Cardano (ADA) CEO and Ethereum (ETH) co-founder Charles Hoskinson has joined predictive analytics firm Endor. The company announced the appointment in a press release shared with CryptoNewspeople on Feb. 4.
Established in 2014, Endor claims to be the first automated predictions engine in the field of business decision-making by means of a blockchain-based and artificial intelligence (AI)-powered analytical platform. Last spring, Endor reportedly raised $45 million in a token pre-sale for its predictive analytics technology.
According to the press release, Endor has onboarded Hoskinson as a senior advisor, who will provide guidance and counsel in respect to the cryptocurrency industry, decentralization, and blockchain strategy. Additionally, Hoskinson will purportedly lead a new strategic project, the essence of which has not been yet revealed.
In the press release, Endor’s CEO and co-founder Yaniv Altshuler highlighted Hoskinson’s expertise derived from his work on decentralized public blockchain and cryptocurrency project Cardano and Ethereum. Altshuler also outlined Hoskinson’s involvement in upcoming projects.
Recently, Hoskinson stated that digital currency markets might need 11 years to regain 2017’s price highs, while the industry will be a “dramatically different ecosystem at that point.” Hoskinson said that the industry will have “millions, perhaps even billion” of users, also stressing that one of the key points for the evolution of cryptocurrencies is to attract institutional investors.
Hoskinson’s recent statement echoes those he made on Twitter in June, claiming that the entry of Wall Street into the crypto sector will bring in “tens of trillions of dollars.” When asked by a commentator what exactly the cryptocurrency community is building, Hoskinson answered “an entirely new world.”