Berachain Listing Date: Here Are the Details
2025-02-07![Berachain Listing Date: Here Are the Details](https://static.bitrue.com/bitrue-cms/upload/Berachain_Listing_Date_Here_Are_the_Details_2c36eeebed.png)
Berachain has reportedly announced the official schedule for listing the BERA token on exchanges and distributing free tokens (airdrop).
The Berachain Foundation plans to distribute a total reward of $632 million, a move expected to attract significant interest from investors and the crypto community, particularly regarding the initial price of the BERA token.
Here’s the full report.
What is Berachain?
Berachain is a highly flexible blockchain network capable of running the same applications as Ethereum (Ethereum Virtual Machine). Berachain utilizes a unique voting system called "Proof of Liquidity" to secure the network.
Built with advanced Polaris and CometBFT technology, Berachain aims to unite validators and projects built on top of it. The project has successfully raised $42 million from prominent investors such as Polychain Capital and dao5.
Berachain Airdrop
Berachain invites the community to participate in the launch of the BERA token. Before the official launch on February 6, 2025, users can take part in various activities on the testnet to gain the opportunity to receive free tokens on Berachain airdrop event.
Read Also: MegaETH ICO Launch: How Its Soulbound NFT Mint Will Redefine Blockchain Scalability
Berachain Launches Mainnet
According to Coingape, this new blockchain network has confirmed the launch of its Ethereum-compatible mainnet while also distributing BERA tokens to eligible users. A total of 80 million tokens, valued at hundreds of millions of dollars, will be distributed to active users within the Berachain ecosystem.
Berachain Token Distribution ($BERA)
- Total Genesis Supply: 500,000,000 $BERA
- Future Community Initiatives: 65,500,000 (13.1%)
- Community Allocation (48.9%): 244,500,000 BERA
- Airdrop: 79,000,000 (15.8%)
- Ecosystem & R&D: 100,000,000 (20%)
- Initial Core Contributors: 84,000,000 (16.8%)
- Investors: 171,500,000 (34.3%)
Berachain Tokenomics
At the initial phase of the BERA project launch, there will be a total circulation of 500 million BERA tokens. Of this amount, 15.8% will be distributed for free (airdrop) to holders of Bong Bears NFTs and related collections.
The remaining supply will be allocated for various purposes, including community development (13.1%), research and development (20%), and rewards for advisors and developers (16.8%).
Berachain Eligibility
According to the Berachain blog, here are the categories, criteria, and allocations for Berachain, clearly outlined below:
What is the Initial Listing Price of the BERA Token?
According to Coingape, besides being distributed for free through the airdrop, the BERA token will soon be available on crypto exchanges. As the primary currency within the Berachain network, the BERA token serves multiple essential functions, including transaction fee payments and proof of digital asset ownership.
While no official price has been announced, market data indicates that the BERA token is expected to trade around $8.030 upon its initial listing. However, this price is subject to change due to the dynamic nature of market conditions.
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FAQ
What is Berachain?
Berachain is a highly flexible blockchain network capable of running the same applications as Ethereum (Ethereum Virtual Machine).
Berachain Launches Mainnet
This new blockchain network has confirmed the launch of its Ethereum-compatible mainnet while also distributing BERA tokens to eligible users.
What is the Initial Listing Price of the BERA Token?
Besides being distributed for free through the airdrop, the BERA token will soon be available on crypto exchanges.
Disclaimer: The content of this article does not constitute financial or investment advice.
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