Crypto projects often present ambitious plans, but few match progress with action the way BlockDAG has. In just ten months, the team has secured over $209 million through its presale and now sets sights on a $600 million target. Achieving that would place it among the most successful Layer-1 fundraising efforts in blockchain history. Its third keynote didn’t just celebrate this figure—it laid out a clear vision for what comes next. With the Beta Testnet already active and a worldwide developer initiative gaining ground, BlockDAG is moving beyond planning—it’s putting the pieces together.
$209M Raised & Aiming for $600M—A Well-Funded Strategy
Not many crypto ventures can say they’re this well-financed while continuing to grow. BlockDAG has surpassed $209 million in presale funding and is now counting down to $600 million—a goal the team believes is achievable based on current investor interest.
“This isn’t just about raising funds—it’s about fueling technology, growth, and the next chapter of blockchain,” said CEO Antony Turner. “Investors view BlockDAG as more than a crypto project—it’s the foundation for decentralized infrastructure.”
The money raised is being used to enhance the protocol, perform security reviews, reward validators, and onboard developers. This approach puts utility and technical strength at the forefront, not just hype about price movements.
Beta Testnet Rollout Highlights Real-World Performance & User Involvement
BlockDAG’s Alpha Testnet previously processed 1.2 million transactions across 100+ community-operated nodes. But the launch of the Beta Testnet marks a more visible and interactive stage. The keynote highlighted several upgrades—faster confirmations, a more detailed node explorer, and a no-code token/NFT creation tool for users to try out.
“With the beta live, we’ve taken a big leap forward,” said Turner. “The core chain now runs at twice the speed, and our explorer is far more capable.”
To mirror real conditions and test how vesting works, every investor has been given 10,000 testnet tokens, released weekly over four weeks using a vesting contract. Even more engaging, BlockDAG has made the testnet a challenge-based experience.
The ten most active miners, top ten wallets, and largest token holders will each earn $2,000 in BDAG tokens—not testnet versions, but actual tokens. That’s $60,000 in total rewards, all while testing key components of the smart contract system that will support the final launch.
Developer Funding & Hackathons Spark Builder Activity
BlockDAG is doing more than educating developers—it’s giving them resources. Through its Developer Grants Program, the project offers funding, guidance, and exposure to teams building within the ecosystem. These grants support everything from solo developers to full-scale initiatives involving tools, DeFi apps, and broader infrastructure.
“Strong ideas need solid support,” said Steven Clarke-Martin. “We’re not just getting developers—we’re helping them bring their projects to life.”
To bring in even more contributors, BlockDAG is hosting a Hackathon Series with up to $100K in prizes. Both in-person and online events will feature workshops, mentoring, and live project demos, giving participants a chance to win funding and be featured in the ecosystem.
These programs are meant to make sure that when the mainnet goes live, there will already be a rich set of dApps, DeFi tools, staking platforms, and governance features ready to use—unlike many launches that start with minimal functionality.
Countdown to Mainnet—Launch Plan Locked In
With all systems moving ahead, BlockDAG has confirmed that the mainnet will go live later this year. Turner closed the keynote by clarifying that this launch won’t be a simple or rushed release. Instead, the mainnet will arrive with full validator infrastructure, built-in smart contract support, and a toolbox made for real use cases.
“We’re aligning every detail—from the blockchain core to tools like the explorer, developer kits, and governance systems,” Turner stated. “This is a launch designed to make an impact.”
Once the mainnet is live, BlockDAG will also kick off its listing campaign, aiming to appear on at least 10 centralized exchanges. The plan includes one major exchange within the first two months of launch.
Key Insights!
Keynote 3 didn’t just preview what’s coming for BlockDAG—it confirmed what’s already happening. The testnet is live, user rewards are real, and developer programs are already producing results. With $209 million raised and momentum building toward $600 million, this project is staying focused on real execution.
While many crypto teams rely on press releases and promises, BlockDAG is showing what action looks like—and that’s exactly what today’s market wants to see.
- Presale: https://purchase.blockdag.network
- Website: https://blockdag.network
- Telegram: https://t.me/blockDAGnetworkOfficial
- Discord: https://discord.gg/Q7BxghMVyu
Disclaimer: This is a sponsored press release, and is for informational purposes only. It does not reflect the views of CryptoTotem, nor is it intended to be used as legal, tax, investment, or financial advice. The author or the publication does not hold any responsibility, directly, or indirectly, for any damage or loss caused or alleged to be caused by or connected with the use of or reliance on any content, goods or services mentioned in this article. Readers should conduct their own research before taking any actions related to this company.