The native token LNRA of Linera Community had a lackluster Community Round fundraising: only $152,800 was raised in nearly 4 days after the launch.

BlockBeats News, September 5th. Since the launch of the new public chain Linera's community round public offering by former Libra employees on September 1st at 14:00 UTC, nearly 4 days have passed. As of now, the total amount raised is only $152,824.

Compared to the official maximum fundraising cap of $8 million, the current progress is less than 2%; far from the minimum target of $3.2 million. The market response is tepid, and the community participation is far below expectations. The public offering will continue until September 8th at 14:00 UTC.

On August 16, 2023, Layer1 blockchain Linera completed a $6 million funding round, led by Borderless Capital. The new funds will be used to "expand the team, launch the protocol's mainnet and testnet, cultivate strategic influence in the Asia-Pacific region, and continue developing its developer academy."

On June 29, 2022, Layer1 blockchain Linera announced the completion of a $6 million seed funding round, led by a16z, with participation from Cygni Capital, Kima Ventures, and Tribe Capital, among others. Linera plans to utilize this funding to hire engineers and team members to build the protocol.