In a improvement that can shock few, former WeWork CEO Adam Neumann's local weather/crypto/carbon credit score startup Flowcarbon seems to be within the means of folding up when it dies, Forbes reported in the present day.
Patrons of its βGoddess Nature Token,β which was proposed as step one in placing carbon credit on the blockchain, have been reportedly contacted about receiving refunds for the previous month, conditional on signing a confidentiality settlement and releasing claims in opposition to Flowcarbon. The corporate advised Forbes it was “well-known” and blamed circumstances within the carbon credit score marketplace for the operational delay.
It's unclear what, if something, the corporate has achieved because it was based in 2022, or whether or not bigger buyers like Neumann believes a16z will get their a refund. (Flowcarbon is completely different from Neumann's different a16z-backed firm, Stream.)
