The Scoop

Smokey the Bera is the pseudonymous co-founder of Berachain — a Layer 1 network that raised $100 million in a Series B back in April.
In this episode, Chaparro and Smokey discuss how memetics influences community building, and unpack Berachain's innovative 'proof of liquidity' consensus, where users earn governance tokens by contributing liquidity to the ecosystem.
OUTLINE
00:00 Introduction
04:42 Berachain Conception
14:08 Ecosystem 'Politics'
15:58 The Power of Memetics
20:31 Tri-Token Model
27:43 Layer-1 "BD War"
32:39 Smokey's Inspiration
35:02 Aligning Incentives
39:17 Identifying Passion
42:49 Berachain Roadmap
This episode is brought to you by our sponsor Polkadot
Polkadot is the blockspace ecosystem for boundless innovation. To discover more head to polkadot.network
The Block Community
The Block is launching a new community experience for fans of The Scoop! Follow us on Lens to stay in the loop: hey.xyz/u/theblockcommunity
The Block Newsletters
The Block's newsletters bring you the latest news and analysis of the fast-moving crypto and DeFi markets. To subscribe, visit theblock.co/newsletters

Show Notes

Smokey the Bera is the pseudonymous co-founder of Berachain — a Layer 1 network that raised $100 million in a Series B back in April.

In this episode, Chaparro and Smokey discuss how memetics influences community building, and unpack Berachain's innovative 'proof of liquidity' consensus, where users earn governance tokens by contributing liquidity to the ecosystem.

OUTLINE

00:00 Introduction

04:42 Berachain Conception

14:08 Ecosystem 'Politics'

15:58 The Power of Memetics

20:31 Tri-Token Model

27:43 Layer-1 "BD War"

32:39 Smokey's Inspiration

35:02 Aligning Incentives

39:17 Identifying Passion

42:49 Berachain Roadmap

This episode is brought to you by our sponsor Polkadot

Polkadot is the blockspace ecosystem for boundless innovation. To discover more head to polkadot.network

The Block Community

The Block is launching a new community experience for fans of The Scoop! Follow us on Lens to stay in the loop: hey.xyz/u/theblockcommunity

The Block Newsletters

The Block's newsletters bring you the latest news and analysis of the fast-moving crypto and DeFi markets. To subscribe, visit theblock.co/newsletters


What is The Scoop?

Welcome to The Scoop, The Block's flagship podcast covering finance and technology industries through unmatched interviews with top thought leaders, cultural icons and industry veterans. The Block’s Frank Chaparro hosts new guests every week, diving into breaking news and topics ranging from NFTs, to the impact of DeFi on Wall Street, to Bitcoin's role in the economy and beyond.