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> Why exactly is a tech-focused VC interested in this? My strong suspicion is that this involves tokenized rent payments on a blockchain, and that a16z is look
by TradingPlaces 4y ago
> Why exactly is a tech-focused VC interested in this?
My strong suspicion is that this involves tokenized rent payments on a blockchain, and that a16z is looking to make their money back on the tokens. Never underestimate is cynicism of a16z.
Keep in mind that a16z participated in A-series on the Neumann Flowcarbon tokenized carbon credit scheme just in May. That is already dead
https://businesscloud.co.uk/news/in-crypto-adam-neumanns-flowcarbon-project-paused-indefinitely/ https://businesscloud.co.uk/news/in-crypto-adam-neumanns-flo...
- TradingPlaces 4y agoYup. https://www.forbes.com/sites/davidjeans/2022/08/17/adam-neumanns-flow-a16z-crypto/?sh=23d538b423a2 https://www.forbes.com/sites/davidjeans/2022/08/17/adam-neum...