The cryptocurrency community eagerly anticipated the BlockDAG team reveal, led by the visionary CEO Antony Turner, highlighting their dedication to transforming the blockchain arena. This team unveil was linked to a remarkable achievement in the presale, reaching $64.2 million, demonstrating their strong market presence and potential to hit the $600 million target.
In recent developments, Avalanche has simplified the process for game developers by reducing financial burdens. This move allows for a more varied gaming environment. Conversely, the NEAR Protocol saw a significant price drop last week, prompting traders to exit their positions due to a lack of funds.
Avalanche Streamlines Blockchain Gaming
The latest update from Avalanche introduces a flexible payment system for Layer 1 networks, thereby reducing costs and simplifying blockchain integration for game developers. This change means that developers no longer need to maintain a substantial reserve of AVAX for validators, promoting more innovation within the gaming sector.
The update also facilitates the creation of dedicated blockchains for gaming, ensuring interoperability across the Avalanche network and allowing for fluid movement of in-game assets across different games. This initiative by Avalanche aims to diversify and enrich the blockchain gaming landscape.
NEAR Protocol Struggles with Rising Liquidations
The price of NEAR Protocol has drastically fallen over the past week, reaching a low point on Wednesday. This decline triggered a rise in long liquidations, with traders having to close their positions due to inadequate funds. Currently, NEAR has seen a nearly 5% decline over the week.
Despite these challenges, the demand for long positions remains strong, as indicated by a positive funding rate. However, negative market sentiment persists, influencing NEAR’s performance. A potential shift towards a more positive outlook could prompt a recovery to monthly highs.
BlockDAG’s Leadership Vision & Swiss Foundation Plans
The highly anticipated launch of the BlockDAG executive team has finally taken place, introducing their groundbreaking approach to the cryptocurrency market. During a recent discussion, CEO Antony Turner offered deep insights into BlockDAG’s functionalities and the strategic direction the team plans to take.
With more than two decades of experience in various technology fields, Antony Turner entered the cryptocurrency industry in 2018 by co-founding SwissOne Capital. This fund, focused on the top 50 cryptocurrencies, was initiated during the tough crypto winter of 2019 but continued to thrive and expand its offerings.
Later, as Chief Operating Officer at a digital assets firm, Turner played a crucial role in getting the company listed on the Canadian Securities Exchange. He advocates for the convergence of cryptocurrency with traditional financial systems, noting that “the industry has evolved significantly, as have the skills necessary for success.”
In his role as CEO, Turner views his leadership similarly to that of a sports team captain, carefully assembling and leading a high-caliber team to overcome challenges and plan for long-term victories. BlockDAG was inspired by the accomplishments and limitations of predecessors like Bitcoin and Ethereum. Turner noted, “Entering a market that already recognizes the need and where technology has stabilized offers new players a considerable advantage.”
BlockDAG combines outstanding innovations from various blockchains, focusing on advancing speed, security, and decentralization. The network aims to tackle the inherent shortcomings of current blockchain technologies and propel them forward for broader benefits. With steadfast dedication, the BlockDAG presale has successfully surged to $64.2 million, with a total of 12.5 billion coins now sold.
Currently, BDAG coins are priced at $0.017 in the 21st batch, aiming ambitiously for the $600 million mark. BlockDAG is rapidly emerging as a prime investment opportunity in the cryptocurrency market, distinguished by its innovative leadership and commitment to revolutionizing blockchain technology.
BlockDAG: A Prime Investment Opportunity
BlockDAG, merging speed, security, and decentralization, aims to overcome the existing limitations of blockchain technology. As a standout investment, especially considering the developments in Avalanche and the trends in NEAR Protocol, BlockDAG presents itself as a compelling choice for investors. With the presale price at $0.017 in Batch 21 and a vision to reach a $600 million goal, BlockDAG is solidifying its position in the market.
Join BlockDAG Presale Now:
Website: https://blockdag.network
Presale: https://purchase.blockdag.network
Telegram: https://t.me/blockDAGnetworkOfficial
Discord: https://discord.gg/Q7BxghMVyu
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