Friends of the Bear Chain seeing this might have mixed feelings. At least some excellent VC investors I know were very optimistic about Bera, but now it’s a mess.
At that time, a VC friend who invested in Berachain asked me why I wasn't optimistic about Bera. My response was that I felt the mechanism was too complex. As someone who has always stood with retail investors, I believe that overly intricate mechanism design can create a high barrier for retail investors.
Moreover, the high expectations for returns during the pre-launch phase were disappointing, and the long lock-up period completely shattered my last bit of goodwill towards Bera.
Simplicity is key; I hope this wave of Plasma can bring some new innovations.
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