Cardano Founder Charles Hoskinson has revealed plans to engage with famous American businessman and Tesla CEO Elon Musk.
Hoskinson made this known while responding to an inquiry from an X user about whether he has had an engagement with Musk.
Hoskinson Awaits Special Occasion to Hit Up Musk
Responding, the Cardano founder revealed that he plans to contact the American businessman.
“You only get to pull that card once,” Hoskinson stated.
His comment suggests that engaging with someone like Musk only happens once in a lifetime. As a result, he pointed out that he is saving “the card” for “something big” in the future
You only get to pull that card once. I'm saving it for something big
— Charles Hoskinson (@IOHK_Charles) June 1, 2024
Cardano Fans React
The Cardano boss did not provide further insights into his potential engagement with Musk. As expected, some of Hoskinson’s followers asked about the magnitude of the future event that the Cardano boss awaits before he contacts Musk.
How big?
— HOSKY (@hoskytoken) June 1, 2024
Other users speculated that the occasion Hoskinson awaits could be important and possibly relate to Cardano. This might lead to a major technological breakthrough for the leading blockchain network.
Musk’s Impact on Crypto
A potential discussion between Hoskinson and Musk could lead to a collaboration that might positively impact the broader crypto industry, especially Cardano and its native token, ADA. Such a collaboration would be characterized as Musk’s endorsement of Cardano, thus driving the price of ADA to unprecedented levels.
Musk’s influence on any crypto project cannot be overstated. For instance, the billionaire’s tweets and support for Dogecoin played significant roles in boosting the value of DOGE to an all-time high of $0.7376 on May 8, 2021. The billionaire could replicate the feat for ADA if he collaborates with Hoskinson on any groundbreaking initiative.
Hoskinson’s Prior Engagement with Musk
Meanwhile, Hoskinson had proposed engaging with Musk on a possible collaboration. In April 2022, the Cardano founder proposed helping Musk build a decentralized version of Twitter. He made the proposal after multiple reports suggested that the Twitter board could reject Musk’s offer for the platform.
@elonmusk Elon if Twitter rejects your offer, then hit me up. Happy to build a decentralized one
— Charles Hoskinson (@IOHK_Charles) April 14, 2022
Later that month, Hoskinson refused to deny nor confirm reports suggesting he met with Musk at the X headquarters.
With Hoskinson indicating plans to communicate with Musk for “something big,” Cardano enthusiasts hope the potential engagement will positively impact the price of ADA, which currently trades at $0.4537.
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