In a construction that may marvel few, former WeWork CEO Adam Neumann’s local weather/crypto/carbon-credit startup Flowcarbon seems to be within the strategy of curling as much as die, Forbes reported nowadays.
Patrons of the outfit’s “Goddess Nature Token,” pitched as step one in striking carbon credit at the blockchain, have reportedly been contacted about receiving refunds over the past month, however they should first signal a confidentiality settlement and free up of claims towards Flowcarbon. The corporate informed Forbes this was once “widely known” that it’s been providing refunds, bringing up carbon credits marketplace prerequisites for the operational extend.
It’s now not transparent what, if the rest, the corporate has accomplished because it was once based in 2022, or if Neumann faithfuls like a16z can be getting a reimbursement.
Flowcarbon is distinct from Neumann’s residential actual property corporate, Waft, which a16z has additionally funded.
