Flowcarbon, a startup founded by former WeWork CEO Adam Neumann, has begun returning money to investors after the failure of its Goddess Nature Token (GNT) launch. 🌱
The company, which raised $70 million in 2022, has encountered difficulties in implementing its idea of tokenizing carbon credits. Flowcarbon blames difficult market conditions and resistance from carbon registries.
Despite the returns, the startup continues to operate and is preparing for the CarbonSmart Summit on September 23.
