Once Much-Talked Altcoin Has Decided to Shut Down! Investors Will Be Refunded!
Flowcarbon’s once much-talked-about Goddess Nature Token (GNT) launch failed and failed.
There are many altcoin projects, large and small, in the market. While some of them are very successful, others decide to close down in a short time.
One of the projects that failed and decided to close down was the Goddess Nature Token (GNT).
According to Forbes, the once-talked-about “Goddess Nature Token (GNT)” launch of Flowcarbon, a blockchain-based carbon credit platform founded by former WeWork CEO Adam Neumann, failed to materialize.
It was reported that after this failure, the Flowcarbon team will refund investors who purchased GNT tokens.
Flowcarbon explained that this was due to market conditions and the resilience of carbon logging.
Flowcarbon announced in May 2022 that it had completed a $70 million financing, at least $38 million of which came from token sales. Its investors included giant names such as a16z and Samsung NEXT.
*This is not investment advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Evaluating Probability of Ethereum Breaching the $4K Milestone Soon
Ethereum's Potential Bull Run Versus Existing Downward Forces: The Battle for the $4K Mark
What Stage of the Bitcoin Bull are We in? Are We Nearing The End Or Are We Just Getting Started?
Which stage of the bull run are we in in Bitcoin, the world's largest cryptocurrency? Are we nearing the end of the bull run? Here is the analyst forecast.
IOTA Rebased Testnet Onboards Trusted Validators Securing Billions in Assets
NEAR Protocol Supports Web3 AI With New $20M Development Fund
Trending news
MoreCrypto prices
More
