The new BlockDAG project in the cryptocurrency space has garnered attention by raising over $329 million. Amidst the absence of venture funding and in a volatile market, this figure becomes a landmark event.
BlockDAG Outpaces Giants Without Venture Capital
The BlockDAG project has set a record by raising $329 million, surpassing previous achievements of Filecoin and Tezos, which each raised over $230 million in 2017. The excitement surrounding BlockDAG has emerged without the support of venture investors, underscoring its strong backing among everyday users.
The BDAG Ecosystem Is Already Active
BlockDAG is not just a token sale; it is an active ecosystem. For instance, the X1 Miner app already has over 2 million users mining BDAG on their smartphones. Additionally, more than 18,250 ASIC miners have been sold, indicating serious preparation by participants to support the network long-term. These actions demonstrate real applications of the technology and growing user interest.
Current State and Future of BlockDAG
BlockDAG is making strides in major sponsorships, such as with the Seattle Seawolves and Seattle Orcas, establishing itself as a notable player in US professional sports. Further announcements regarding major sponsorship deals are expected, which could bring increased visibility to the project. Thus, BlockDAG is not just launching; it is aiming for global expansion.
BlockDAG has positioned itself as an important player in the crypto industry, already transitioning its ecosystem into an active state. Its growth and recognition among the community ensure its future as one of the leading projects in this sphere.
