The BlockDAG presale has achieved a new record, raising $375 million during its preliminary sale, highlighting a high level of interest and support. The project features a combination of technologies that make it attractive to both developers and users.
Achievements and Features of BlockDAG
BlockDAG utilizes a hybrid DAG + Proof-of-Work model, merging the scalability of Directed Acyclic Graphs with the security of PoW. The system is EVM-compatible, allowing easy migration of Ethereum-based applications. Currently, over 4,500 developers are building 300+ dApps, more than 19,000 ASIC miners have been sold, and over 2.5 million users are registered on the X1 mining app.
Market Context and Competitive Advantages
The last time the market saw fundraising at the level of $375 million was during the early days of Ethereum and Filecoin. Prior presale results often capped around $50-100 million. BlockDAG stands out among competitors due to its ability to attract users and developers, providing an ideal foundation for a successful mainnet launch.
Future Prospects of BlockDAG Post-Presale
With robust infrastructure backing and active developer engagement, BlockDAG shows clear potential for success. Analysts are forecasting a token price rise to $1 post-listing, indicating a 36-fold increase from the current price. The active involvement of large investors and global partnerships, including sponsorships with Inter Milan, Seattle Seawolves, and Seattle Orcas, add confidence to the project’s future.
BlockDAG is not only setting records in fundraising but also demonstrates genuine interest and support from users and developers. The success of its presale at $375 million indicates a high potential for the project moving forward.
