BlockDAG Raises $59.5M in Presale, Team Reveal Set for July 29

BlockDAG's Jaw-Dropping Performance

On July 20, BlockDAG, the world's most advanced layer 1 blockchain, successfully raised over $59.5 Million in its presale, marking a significant milestone towards transforming the blockchain industry. Amidst the market volatility affecting established cryptocurrencies like Cardano and Avalanche, the layer 1 blockchain has scheduled a team reveal event for July 29.

This event is supposed to enhance investor confidence and offer greater transparency. BlockDAG's coin (BDAG) has experienced a remarkable 1400% increase since Batch 1, with the presale raising $59.5 million. BlockDAG news was shared over X (formerly Twitter).

Source: X

Additionally, the network has sold over 9,500 miners, significantly boosting the platform's growth. The upcoming event will showcase the leadership team behind the blockchain's impressive rise and aim to set new industry benchmarks.

What to Expect From the Team Reveal Event? 

BlockDAG's eagerly awaited team reveal is scheduled for July 29, generating significant excitement in the crypto market. The community is keenly anticipating this event, as the identities of the project's key players have been kept under wraps until now. 

This reveal is expected to enhance transparency and bolster confidence among investors and the broader crypto community, potentially shifting market dynamics. This announcement aligns with BDAG's remarkable 1400% surge. By Batch 19, the BDAG price was $0.014, and entering Batch 20, it had skyrocketed by 1400% from the Batch 1 price, now at $0.015.

The event on July 29 will introduce the CEO, executive team, and advisory board members, offering deeper insights into the leadership driving the platform's rapid ascent. The entire crypto market is closely observing this development. layer 1 blockchain's rising value and the upcoming team reveal could establish new benchmarks for project legitimacy and transparency. 

This market shift underscores the importance of a strong, transparent team in building confidence and fostering growth in the volatile cryptocurrency landscape.

More About BlockDAG

BlockDAG motives to enhance blockchain scalability and transaction speed and permits multiple blocks to be processed simultaneously. Uncovering the tokenomics, it has a total supply of 150 Billion and applied a halving event every 12 months to maintain the BDAG scarcity.

Source: BlockDAG

66% of the maximum supply which is 98,500,000,000 is reserved for the community, 33% (50,000,000,000) for presale, and the remaining 1% (1,500,000,000 ) is reserved for the team.

Conclusion 

BlockDAG's successful $59.5 million presale and the upcoming team reveal event on July 29 mark significant milestones for the blockchain. These developments are expected to boost investor confidence, enhance transparency, and set new industry standards, highlighting the importance of strong leadership and innovation in the rapidly evolving cryptocurrency landscape.

Also Read: ChatGPT Predicts Notcoin Price To Reach $33 If Bitcoin Hits $100K