The start-up called Flowcarbon, which carried carbon credit transactions to the blockchain, received $ 70 million in funding.
A total of $32 million of the fund, his head By Andreessen Horowitz (a16z) from an investor group that it attracted; the remaining 38 million dollars Goddess Nature Token (GNT) It came from a special pre-sale held for
GNT, Flowcarbon’s own token; some projects are supported by a number of carbon credit certificates received in the last five years. These credits can be bought and sold between users.
When the GNT, which is currently in testing, is available Celo blockchain expected to use. It is reported that GNT can also be used for borrowing/lending transactions in addition to buying and selling.
Among the founders of the project Former CEO of WeWork Adam Neumann and his wife, Dana Gibber, Carolina Klatt and Ilan Stern. Neumann controversially left the WeWork team in 2019.