The Berachain Foundation has announced a major $647 million airdrop of its BERA cryptocurrency, coinciding with the mainnet launch in February 2025.
Airdrop Details
The BERA token airdrop marks a significant moment for the Berachain ecosystem, distributing 79 million tokens to participants. As of writing, BERA is priced at about $8.2 per token. Eligible recipients include testnet users, NFT holders, and community members. Special focus is on NFT projects like Bong Bears. Additionally, over 8.2 million BERA will be allocated to users involved in the testnets Artio and bArtio. Token claiming starts on February 6, 2025, with additional opportunities beginning on February 10.
BERA Tokenomics
BERA serves as the gas token for transactions and a staking token to secure the network. Its tokenomics allocate 13.1% of the total supply to community initiatives, 20% to research and development, 16.8% to initial core contributors, and 34.3% to investors. An additional 1.25 million tokens will be distributed to active social platform users. Berachain is also partnering with Binance to distribute 10 million BERA to Binance Coin holders.
About Berachain
Berachain is an Ethereum Virtual Machine (EVM)-identical blockchain integrating a unique PoL consensus mechanism, enhancing network security and scalability. The mainnet launch aims to address the 'cold start problem,' offering interactions for users and applications from day one. The network has garnered attention in the crypto community for its innovative approach and technical support from early funding rounds, raising $142 million.
The BERA token airdrop signifies a pivotal milestone for Berachain, recognizing community efforts and promoting ecosystem growth. Its innovative approach and early funding support draw significant attention to this landmark event.
