The Adam Neumann-backed company, Flowcarbon, has raised $70 million in a first round of funding.
Sorry, you didn’t catch that the first time? It’s a “blockchain-enabled carbon credit trading program.”“Flowcarbon operates at the intersection of the voluntary carbon market and Web3, leveraging blockchain to scale climate change solutions.”Their stated mission is, “to drive billions of dollars directly to projects that reduce or remove carbon from the atmosphere by creating the first open protocol for tokenizing live, certified carbon credits from projects around the globe.
To attempt some translation: It’s a company that makes carbon offset projects into crypto tokens for companies to buy and sell. Why? According to Flowcarbon, they’re trying to use the blockchain to build an easier, more accessible, and more transparent system of exchange.
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Adam Neumann-backed blockchain startup Flowcarbon raises $70 millionFlowcarbon, a startup co-founded by former WeWork CEO Adam Neumann, is developing blockchain-based carbon trading tools.
Lire la suite »
Pivot: Just the SPACs, Ma'am on Apple Podcasts.karaswisher and profgalloway talk about Apple pulling up roots in China, Facebook giving researchers access to some treasured data, and why the SPAC market is faltering. Plus, they talk to mrichtel about creativity. Listen to PivotPod:
Lire la suite »
Why Caitlyn Jenner Is 'Really Into' Pete Davidson With Kim KardashianJenner opened up about her affinity for the comedian during an episode of 'The Pivot Podcast.'
Lire la suite »
Japanese Bank Sumitomo Mitsui Trust to Establish Digital Asset Custodian: ReportCORRECT: Sumitomo Mitsui Trust will set up a joint venture with bitbank_inc to custody digital assets for institutions. Reporting by OKnightCrypto
Lire la suite »
GameStop Rolls Out Self-Custodial Wallet for Cryptocurrencies and NFTsGameStop's latest release is part of its wider pivot into the digital asset space.
Lire la suite »
What I Wear to Work: Emily Tisch SussmanThe podcast host of 'She Pivots' embraces brights, patterns, and pieces from her past.
Lire la suite »