BlockDAG is becoming one of the talked-about crypto platforms with its 10 BTC auction and increasing user interest.
Overview of the Auction and Project Goals
BlockDAG has raised $365.5 million and is now targeting $600 million. As part of this release, users can participate in an auction where 10 BTC will be distributed, worth over $1.14 million at today's prices. To participate, users must purchase BDAG tokens before August 11. The prize size will depend on the purchase volume: larger buys equate to larger shares of the prize pool.
Technological Achievements of BlockDAG
The BlockDAG system operates on a mix of DAG and Proof-of-Work, supported by over 18,000 ASIC miners. This enables it to process up to 10 blocks per second and scale to 15,000 TPS. Mobile applications and a demo trading platform are available, allowing users to familiarize themselves with the system's functionality.
Growth Prospects and User Engagement
With increasing interest in BDAG, users are discussing potential returns from purchasing tokens. Analysts suggest the price could reach $1 within the first year. The auction has attracted over 200,000 token holders, and many will continue to monitor developments in the blockchain and the opportunities it offers.
The 10 BTC auction is a significant step for BlockDAG, demonstrating not only user interest but also real technologies that could lead to noticeable project growth in the future.
