Framework Ventures co-founder: Berachain mainnet will be launched before the end of the year, or challenge Solana and Ethereum's dominance
On September 18, Vance Spencer, co-founder of Framework Ventures, stated at the Singapore Token 2049 that the Berachain mainnet and token plan will be launched by the end of 2024.
The POL consensus mechanism of Berachain can introduce a fully aligned blockchain ecosystem by transferring a portion of the profits back to the ecosystem participants: "When users stake BERA, they must direct the obtained liquidity to these primitives. In this way, all fees remain within the ecosystem. They all flow to BGT and BERA holders, which is what the market is craving."
It is worth noting that on April 12, the new public chain Berachain announced the completion of a $100 million Series B funding round, which is about 45% higher than the previously reported amount. This round of financing was jointly led by the Abu Dhabi subsidiary of Brevan Howard Digital and Framework Ventures, with Polychain Capital, Hack VC, and Tribe Capital among the investors.
