In recent blockchain developments, BlockDAG raised $209M during the presale and set a new goal of $600M. Keynote 3 presentation confirmed current successes and outlined future steps, including the launch of Beta Testnet and Mainnet preparation.
Financial Achievements and Target Fund
BlockDAG has distinguished itself in the crypto market by actively raising capital, gathering $209M, and setting a goal of reaching $600M. The project's leadership is confident that community enthusiasm and a focused approach will lead to these financial successes. The funds are allocated towards enhancing the protocol, conducting security assessments, rewarding validators, and engaging developers. The main goal is to create a functional and technologically advanced architecture.
Beta Testnet Promotion
With the release of the Alpha Testnet, the project demonstrated its reliability, having processed 1.2 million transactions across over 100 nodes. The Beta Testnet brought numerous significant updates, including accelerated transaction processing and improved options for token and NFT creation. Test participants received 10,000 testnet tokens, and the best ones will be awarded $2,000 in BDAG. These initiatives aim to comprehensively test the system.
Mainnet Launch Strategy
As the Mainnet launch, scheduled for the end of the year, approaches, the BlockDAG team is focusing on comprehensive preparation. In the closing remarks of Keynote, Turner noted that the launch would include all necessary tools for validation, smart contract operations, and real integration. The project also aims to be listed on 10 centralized exchanges in the initial months after the Mainnet debut.
BlockDAG is demonstrating significant progress, having raised $209M in presale and activating testing and comparison initiatives with competitors. The main focus is on not only planning but also practical implementation, solidifying their market position. The main task remains the successful launch of the Mainnet and reaching the stated target of $600M.
