BlockDAG Hits $379M Presale With 2.5M X1 Miner App Downloads

Generated by AI AgentCoin World
Thursday, Aug 21, 2025 4:35 pm ET1min read
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Aime RobotAime Summary

- Jeremy Harkness leads BlockDAG's technical strategy, building a hybrid PoW-DAG blockchain with 10 TPS performance.

- The project boasts 4,500+ developers, 300+ dApps, and 2.5M X1 Miner app downloads for mobile mining.

- $379M presale and 19,000 ASIC sales highlight demand, with analysts predicting $1+ token price in 12-18 months.

- EVM compatibility and focus on real-world applications position BlockDAG as a potential top 50 crypto contender.

Jeremy Harkness, the Chief Technology Officer at BlockDAG, is spearheading the project’s technical development and strategic direction, positioning it as a serious contender in the Layer 1 blockchain space. While many new blockchain initiatives focus on marketing campaigns or high-profile partnerships, Harkness has concentrated on building a robust and scalable platform with tangible utility. His expertise in blockchain, AI, distributed systems, and large-scale data engineering has been instrumental in establishing BlockDAG’s credibility and performance [1].

Harkness’s career has seamlessly blended startup agility with enterprise-level precision, enabling him to lead complex technical initiatives while maintaining system reliability. Under his guidance, BlockDAG has developed a hybrid Proof-of-Work and Directed Acyclic Graph (DAG) framework that processes up to 10 blocks per second. This performance level is comparable to established blockchain networks, making BlockDAG an attractive option for developers seeking scalable infrastructure [1].

Unlike many projects at the presale stage, BlockDAG has already begun developing real applications and engaging a substantial developer community. More than 4,500 developers are involved, with over 300 decentralized applications in the works. This emphasis on building a functional ecosystem before launch is a strategic and uncommon approach in the cryptocurrency space [1].

One of Harkness’s most significant contributions is the X1 Miner app, which allows everyday users to mine BDAG coins from their smartphones. The app has already achieved over 2.5 million downloads, making it one of the largest pre-mainnet user bases in the crypto industry. In addition, the project has sold 19,000 ASIC miners, generating $7.7 million in hardware sales. This demonstrates the project’s appeal across both casual and industrial users [1].

Harkness has also prioritized developer accessibility by implementing

Ethereum
Virtual Machine (EVM) compatibility. This allows Ethereum-based developers to transition their applications to BlockDAG with minimal adjustments. By aligning with one of the largest developer communities in the crypto space, BlockDAG offers a clear path for rapid adoption and innovation [1].

The presale has progressed steadily, raising $379 million as of Batch 29, which is priced at $0.0276. Analysts forecast that, assuming continued adoption, the token could reach close to $1 within 12–18 months of trading [1]. Participants in earlier batches have already seen returns of 2,660% compared to Batch 29 pricing, with further upside potential given the confirmed $0.05 launch price.

Through Harkness’s leadership, BlockDAG is building a foundation for long-term sustainability rather than relying on short-term hype. His focus on scalability, real-world applications, and consistent development has positioned the project as a potential top 50 contender [1].

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Sources:

[1] Get to Know Jeremy Harkness: The CTO Driving BlockDAG Into the Big Leagues – https://crypto-economy.com/get-to-know-jeremy-harkness-the-cto-driving-blockdag-into-the-big-leagues/