• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Goddess Nature Token Project Closes Due to Market Conditions

user avatar

by Giorgi Kostiuk

a year ago

  1. Closure of the Goddess Nature Token Project
  2. Reasons for Failure
  3. Refunding Investors


    4. 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.

    Closure of the Goddess Nature Token Project

    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.

    Reasons for Failure

    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.

    Refunding Investors

    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.

    The closure of the Goddess Nature Token project was the result of unfavorable market conditions. However, investors can expect a refund of their invested funds.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Cardano Partners with Grant Thornton for New Financial Audit

chest

Cardano Foundation has partnered with Grant Thornton to launch a comprehensive financial audit to enhance transparency and accountability in the finance sector.

user avatarAisha Farooq

Community Backlash and Regulatory Interest in AI Deepfakes

chest

The recent emergence of AI-generated deepfake videos featuring the cast of Stranger Things has led to significant community backlash, particularly due to the lack of an official response from Netflix. Fans have expressed their dissatisfaction, labeling the videos as creepy and disturbing. This situation has prompted discussions about the ethical implications of AI in content creation and has raised calls for regulatory action.

user avatarTenzin Dorje

BlockDAG Challenges Solana and Avalanche in Scalability

chest

BlockDAG enters the blockchain space with a unique approach to scalability, raising significant funds in its presale.

user avatarBayarjavkhlan Ganbaatar

Cronos Struggles Despite New Partnership with Upbit

chest

Cronos struggles to gain momentum despite a new collaboration with Upbit for CRO staking services.

user avatarElias Mukuru

FLOKI Coin Struggles with Centralization Despite Strong Community

chest

FLOKI has a strong community but faces risks due to its token supply structure.

user avatarGustavo Mendoza

Investors Shift Focus to Sustainable Token Systems in Crypto Market

chest

Investors are increasingly prioritizing sustainable token systems over hype-driven investments.

user avatarDiego Alvarez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.