Berachain Foundation is an EVM-identical Layer 1 blockchain built around Proof of Liquidity, with BeaconKit serving as the modular consensus framework powering the network. It was founded by four pseudonymous founders: Smokey the Bera, Papa Bear, Homme Bera, and Dev Bear, and is based in Canada. With 861,579 followers and 1,341 posts, Berachain Foundation's TwitterScore is 410 out of 1000.
Berachain Foundation uses BERA as its native gas and staking token, with a total supply at genesis of 500,000,000 BERA and approximately 5% annual inflation through Proof of Liquidity reward emissions subject to governance. The genesis supply allocation includes 171,500,000 BERA for Seed, Series A, and Series B investors, 84,000,000 BERA for initial core contributors, and 244,500,000 BERA for community allocations. The ecosystem also includes BGT as the governance token and HONEY as a stablecoin.
Berachain Foundation disclosed a $42 million Series A at a $420.69 million valuation, led by Polychain Capital and including Hack VC, dao5, Tribe Capital, Shima Capital, CitizenX, and Robot Ventures, as reported by CoinDesk. ICO Drops lists a $100,000,000 Series B private round dated Apr 12, 2024, with investors including Brevan Howard Digital, Framework Ventures, and Polychain Capital, as well as a $69,000,000 private funding round dated Mar 15, 2024, with a $1.5 billion pre-valuation and Brevan Howard and Framework Ventures shown as investors. ICO Drops lists the TGE and distribution as launched on Feb 6, 2025.
Berachain Foundation's origins trace back to the Bong Bears NFT collection, launched in August 2021 by three of the four pseudonymous co-founders, as reported by CoinDesk. It is affiliated with Big Bera Labs as core contributors. ICO Drops identifies the project as an own-blockchain token project and tags it in the Cosmos Ecosystem, Modular Blockchain, Blockchain, and Blockchain Service categories.
Smart Followers
The accounts that follow Berachain Foundation include 1,267 founders, 255 angel investors, 1,344 influencers and 102 VCs, among them Toly, Laura Shin, Ansem, Stani, Andrew Kang and Zhu Su. Berachain Foundation has been mentioned by 1,820 accounts across 8,181 mentions.