Event JSON
{
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"kind": 1,
"tags": [
[
"r",
"https://crypto.news/berachain-launch-airdrop-controversy-insider-trading/"
],
[
"subject",
"Berachain faces backlash over airdrop controversy and insider dumping concerns"
],
[
"published_at",
"1739250798"
],
[
"image",
"https://crypto.news/app/uploads/2024/09/crypto-news-crypto-airdrop-optio21.webp"
],
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"wss://articles.layer3.news"
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[
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],
[
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],
[
"summary",
"Berachain launched its mainnet on February 6, introducing a new 'Proof of Liquidity' mechanism and one of the largest airdrops of the year. The project's origins date back to a cannabis-themed NFT collection. Major exchanges listed BERA, fueling excitement. However, concerns over tokenomics, insider trading, and airdrop allocations have overshadowed the initial hype. Users who participated in the testnet expressed disappointment with the airdrop, and analysts uncovered issues with the token's structure, which benefits early investors and insiders."
]
],
"content": "nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqfupvkfgd5pazlt7lr0zqhmsnvrd87xmgwec5y356qnctzdmkvz9qjj8vg8\nhttps://crypto.news/app/uploads/2024/09/crypto-news-crypto-airdrop-optio21.webp\nBerachain’s “Proof of Liquidity” model is under fire as early investors cash out, triggering a 63% price drop from its launch high. Berachain (BERA), the highly anticipated layer-1 blockchain, officially launched its mainnet on Feb. 6, introducing an ambitious “Proof…\nhttps://crypto.news/berachain-launch-airdrop-controversy-insider-trading/",
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}
