Carbon is a trustless, decentralized, and price stable cryptocurrency which closely correlates with the US Dollar, and was built using the Hedera Hashgraph. Samuel Trautwein, Gavin Mai, Connor Lin, and Miles Albert founded Carbon in 2018 in New York City, New York. Carbon achieves price stability through constant algorithmic adjustment of the Carbon coin supply based on user demand, and is classified as a stablecoin.
On April 12, 2018 Carbon raised $2 million in seed funding from The Fund (Attorney's Title Fund Services), Plug and Play, General Catalyst, Future Perfect Ventures, FirstMark, and Digital Currency Group.
Timeline
Funding Rounds
Patents
Further Resources
Carbon Becomes Latest Startup to Launch a Dollar-Pegged Stablecoin - CoinDesk
Aditi Hudli
News
Carbon: Accessible, Stable Money | Hedera18
October 22, 2018
Carbon's Stablecoin Can Now Be Swapped Between EOS and Ethereum
Coindesk
Web
Introducing Carbon, a Stablecoin Powered by Hedera Hashgraph
Carbon
Web