Be an early participant in the Berachain opportunity.
Berachain
Progress mission: 0 of 12
Rewards
Rewards
TBA
Past rewards
$1,100 $16,300
Details
Minimal cost
Free
Time required
5 min.
Category
Testnet
Rating
5/10
Risk
Low
BeraChain launched its testnet on the 11th of January, 2024. Current participants can be considered early adopters. Additionally, BeraChain might reward testnet users with tokens after it goes to mainnet as it is a L1.
BeraChain is promising because they've raised a large $42 million and have a strong social media presence, even without a live product. But, there are still many unknown factors, like the team being anonymous so it's important to wait and be cautious.
Pros & Cons
Why is it worth it?
Robust Funding
Raised $211 million from top investors, boosting project stability and airdrop potential.
Strong Community
A solid Twitter following of 1M indicates growing popularity and adoption.
Need for Token
As a L1, BeraChain needs its own token, making participation more worthwhile.
LayerZero Integration
As per this Tweet, LayerZero will be live on BeraChain, boosting its legitimacy.
Risks to consider
Airdrop Uncertainty
No confirmed promise of a Berachain Airdrop, leaving potential rewards in question.
Anonymous Founders
Lack of founder transparency could affect trust and project longevity.
Investment Trade-off
Time spent on Berachain might have alternative uses in more certain or high-return crypto opportunities.
How to participate?
Every opportunity has its own rules. Following these closely can significantly increase your chances of qualifying for rewards. Here’s a list of recommendations from our team to help maximise your chances of benefiting from this opportunity.
- Participate in the Testnet: Participate in missions related to the BeraChain testnet. It might be beneficial as it is a L1, which will need its own token when it goes to mainnet.
- Repetition: Try to regularly participate in the BeraChain tasks as it may be possible, that they will distribute the airdrop according to the amount of smart contract interactions.