WeWork Founder Is Back With $70 Million Funding For Flowcarbon
Highly controversial WeWork Founder Adam Neumann is now back with more than $70 million in funding for a new crypto tech initiative that offers tokens linked to carbon offsets. The Goddess Nature Token (GNT) that runs on the Celo Blockchain is exchanged for carbon. Neumann raises money for Flowcarbon, his new crypto startup, from private […]
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The co-founder of the company Wework, Adam Neumann, is behind a new crypto project called Flowcarbon and on Tuesday, the blockchain project revealed it raised $70 million from a handful of investors and was led by Andreessen Horowitz (A16z). Flowcarbon’s chief executive Dana Gibber says the project’s efforts provide a “brilliant financial mechanism that creates a counterbalancing incentive to reforest, revitalize and protect nature.”
Adam Neumann Backed Crypto Project Flowcarbon Raises $70 Million
A project backed by Adam Neumann, the co-founder and....
Coworking space founder and billionaire Adam Neumann is trying his hand in the crypto space, raising $70 million for his blockchain-powered climate tech platform Flowcarbon. Three years after being ousted as CEO of WeWork, Adam Neumann has jumped on the crypto bandwagon, raising $70 million in the first major funding round for his climate tech venture Flowcarbon.The project aims to make carbon trading more accessible by putting carbon credits on the blockchain. Neumann is an Israeli-American businessman and investor famous for his role in founding coworking space provider WeWork in 2010, a....
Global space provider Wework has announced that it will now accept payment in select cryptocurrencies. The company has partnered with Bitpay and Coinbase for inbound and outbound transactions. In addition, the Softbank-backed company says it will also hold the currency on its balance sheet. Wework Dives Into Crypto Wework announced Tuesday several initiatives regarding cryptocurrencies. The company provides environments for individuals and businesses, from freelancers to Fortune 500 companies. With over 800 locations worldwide in more than 150 cities, Wework says it is the largest global....
Earlier this week, WeWork announced that it would begin accepting payments in cryptocurrencies. In a move following Tesla and MicroStrategy, the commercial real estate start up stated that it would begin holding Bitcoin on its balance sheet — another sign of Bitcoin’s growing institutional acceptance. WeWork said that it will accept Bitcoin, Ethereum, and USD […]
In a company announcement, shared workspace provider WeWork said it will use bitcoin for inbound and outbound transactions.