Meet Berachain: a new Layer 1 born from a community built around bear NFTs - podcast episode cover

Meet Berachain: a new Layer 1 born from a community built around bear NFTs

Aug 08, 202446 minSeason 6Ep. 49
--:--
--:--
Download Metacast podcast app
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more

Episode description

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

The Block Community

The Block is launching a new community experience for fans of The Scoop! Follow us on Lens to stay in the loop: hey.xyz/u/theblockcommunity

The Block Newsletters

The Block's newsletters bring you the latest news and analysis of the fast-moving crypto and DeFi markets. To subscribe, visit theblock.co/newsletters


For the best experience, listen in Metacast app for iOS or Android