Berachain co-founder admitted (https://x.com/Unchained_pod/status/1897069369722573298) that the project sold too many tokens to venture players. According to him, if there was an opportunity to go back, they would have made a different decision.

Many projects often sin by wanting to squeeze the maximum out of investors at the project's inception stage. But without investments, they would not have been able to provide marketing and take the necessary steps in blockchain development.

By the way, something else is interesting here. Perhaps he wants to warn everyone that investors will drain BERA on X? And there can be no questions for the team here?

🚨 “We sold too much to VCs.”

@SmokeytheBera admits Berachain’s team would’ve done things differently if they could go back 😕

But now, their goal is to minimize dilution for the community 🐻 https://t.co/o7SNIqnSzu