BlockDAG presents a unique approach to cryptocurrency launch that changes the traditional order of creating demand and supply.
Creating Demand Before Market Trading
From a technical standpoint, BlockDAG employs a strategy where over 2 million people are already using the X1 mining app to earn BDAG points. At the same time, over 18,100 ASIC miners have been sold, but no coins are being traded yet. This creates a unique situation: demand is rising while supply remains locked.
Advantages for Early Supporters
BlockDAG is changing the traditional approach to launching cryptocurrencies by ensuring demand before BDAG starts trading. Early users have begun their participation before trading begins. This gives them an advantage as there are no coins in circulation, which eliminates the risk of quick selling. Once trading starts, high activity is expected.
BlockDAG Launch Schedule
The BlockDAG launch has a clear timeline:
- Week 6: Presale ends, points convert to BDAG, and wallets migrate. - Week 4: Mainnet and ASIC miners go live. - Week 3: Launch of mining pools and validator nodes. - Week 2: 40% of presale coins will be airdropped, DEX and lending systems start. - Week 1: Public trading of BDAG begins.
All stages are carefully planned, ensuring a solid foundation for a successful launch.
The BlockDAG strategy has the potential to significantly change the cryptocurrency market. With a focus on creating demand before trading starts, the project is gearing up for a high-risk, but potentially rewarding launch that could benefit its early supporters.