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Cardano founder denies assurance on a probable Amazon coalition

source-logo  thecoinrepublic.com 24 September 2021 01:01, UTC
  • Cardano founder confirmed that he has no knowledge about a partnership with Amazon
  • Pieter Nierop conducted a mythical poll on Twitter whether a potential coalition between Amazon and Cardano could ensue in the future
  • More than 67% of them believe that such a partnership could occur
  • The rumor ignited amid Amazon putting up a job posting asserting it’s glimpsing for virtual assets and blockchain product lead

Cardano has become another soaring cryptocurrency project in the crypto market. According to data from CoinMarketCap, ADA, the native crypto coin of the project is the third-largest cryptocurrency in terms of market capitalization. We have noted that the news of a probable partnership between the blockchain network and Amazon was spreading. However, Charles Hoskinson, the founder, and CEO of Input and Output Hong Kong (IOHK), the firm the blockchain network has confirmed that he is unaware of such collaborations. Indeed, he denied any such collaboration of the blockchain network with the eCommerce giant.

Cardano enthusiasts conducting mythical polls on Twitter

Recently, over the last few days, we have observed that Pieter Nierop, one of Cardano’s enthusiasts, was found conducting a mythical poll on Twitter. The poll asked the active Cardano community whether a potential coalition between Amazon and Cardano could ensue in the future. Notably, a total of 3,949 Twitter users conducted the poll. It was interesting to see that among the respondents, more than 67% of them believe that such a partnership could occur. However, 32% of the respondents also claimed that such a partnership would not be witnessed.

Charles Hoskinson confirmed the hoax

The poll conducted by the Cardano enthusiast came in the backdrop of a rumor.  Indeed, such a rumor was circulating in July. At the time several believed that the eCommerce giant was going to accept the coin created by Satoshi Nakamoto. After the successful integration of BTC, adoption of Ethereum, BTC Cash, and Cardano was expected within this year only. Moreover, an insider also claimed that Amazon was investigating to roll out its token by next year.

Following such a scenario, Charles Hoskinson wrote that such a coalition is not in his knowledge either.

However, all such rumors were denied by the firm the following day. According to Jeff Bezos, the CEO of Amazon, the set up of such crypto payments solutions aren’t just going through the motions. Indeed, at some point in the future, the integration is a full-on, well-discussed, integral part of the future mechanism of how the firm will work. Beginning with BTC, the discussion is the key first stage of this cryptocurrency project.

How did such rumors begin to emerge?

While giving a closure look, we have observed that the rumor ignited amid Amazon putting up a job posting asserting it’s glimpsing for a virtual assets and blockchain product lead. Calling for somebody who can leverage domain expertise in blockchain, distributed ledger, central bank digital currencies (CBDC), and crypto.

thecoinrepublic.com