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Cryptocurrency News Articles
BlockDAG (BDAG) Raises $209M as It Prepares to Disrupt the Blockchain Industry
Mar 30, 2025 at 01:00 am
In an industry often filled with more hype than substance, one Layer 1 blockchain is distinguishing itself—not through lofty claims, but through tangible technology
In an industry often brimming with hype that outpaces substance, one Layer 1 blockchain is distinguishing itself—not through lofty claims, but through tangible technology, a growing user base, and ongoing progress.
This is BlockDAG (BDAG), a pioneering blockchain boasting a unique Hybrid DAG + Proof-of-Work architecture, has already achieved a remarkable feat: gathering $209 million in less than 10 months.
Its recent Keynote 3 event has significantly bolstered this achievement.
With a massive 19 billion BDAG coins already distributed, over 800,000 users of the X1 App, and upwards of 170,000 holders, BlockDAG has transitioned from a concept to the most eagerly anticipated Layer 1 launch of the year—with many keen to join before the mainnet goes live.
Keynote 3 Showcases Tangible Progress, Not Just Promises
While numerous Layer 1s are still grappling with the ideation phase and facing delays, BlockDAG’s third keynote demonstrated that it is not only on track but also advancing rapidly in realizing its vision for the future.
“Today’s keynote transcends gradual improvement; it heralds a major shift,” announced CEO Antony Turner in his opening remarks.
“What we’re unveiling today is the result of months of dedicated effort—signifying major strides in decentralization, security, and scalability.”
This advancement is evident with the recent launch of Beta Testnet V1, which has already processed over 1.2 million transactions and is supported by a network of more than 100 active nodes.
Unlike conventional blockchains that process blocks sequentially, BlockDAG’s Directed Acyclic Graph (DAG) technology confirms multiple blocks simultaneously, reducing bottlenecks and enhancing throughput. This, combined with Proof-of-Work for robust security, provides a dual approach that mitigates many of the limitations faced by traditional blockchains.
Furthermore, the Beta Testnet is not just operational—it’s effectively demonstrating real-world utility.
The keynote unveiled:
All these updates are already in place or being introduced weekly, rather than just listed in a distant plan.
Prioritizing Security for the Future
As BlockDAG prepares for its mainnet debut, a major emphasis is placed on security—not as an afterthought but as a core principle throughout development.
Dr. Youssef Khaoulaj, the Chief Security Officer, highlighted this during his talk:
“The strength of a blockchain lies in its security. We’ve built BlockDAG with strong cryptographic defenses and a decentralized consensus to reduce risks.”
The infrastructure, which includes MPC-secured treasury management and audits by Certik and Halborn, is being rigorously tested pre-launch.
This deep focus on security, combined with a proven and efficient Proof-of-Work mechanism, draws the interest of tech leaders and developers beyond the cryptocurrency sphere.
The Rush to Join Before Values Surge
The current presale is at Batch 27, priced at $0.0248 per coin, up 2,380% from its initial value of $0.001. This reflects the growing enthusiasm.
Already, 16,600 mining units are being sold and will start delivering soon, which will support a robust, hardware-based consensus layer.
The X1 App’s success, now with over 800,000 users, showcases BlockDAG’s expanding influence.
The TG Tap Miner game has also seen over 400,000 signups, highlighting the broad and growing engagement with the project.
“BlockDAG isn’t just planning for the future; it’s creating it today,” said Turner.
Anticipated at the mainnet launch are:
This means the token isn’t starting in an empty space—it’s launching into an established, fully functional network.
BlockDAG: A Leading Layer 1 to Join Now
Keynote 3 wasn’t about generating hype—it was about presenting tangible progress. It showcased a blockchain that’s operational, expanding, and welcoming a global community.
“We’re more than just a project; we’re pioneers in a new decentralized age,” Turner concluded.
For those interested in participating in a promising Layer 1 before major price increases and exchange listings, the opportunity is here but closing quickly.
With $209M already raised and a goal of $600M in sight, BlockDAG is setting the stage for historic achievements.
As the mainnet goes live with full capabilities, BlockDAG isn’t just another blockchain launching; it represents a platform that the world is already starting to embrace.
Follow BlockDAG
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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