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Cryptocurrency News Articles
BlockDAG Sets to Roll Out 10,000-Coin Airdrop and $60K Incentive
Mar 23, 2025 at 01:00 am
BlockDAG has launched its Beta Testnet with a clear message: reward real engagement. To begin with, every investor is receiving an airdrop of 10,000 testnet coins
Participation is proving to be more than just a buzzword—it’s a currency of its own. While Solana’s inflation-cut proposal fell short and Binance Coin saw a temporary price bump from institutional backing, BlockDAG is driving engagement through tangible user incentives. Instead of relying solely on governance votes or large-scale investments, BlockDAG’s Beta Testnet rollout prioritizes real-time community involvement, offering a 10,000-coin airdrop to every investor and $60K in performance-based rewards. With over $205 million raised and a 2,380% ROI since batch 1, BlockDAG’s hands-on model is positioning it as a practical blueprint for decentralized project growth and crypto participation.
BlockDAG Sets to Roll Out 10,000-Coin Airdrop and $60K Incentive
BlockDAG has launched its Beta Testnet with a clear message: reward real engagement. To begin with, every investor is receiving an airdrop of 10,000 testnet coins, designed not just as a giveaway, but as a tool to simulate real-world activity and coin vesting. In addition, to further motivate participation, the team is offering $2,000 worth of BDAG to each of the top 30 participants based on testnet activity—spanning wallet usage, mining contribution, and coin balance.
This move comes as BlockDAG’s presale continues to outperform expectations. Having raised over $205 million and sold more than 18.8 billion coins, with the current batch 27 priced at $0.0248, early investors have already seen a 2,380% return since the first batch. These numbers highlight the growing confidence in BlockDAG’s roadmap and its hands-on approach to development and community building.
The new Beta Testnet introduces a reset environment with improved features, including a refreshed Blockchain Explorer, MetaMask integration, NFT minting, and smart contract testing capabilities. Compared to previous versions, it’s a significant upgrade from the earlier Alpha version and provides the first full preview of the platform’s performance under broader usage.
Overall, BlockDAG’s approach blends transparency, utility, and community rewards. The team is keeping its focus on long-term growth, and the incentive program shows they value active participants, not just passive holders. As the project moves closer to its mainnet and coin generation event, initiatives like this continue to build trust and keep investors involved. For those watching from the sidelines, the message is clear—participation pays.
Binance Coin Surges 15% Following MGX’s $2 Billion Investment
Binance Coin (BNB) has experienced a significant 15% increase over the past two days, surging to $581.22. This price surge follows a substantial $2 billion investment in Binance by Abu Dhabi-based MGX, a firm specializing in technology and AI sectors.
The influx of capital has boosted market confidence, leading to a surge in BNB’s market capitalization to $82.75 billion and daily trading volume to $1.84 billion. Although BNB remains approximately 30% below its all-time high of $793.35, the current momentum has analysts optimistic about BNB’s potential for further appreciation.
Moreover, MGX’s investment is anticipated to support Binance’s blockchain development initiatives and the broader expansion of digital assets. This development aligns with Abu Dhabi’s strategic objective to position itself as a leader in the crypto and blockchain industries.
Solana’s Proposal to Reduce Inflation Rate by 80% Fails to Pass
Solana’s recent governance proposal, SIMD-228 aimed to reduce the network’s inflation rate from 8% to approximately 1.5% by dynamically adjusting it based on staking participation. Despite this goal, the proposal saw significant community engagement with 74% of the staked supply participating in the vote. However, the proposal achieved only a 61.4% approval, falling short of the required two-thirds majority to pass.
This defeat was largely attributed to smaller validators who largely voted against the change. Many of them expressed concerns about profitability under the new regime and preferred to maintain the status quo.
While the proposal did not pass, the high voter turnout showcased the community’s active involvement in Solana’s governance and their commitment to the network’s future.
Final Take
Both Solana and Binance saw community action but to varying degrees. Solana had a lukewarm response to a proposal that ultimately failed, while Binance saw a large investment spur some price action. However, both cases highlight a dependence on passive support or institutional moves.
In contrast, BlockDAG is engaging users directly and rewarding them for activity that drives real-world utility. Its testnet incentives and ongoing presale success are fueled by participation, not speculation.
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