Episode Details
Title | Crypto's Next Layer 1 With Smokey The Bera | 1000x |
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Date | 7/5/2024 |
Podcast | 1000X ↗ |
Key Insights
Bullish:
- 🟢 $BARA - Discussing the potential of Bear Chain's ecosystem, technology, and proof of liquidity.
- “I think that if you, you know, go and hit up a 100 different teams and, you know, 10 of them are half decent, then again, out of those, maybe there's a chance that 1 of them turns into a unicorn app.” - Smokey (0:00)
- “You guys remind me a lot of link, to be honest... backed up with, you know, some somewhat real tech.” - Avi (0:00)
- “I think that success looks like bear chain being the ecosystem where people go to see cool new things being built.” - Smokey (0:00)
- “I think that, like, proof of liquidity feels tangible. It feels like something where it's not just like, hey. We're gonna give you this grant and, like, please stay with us for a few months. It's, hey. There's a way that you guys can actually be effectively enshrined into the block creation slash block rewards process on the chain.” - Smokey (0:00)
- “I think that what we have that's pretty interesting, from a tech point of view really quickly is that, like, Baruchan is actually the first completely EVM identical l 1.” - Smokey (0:00)
- “I think that, like, having, seen some of these, like, you know, just grow their business development relationships mature over the last couple years. I think that period of, like, trauma bonding was also kind of important.” - Smokey (0:00)
- “I think that, like, you know, on bear chain, you go and you you LP and whatever want, use whatever protocol you want. And if that protocol happens to be 1 of the ones that is white listed or that is receiving emissions from, you know, from the the protocol slash the chain itself, then, you know, you're getting whatever rewards that you normally would get, but you're also getting this additional upside in in the government's token or slash the emissions token of the chain.” - Smokey (0:00)🔒
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