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WeWork Founder Raises $70M for Carbon Credit Crypto Project, a16z Leads Round

WeWork founder and former CEO Adam Neumann, who resigned amid controversy prior to the company's initial public offering, has launched a crypto startup.His new venture, Flowcarbon, aims to bring the voluntary carbon market to the blockchain. The company just closed a $32 million venture capital round led by a16z, and raised another $38 million via a private presale of the company’s Goddess Nature Token (GNT). The token is backed by a bundle of certified carbon offset credits issued by nature-bas

decrypt.co7 h ago3 min read
WeWork Founder Raises $70M for Carbon Credit Crypto Project, a16z Leads Round

Common Raises $20M to Build DAO Management Platform, Launch Token

The DeFi-focused startup Common has raised $20 million in its latest funding round, with Spark Capital, Polychain, Jump, Wintermute, BitDAO, and others participating.Common’s new funds will go toward the further development and decentralization of its platform, also known as Commonwealth, which aims to become the ultimate community management platform for DAOs. A DAO, or decentralized autonomous organization, is a collective of individuals allied around a common goal who use governance tokens fo

decrypt.co11 h ago2 min read
Common Raises $20M to Build DAO Management Platform, Launch Token

Crypto Could Use More Centralization: DraftKings CEO

Jason Robins is the co-founder and CEO of DraftKings, the popular sports betting and fantasy sports site. He is also a longtime crypto fan who holds a variety of coins and NFTs—and he has some ideas about how to encourage more people to use crypto.Robins believes the current state of crypto is much like the early internet, which was defined in part by rampant scams and complicated interfaces that intimidated non-tech-savvy users. He's hardly the first to draw that comparison, but he believes wha

decrypt.co12 h ago3 min read
Crypto Could Use More Centralization: DraftKings CEO