In a cryptocurrency market dominated by insider allocations and venture funding, BlockDAG offers an alternative strategy focusing on a fair launch.
Rejection of Venture Capital
BlockDAG sets itself apart from many other projects like Solana and Avalanche by excluding venture capital from its launch strategy. This allows avoiding imbalances between participants and control, which, according to team representatives, contributes to decentralization and supports retail interest.
Supply Model Without Insider Advantages
Cryptocurrency projects often face criticism for unfair token distribution. BlockDAG, on the contrary, launches with zero pre-mining and zero founder allocations, creating equal conditions for all participants. As of today, 23.3 billion BDAG coins have been sold during the presale, totaling $323 million.
User-Managed Infrastructure
BlockDAG is also changing the control over its infrastructure. More than 2 million users are already using the X1 mobile app, which rewards participants for engagement. All validator nodes will be managed by the community, reminiscent of early Bitcoin, where distribution and governance were open from day one.
BlockDAG sets a new standard for cryptocurrency launches, demonstrating that decentralization is not only feasible but beneficial. This approach could serve as a model for future projects striving for fairness and transparency.