BlockDAG Raises $350M Presale, Sells 24.2B Tokens as DAG Mining Attracts 2M Miners

BlockDAG, a blockchain project leveraging a Directed Acyclic Graph (DAG) architecture, has raised over $350 million in its presale, selling 24.2 billion tokens and attracting 2 million miners. The project, which operates a Proof-of-Work model with energy-efficient mining, aims to position itself as a contender for mainstream adoption by 2025. Its technology enables processing of 10 blocks per second, with scalability potential exceeding 100 blocks, while audits by CertiK and Halborn confirmed no critical vulnerabilities in its smart contracts and infrastructure [1].

The platform’s user-friendly mining features, including smartphone-based mining via the X1 App and plug-and-play hardware options like the X10 miner, have contributed to its rapid growth. Over 200 hackathon projects are underway, supported by partnerships with entities such as UFC’s Alex Pereira and Inter Milan, which integrate NFT ticketing and fan engagement tools. These collaborations aim to expand BDAG’s presence into entertainment and sports sectors [1].

Presale data highlights BlockDAG’s momentum, with early buyers reporting returns of up to 2,660% as prices rose to $0.0276 by Batch 29. The current GLOBAL LAUNCH phase offers tokens at $0.0016 until August 11, with a projected listing price of $0.05, creating a 3,025% potential upside. The “NO VESTING PASS” policy ensures immediate access to tokens post-launch, a departure from typical lockup periods [1]. Analysts have speculated on long-term price targets as high as $5 or $10, though these remain speculative projections [1].

BlockDAG’s emphasis on accessibility—via mobile mining, audited security protocols, and real-world partnerships—distinguishes it from traditional blockchain projects. The technology’s DAG structure eliminates orphan blocks, enhancing efficiency, while time-locked functions and multi-signature approvals reinforce trust in its infrastructure. These features align with growing demand for scalable, user-friendly blockchain solutions [1].

The project’s success in attracting both retail and institutional attention underscores its potential to disrupt the crypto landscape. However, the absence of historical data on DAG-based projects’ long-term viability and the speculative nature of price forecasts necessitate caution. BlockDAG’s ability to sustain its current trajectory will depend on maintaining technical innovation, securing further partnerships, and demonstrating real-world utility beyond presale hype [1].

Source: [1] [BlockDAG Raises $350M, Sells 24B Coins, and Attracts 2M Miners: Could This Be the First Truly Mainstream Crypto by 2025?] [https://coinmarketcap.com/community/articles/688116351337fa2746d3d382/]