BlockDAG, a new cryptocurrency project, is drawing attention with its unique approach and growth-oriented goals.
Hybrid Infrastructure and Real Deployment
BlockDAG has launched its testnet, allowing developers to test smart contracts and build dApps. Its combination of DAG technology for high throughput and Proof-of-Work consensus provides competitive advantages. The system can process up to 15,000 transactions per second, especially relevant as real use cases begin.
Ambitious $600 Million Goal and Grant Programs
BlockDAG has raised $320.5 million and aims for a $600 million target. These funds are planned for liquidity support and backing projects built on its blockchain. The grant program for developers and ongoing hackathons reflect a genuine aim to develop an ecosystem of over 1,000 dApps by 2026.
Ecosystem and Mobile Solutions
With over 2 million users downloading the X1 app, which allows users to mine BDAG by turning social activity into rewards, it lowers barriers for newcomers and creates a playful atmosphere in the mining world.
BlockDAG showcases strong indicators through technology integration and real community engagement, which may pave its way to achieving $1.
