Berachain is launching its mainnet, raising over $140 million before its debut, sparking questions about the need for substantial funding. Framework's Michael Anderson highlights Berachain's innovative consensus mechanism called Proof of Liquidity, enabling network validators to allocate block rewards to specific applications, challenging conventional blockchain-app dynamics. MV Global’s Tom Dunleavy argues for smaller funding targets of around $10 million, claiming that high valuations create unrealistic expectations for future performance. However, Pantera's Mason Nystrom counters this, emphasizing that larger raises are warranted due to competition, the high cost of talent, and the immense potential of successful blockchain networks which could be worth hundreds of billions to trillions. Overall, while large capital raises are not commonplace, successful projects may increasingly pursue them to remain competitive and seize opportunities in the rapidly evolving crypto landscape.

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