BlockDAG Raises $371M in Presale With 200K+ Token Holders and 2.5M Miners

BlockDAG, a hybrid Layer-1 blockchain, has raised over $371 million in its presale, positioning itself as a potential benchmark for future blockchain launches [1]. Unlike traditional Layer-1 projects that follow a sequential model—raising capital, publishing a whitepaper, launching a testnet, and hoping for adoption—BlockDAG has built a fully active ecosystem before its mainnet even goes live. The project now boasts 200,000+ token holders, more than 2.5 million active miners via the X1 app, and 4,500+ developers working on 300+ dApps [1].

The X1 app has been central to BlockDAG’s early success, allowing users to mine BDAG from their mobile devices with minimal energy consumption. This approach has significantly lowered the barrier to entry, drawing in a broad base of casual users and serious miners alike. In parallel, the team has distributed over 19,000 X-Series mining devices globally, creating a decentralized Proof-of-Work (PoW) infrastructure that will secure the network from the first day of operation [1].

Partnerships are also a key component of BlockDAG’s strategy. The project has forged alliances with major global brands such as Inter Milan, UFC champion Alex Pereira, and professional sports teams like the Seattle Seawolves and Seattle Orcas. These collaborations extend beyond traditional sponsorship, incorporating tokenized collectibles, fan rewards, and interactive campaigns that integrate BDAG into the event experience [1]. These efforts aim to drive real-world engagement and user adoption rather than merely enhancing brand visibility.

BlockDAG’s multi-tier mining system—combining the X1 app and X-Series miners—ensures broad participation across different user segments. Additionally, EVM compatibility supports seamless migration for Ethereum developers, potentially accelerating the deployment of dApps and services on the BDAG network [1]. With a total funding target of $600 million, the project has already raised more than most major Layer-1 networks at their launch stages, including Avalanche and Aptos. This substantial capital allows for aggressive liquidity strategies, developer incentives, and long-term marketing campaigns [1].

Geographic decentralization is another cornerstone of BlockDAG’s launch strategy. By distributing miners and onboarding users through the X1 app globally, the network minimizes the risks of centralization, which often arise when early participants are concentrated in one region. This approach enhances censorship resistance and resilience to regulatory or infrastructure disruptions [1].

Traditional Layer-1 projects often face the “empty chain” problem post-launch—low user activity, limited applications, and poor liquidity. BlockDAG circumvents this by ensuring that users, miners, developers, and applications are already active before mainnet activation. This results in immediate transaction volumes, staking participation, and app usage, generating the network effects necessary for long-term growth [1].

The current presale price of Batch 29 is $0.0276, significantly below the anticipated $0.05 listing price, positioning early buyers for potential short-term gains and long-term value appreciation if adoption continues at its current rate [1].

BlockDAG’s approach marks a departure from the traditional blockchain launch playbook. By prioritizing pre-mainnet adoption, infrastructure, and utility, it presents a de-risked model that could redefine how future Layer-1 projects approach their road to mainnet. If successful, it may become a template for others to follow in the years ahead [1].

Source: [1] The Global Layer-1 Launch Playbook: How BlockDAG Is Setting a New Standard With $370M+ Raised (https://coinmarketcap.com/community/articles/689b2ed165b2ba30b64e2540/)