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BlockDAG: Raising $208M Without Venture Capital

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by Giorgi Kostiuk

3 days ago


BlockDAG has recently captured significant attention through its successful presale, strong technological foundation, and integration of cutting-edge tools for users.

The Success of BlockDAG's Presale

BlockDAG managed to raise over $208 million in less than 10 months without venture capital. According to CEO Antony Turner, these investments will fuel the creation of a valuable and sustainable ecosystem. The project has already established partnerships with brands like Inter Milan and UFC, aiming for long-term growth rather than quick wins.

This isn’t just capital—it’s fuel.Antony Turner

Technological Innovations of BlockDAG

The strength of BlockDAG lies in its technology. The company employs a hybrid system combining fast DAG and secure Proof-of-Work. CTO Jeremy Harkness notes that this allows for numerous transactions to occur simultaneously at lower costs. Beta Testnet V1 is already live, featuring enhanced transaction tools and token creation without coding.

We’re mixing the best features of two systems to create something faster and safer.Jeremy Harkness

Main Goals for BlockDAG's Launch

Upon mainnet launch, BlockDAG will offer transactions with a throughput of 2,000 TPS, full EVM compatibility, DeFi features, and governance tools. The project aims to support over 1,000 decentralized applications by 2026. BlockDAG also takes comprehensive security measures, engaging independent auditing firms like Certik and Halborn.

Security isn’t a separate module—it’s built into the entire system.Dr. Youssef Khaoulaj

BlockDAG is on a path to becoming a full-fledged platform, combining hybrid technologies, user-friendliness, and security. The company proves that promises can be fulfilled through clear strategy and focused efforts.

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