NEW: Berachain, a Cosmos layer 1, has raised $42m in its Series A round at a $420.69m valuation (announced 4/20). The project says it will launch a public “incentivized” testnet in the coming weeks. 0x_tracy reports
Bong Bears
, which was rapidly gaining traction in the crypto community. In the fall of 2021, OlympusDAO’s OHM token traded at a high of $1,300. . Bong Bears followed in the footsteps of OlympusDAO, creating the first-ever collection of rebasing NFTs, which spawned several new collections – Bond Bears, Boo Bears, Baby Bears, Band Bears and Bit Bears.Smokey says the pivot from Bong Bears NFTs to launching a fully-fledged layer-1 blockchain is not so far-fetched.
“In a lot of cases, liquidity is mercenary,” said Smokey. “The reason why they’re mercenary is that you can’t do much with stake assets, they just sit there.”
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