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5 clusters · 8 sources · 15 days · First seen · Last updated

BlockDAG project development and ecosystem expansion

Overview

The BlockDAG cryptocurrency project has reached a milestone where more than 10 billion BDAG tokens are locked in its staking system. Following two years of development, the project is preparing for the August launch of the BlockDAG Exchange, which will feature spot markets, perpetual contracts, and staking rewards.

Additionally, the project plans to release a BlockDAG Super App the following month. This application aims to integrate mining, wallet services, staking, trading, casino games, and payment functions into a single ecosystem. The network utilizes GHOSTDAG consensus, and the project’s integrated casino has reportedly attracted over $200 million in wagers.

Recent developments highlight a multi-stage presale organized into 25 phases. The Stage 1 entry price is $0.00002, with prices expected to rise toward a final level of $0.05 before reaching a stated market target of $0.10. Reports indicate the presale has seen more than $2 million in inflows within a single 24-hour period.

To manage the 150 billion token supply, the project has planned for zero team allocation and $100 million in launch liquidity. The ecosystem also includes the X1 Miner application, which enables smartphone-based mining without specialized hardware, and the BlockDAGX platform designed for fast-execution trading. The project’s gaming and online casino ecosystem utilizes EVM-based smart contracts.

Expanding on these features, BlockDAG has launched native BDAG mining on the X1 app. This update allows the platform’s 4 million users to engage in both native and legacy mining sessions, with daily active sessions reportedly exceeding 200,000. The project has reported raising over $242 million during specific presale phases, with more than 52.38 billion coins sold. The current entry price is noted at $0.00000007 as the project continues development on its Mainnet, BlockDAGX, and the comprehensive Super App.

Entities

BlockDAG · Bitcoin · Glassnode · GHOSTDAG · Nasdaq

Timeline

  1. 25 days ago

    [BUSINESS] 2 sources
    Crypto markets show divergence as BlockDAG presale grows and Bitcoin faces Nasdaq competition

    Cryptocurrency markets show divergence as BlockDAG raises $2 million in presale while Bitcoin faces liquidity competition from AI-driven capital inflows into the Nasdaq.

  2. 25 days ago

    [BUSINESS] 5 sources
    BlockDAG launches native mining on X1 app amid presale growth

    BlockDAG has launched native BDAG mining on its X1 app, supporting 4 million users and reporting significant presale progress and ecosystem expansion.

  3. 25 days ago

    [BUSINESS] 3 sources
    BlockDAG raises $2M in 24-hour presale amid Chainlink institutional growth

    BlockDAG raised $2 million in its 24-hour presale, while Chainlink sees institutional interest from Standard Chartered despite slow retail inflows in a sideways crypto market.

  4. 25 days ago

    [BUSINESS] 2 sources
    BlockDAG launches multi-stage cryptocurrency presale

    BlockDAG (BDAG) has launched a 25-phase cryptocurrency presale, targeting a $0.10 market price from an initial Stage 1 entry of $0.00002.

  5. about 1 month ago

    [TECHNOLOGY] 2 sources
    BlockDAG prepares Exchange launch and Super App rollout as staking exceeds 10 billion tokens

    BlockDAG locks over 10 billion tokens, then readies its own Exchange in August and a Super App in September, aiming for massive price growth.

Sources

coindoo.com · coinedition.com · crypto-news-flash.com · crypto-reporter.com · cryptonewsland.com · techbullion.com · tekedia.com · timestabloid.com

This summary has been updated 4 times: see revision history