BlockDAG has recently emerged in the cryptocurrency space. The project uses directed acyclic graph (DAG) technology to provide a scalable and efficient alternative to traditional blockchain systems.

This approach has gained attention for its ability to accommodate higher transaction volumes and reduce latency, making it an attractive option for a variety of applications. In addition, the project’s recent marketing campaign has also attracted considerable attention.

Marketing activities and strategic initiatives
BlockDAG recently held a dynamic marketing event in London’s Piccadilly Circus that attracted media attention. The high-visibility event celebrated the project’s listing on CoinMarketCap, marking a milestone in its journey towards wider recognition in the cryptocurrency market.

Following the event, the project received significant attention from potential investors and users.

The CoinMarketCap listing is an important validator of BlockDAG’s potential and reliability. It increases visibility for the project and provides a transparent platform for investors and users to track its performance, increasing trust and engagement.

In terms of fundraising, BlockDAG has achieved impressive results and accumulated a large amount of funds, reflecting the strong trust of the market and the interest of investors. The project raised $25.2 million in the pre-sale phase, with the token price of $0.007.

The team has used the funds for further development and expansion, ensuring the sustainability and long-term success of the project. In addition, the project claims to be able to achieve speeds of 10,000-15,000 transactions per second.

Furthermore, BlockDAG’s white paper claims to combine low fees with “nearly instant confirmations.”

Understand BlockDAG and its technical foundation
BlockDAG is a layer-one blockchain network that aims to address the limitations of traditional blockchains. The project claims its approach balances speed, security, and decentralization without compromising democratic governance, facilitating enhanced transaction throughput.

The core technology behind BlockDAG, directed acyclic graph, is fundamentally different from traditional blockchains. Instead of a single linear chain, DAG allows multiple blocks to coexist at the same level and be processed simultaneously.

This structure not only increases transaction capacity, but also significantly improves the speed at which blockchain processes and records transactions.

By allowing multiple blocks to reference each other, DAG eliminates the risk of block waste and reduces the possibility of bottlenecks, making the network superior in scalability and efficiency.

Token economics plays a key role in maintaining the sustainability of BlockDAG. The network has a total of 150 billion tokens and allocates them strategically to support various ecosystem participants.

The team has reserved approximately 33% tokens, or 50 billion tokens, for pre-sale, providing early supporters with the opportunity to invest at a favorable price. In addition, 66% supply is used for community initiatives, including providing rewards for miners who secure and verify network operations.

This allocation strategy ensures a fair distribution and encourages active community participation, which is critical to the health and expansion of the network. In addition, a small portion of 1% is reserved for the team to align their interests with the long-term goals and success of the project.