WeWork founder's crypto startup project failed to issue tokens, refunding investors tens of millions of dollars

According to Wu, as reported by Forbes, Flowcarbon, a climate technology startup co-founded by former WeWork CEO Adam Neumann, is quietly returning investors' funds. The company's previously highly anticipated 'Goddess Nature Token' (GNT) project has failed. In May 2022, Flowcarbon announced the completion of a $70 million financing, with at least $38 million from token sales. Prominent investment firms such as a16z, General Catalyst, and Samsung NEXT were involved. However, GNT has yet to be issued, and the company has recently started refunding investors.