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BlockDAG Raises $302 Million Without VC Backing

BlockDAG Raises $302 Million Without VC Backing

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by Giorgi Kostiuk

10 hours ago


The BlockDAG project proves that success in the crypto world is possible without venture capitalists and privileges for the chosen few. Over $302 million was raised thanks to public support.

Rejection of Venture Capital Model

BlockDAG stands out for raising funds exclusively from the public, without hedge funds or private rounds. The project adheres to the principle of full transparency, giving all participants equal terms.

Comparison with Ethereum and Solana

Ethereum and Solana relied on early investors and venture capital, creating unequal opportunities for regular buyers. BlockDAG focuses on community, providing equal terms for its participants.

Path to the Future and Community Support

Currently, BlockDAG has over 1.5 million active users on the X1 app, which confirms its mass appeal. This is a project built by and for everyday users.

BlockDAG demonstrates how it is possible to develop a project focused on community needs while eliminating the influence of venture capital. This creates a new level of trust and genuine user engagement.

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