NuCypher cooperates with 11 global universities including Fudan and Tsinghua University to implement the college staking plan

Privacy infrastructure project NuCypher’s open college Staking program, which distributes NU tokens, which account for 1.95% of NuCypher’s initial circulation, to the computer science departments and cryptography laboratories of 11 universities worldwide, and these 11 universities agree to operate them for at least the next three years NuCypher node and pledge these tokens. NuCypher stated that the purpose of this move is to enhance the diversification of pledge nodes, enhance cooperation with university research, and attract skilled participants to the blockchain and PoS (Proof of Stake) fields. The 11 participating university partners are Arizona State University, Columbia University, Fudan University, Seoul University, Stevenson Institute of Technology, Tsinghua University, University of California Berkeley, University College London, University of Malaga, Novi Sad University, University of Waterloo. Lianwen previously reported that NuCypher completed a new round of financing of 10.67 million US dollars in October last year, led by Polychain Capital. Other investors include Bitmain, Y Combinator, Bitfury, Arrington XRP Capital, Notation Capital, Fenbushi Capital, DHVC , Continue Capital and other institutions.