Flowcarbon

Flowcarbon was founded in 2022 by former WeWork founder Adamn Neumann with the mission of putting carbon credits on the blockchain. Companies and individuals purchase carbon credits in order to offset unavoidable emissions. Each Goddess Nature Token was planned to be the equivalent of one carbon credit. Flowcarbons partner, Verra once the biggest carbon credit certifier, has been mired in controversy after a study revealed 90 of their rainforest carbon offsets are worthless. Flowcarbon used this deck to raise $32M in 2022 from a16z, Samsung Next, and Invesco. $38 million came from sales of the Goddess Nature Token. The pitch deck heralded GNT as the only truly viable carbon credits token. However, Forbes reported in September 2024 that Flowcarbon had not yet delivered any tokens and was offering refunds to investors in exchange for signing a confidentiality agreement and waiving any claims.