The Berachain Foundation has announced a significant $647 million airdrop of BERA tokens, coinciding with the mainnet launch on February 6, 2025.
Airdrop Details
The BERA token airdrop will distribute 79 million coins among Berachain ecosystem participants, including NFT holders and testnet users. The airdrop mainly targets Bong Bears NFT holders and related projects. Tokens will also be distributed to users who participated in Berachain's testnets, Artio and bArtio. Starting February 6, participants will be able to claim their tokens.
BERA Tokenomics
BERA will be a crucial part of the Berachain ecosystem, serving as both a gas token and a network staking token. Token distribution includes 13.1% for community initiatives, 20% for research and development, 16.8% for initial contributors, and 34.3% for investors. Partnership with Binance ensures the distribution of 10 million BERA to BNB holders.
What is Berachain?
Berachain is an Ethereum Virtual Machine (EVM)-identical blockchain with a unique PoL consensus mechanism. Berachain aims to address the 'cold start problem' faced by early blockchains, offering meaningful interactions for users and applications from day one. It has attracted significant attention due to its innovative approach, successfully raising $142 million in two funding rounds.
The launch of Berachain's mainnet and the extensive BERA airdrop signify major advancements in the blockchain industry, highlighting innovation and community support.