Berachain Co-founder: Regrets selling too many tokens to VCs; currently working on buying back supply from that seed round and subsequent rounds.

BlockBeats News, March 5th, Berachain's anonymous co-founder Smokey the Bera said in an interview with UnChained: "I don't think the criticism is completely unfounded. If I could start over and the team could start from scratch, we might not have sold so much supply to venture capital firms. In fact, most of the supply was sold in the early 2022 seed round. At that time, we thought it might be an interesting move, but we didn't expect it to grow to the scale it is now. So I think this criticism is valid. In fact, over time, we have been working hard to buy back the portion of the seed round and subsequent rounds' supply, so that we can minimize the dilution experienced by the community as much as possible."