BlockDAG Raises $339 Million in Presale, Aims for $600 Million

BlockDAG, a Layer 1 blockchain network, has raised over $339 million and sold 23.9 billion coins during its presale, positioning itself as a standout pick for the current altseason. The network combines the strengths of Bitcoin, Kaspa, and Ethereum, offering robust security through Proof-of-Work, high transaction speeds with a DAG setup, and full support for the Ethereum Virtual Machine. Additionally, BlockDAG provides builder tools that are both low-code and no-code, which are currently available on the testnet. The mainnet is scheduled to go live this quarter, indicating a high level of readiness and progress.

BlockDAG's presale has been remarkably successful, surpassing many other projects that typically stall at a few million dollars. The team is aiming for a $600 million goal as it enters the final stages of the presale. The current price of the coin is locked at $0.0016, which is significantly lower than the confirmed launch price of $0.05. This price difference represents a potential 3,025% return on investment if compared to the final listing price. The team has chosen to freeze the price at $0.0016 until August 11, providing a final opportunity for early buyers to purchase at the current rate before the GLOBAL LAUNCH release.

BlockDAG's success is not limited to its technical capabilities and presale performance. The project has also gained significant traction through partnerships with major sports teams and brands. It is the official blockchain partner for the Seattle Seawolves, champions of Major League Rugby, and the Seattle Orcas, contenders in Major League Cricket. Additionally, BlockDAG has collaborated with UFC Champion Alex Pereira and Inter Milan, further expanding its reach and community engagement. These partnerships are not merely for show; they help bring millions of people into the crypto space by connecting real sports fans and local groups with blockchain use cases, giving BlockDAG a competitive edge as it approaches its launch.