Published 2 days ago • loading... • Updated 2 days ago

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 provided $2 million in funding to GCS Fibers LLC, along with smaller grants to two additional start-ups based in Potomac Falls, Virginia.
The DAO invests in companies to promote sustainable technology development, generate employment opportunities, and drive financial change through a decentralized blockchain platform.
GCS Fibers, a U.S. Eco-friendly manufacturer, transforms toxic coal ash into non-toxic mineral fibers for industrial use, enabling it to restart commercial-scale production.
Dan Perez highlighted this occasion as the initial example of utilizing the Ash Token platform to effectively support impactful environmental initiatives, while David Quinn described the funding as a strong endorsement of their ongoing efforts.
The recent funding initiative reflects the DAO’s commitment to fostering a circular and inclusive economy by supporting efforts to reduce pollution, generate employment, provide sustainable products, and welcomes new collaborators to expand the ecosystem worldwide.

Insights by Ground AI

Does this summary seem wrong?

37 Articles

All

Left

Center

Right

The Courier-Tribune

+36 Reposted by 36 other sources

Center

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…

2 days ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year