BlockDAG X1 App Reaches 2.5 Million Users Presale Hits $371M

BlockDAG’s X1 App has crossed the 2.5 million user threshold, significantly contributing to the project’s presale growth, which now stands at $371 million—nearly halfway to its $600 million fundraising goal [1]. The app, designed to simulate mining on smartphones, eliminates the need for specialized hardware like ASICs or GPUs, making blockchain mining accessible to a broader audience [1]. This user-friendly approach is central to the project’s strategy of democratizing access to the BlockDAG network, particularly before the mainnet launch [1].

The X1 App has proven to be more than just a promotional tool; it is a foundational component of the project’s ecosystem, bridging engagement, education, and early participation [1]. Through the app, users gain hands-on experience with the network’s mechanics, including mining, balance tracking, and future staking features [1]. This level of interaction fosters a base of informed users who are likely to remain active once the token is publicly listed [1].

Alongside the app, BlockDAG has secured over 19,000 ASIC miners sold, attracted more than 200,000 token holders, and engaged over 4,500 developers building approximately 300 decentralized applications (dApps) [1]. These figures highlight the project’s rapid infrastructure development, even before the mainnet launch [1]. Some observers have speculated that the token’s listing price could reach $1, representing a potential gain of over 3,500% for current presale buyers [1]. However, this outcome remains conditional on broader market dynamics and adoption rates [1].

The X1 App also integrates with a demo trading dashboard, offering users a practical environment to familiarize themselves with live market operations [1]. This tool, combined with the app’s mining simulation, creates a comprehensive onboarding process that prepares users for future participation in staking and transactions [1]. The combination of these tools has allowed BlockDAG to build a functional ecosystem before the mainnet launch, a rare feat in the Layer 1 space [1].

The project’s presale success is closely tied to its active user base and tangible product offerings [1]. While many blockchain projects raise funds without delivering immediate utility, BlockDAG has paired capital growth with working tools and a growing developer community [1]. As the presale approaches its final target, the X1 App continues to serve as a key driver of both user acquisition and network awareness [1].

Source: [1] BlockDAG’s X1 App Hits 2.5M Users, Pushing $371M Presale Toward Record-Breaking $600M Goal – Coindoo (https://coindoo.com/blockdags-x1-app-hits-2-5m-users-pushing-371m-presale-toward-record-breaking-600m-goal/)