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Unprecedented Case of Demand for BlockDAG with Over 2 Million Active Miners

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by Giorgi Kostiuk

4 hours ago


The crypto market is usually driven by speculation and liquidity, but the case of BlockDAG demonstrates a different approach. Over 2 million users are actively mining BDAG through the X1 mobile app, while there is no option for public trading of the coins.

Unique Demand State Preceding Liquidity

Since the launch of the X1 Miner app, more than 2 million users have started mining BDAG, earning points that convert into coins after the presale closes. It is important to note that users have already invested time and resources but have no way to sell or trade the asset.

Importance for Early Buyers

Unlike typical business cycles, where real demand is established post-launch, in the case of BlockDAG, the desired demand already exists prior to market access. This creates a unique position for buyers entering the project before trading begins.

Launch Strategy and Future of the Project

BlockDAG's launch strategy includes a six-week plan, where each phase is carefully planned. Following the presale and market launch, the project aims to engage users in creating decentralized applications (dApps) and developing the ecosystem. This implies support for over 1,000 dApps by 2026.

Thus, the BlockDAG initiative shows how unique market conditions can facilitate a technically justified and well-thought-out approach to launching a crypto project, focusing more on sustained demand than on speculation.

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