Meet Berachain: a new Layer 1 born from a community built around bear NFTs
Quick Take
- Berachain’s pseudonymous co-founder Smokey the Bera breaks down their unique approach to building a Layer 1 blockchain.
Episode 49 of Season 6 of The Scoop was recorded with The Block's Frank Chaparro and Berachain Co-Founder 'Smokey the Bear'.
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Smokey the Bera is the pseudonymous co-founder of Berachain — a Layer 1 network that raised $100 million in a Series B back in April.
In this episode, Chaparro and Smokey discuss how memetics influences community building, and unpack Berachain's innovative 'proof of liquidity' consensus, where users earn governance tokens by contributing liquidity to the ecosystem.
OUTLINE
00:00 Introduction
04:42 Berachain Conception
14:08 Ecosystem 'Politics'
15:58 The Power of Memetics
20:31 Tri-Token Model
27:43 Layer-1 "BD War"
32:39 Smokey's Inspiration
35:02 Aligning Incentives
39:17 Identifying Passion
42:49 Berachain Roadmap
This episode is brought to you by our sponsor Polkadot
Polkadot is the blockspace ecosystem for boundless innovation. To discover more head to polkadot.network
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