The Scoop podcast

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

08/08/2024
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46:43
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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 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

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