cardano founder Charles Hoskinson has decided to support Colossal, a biotechnology company that aims to rehabilitate mammoths.
Cardano Founder Charles Hoskinson’s Invested Company Plans to Bring Mammoths to Life by 2027
Aiming to bring extinct animals back to life, the company aims to bring mammoths back to earth by 2027, thanks to its revolutionary CRISPR gene editing technology.
Harvard Medical School professor George Church and technology entrepreneur Ben Lamm founded the Colossal company in September of 2021 and managed to raise $15 million in the funding round.
Hoskinson was among the investors in the company’s recently announced $60 million Series A funding round. Thomas Tull, CEO of Legendary Entertainment, led the funding round.
For years, research has been carried out to bring these species back to life by combining the DNA samples obtained from fossils of extinct species with the DNA of similar creatures living today.
George Church has been working for over 10 years to bring mammoths back to life. Church is currently working on an elephant genome-based mammoth embryo.
So what does Cardano have to do with the resurrection of extinct creatures? Hoskinson thinks Blockchain technology can be used in crowdfunding and intellectual property management.
However, the founders of the Colossal company have said many times that their aim is to bring the biodiversity collapse in the world back to its old days. In addition, the company plans to tackle the melting of glaciers due to climate change.
However, critics believe that returning endangered animals to the world will raise many ethical problems. Others want to focus on currently endangered animals instead.