Market Data 
Cardano founder Charles Hoskinson has dissociated himself from Emurgo, clarifying the extent of his relationship with the blockchain company. Hoskinson emphasized on social media that Emurgo is an independent entity he neither owns nor controls. He also clarified he wasn’t involved in Emurgo’s founding.
Why are you asking me? They are an independent company. I have no ownership or oversight of Emurgo. I didn’t create Emurgo. Ask them
— Charles Hoskinson (@IOHK_Charles) August 29, 2024
Hoskinson clarified the extent of his relationship with Emurgo while responding to questions from a blockchain user who complained about the firm’s services. In a recent post on X, the user tagged Hoskinson and alleged poor service delivery by Emurgo. According to the user, he attempted to take the Aiken course on the platform but got a response that suggested the firm is not ready for what they charge.
The user directing his questions at Hoskinson may be understandable, considering Emurgo’s link with Cardano over the years. Until writing, the welcome message on Emurgo’s website read:
“EMURGO is a founding entity of the Cardano blockchain and provides products and services to drive the adoption of Cardano’s Web3 ecosystem.”
Like several other firms, Emurgo is one of several companies that have partnered with Cardano to foster the development and adoption of blockchain. Specifically, Emurgo’s role is to facilitate the commercial adoption of Cardano.
For clarity, Ken Kodama, not Hoskinson, founded Emurgo. Kodama leads Emurgo’s global operations and aims to bring widespread adoption to Cardano.
Factually, there are no mentions of direct connections between Hoskinson and Emurgo or any involvement of Hoskinson in Emurgo’s operations. However, the tone of his response while dissociating himself from the entity hasn’t gone down well with some blockchain community members.
While the user’s question suggests all may not be well at Emurgo, Hoskinson’s response seems to amplify the concerns. One respondent who appears displeased with the Cardano founder’s response considered his outburst an act of betrayal. According to him, users will remember Hoskinson as a known sellout.
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