Berachain, a new layer-1 blockchain network, recently launched its mainnet and conducted a large airdrop. However, concerns have arisen within the community regarding favoritism towards private investors and alleged token swapping by the lead developer. Despite these issues, Berachain has the opportunity to rebuild public trust with its unique Proof of Liquidity system. The project has gained significant attention for its airdrop and mainnet launch, but some have criticized its marketing as reminiscent of meme coin culture. Despite amassing $2.3 billion in pre-launch deposits and achieving listings on major exchanges, there have been complaints about small token rewards for testnet farmers. Additionally, there are concerns about the distribution of tokens to private investors and the potential dumping of tokens by a core developer. It is also noted that Berachain has yet to implement its core product, Proof of Liquidity. These factors raise questions about the long-term sustainability of the project. However, there is still optimism surrounding the Proof of Liquidity mechanism and the developer support behind Berachain. If the project can address these challenges and implement PoL, it may be able to overcome the current crisis and succeed in the long run.



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