Flowcarbon is a scam: Adam Neumann’s new company Flowcarbon has raised US$70 million to put offsets on the blockchain.
Tag: Cryptocurrency
Verra prohibits tokenisation of retired offsets. Toucan welcomes the news
Verra prohibits tokenisation – but only of retired offsets from its registry. A new type of “imobilized” offset can be tokenised.
Verra’s response to REDD-Monitor’s questions about Toucan’s transferring of retired carbon offsets to the blockchain: “An entity that retires a VCU and then creates a token is not, strictly speaking, tokenizing a VCU, but is instead creating an instrument that exists outside of Verra’s ecosystem”
Verra’s response to REDD-Monitor’s questions reveal little about Toucan, offsets, and blockchain, except that Verra is, legally speaking, carefully covering its arse.
Toucan’s crypto layer on top of carbon offsets is expanding the market for toxic hot air
Toucan’s crypto layer on top of carbon offsets is doing nothing to address the climate crisis. In fact it is making it worse.
Can Nemus Earth save the Amazon Rainforest by selling NFTs?
Nemus Earth is proposing to save the Amazon Rainforest by selling NFTs. The plan involves a massive green grab and a total suspension of disbelief.