Layer1 blockchain Linera community round financing did not reach the target of 1.5 million USD, all subscriptions will be refunded

Layer1 blockchain Linera posted on X that the LNRA community round commitment period has ended, failing to reach the minimum target of 1.5 million USDC. A total of 617 participants from 69 countries committed a total of 848,271 USDC.

The related website will be updated soon to begin processing refunds, which will be returned to the same wallet used at the time of commitment. An announcement will be made once the refund process is live, and further updates will be released after the refund period ends.