WeWork founder's crypto startup Flowcarbon refunds investors before issuing tokens
Powered by ChatGPTOdaily Planet Daily News: Flowcarbon, a blockchain carbon credit platform co-founded by Wework founder Adam Neumann, is refunding investors after its highly anticipated 'Goddess Nature Token' (GNT) failed to be issued. Some refunds have been distributed in the 'past few weeks.' Previously, investors including the technology-focused venture capital firm Andreessen Horowitz had been waiting for over a year without seeing the token issuance. Flowcarbon informed investors that market conditions and resistance from carbon registration agencies are the main reasons for the refunds. Flowcarbon seems to have not publicly disclosed its refund situation, with a Flowcarbon spokesperson stating: 'Since last year, we have been providing refunds to retail GNT buyers in accordance with standard and customary terms, and we continue to develop Flowcarbon into a leader in the carbon finance sector.' (Cointelegraph)