[Cardano founder reveals potential cooperation plan with Elon Musk]
Hoskinson revealed his plans in response to an X user's inquiry about whether he had been in contact with Musk.
In response, the Cardano founder said he planned to contact the American businessman.
"This card can only be played once," Hoskinson said.
His comments suggest that you only get one chance to engage with someone like Musk. Therefore, he noted, he is saving "this card" for "big things" in the future.
The Cardano boss did not reveal further details of his possible contact with Musk. As expected, some of Hoskinson's followers asked about the scale of future events he was waiting for before contacting Musk.
Other users speculated that the occasion Hoskinson was waiting for could be Cardano-related and could lead to a major technological breakthrough for the leading blockchain network.
Hoskinson’s potential conversations with Musk could lead to collaborations that would have positive consequences for the entire cryptocurrency industry, especially Cardano and its native token ADA. Such a collaboration would be seen as Musk’s support for Cardano, driving ADA prices to unprecedented levels.
Musk’s influence on any crypto project cannot be underestimated. For example, the billionaire’s tweets and support for Dogecoin pushed the value of DOGE to an all-time high of $0.7376 on May 8, 2021. If he teams up with Hoskinson on any groundbreaking program, he could do something similar for ADA.
Hoskinson, meanwhile, had proposed working with Musk. In April 2022, the founder of Cardano proposed to help Musk build a decentralized Twitter. He made the suggestion after multiple reports suggested Twitter's board might reject Musk's proposal for the platform. Later that month, Hoskinson neither denied nor confirmed whether he met with Musk at X headquarters.
With Hoskinson saying he plans to communicate "big things" with Musk, Cardano backers are hoping the potential engagement will positively impact ADA, which is currently trading at $0.4537.
