BlockDAG continues to demonstrate success in the cryptocurrency space, having raised over $309.5 million during its presale while ensuring active user participation in mining.
Financial Results and User Activity
BlockDAG has successfully raised $309.5 million without seeking venture capital funding. The project focused on retail traders and active miners, attracting 2 million users to its X1 mobile mining app, highlighting real interest in the project before the coin's market debut.
Mining Equipment Delivery
Delivery plans for mining equipment have now been confirmed: X30 and X100 miners will start shipping on July 7, with X10 models following on August 15. This offers users of varying levels access to mining hardware, starting from a simple app download to physical miners.
Open Sale Strategy and Trust in the Project
BlockDAG avoided institutional investment by focusing on public sales. All funds were raised through open public sales at fixed prices, creating trust in the project and reducing the risk of sharp market price fluctuations. This sets BlockDAG apart from many other projects.
BlockDAG is demonstrating its ability to grow and attract users, indicating sustained interest in the project. With upcoming equipment deliveries and operating miners, BlockDAG continues to establish itself as a leader among new cryptocurrencies.
