BlockDAG's X1 App has surpassed 2 million verified users, indicating real-world use of technologies in the Web3 sphere and potentially shifting the power dynamics among crypto projects.
BlockDAG Achievement: 2 Million Users
BlockDAG's X1 App, mobile-focused and utilizing Proof-of-Engagement (PoE), has reached an impressive milestone of 2 million users. This event highlights genuine interest in Web3 applications that provide users with accessible and intuitive ways to interact with cryptographic technologies.
Outlook for Bittensor (TAO) and Dogecoin (DOGE)
Bittensor (TAO) is also seeing an increase in interest, supported by significant investments and growing corporate confidence. Meanwhile, Dogecoin (DOGE) continues to be popular due to its social media orientation and low cost, yet it lacks a clear roadmap and structural development for long-term success.
Analysis of BlockDAG’s Success and Future
The success of BlockDAG has been aided by the ability for low-power mining on smartphones and various user engagement mechanics. Reaching 2 million users places BlockDAG ahead of many competitors still struggling with adoption and growth.
As competition in the Web3 sector intensifies, BlockDAG's success with its X1 mobile app underscores that real user engagement is becoming a crucial criterion for future projects. Like BlockDAG, other industry players must strive to create real value and interaction on their platforms.
