Final Testnet to Be Launched On March 28th

Article Content: BlockDAG Presale Details, BlockDAG Price Prediction, Is BlockDAG Legit, About BlockDAG and BDAG, Is BDAG a Good Investment, Where to buy BlockDAG?

BlockDAG Presale Details

BlockDAG’s presale is structured across 45 batches. They have completed 21 out of the 45 batches.

• Listing Price: $0.05 [Target Price]
• Current Price: $0.017
• Presale Target: 50 Billion Tokens
• Total Supply: 150 Billion Tokens
• Amount Raised: $203.5M
• March 17th: The exact launch date for BlockDAG is not yet available. BlockDAG aims to be listed on major crypto exchanges soon

Miner Data

Is BlockDAG Legit?

Founder – Antony Turner

Currently, Antony Turner is CEO at BlockDAG Network, a Layer 1 proof-of-work consensus mechanism based on a Directed Acyclic Graph structure, and previously served as COO at SPIRIT Blockchain Capital and CEO at Angelmountain Global Wealth, focusing on business management and financial reporting. Co-founder of SwissOne Capital, where he developed crypto fund strategies and managed fund structures. Past roles include COO at Wyzetalk, where he improved company operations and compliance, and CTO positions at mbora and ResourceLab, involving technology development and management.

Holds a Master of Science in Electrical and Electronics Engineering from the University of the Witwatersrand, a top-tier institution, and a Bachelor of Science in Electrical and Electronics Engineering from the University of Cape Town, also a top-tier institution in South Africa.

Social Media Commentary

• BlockDAG is accused of being a scam due to its whitepaper being copied and past ICOs with similar setups proving fraudulent.
• There are doubts about BlockDAG’s mining technology, with suggestions that it might not involve real mining.
• Users have reported problems with withdrawing funds or accessing tokens, and there are warnings about potential recovery scams.

Latest BlockDAG News

• March 17th: BlockDAG’s presale is inching closer to $210M. As of March 17th, BlockDAG has raised $203.5M in presale.
• March 14th: BlockDAG officially SOLD 16.300 Miners in presale.
• March 8th: BlockDAG is launching its final testnet on March 28th. With this, BlockDAG will enter the Mainnet era, global expansion, and mass adoption.
  • To celebrate the event, BlockDAG launched BDAG800. Users can use BDAG800 today and secure a 400% BDAG bonus.

BlockDAG Claims

• World’s first DAG Chain.
• Capability to handle 10,000 to 15,000 transactions per second at minimal fees and with rapid confirmations.
• BlockDAG’s infrastructure is designed to potentially deliver up to 30,000x returns on investment.

BlockDAG Price Prediction: About BlockDAG and BDAG?

What is BlockDAG?

BlockDAG is a revolutionary proof-of-work cryptocurrency with a Directed Acyclic Graph (DAG) structure, a departure from traditional blockchains. Prioritizing security and eco-consciousness, it aims for sustainability in the digital space. Noteworthy for its outstanding speed, it achieves 10 blocks per second, aiming for over 30, setting a new efficiency standard. BlockDAG’s layer 1 tech offers users smart contracts, secure mining, and optimized performance, making it a cutting-edge contender in the cryptocurrency arena.

BlockDAG is inspired by Bitcoin and Kaspa and it boasts to be the world’s most advanced layer 1 blockchain. BlockDAG claims to deliver a cutting-edge Proof-of-Work (PoW) algorithm with industry-leading speeds, unbeatable security, and high decentralization. Built for the future, BlockDAG can power everyday applications to enterprise-grade DeFi protocols. With the power to mine from anywhere, BlockDAG makes crypto mining simple, for everyone.

Features of BlockDAG

BlockDAG, short for “Blockchain Directed Acyclic Graph”, combines elements of both traditional blockchains and DAGs to create a potentially scalable and secure blockchain technology. Here are some of its key features:

DAG Structure: Unlike a blockchain’s linear chain, BlockDAG uses a Directed Acyclic Graph (DAG) structure. This allows for transactions to refer to multiple previous transactions simultaneously, potentially enabling faster transaction processing and higher throughput.

Hybrid Consensus: BlockDAG often combines Proof-of-Work (PoW) with other consensus mechanisms like Directed Acyclic Graph (DAG) consensus. This aims to leverage the security benefits of PoW while allowing for faster transaction confirmation times.

Scalability: Due to its parallel processing potential, BlockDAG has the potential to scale better than traditional blockchains, meaning it can handle more transactions without significant slowdowns.

Reduced Fees: Eliminating the need for mining pools and reducing computational complexity can lead to lower transaction fees compared to some PoW-based blockchains.

Decentralization: BlockDAG aims to maintain a decentralized network where anyone can participate in validation and consensus.

Security: The combination of PoW and DAG consensus, along with the absence of forks, can contribute to a secure network resistant to malicious attacks.

Mobile Mining: Some BlockDAG projects, like the BDAG token, claim to enable accessible mobile mining, potentially expanding participation in the network.

Innovation: BlockDAG is a relatively new technology with ongoing development and potential for further innovation in consensus mechanisms, transaction processing, and smart contracts.

What is BDAG?

BDAG is the native token of the BlockDAG platform. It is used to power the entire BlockDAG ecosystem. Similar to Bitcoin, BDAG is designed to maintain a robust ecosystem by implementing a cap on the total coin supply.

Tokenomics

Maximum Supply: 50 billion coins

• 66% Community Allocation
• 33% Presale Allocation
• 1% Marketing Allocation

BlockDAG Price Prediction: Is BlockDAG (BDAG) a Good Investment?

BlockDAG stands as an alternative to traditional blockchains and boosts scalability by allowing validators to add multiple blocks simultaneously. It addresses crypto bottlenecks through reduced latency, improved decentralization, and dynamic consensus. As the fastest Proof of Work, BlockDAG confirms 10 blocks per second, with mining rigs earning up to 2,000 coins daily. With an inclusive vision, BlockDAG provides educational networks and dApps. This amalgamation of speed, efficiency, and inclusivity makes BlockDAG a compelling choice in the crypto space.

However, this does not prove that BlockDAG is a good investment or not. Therefore, the following points can be considered before making an investment in BlockDAG:

Positives

As a new technology, BlockDAG could offer significant growth if it gains traction and achieves its ambitious goals. Added to it, if successful, BlockDAG could outperform traditional blockchains in terms of scalability and transaction speed, potentially attracting wider adoption. Reduced transaction fees compared to some blockchains could attract users and developers. BlockDAG also boasts of making mining accessible to anyone from anywhere. Its mobile mining could increase network participation and decentralization.

Negatives

Apart from the benefits, one must remember that BlockDAG is a relatively new technology. As a new and relatively unknown project, BlockDAG’s price could be highly volatile, leading to significant losses. Additionally, the viability and security of BlockDAG technology are yet to be fully proven. The project is still in its early stages, and there might be limited public information available to make informed investment decisions.

BlockDAG also faces competition from established blockchain projects and other DAG-based initiatives. Therefore, investing in BlockDAG is a high-risk, high-reward proposition. Due to its early stage of development and numerous uncertainties, it carries significant risks as well as it could be highly attractive due to its new technological offerings. Therefore, before investing, it is advisable to thoroughly research the project, understand the risks involved, and only invest what you can afford to lose.

BlockDAG Price Prediction: How to Buy BDAG Token?

BDAG is currently available for purchase only via a presale offering. To buy BDAG tokens, the following steps have been suggested on the official BlockDAG website:

• Connect your Crypto Wallet

BlockDAG suggests Metamask wallet to be installed on your wallet or one of the wallets supported by Wallet Connect. The recommended wallet by BlockDAG is Trust Wallet or Plus Wallet. The Wallet needs to be connected by Clicking on the Connect Wallet option on the website.

• Buy BlockDAG coins Using Multiple Options

Once the wallet is connected, the user will have 3 options. 1. Buy ETH, BNB & USDT with Apple Pay, Google Pay, or a Card. Use this ETH, BNB, or USDT to purchase BDAG Coins. 2. Buy BDAG by swapping your ETH or BNB for BlockDAG Network. 3. Buy BlockDAG with USDT.

Once the transaction is completed, You will be airdropped your BlockDAG coins after the end of the presale. The exact date and time of the airdrop will be revealed closer to the time of the BDAG launch.

BlockDAG Past Updates

• Feb 26th: BlockDAG security audit have completed. BlockDAG’s first security audit is complete with Halborn, and the Certik audit is now in progress.
• Feb 22nd: BlockDAG’s LISTING1000 is live, giving you 350% extra BDAG. BlockDAG announced that with 10 exchange listings around the corner, this is the chance to secure even more BDAG before we GO GLOBAL.
• Feb 18th: BlockDAG is witnessing a surge in engagement. The number of active users on TG Tap Miner has exploded beyond 200K. Additionally, LASTCALL700 is about to end. The promo code offers a 350% BDAG bonus on purchase.
• Feb 14th: BlockDAG raised close to $195M in presale.
• Feb 12th: BlockDAG announced the addition of new payment methods. Additionally, the FinaCall700 Promo is expiring soon. The promo gives the buyers an opportunity to earn a 350% bonus.
• Jan 29th: BlockDAG’s LAUNCH300 offer ends on January 31st, giving buyers the opportunity to receive a 300% bonus. Investors who purchased BDAG before June will also have a chance to win this significant bonus, which is part of the Inter Sponsorship Giveaway.
• Jan 23rd: BlockDag’s Earn Big with BlockDAG’s Epic Offers ends on January 26th, The scheme offers 10% USDT instant cashback. To get the offer, buyers will need to use LAUNCH300 to 3x their BDAG instantly on any purchase and boost their wealth.
• Jan 6th: BlockDAG announced that only 6 days are left for the BlockDAG New Year Raffle contest to end. Up to $1M in USDT coins are up for grabs. The contests offers participants a chance to win massive rewards across three exclusive tiers: Bronze, Silver, and Gold. Here’s how it works:
• December 20th: BlockDAG presale 26th batch is selling out faster and a new mystery chest has been just released. Additionally, BlockDAG introduced a new promo code BDAG400. Using this code buyers can earn up to 250% extra on BDAG purchases.
• December 17th: BlockDAG’s $1M BDAG Giveaway is coming to an end. 50 winners will receive $20K in BDAG coins each. The giveaway program will end in the next 7 days. Winners will be announced on Telegram and Twitter on December 26th, 2024.
• December 10th: BlockDAG announced a $1 Million Giveaway. To be eligible for the giveaway, interested participant will need to engage with BlockDAG on their social media platforms and complete as many tasks, and boost their chances of winning. 50 winners will share the $1M giveaway and participating in the BlockDAG’s presale is mandatory in order to unlock the chance of being one of the 50 winners, make sure to hold at least $100 worth of BDAG. Winners will be announced on Telegram and Twitter on December 26th, 2024.
• December 2nd: BlockDAG’s BlackFriday150 bonus ends today. Using the BLACKFRIDAY150 code, traders can avail 150% bonus on their purchase.
• November: BlockDAG has achieved significant global milestones, including a community of 63,000 members on Telegram, 21,400 followers on Instagram, 18,200 members on Discord, 163,000 followers on X, and 42,000 followers on Facebook. Additionally, BlockDAG’s X1 Miner now has 201,000 active users, while TG Tap Miner boasts over 71,000 users. BlockDAG announced that their team has undertaken a comprehensive testing phase for the ASIC Miner hardware, aimed at ensuring flawless compatibility with the BlockDAG ecosystem. BlockDAG’s team implemented a systematic error-handling framework across multiple critical modules within BlockDAG. BlockDAG updated that Mainnet development is officially done and the security audits for the BlockDAG contract are on their way.
• October: BlockDAG’s presale raised nearly $105 million. BlockDAG announced that its next keynote update will be released on December 15th, 2024. It has been announced that the shipment of BDAG miners is scheduled to begin towards the end of 2024 and the start of 2025. BlockDAG’s main brand launch went live. Along with this, BlockDAG’s new website went live. BlockDAG also launched its new brand video. BlockDAG announced that the minnet development will be complete on November 14.
• September: BlockDAG gears up for Testnet launch. With the testnet launch, users will be able to view every single block in the BlockDAG Blockchain with full transparency. BlockDAG introduced a new UTXO (Unspent Transaction Output) account schema that allows efficient tracking of balance changes across transactions. BlockDAG announced that its Dev Release 110 was live. BlockDAG has announced a partnership with renowned football clubs Inter Milan and Borussia Dortmund.

Note: Information about Presale Cryptos is often quite limited and sketchy. Many Presales recently have been rug pulls or crashed soon after launch. While it is best to do thorough research, it is also wise to limit your exposure to the bare minimum. The statistical odds of an investor losing their investment in a presale are quite high.