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BlockDAG Raises $318.5 Million: Project Progress Details

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by Giorgi Kostiuk

6 hours ago


BlockDAG attracts investor and user interest, having raised $318.5 million. The project is actively promoting ahead of its Q4 2025 launch.

Technical Features of BlockDAG

BlockDAG utilizes Directed Acyclic Graph (DAG) for high transaction speed and incorporates a Proof-of-Work (PoW) mechanism for security. These features allow the system to handle up to 15,000 transactions per second without centralized control. It also supports Ethereum tools via EVM, making it easier for developers to transition.

Project Launch Plan

The BlockDAG launch is planned in several stages over six weeks: closing the presale, launching the mainnet with ASIC miners, listing on 20 exchanges, and launching DeFi features. Each of these steps aims to ensure system readiness before hitting public markets.

Mining Dynamics and User Interest

The X1 mining app has attracted over 2 million users, allowing them to mine BDAG through a Proof-of-Engagement system. More than 18,000 ASIC miners designed for the DAG + PoW protocol are expected to be sold before the mainnet launch.

BlockDAG demonstrates significant interest from users and investors, which may lead to a successful project launch by the end of 2025. The transparent plan and active system development lay the groundwork for success.

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