Cardano founder Charles Hoskinson has severed ties with decentralized cloud storage project Iagon, warning that the platform and its IAG token could collapse under current leadership. The conflict arose after Blockfrost's integration with Filecoin to enhance Cardano's cloud storage capabilities, a move not supported by Iagon CEO Navjit Dhaliwal. Hoskinson criticized Iagon for opposing Input Output Global's (IOG) fiscal proposals out of "resentment and anger," urging a leadership change to prevent project failure.The market reacted swiftly, with IAG's token price plummeting 34% in two days, from $0.038 to $0.025, before slightly recovering to $0.02815. Trading volume surged by 44% to $14.59 million, indicating significant selling pressure as investor confidence waned. Hoskinson emphasized the need for diverse decentralized infrastructure providers to support Cardano's ecosystem.