Berachain Raises Over $100 Million for Blockchain Development
- Berachain, founded by pseudonymous developers, has raised over $100 million.
- The blockchain is built on the Cosmos SDK and uses a proof-of-liquidity consensus mechanism.
- More than $2.1 billion has been deposited in pre-deposit vaults, with EtherFi leading at over $627 million.
- A robust testnet supports over 100 protocols for user interaction before the mainnet launch.
- The Berachain community eagerly anticipates the mainnet launch, humorously expected in “Q5.”
Berachain’s innovative approach and strong community support have led to significant financial backing and anticipation for its mainnet launch. The project has already attracted substantial deposits in pre-launch initiatives.
Source (2.6)https://decrypt.co/resources/how-to-prepare-for-berachain-the-novel-proof-of-liquidity-blockchain?rand=52368
