On February 6, 2025, the Berachain blockchain mainnet launched with a massive $632 million airdrop of BERA tokens.
Mainnet Launch and Airdrop
Berachain enters the crypto scene as a next-gen blockchain focused on speed, scalability, and innovation. On February 3, the project's whitepaper was published, and by February 5, the network confirmed the $632 million token airdrop. Key participants, including Baritio users and NFT owners, could claim tokens from February 6.
Airdrop Tokenomics
The initial supply of BERA tokens was 500 million, with 15.8% allocated for the airdrop. Remaining portions were distributed among community programs (13.1%), ecosystem development (20%), and advisors and developers (16.8%). Pre-launch valuations estimated the network at $4 billion.
Success of the Berachain Launch
Berachain defied the trend of disappointing L1 launches, raising approximately $142 million and creating a thriving ecosystem with over 200 dApps. This places it ahead of many existing L1s.
The Berachain mainnet launch and accompanying airdrop were met with significant interest and success, opening up new prospects for users and investors.