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Cryptocurrency News Articles

Forget the Usual Process—BlockDAG Has Removed the Need for Signups

Apr 04, 2025 at 11:00 am

BlockDAG changes the onboarding style with a fast, no-hurdle model that puts access first.

Forget the Usual Process—BlockDAG Has Removed the Need for Signups

Forget the usual process—BlockDAG has removed the need for signups, passwords, and long onboarding steps. LEO and MANTRA have made strong moves in pricing and network functionality, but they still rely on traditional entry systems. LEO’s benefits are centered around exchange perks, and MANTRA focuses more on staking and community governance tools.

Enter BlockDAG (BDAG), which eliminates all user-entry restrictions. With its Beta Testnet now running, users receive immediate access to wallets, enjoy automatic token airdrops, and engage with real reward systems. The streamlined flow makes it easier for users and developers, supporting the idea that better usability could be key to blockchain growth.

LEO Token: Platform Benefits and Steady Rise

LEO Token (LEO) functions as a utility coin within the Bitfinex platform, granting users reduced fees and enhanced service features. Its initial launch was backed by a private sale that aimed for and reached a goal of $1 billion. Moreover, Bitfinex supports LEO’s price through a monthly buyback and burn model using platform revenue, aiming to lower the token’s supply and potentially raise its value.

In terms of price performance, LEO has shown consistent growth over the last year. As of March 31, the coin experienced an increase of approximately 67.2% compared to the same period last year. This growth signals stronger demand and utility for LEO within the Bitfinex ecosystem. The ongoing reduction in supply and utilization of the Bitfinex platform are crucial factors contributing to the rise in LEO’s market cap.

MANTRA (OM): Platform Goals and Market Spike

MANTRA (OM) operates as a decentralized finance (DeFi) platform designed around staking, lending, and governance. Users who hold OM can participate in community decision-making, earn staking rewards, and utilize various DeFi services. Its distribution occurred through private token deals and community-driven initiatives, fostering early adoption and decentralized control. The platform has also shared updates regarding its economic design, such as changes in inflation and vesting rules to ensure long-term stability.

In terms of price trends, OM has experienced a remarkable surge in value, particularly in 2024. Within a year, the token’s price spiked by over 6,800%, making it one of the most significant price increases among major cryptocurrencies. This momentum carried over into early 2025, with OM reaching a peak price of $5 on January 26. As of March 31, OM maintains a prominent position in the crypto market, supported by ongoing attention and progress through new partnerships and updates.

BlockDAG Beta Testnet Launches with Instant Wallet Integration and Real Rewards!

BlockDAG is approaching the usual onboarding style differently—with a fast, no-hurdle model that puts access first. Wallets are ready instantly—no ID checks, no forms, no third-party signups. Just connect and begin testing.

This friction-free design removes early barriers that often slow users down. Participants can instantly explore the system’s DAG-based speed without delay. Each wallet linked to a presale participant receives 10,000 testnet tokens, automatically released by a smart contract. Distribution starts with 40% upfront and continues in weekly phases—no manual claiming needed.

But BlockDAG goes beyond testing with no pay. The 10 most engaged wallets, holders, and miners will each win $2,000 in BDAG at the launch rate. These are mainnet coins, not temporary testnet balances, giving real earning power to top contributors.

The impact is already visible. As of Batch 27, BlockDAG’s presale has raised $210.5 million, with more than 19.1 billion BDAG sold. At the current price of $0.0248, this reflects a 2,380% rise since Batch 1.

Rather than limiting use, BlockDAG opens its doors wide. The Beta Testnet runs until May 31, offering open access for users, miners, and developers to engage, collect actual rewards, and shape the project’s future. No forms. No hassle. Just enter and explore.

In A Nutshell!

While projects like LEO and MANTRA have been making headlines with their impressive price performance and valuable contributions to their respective ecosystems, BlockDAG is taking a unique approach by focusing on user experience and eliminating common pain points.

As Bitfinex's native token, LEO (LEO) is being used as a utility token on the Bitfinex exchange, offering reduced trading fees and priority service to users who hold LEO. The initial launch of LEO was backed by a private token sale that aimed for and successfully reached a goal of $1 billion. To support the LEO price, Bitfinex announced a monthly buyback and burn model using a portion of the exchange's revenue, intending to reduce the circulating supply of LEO

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