Flowcarbon’s status as a Web3 darling says a few things about the movement. First, that attaching the word “blockchain” to any startup business plan draws investors. Second, that Web3 doctrine holds that the tech behind blockchains makes any startup better and its goals more attainable—despite there being scant evidence for that, and plenty of informed critics who disagree. And finally, that in an industry where hype can seem the primary currency, even Mr. Neumann’s notoriety doesn’t preclude getting funded.
‘Enforcement 40’ for 2020
Join Us On LinkedIn
Join the Securities Litigation and Enforcement Group on LinkedIn