Berachain is launching its Bera Builds Businesses initiative, aimed at fostering applications that can thrive independently of the volatile crypto market. The source notes that this strategic move is designed to bolster the ecosystem by focusing on revenue-generating projects.
Targeting High-Potential Applications
The initiative will specifically target 35 applications that exhibit strong revenue potential and minimal reliance on cryptocurrency market fluctuations. By doing so, Berachain aims to cultivate a self-sustaining demand for its BERA token through profitable business ventures.
Shifting Success Metrics
Success metrics for the initiative will prioritize fee generation and user retention, shifting the focus away from traditional metrics like Total Value Locked (TVL). This approach reflects a growing trend in the crypto space, where sustainable business models are becoming increasingly important for long-term viability.
In a recent development, the Kaito team addressed community concerns regarding a significant transfer and the negative funding rate on Binance. For more details, see their official statement here.
