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BlockDAG (BDAG)

Active
Total Raise: $600,000,000
Date: 25 Dec 2023 - TBA

BlockDAG is a Layer 1 proof of work consensus mechanism network that evolves the crypto sphere with a cutting-edge Directed Acyclic Graph structure built on the foundations of Bitcoin & Kaspa.

On August 14, 2024, BlockDAG reported that it successfully raised $65.8M from its Presale, allocating 50B tokens in total. And the sale is still ongoing. 

❗️ ❗️ ❗ IMPORTANT:

Please note that all information, including our ratings and reviews, is presented purely for educational purposes. CoinLaunch isn't a financial advisor and doesn't intend for the information to be perceived as investment advice or recommendations. Our project evaluation methodology encompasses 89+ distinct variables/metrics, refined over time through the team's rich 7-year experience.

BlockDAG Overview

Ticker: BDAG
Country: United Arab Emirates
Founded: 2023
Whitelist: No
Blockchain Network: BlockDAG
KYC: No
Bounty: Yes
MVP: Yes
Type: ICO
Security Audit: No

BlockDAG Review

BlockDAG is a proof-of-work consensus mechanism Layer 1 network that intends to redefine the crypto sphere with its advanced Directed Acyclic Graph structure. Unlike traditional blockchain technologies, BlockDAG prioritizes security and advocates for a greener environment, paving the way for sustainable digital transformation. 

BlockDAG Network is distinguished from its predecessors by its exceptional speed and efficiency. With the ability to reach 10 blocks per second, BlockDAG not only keeps up the pace but also raises the bar higher, aiming to go beyond 100+ blocks per second.  

BlockDAG's layer 1 technology provides users with access to smart contracts, secure mining, and optimized performance. Additionally, BlockDAG's cryptographic algorithms counter potential threats by securing transactions and demonstrating hashing performance that surpasses traditional systems such as SHA 256.

 

💸 BlockDAG Presale

The project encourages crypto enthusiasts to join the BlockDAG crypto presale, engage with the community to get additional rewards. .

It’s claimed that “the BlockDAG presale is a golden opportunity for investors to capitalize on substantial returns with just a small investment”. Strategically designed to minimize risks associated with market volatility, this crypto presale is out there to break the boundaries of traditional systems and provide users with a stable and secure crypto asset. BlockDAG claims that this presale crypto is a chance for anyone to confidently increase his or her portfolio value. 

Block DAG presale has recently progressed to Batch 21, marking a pivotal stage in its development. The total funds raised now stand at $66.1 million. The BlockDAG coin is currently priced at $0.017, experiencing a remarkable 1600% increase since its initial launch. This growth outpaces the $0.015 price during Batch 20, where it amassed $59.3 million. Looking forward, BlockDAG sets its sights on reaching a price target of $0.018 per $BDAG coin.

 

🧮 BlockDAG Crypto Mining Calculator

1. Coin Investment Strategy by Crypto Profit Calculator

Investing in BlockDAG coins presents a lucrative opportunity for potential profits, especially upon their listing on major exchanges. Early contributors often benefit from significant value surges, creating avenues for substantial returns. Stay updated on market trends and capitalize on the increasing coin value for long-term gains with BlockDAG crypto miner.

2. Mobile Mining Convenience

Engage in BlockDAG mining app, a hassle-free method to earn an estimated 125 BlockDAG (BDAG) coins daily. Effortlessly mine coins directly from your smartphone by installing the BlockDAG X1 app. This passive income stream allows you to increase your earnings while going about your daily routine seamlessly.

3. Dedicated Miner Units for Enhanced Profits

Take advantage of dedicated mining on BlockDAG X10, BlockDAG X30, & BlockDAG X100 - to unlock heightened earning potential. These specialized miners enable active coin mining, giving you a consistent daily stream of passive income. Explore the range of options available to tailor your mining strategy to your preferences and objectives.

4. Beat the Resellers

Capitalize on the power of BlockDAG mining rigs and list them on third-party websites. As the project’s mining crypto rigs have started popping up on third-party sites for three or four times their listed BlockDAG price, trading mining rigs can be a great income stream for you. A crypto mining rig is a customized personal computer that uses graphical processing units (GPUs) to solve cryptographic equations and verify transactions on a blockchain.

 

Given the laud news about the BlogDAG presale success, doubtful statements about its revolutionizing nature, and its not really high CoinLaunch score, we decided to provide our users with more info on the advantages and disadvantages of participating in BlockDAG’s token sale:

✅ BlockDAG’s pros:

  • Solves several key challenges in decentralized networks through its hybrid consensus mechanism;
  • The project has gained huge attention from the crypto community and has already raised $66.1M;
  • Above-the-average SMM coverage;
  • Great PR performance;
  • Good Search Engine Optimization;
  • Solid Growth Marketing performance;
  • Decent Influencer Marketing.

❌ BlockDAG’s cons: 

  • Doubtful success statements;  
  • A lot of videos and threads on social media about a potential scam of BlockDAG;
  • Strange token distribution;
  • Extremely High FDV ($2.55B) and Initial MarketCap ($1.0098B);
  • High FDV / Initial MarketCap rate (39.6%);
  • Has no Security Audits;
  • 33% of tokens allocated for Presale;
  • Has no public backers;
  • Weak Marketing Infrastructure.

BlockDAG Token Economy

Total Raise: $600,000,000
Total Supply: 150,000,000,000
Private/Pre-sale: (0%)
Public Sale: 50,000,000,000 (33.33%)
Fully Diluted Valuation (FDV): $2,550,000,000
Initial Circulation Supply: $1,009,800,000 (39.6% of FDV)

BlockDAG Token Sale (ICO & IDO) Rounds

ICO: 25 Dec - TBA Active

Price: $0.017
Tokens for sale: 50,000,000,000
Raise: $600,000,000
Lock-Up: 40% at TGE, 3-month linear release

BlockDAG Token Release Schedule

blockdag vesting

BlockDAG Marketing Activity

Search Engine Optimization
Social Media & Community Management
PR & Traffic
Marketing Infrastructure
Influencer Marketing
Growth Marketing
Last Update:  20 Aug 2024 Upgrade

BlockDAG Team

Antony Turner
Antony Turner
CEO, Founder
Dr. Prof. Youssef Khaoulaj
Dr. Prof. Youssef Khaoulaj
Chief Security Officer
Steven Clarke
Steven Clarke
Senior Advisor
Dr. Maurice Herlihy
Dr. Maurice Herlihy
Blockchain Advisor

BlockDAG News

BlockDAG Roadmap

2024-2025

Launch Phase:

  • To develop a P2P engine and implement algorithms that deal with the establishment of the infrastructure of the project.
  • Optimize the workflows, research, and design the UI concerning the user research and practice exploration for Blockchain Explorer.
  • To develop the UI design for the X1 mining Application, define the layouts and user interface.
  • Conduct the testing of applications, audit BDAG Smart contracts, and execute marketing strategies, including 10% referral bonuses for investors

Development Phase:

  • Integration of proof of work consensus mechanism and protocols for node communication.
  • Implement data structuring algorithms, UI-based framework deployment, and modular architecture design.
  • Create onboarding screens and other functionalities and develop user flows and UI components.
  • Production of BDAG-optimized mining hardware, forming partnerships with tech providers & updating the BDAG community to ensure better consumer relationships.

Pre-Launch Phase:

  • Developing a command line for direct blockchain interactions, EVM, and wallet integration through the Meta Mask method.
  • Incorporate visuals, testnet faucets, and detailed documentation for tokenomics.
  • Enable wallet functionalities and focus on mainnet development and beta testing.
  • Establish a technical support team to analyze testing and conduct training sessions.

Final Phase:

  • Launch the development network for initial testing for security audits and avoid bugs.
  • Conduct external beta testing, implement BlockDAG scanner features, and add support for NFT smart contracts.
  • Developing customizable settings for the X1 miner app, determining the presale, releasing mining software, and promoting the X1 miner app.

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