crypto

an L1 riding 2021 defi hype that still hasn't reached mainnet after more than 2 years is raising $100m series B

VCs delusional or am i missing something?

an L1 riding 2021 defi hype that still hasn't reached mainnet after more than 2 years is raising $100m series B

VCs delusional or am i missing something? 

https://x.com/berachain/status/1778776306915668436

cypherpunk wannabe, engineer working on @frames /open-frames /opencast
https://stephancill.co.za create stories at https://stories.steer.fun

if it looks like laundering and walks like laundering

bera is a high profile meme and ig VCs want to get into the memecoin meta but with a more established project

I think you're right. Looks like a classic case of founders who don't understand the tech giving pitches to VCs who don't understand the space.

no one gives a shit. 

VC invest -> Pay influencer to shill -> force narrative -> lauch at 1B with 60% supply to team -> dump on buyers for 100X. Chill.

Study VC investment.

i've heard they have a cult like community. maybe on that basis.