The new project BlockDAG has gained attention by raising over $329.5 million in its presale, marking a significant event in the crypto industry.
How BlockDAG Outpaced Crypto Giants Without VC Backing
BlockDAG has raised over $329.5 million, placing it at the top of the most successful presales since 2017.
Financial results:
* Filecoin (2017): $233 million * Tezos (2017): $232 million * Polkadot (early round): $145 million * BlockDAG (2025): $329.5 million and counting.
BlockDAG distinguishes itself from predecessors by having no venture capital backing. Over 200,000 people already own BDAG, indicating growing interest in the project.
Live Ecosystem and Active Utility of BlockDAG
BlockDAG demonstrates real utility through active products, such as:
* X1 Miner App: over 2 million downloads, where users earn BDAG through a Proof-of-Engagement system. * ASIC Miner Adoption: more than 18,250 mining units sold. * $150 Million 'Buyer Battles': a gamified presale layer where users can compete and grow the ecosystem.
These initiatives combine to increase awareness and usage, leading to an expanding user base.
BDAG Represents a Larger Shift for Layer 1 Projects
The structure of BDAG represents an integration of different elements: user tools, dApp development platforms, and mobile mining infrastructure.
Importantly, the project has no venture capital-imposed restrictions, ensuring more balanced governance. BlockDAG showcases the potential to simultaneously raise funds, develop utility, and expand the community before hitting exchanges.
With over $329.5 million raised, BlockDAG has become a significant player in the crypto industry, demonstrating a unique model that combines active fundraising with ecosystem development and international expansion.
