The mainnet launch of Berachain, a blockchain platform with a novel Proof of Liquidity consensus mechanism, is finally happening. Prior to the launch, Berachain raised over $140 million in funding, with some questioning why crypto projects are raising such large amounts of capital. However, proponents argue that raising substantial funds is necessary for factors such as competition, talent acquisition, and the massive potential opportunities presented by blockchain networks. Critics argue that big capital raises set high expectations for future performance. Overall, the article suggests that crypto funding is not yet out of control, and projects that manage to secure significant funding should be given the opportunity to succeed.



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