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Blockchain Project BlockDAG and Its Transparent Strategy

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by Giorgi Kostiuk

4 hours ago


BlockDAG, a project that has raised over $317 million, has presented an open letter from its CEO, notable for its clarity and direction.

Clear Project Launch Plan

The CEO's open letter outlined a six-week launch plan with specific milestones:

* Week 6: Presale closes, X1 and TAP points convert to BDAG, wallet migration and staking begin. * Week 4: Mainnet goes live and ASIC miners begin operating. * Week 3: Community nodes and mining pools go online, pushing toward decentralization. * Week 2: 40% of presale tokens are airdropped, DEX, bridge, lending, and oracle tools are deployed. * Listing Month: Launch begins with one major exchange, followed by nine more listings.

Transparency as the Foundation of Trust

The CEO of BlockDAG emphasized the value of transparency in earning trust. The choice to avoid venture capital enables a focus on the community rather than private backers, resonating well with buyers. The project currently has nearly 200,000 holders and over 18,000 miners sold.

Strategy Focused on Long-term Results

While BlockDAG is not the first project to blend Proof-of-Work security with DAG scalability, it sets itself apart with the public testnet and no-code tools. The emphasis is on tools, participation, and adhering to a disciplined launch timeline. Key strengths of the project are:

* Proven PoW security. * Ethereum-compatible infrastructure. * Scalability up to 15,000 TPS. * Over 2 million mobile users already mining.

With BlockDAG's approach not relying on hype and focusing on delivering long-term results without empty promises, the market receives a fresh perspective on blockchain project launches.

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