ATC quote · Jun 25, 2025 · 1:12:06
“It was... It... I won't get into too many... Too much of the the the details with it, but, like, I I don't... I'm sure you probably know this, but but the proof of liquidity model that they used…”
Chai @chai_lens
From All Things Crypto: Fannie & Freddie Meet Crypto, Jun 25, 2025 · Episode page

In context
1:11:48 Dave @DCBK2LA: I was gonna say, Barachain has been like... Yeah. Barachain has been like the biggest disappointment. Like, every founder I talked to, everybody is like, yeah. I'm like, what... You know, what's the one token that, like, you you know, know, you wish... You know, you you kinda were wrong on, and they're like, Verachain. And I feel like the hype is there for Verachain, but no more.
1:12:06 Chai @chai_lens: It was... It... I won't get into too many... Too much of the the the details with it, but, like, I I don't... I'm sure you probably know this, but but the proof of liquidity model that they used just... It requires liquidity. In order for the Ponzi that is bear chain to work, and it's a good Ponzi, they need volume. And they launched during a market that just didn't have EVM volume. And it wasn't attractive enough…
1:13:10 Dave @DCBK2LA: So anything the ones... And and, you know, weren't they the ones that... Didn't they they sell, like, thousand dollar NFTs or... No. One... Didn't they sell NFTs for, like, 1 East? Like, what what
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