Bitcoin News Today: BlockDAG’s 10 BTC Auction Pool Boosts Presale to $362 Million

BlockDAG (BDAG) is generating strong interest in the crypto market through its unique 10 BTC Auction Pool, a reward mechanism designed to involve all BDAG buyers, regardless of investment size [1]. This initiative, part of the project’s presale campaign, is open to anyone purchasing BDAG tokens before the global launch on August 11. The auction pool allows participants to earn a share of 10 BTC, with rewards distributed proportionally to each buyer’s BDAG holdings.

What differentiates BlockDAG from many other crypto projects is its inclusive strategy. There is no minimum purchase requirement, and every transaction—whether $50 or $50,000—counts toward the auction pool. This approach encourages both retail and institutional participation, making it easier for newcomers to engage without fear of being locked out by high barriers. The project has already raised over $362 million in its presale, reflecting growing community support and confidence in the model [1].

The auction mechanism is straightforward and transparent. Any BDAG purchase made before the August 11 launch date qualifies participants for the 10 BTC reward pool. The distribution is based on the percentage of BDAG each buyer holds, ensuring that larger contributions receive larger shares, while smaller ones still have a chance to win. The pool will close on the launch day, with winners announced shortly after [1].

This system has driven increased activity and engagement on social platforms, as buyers look to improve their chances of winning Bitcoin. The current presale price of $0.0016 per BDAG, with a confirmed post-launch listing price of $0.05, already suggests a potential 3000% return for early buyers [1]. Analysts estimate that if current adoption trends continue, BDAG could reach $1 within the first 12 months after launch, offering more than 60x returns from its listing price and over 600x from today’s presale price [1].

Beyond the auction, BlockDAG has been building a functional ecosystem to support long-term growth. The project includes a live demo trading platform, a mobile mining app with 2.5 million+ users, and the sale of 19,000 ASIC miners to strengthen network performance. Cold wallet integration is also in development, providing secure post-launch storage for BDAG holders [1].

The community-first approach has helped solidify BlockDAG’s growing user base. Many early buyers are increasing their holdings to enhance their share of the Bitcoin pool, while new participants are attracted by the low entry barrier and immediate reward potential. This dynamic has created a sense of urgency and momentum as the August 11 deadline nears.

With only days left before the global launch, the 10 BTC Auction Pool remains open. After this date, the reward window will close, and the auction will conclude. Market observers are watching closely to see how this inclusive model impacts adoption and long-term value, noting that it diverges significantly from the typical structure of many crypto projects, which often favor large investors or impose high participation thresholds [1].

Source:

[1] Every Buyer Has a Shot: BlockDAG’s 10 BTC Auction Welcomes All BDAG Purchases

https://coinmarketcap.com/community/articles/689239b6c85cc103049abce0/