BlockDAG's Major Update Raising The Bar In Cryptocurrency

Key Takeaways
  • BlockDAG reaches $60.5M in presale and sells 9,800 miners, showcasing strong investor confidence and community support.
  • The X1 Miner App update enhances functionality, conserves battery, and offers a user-friendly experience, boosting mobile mining accessibility.
  • BlockDAG gears up for a major team reveal on July 29, expected to drive transparency, trust, and investor confidence in the project's future.
07-27-2024 Sakshi Jain
BlockDAG's Major Update Raising The Bar In Cryptocurrency

BlockDAG's Big Week: $60.5M Presale, App Updates, & Huawei Launch

BlockDAG, a rising star in the cryptocurrency market has made significant strides this week, unveiling crucial updates and gearing up for a highly anticipated team reveal. These developments signal a robust growth trajectory and an exciting future for BlockDAG and its community.

Major Updates in BlockDAG

BlockDAG Reached $60.5 Million in Presale and Sold 9,800 Miners

BlockDAG presale has reached an impressive $60.5 million, reflecting strong investor confidence and interest. The sale of 9,800 miners also depicts the support of the community towards the project. This financial achievement puts BlockDAG on the map in the cryptocurrency market as it now sets the platform for the company’s future success. The presale success is due to the features and the mobile mining application known as X1 Miner App developed by BlockDAG which has made mobile mining possible and lucrative to users all over the world.

Released a Major Update for the X1 Miner App

This week also saw the release of a significant update for the X1 Miner App, enhancing its functionality and user experience. The app, which turns smartphones into BDAG coin mining machines, now features an energy-efficient algorithm that conserves battery and data. The users can mine up to 20 BDAG per day and the earnings can be augmented through a refer-and-earn model where the rates of mining are increased when the referred users are active. 

The update also contains a simple and fast registration procedure that will allow new users to create their accounts and begin mining BDAG coins. The enhanced app experience aims to attract more users and sustain the growing interest in BlockDAG's mobile mining solution.

Launched X1 Miner on Huawei App Gallery

X1 Miner App of BlockDAG is now available on the Huawei App Gallery and has been officially released. This step makes the application more accessible to the public, which would enable more people to join mobile mining. The app has a short and simple registration and this allows users to create their accounts and start mining BDAG coins. 

As seen with the Huawei launch, BlockDAG is again at the forefront, opening up the cryptocurrency mining space, and making it more accessible and widespread. The fact that BlockDAG is now available on both the Apple Store and on Huawei App Gallery proves that the company is concerned with the availability of the app and the convenience of its users.

Gained 100K Entries to the Giveaway

The community is still active with BlockDAG as shown by the 100K entries in the last giveaway. Such a level of participation is indicative of the interest that people have to be associated with BlockDAG and the project in particular. Being a kind of promotion aimed at active users, the giveaway has proven to be effective in creating interest in BlockDAG and strengthening its position in the sphere of cryptocurrencies. This increase in activity proves that the project has a way of reaching out to its target audience and creating a fan base.

BlockDAG Team Reveal Countdown Begins

A major highlight for BlockDAG is the upcoming team reveal on July 29. This event will introduce the visionary CEO, executive members, and advisory council responsible for steering BlockDAG's ambitious mission. The anticipation surrounding this announcement has sparked discussions across the crypto community, with investors and enthusiasts eager to connect with the masterminds behind the project. 

The excitement around the team reveal has contributed to BlockDAG's presale success, pushing it to a staggering $60.5 million. This financial milestone not only reflects the project's viability but also propels it forward with robust backing. The team reveal is expected to provide insights into the leadership driving BlockDAG's innovative strategies and growth plans. 

Conclusion

BlockDAG's recent achievements, including the successful presale, major updates to the X1 Miner App, and its launch on the Huawei App Gallery demonstrate the project's commitment to innovation and growth. The community's strong engagement, as seen in the giveaway entries, further emphasizes BlockDAG's appeal.

BlockDAG’s latest Development Release 78 underscores the project’s relentless pursuit of innovation and user satisfaction. The release includes the successful launch of the X1 Miner app on the Amazon Store, notable progress in the development of the Scope 1 blockchain explorer, and essential updates to the Android APK. These updates ensure users have access to the latest features and improvements, reflecting BlockDAG’s commitment to delivering a seamless and efficient user experience.

Read More: Lumoz: The Modular Blockchain Network Pushing Boundaries

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