- Cardano founder Charles Hoskinson joins the Harvard-led Galileo Project in search of a meteor of interstellar origin that crashed on Earth in 2014. The project aims to uncover fragments of unidentified flying objects (UFOs) and explore the possibility of alien life.
- Hoskinson invested 27,420,000 South African Rand in the Galileo Project back in March 2023. He confirmed his participation in the expedition through Twitter updates, sharing progress and discoveries made during the search.
- Despite Hoskinson’s involvement in unconventional projects, Cardano’s native cryptocurrency, ADA, has experienced a decline in value recently. ADA has lost approximately 31,368 South African Rand in the past week, representing an 18.9% decrease in value since the beginning of June 2023.
The founder of Cardano, Charles Hoskinson, has confirmed on Twitter that he is part of an expedition that is searching for a “meteor of interstellar origin” that crashed onto Earth from outer space in 2014. The United States Department of Defense verified the origin of the meteor back in 2019, and the search for it is being conducted by the Galileo Project, which is a part of Harvard University.
The project is led by Harvard professor Avi Loeb and his student Amir Siraj.
Cardano founder invests in search for aliens
Back in March 2023, Charles Hoskinson, the founder of Cardano, invested 27,420,000 South African Rand in the Galileo Project. On June 16th, Hoskinson confirmed his presence with the researchers on the coast of Papua New Guinea in the Pacific Ocean, sharing updates through a series of Tweets.
In one of his tweets, he mentioned that there was still much ground to cover and that they hadn’t yet started using the sluice sled. Meanwhile, Loed, another member of the expedition, is maintaining a blog where he provides daily updates on the progress of the expedition so far.
In a post dated June 16th, he mentioned the discovery of a manganese-platinum wire with a unique abundance pattern that differs from commonly available commercial products.
The scientists involved in the expedition have a strong belief in the existence of alien life and speculate that the meteor that crashed into the ocean is actually a fragment of an unidentified flying object.
Cardano founder invests in more fun projects
Hoskins is known for investing in quirky, fun projects that look to overstep the boundaries of the known. In March 2022, the Cardano founder said that he invested in a project aiming to resurrect the woolly mammoth with aims of bringing blockchain into the “field of de-extinction”.
How is ADA holding up?
Cardano’s native cryptocurrency, ADA, has experienced a decline in value over the past few weeks. According to CoinMarketCap data, the token has lost approximately 31,368 South African Rand of its value in the last week.
From June 1, 2023, when it was priced around 6.8575 South African Rand, ADA has dropped to about 5.0587 South African Rand on June 18, 2023, marking a decrease of 18.9% this month.
