According to Odaily Planet Daily, Cardano founder Charles Hoskinson responded to concerns about the governance structure of the Cardano Foundation. He emphasized that the foundation is unrelated to IOHK or Emurgo.

Hoskinson pointed out that the foundation's lack of enthusiasm for funding projects like Catalyst may hinder ecosystem development and impact future sustainability, especially the insufficient incentives for major contributors.

Cardano supporter Rick McCracken questioned IOHK's transparency and suggested changes to the governance approach. Hoskinson acknowledged that IOHK faced challenges during the bear market but has always focused on ecological development.