BlockDAG continues to gain momentum, attracting significant investments as part of its strategy centered on Proof-of-Work. In this context, the project has successfully raised $371 million.
Hybrid Model of BlockDAG and Attracted Capital
The hybrid structure of BlockDAG combining DAG and PoW is catching the attention of small and large mining operations. These investors are securing their involvement in the project before mining rewards begin.
Strategic Timing to Mitigate Risks
Experienced miners understand the importance of early involvement in a project to reduce the risk of block reward declines and increased mining difficulty. Blocks in the installment plan will allow profits to be secured as prices rise post-launch.
Sustainability and Industry Interest in the Project
The capital used to fund BlockDAG is characterized as sustainable, backed by experienced players in the mining field. This creates confidence in the project and attracts interest from retail buyers.
The success of BlockDAG's presale not only reflects high interest but also a strategic approach to engaging miners, which could strengthen the project against the backdrop of the growing cryptocurrency market.
