Why We Invested · Andreessen Horowitz
Why the firm invested
a16z is investing in Flowcarbon to build an accessible, transparent on-chain carbon credit market.
This is why we’re excited to announce that we’re investing in Flowcarbon.
Product
Flowcarbon is building an open protocol platform that allows anyone to tokenize certified off-chain carbon credits.
Anyone can come to the platform and tokenize their certified off-chain carbon credits, unlocking a new economic flywheel for sustainability.
Flowcarbon buyers can purchase ERC-20 tokens backed by certified carbon credits issued in the last five years from nature protection and restoration projects.
Buyers can purchase ERC-20 tokens backed by a bundle of certified carbon credits issued in the last five years from projects that protect and restore nature.
Flowcarbon's Goddess Nature Token (GNT) is fully backed by live off-chain credits and can be used for lending collateral, protocol treasuries, stablecoin reserves, or on-chain offsets.
Flowcarbon tokens, including its first token, Goddess Nature Token (GNT), are fully backed by the live value of off-chain credits. GNT can be used as collateral for lending, as an asset for protocol treasuries, as a portion of stablecoin reserves, or as an on-chain offset.
Team
Flowcarbon was co-founded by Dana Gibber, Caroline Klatt, Rebekah Neumann, Adam Neumann, and Ilan Stern, and is led by Dana Gibber, Caroline Klatt, and Phil Fogel.
Co-Founded by Dana Gibber, Caroline Klatt, Rebekah Neumann, Adam Neumann and Ilan Stern, and led by the powerhouse trio, Dana, Caroline, and Phil Fogel, Flowcarbon is building an on-chain carbon credit tokenization platform through an open protocol that allows all market participants equal access.
What founders can learn
- What actually moved the decision: Andreessen Horowitz wrote that a16z is investing in Flowcarbon to build an accessible, transparent on-chain carbon credit market.
- How the team was judged: Andreessen Horowitz wrote that Flowcarbon was co-founded by Dana Gibber, Caroline Klatt, Rebekah Neumann, Adam Neumann, and Ilan Stern, and is led by Dana Gibber, Caroline Klatt, and Phil Fogel.
Source and provenance
Why We Invested published by Andreessen Horowitz on a16z.com (first-party source). Read the original
