Linera, once one of the “Move Three Musketeers,” alongside Aptos and Sui, was on par in reputation, with teams all coming from Meta and backed by top institutions such as a16z.

For all the brilliance of the big guys, Linera ultimately didn’t manage to keep up. Now, Linera has chosen to raise public funds via SONAR. It seems the funding has already nearly run out, casting a shadow over the prospects for token airdrops.

If it had gone live around the time of $APT and $SUI , Linera would likely have been included in the “big-M” lineup. But now, retail investors no longer buy into VC narratives. The institutional money that came in during the bull market probably just wants to break even. As for the community airdrop—let fate decide!