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BlockDAG: $209M Funding and Beta Testnet Launch

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by Giorgi Kostiuk

2 days ago


BlockDAG's keynote announced $209 million fundraising, beta testnet launch, and mainnet development progress.

Funding and Global Expansion

BlockDAG has raised $209 million through community support, highlighting its unique approach of growing without venture capital. The funds are dedicated to enhancing core network protocols and expanding the international team.

Beta Testnet Launch and Incentive Program

BlockDAG introduces a modern hybrid consensus architecture combining PoW security and DAG scalability. The Beta Testnet V1 is launched, offering enhanced capacity, tools, and a $60,000 incentive campaign.

BlockDAG Academy and Developer Support

BlockDAG launches its Academy focusing on blockchain education at various levels. New initiatives include grants and hackathons with prizes, fostering developer engagement.

BlockDAG showcases strong progress with community support, innovative technical solutions, and a development strategy aimed at industry leadership.

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