The BlockDAG team presented a series of important updates, including an increase in funding and the launch of new mining equipment. Partnerships with well-known sports teams were also established.
Funding Increase
BlockDAG raised $357 million in a presale. These funds will be used to develop a reliable system and expand the project's audience. Trading has not started yet, but the team is actively working on improving functionality.
X10 Miner Launch
On July 27, a demonstration of the new X10 miner was held. The device will increase mining output to 200 BDAG per day with simple Wi-Fi connection and a single tap. Shipping is scheduled to start on August 15.
Sports Partnerships
BlockDAG has partnered with the Seattle Seawolves and Seattle Orcas, allowing users to interact with match content and receive exclusive offers. The partnership with Orcas grants access to a large cricket fan base.
BlockDAG is demonstrating impressive development, with successful funding, new product launches, and growing popularity through sports initiatives.