Cardano Founder to Go On “Five Days of Total Darkness” in Search for Growth

In search of growth, Charles Hoskinson, the founder of the Cardano network, has planned a purposeful absence from the crypto space for a while. In a Thursday tweet, the Ethereum co-founder said he would imminently undertake a five-day retreat in total darkness.

Quest For Growth

In a world where artificial general intelligence (AGI) has posed a significant threat to human knowledge, understanding, and values, Hoskinson believes gnosis is a deeply personal and spiritual form of knowledge and the only realm that can maintain human autonomy. 

“Ironically, the absence of everything is the path to finding something. Thus, a little darkness benefits us all in our growth,” Hoskinson stated. 

The CEO disclosed that he aims to achieve the same results as the Dzogchen’s 49-day isolation while contemplating the Bardo Thodöl. Meanwhile, he promised to record his experiences upon return, as well as any accumulated gnosis or theosis insights. 

Notably, the American entrepreneur highlighted a constraint, revealing that efforts like this require several years of meditative practices before the wisdom gained can be implemented. 

Meanwhile, Hoskinson mentioned that the X post was a prompt to avoid last year’s occurrence. For context, it was speculated in August that the Cardano founder had died after a few days of inactivity. 

While expressing gratitude to the people who enjoy his adventures for growth, Hoskinson stated that his cup is always empty for well-meaning suggestions.

From Struggle to Revival?

Layer-1 blockchain Cardano has struggled despite its remarkable growth since its 2018 launch, with a 5,345% increase in value. Investors have criticized the ecosystem for its slow growth, believing the network is undervalued with its reflection on the blockchain’s native token, ADA.

Notably, despite its substantial market capitalization of over $33 billion, Cardano has underperformed compared to its peers. For instance, ADA has capitulated the most in the past 30 days compared to XRP, Solana, and Dogecoin.

Meanwhile, with Hoskinson on a quest for growth—which may involve strategic partnerships, infrastructure development, and community engagement—the layer-1 blockchain could regain investor confidence and drive ADA’s value. 

At press time, ADA was trading at $0.96, up 14% in the past 24 hours.