With the $600 million mark in sight and Genesis Day confirmed for November 26, BlockDAG has issued its clearest update yet, addressing a wave of community questions that have surfaced during the final stage of its record-breaking presale. As the project prepares for mainnet launch and public trading, the team has reaffirmed its roadmap with detailed answers around staking, testnet development, whale protections, miner functionality, and the highly anticipated exchange rollout.
BlockDAG’s leadership emphasizes that this is not a project built on hype or speculation but one rooted in disciplined delivery and complete ecosystem control, something made possible by its founder-led, execution-first structure. From testnet milestones to app deployment and token release mechanics, this update answers everything investors need to know before launch.
Leadership, Structure, and Transparency
BlockDAG’s operational framework is headed by Antony Turner, along with his executive team, who collectively manage all major decisions across departments like Technology, Compliance, Finance, and Operations. Internal processes such as treasury management and exchange coordination are secured with multi-sig authorizations, ensuring transparency and security in fund handling. All smart contracts, configuration files, and live metrics are publicly accessible via the BlockDAG GitBook and official Explorer, a response to growing requests for on-chain visibility ahead of the mainnet.
The team reiterated that progress is best shown through product delivery, not community debates. With that in mind, all communications are limited to their verified X account and official website, ensuring clarity and avoiding misinformation cycles.
Testnet Awakening: What Makes It Different?
The latest iteration, called the Awakening Testnet, introduces a more mature blockchain infrastructure compared to the earlier Primordial release. Key upgrades include the removal of the UTXO model in favor of full EVM compatibility, plus the integration of Account Abstraction and Contract Upgradability, all necessary to support future smart contract and DeFi use cases. Additional enhancements like NFT transaction modules and token transfer tracking in the Explorer bring the ecosystem closer to its full utility state.
BlockDAG clarified that this testnet is a live proving ground for mainnet stability. It’s not just a development phase but the foundation for final stress tests, QA cycles, and backend optimization ahead of Genesis Day.
X1 App Rollout and Mining Questions Answered
Android users can now access the final version of the X1 Miner app, which is already mining live on the Awakening Testnet. For iOS users, the app is currently under review by Apple’s App Store, with the team in direct contact with Apple to expedite the process. This staged rollout is deliberate to ensure global availability ahead of the public launch.
As for why some users report faster mining than others, the team pointed to a combination of factors, hardware performance, block propagation times, and network depth all contribute to slight variations in early mining speeds. These are natural in a permissionless, hardware-linked system, and all miners will eventually sync to the same reward architecture upon mainnet activation.
Will There Be Staking and Validator Rewards?
Yes. Post-mainnet, staking and validator participation will be rewarded via airdrops based on user balance and eligibility. More detailed staking protocols are being finalized and will be announced after launch. The reward mechanism is designed to prioritize early participants while maintaining long-term ecosystem incentives.
Progress Bar, Whale Controls, and Misconceptions
Some users have questioned why the mainnet progress bar hasn’t updated in recent weeks. The team clarified that the bar reflects verified milestones, not daily developer activity. While backend work continues daily, the visual tracker is only updated when a major module is completed, tested, and approved internally.
Concerns over whale activity at launch were also addressed head-on. BlockDAG confirmed that a vesting schedule will be in place at launch to prevent mass dumping by large holders. The structure is designed to protect price stability during the crucial post-listing period.
$600M Target: Still the Gatekeeper to Launch
BlockDAG reaffirmed that its launch is conditional on hitting its $600 million presale goal, a milestone originally outlined in its February 2024 Go Live Reveal and reiterated in multiple media outlets including CoinCodex. This isn’t just a symbolic number; the $600M raise allows for deep liquidity, exchange coordination, miner distribution, and immediate ecosystem bootstrapping at scale.
The project is currently in Batch 31, with over $425 million raised, and BDAG coins are now priced at $0.0015. This pricing structure reflects the final discount tier before public trading begins, offering late-stage investors one last entry point ahead of Genesis Day.
Once the presale is complete, listings will begin within six weeks, with liquidity deployment aligned across partner exchanges. This timeline is designed for maximum stability, ensuring that BDAG’s entry into public markets is seamless and backed by full operational readiness.
What Comes Next?
After the Awakening Testnet and miner rollout, the final checklist includes three items:
- Completing the presale to hit $600M
- Finalizing internal testing for mainnet release
- Coordinating exchange listings with strategic liquidity plans
This final lap has been titled the “Acceleration Phase” by the team, signaling that no further delays or pivots are planned. The roadmap has stayed unchanged since February, and every new milestone only strengthens the case that BlockDAG is built to last.
The Last Line
With just weeks to go before Genesis Day on November 26, BlockDAG has made its intentions crystal clear. This FAQ release is not just a PR move, it’s the team’s way of showing that the foundation is already laid, the community is aligned, and the mission is operational. Whether you’re an early miner, a referral evangelist, or a new investor watching from the sidelines, the message is the same: BlockDAG will only go live once it has raised the full $600 million, stabilized all systems, and prepared the ecosystem for sustainable growth. The final stretch is here, and it’s not just about momentum, it’s about precision execution.
Presale: https://purchase.blockdag.network
Website: https://blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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