BlockDAG Raises $329.5 Million, Partners with U.S. Sports Teams for Growth

BlockDAG, a prominent Layer 1 network, has made significant strides in its development and market presence. The project has successfully raised over $329.5 million and sold 23.5 billion coins, with a growing community of over two million people mining on its X1 app. This year has been particularly notable for BlockDAG, with the latest developments potentially redefining its trajectory in the crypto space.

The team has announced official partnerships with two well-known U.S. sports teams: the Seattle Seawolves, who have won Major League Rugby twice, and the Seattle Orcas, a top team in Major League Cricket. These partnerships are more than just marketing initiatives; they are strategic moves aimed at expanding BlockDAG's reach and integrating it with key fan communities. The Seattle Seawolves bring a strong fan base and success on the field, positioning BlockDAG in front of U.S. rugby fans who are increasingly interested in digital platforms. The Seattle Orcas, on the other hand, connect BlockDAG to a sport with millions of global followers and strong links to Web3, as cricket gains popularity in the U.S.

These partnerships are not random but are part of a clear U.S. growth plan. They help BlockDAG enter fan communities that are ready for digital tools and rewards. With mining and easy testnet use at the center of BlockDAG’s plan, these sports deals could bring in many new users. The mix of sports fans and the crypto world could create new ways for people to join the BlockDAG network.

BlockDAG’s presale has been steady and fast-growing, even amidst the volatility in crypto prices. With over $329.5 million raised and more than 200,000 holders, reaching the $600 million target looks very possible now. The project’s success comes from a step-by-step approach, including the X1 Miner App, which has over 2 million users and made mobile mining easy. Over 18,000 ASIC miners have been sold to support long-term rewards, and the testnet is live with smart contracts and no-code tools for app creation. Referral systems and fun features like “Buyer Battles” make buying more engaging.

The partnerships with the Seawolves and Orcas are significant, but they are just the beginning. BlockDAG has hinted at a much larger U.S. sponsorship deal that is already set, waiting for final regulatory approval. The name of the partner has not been shared yet, but signs point to a deal as large as the biggest crypto marketing deals ever seen. What makes this special is that BlockDAG’s timing matches key product launches. Other crypto firms made such deals without proven tech. BlockDAG is doing it with major milestones ready, including the mainnet going live in the next six weeks, 40% of presale coins reaching wallets during this period, and the launch of new DeFi tools, oracles, indexers, and exchanges. Mining pools and nodes will start running before coins hit trading platforms, meaning it is not just about putting a logo on a jersey. The sponsorship lines up with the start of real products.

The fixed price of $0.0016 available until August 11, combined with fresh media buzz and new platform features, is increasing BlockDAG’s strong appeal across the crypto space. The official launch price is set at $0.05, offering early buyers the chance to see a 2,660% return on what they purchased. This is even before any trading starts or price movements happen on exchanges. Larger market players are also taking interest because BlockDAG’s mix of DAG and Proof-of-Work technology addresses major problems that developers often face. The CertiK audit, a mobile app that is simple to use, and no-code tools make the project suitable for many different types of users.