Explore why analysts and institutions are backing BlockDAG’s VC-free approach, CertiK audit, and phased rollout plan with exchange support already lined up.
In late 2022, Kaspa quietly shook up the Layer 1 blockchain scene. While Ethereum and Solana were pushing smart contracts and transaction speed, Kaspa took a simpler route, focusing on a pure Directed Acyclic Graph (DAG) for faster and more efficient validation. Though initially met with doubt, Kaspa’s simplicity won over the market, quickly reaching a multibillion-dollar valuation and sparking a wave of DAG-based projects.
Today, BlockDAG is following in those footsteps. However, BlockDAG isn’t just another DAG-based system. It blends Bitcoin’s proof-of-work (PoW), DAG’s scalability, and Ethereum’s smart contract compatibility to form something entirely new. This isn’t a mere imitation, it’s a unique combination that might be setting up for a billion-dollar Layer 1 success.
Behind BlockDAG’s $600M Presale Goal
Raising $600 million in a presale is a tall order. Some might argue it’s overly ambitious. However, for a project that’s building from the ground up, including everything from consensus mechanisms to dApps, this figure is far from arbitrary. BlockDAG’s presale goal isn’t about inflating its valuation but ensuring it has the resources to launch strong.
Already, BlockDAG has raised over $313 million, with 22.8 billion BDAG coins sold. What sets this apart is how the capital is being used:
- Securing liquidity on over 20 exchanges for smooth price action on launch day
- Building the PoW-DAG consensus and node infrastructure
- Offering developer incentives, grants, and the necessary tools to deploy smart contracts
- Forming strategic partnerships, including one with Inter Milan and another U.S.-based sponsorship
Overall, this presale isn’t just about hype, it’s about laying a solid foundation and avoiding the liquidity issues that other Layer 1 projects have faced post-launch.
How BlockDAG Merges PoW and DAG for a Winning Edge
BlockDAG’s innovation lies in how it integrates PoW into a DAG architecture. While DAG by itself can handle asynchronous transaction validation, it sometimes faces issues like lack of finality and decentralization. BlockDAG solves this by introducing PoW, not as a legacy feature but as a necessary trust layer.
This hybrid system offers several advantages:
- Bitcoin-like security, ensuring trust and resilience
- Scalability of up to 15,000 transactions per second (TPS) thanks to DAG’s parallel processing
- Decentralization through open mining participation via both mobile and hardware devices
- Energy efficiency, thanks to optimized mining systems (X10, X30, X100)
By merging PoW with DAG, BlockDAG offers an effective combination of speed, security, and decentralization, something still rare among Layer 1 projects.
Developing Ecosystem and Infrastructure Together
While Kaspa focused primarily on infrastructure, BlockDAG is building its ecosystem alongside its technical development. Some notable achievements include:
- A no-code dApp builder already live on testnet
- Ethereum-compatible environments for seamless contract migration
- A low-code smart contract interface for those with no technical expertise
- A growing community of 2 million+ miners through the X1 app
- Testnet deployment, allowing for real-world experimentation
This means that by the time BlockDAG’s coin hits the market, the ecosystem will already be in motion. Developers, miners, and users will be ready for the launch.
How BlockDAG Could Reach $1 Billion Post-Launch
Crypto speculation is rampant, but with a structured approach, we can make realistic price projections for BlockDAG. What would it take to hit a $1 billion market cap?
- Token Supply: Assuming 50 billion BDAG coins in circulation after launch.
- Target Price: A price of $0.02 would bring BlockDAG’s market cap to $1 billion.
- Current Price: BlockDAG is priced at $0.0018 until June 20, which offers an eye-popping 2,660% upside to its confirmed listing price of $0.05.
Even if the coin lists at $0.05 and settles between $0.02–$0.04, early investors stand to benefit significantly, if the network gains sustained traction.
Why Institutions Are Betting Big on BlockDAG
BlockDAG isn’t just getting attention from retail investors. Many institutional buyers have been eyeing its presale. Why? Because BlockDAG:
- Offers a fresh take on Layer 1 architecture
- Has passed rigorous security audits, including CertiK approval
- Has a transparent, phased execution plan with clear timelines
- Is not dependent on venture capital, ensuring its independence
This credibility is why BlockDAG is seeing high exchange interest even before launch. Five tier-1 exchanges have confirmed listings, and a 7-day exclusive rollout is planned for organic price discovery.
What’s Next?
It’s tempting to label BlockDAG as “the next Kaspa,” but this comparison doesn’t fully capture its potential. Kaspa demonstrated that DAGs can scale, but BlockDAG is going a step further by proving that DAG can serve as the backbone for a fully decentralized economy. With its hybrid PoW-DAG model, mobile mining support, and a comprehensive $600 million capital strategy, BlockDAG is showing that it’s thinking long-term.
The presale has already garnered significant support, and if the execution continues as planned, reaching a $1 billion valuation in the next cycle seems very achievable. Right now, the $0.0018 price is still available, but only until June 20. After that, the countdown to launch begins.
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/is-the-next-kaspa-here-inside-blockdags-ambitious-roadmap-what-it-means-for-layer-1-cryptos/