US Edition
GCS Fibers reports, Ash Environmental DAO | Ash Token Funds First Round of High-Impact Environmental Innovators with Over $2 Million in Grants
- On May 16, 2025, the Ash Environmental DAO granted $2 million to GCS Fibers LLC, a Potomac Falls, Va.-based start-up, along with smaller funding allocations to two additional emerging companies in the area.
- The DAO issued these grants to promote its goal of fostering sustainable environmental solutions, generating employment opportunities, and driving economic change through the use of decentralized blockchain finance.
- GCS Fibers, a U.S.-based company, transforms toxic coal ash into non-toxic mineral fibers that can be used in various industrial products, enabling it to restart commercial-scale production.
- Dan Perez emphasized that this initiative represents the inaugural example of the Ash Token community enabling investment in practical, eco-friendly innovations, reflecting the DAO’s commitment to a sustainable circular economy.
- The grant is enabling GCS Fibers to resume operations, generate employment opportunities, and demonstrate how ecological responsibility and financial success align within the DAO’s overarching mission to convert pollution into valuable prospects.
38 Articles
38 Articles
The Courier-Tribune
GCS Fibers reports, Ash Environmental DAO | Ash Token Funds First Round of High-Impact Environmental Innovators with Over $2 Million in Grants
POTOMAC FALLS, Va., May 16, 2025 /PRNewswire/ -- The Ash Environmental DAO, through its Ash Token (https://ashtoken.io/) cryptocurrency ecosystem, is proud to announce the successful funding of its initial group of grant recipients—marking a major milestone in the DAO's mission…
GCS Fibers reports, Ash Environmental DAO
POTOMAC FALLS, Va., May 16, 2025 /PRNewswire/ — The Ash Environmental DAO, through its Ash Token (https://ashtoken.io/) cryptocurrency ecosystem, is proud to announce the successful funding of its initial group of grant recipients—marking a major milestone in the DAO’s mission to support high-impact environmental innovation, job creation, and economic transformation through decentralized blockchain finance. In this inaugural round of funding, t…
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