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BlockDAG: A Breakthrough in Layer-1 Blockchain Launches with $371M Funding

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by Giorgi Kostiuk

18 hours ago


BlockDAG is a new Layer-1 project that stands out by launching with 300+ applications and significant funding.

Early Development Before Mainnet Activation

BlockDAG began building its application layer ahead of the mainnet activation, leading to a rare situation where the network will open with live dApps. Development spans various areas including DeFi, NFT, gaming solutions, and digital identity systems.

Tools and Incentives Driving Builder Adoption

A major draw for developers is the low-code and no-code contract creation tools, allowing those with limited technical knowledge to develop and launch projects.

BlockDAG’s Funding and Ecosystem Strength

BlockDAG raised over $371 million in its presale, providing the resources needed to create a powerful ecosystem. This will help avoid the slowdown often faced by many blockchains post-launch.

If the transition from presale to mainnet meets expectations, BlockDAG could set a standard for how future blockchains approach their initial launch strategy, starting with a functioning, engaged ecosystem.

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