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BlockDAG’s Presale Crosses $208M as Keynote 3 Goes Live – Mainnet Launch News & Testnet Expansion Takes Center Stage

March 28, 2025 By CryptoReporter

The crypto world is filled with roadmaps, but few deliver real-time progress the way BlockDAG has. In just ten months, the project has raised over $208 million through its presale and is now officially targeting $600 million—a figure that would make it one of the most successful Layer-1 fundraising campaigns in blockchain history. The team’s third keynote not only confirmed this new milestone, but also laid out a precise vision for the final stages before mainnet. With its Beta Testnet now live, a global developer program in motion, the protocol is no longer preparing for the future—it’s building it.

From $208M to $600M—The Roadmap is Financially Backed

Few crypto projects can claim they’re fully funded and scaling. BlockDAG not only reached $208 million in presale contributions, but it has now launched a countdown toward $600 million—a goal the team says is well within reach given current investor traction.

“This isn’t just capital—it’s fuel for innovation, expansion, and the next evolution of blockchain technology,” said CEO Antony Turner. “Investors don’t just see BlockDAG as another blockchain project—they see it as the future of decentralized infrastructure.”

The funds raised are being funneled into protocol development, security audits, validator incentives, and developer onboarding initiatives. This strategy reflects the project’s intent to lead with utility and architecture, not price hype.

Testnet Expansion Confirms Performance and Community Engagement

BlockDAG’s Alpha Testnet quietly processed 1.2 million transactions across 100+ community-run nodes, but the Beta Testnet, now live, marks a more public phase of network testing. The keynote revealed a range of performance upgrades, including faster transaction confirmation, real-time node explorer features, and a token/NFT creation wizard that allows users to interact with the testnet without writing a line of code.

“With this beta version you can expect so much more,” Turner said. “Our core blockchain is running twice as fast, and we’ve made the explorer vastly more powerful.”

In an effort to simulate real network behavior and stress-test vesting mechanisms, every BlockDAG investor has received 10,000 testnet tokens, distributed weekly over four weeks via a vesting contract. But more importantly, BlockDAG has turned its testnet into a gamified experience.

The top 10 miners, top 10 active wallets, and top 10 largest balances will each receive $2,000 in BDAG—real, not testnet tokens. It’s a total of $60,000 in rewards for the most engaged users, all while testing the smart contract architecture that will power the launch.

Developer Grants & Hackathons Drive Ecosystem Growth

BlockDAG didn’t stop at education. It’s funding innovation through its Developer Grants Program, which provides capital, mentorship, and network exposure to teams building on the platform. Grants range from small individual builder support to large ecosystem-scale investments in tools, dApps, DeFi protocols, and more.

“Great ideas deserve great backing,” said Steven Clarke-Martin. “We’re not just attracting developers—we’re equipping them to ship.”

To accelerate global engagement, BlockDAG also announced a Hackathon Series, offering up to $100K in prizes at both virtual and physical events. Workshops, mentorship sessions, and live demo showcases will allow projects to win funding and ecosystem placement.

These programs are designed to bootstrap a robust dApp marketplace by launch. Unlike many protocols that go live with little utility, BlockDAG’s plan is to debut with DeFi tools, staking options, governance features, and developer-led apps already functional.

Mainnet Nears, Launch Strategy Finalized

With every infrastructure component now in motion, the long-anticipated mainnet is confirmed for release later this year. During the keynote’s final segment, Turner emphasized that this won’t be a “minimum viable product” deployment. Instead, the full mainnet will include validator-ready mining infrastructure, integrated smart contract support, and a suite of tools built specifically for real-world adoption.

“We’re orchestrating every element—from our blockchain to supporting tools like our explorer, development environments, and governance,” Turner said. “This will be a launch for the record books.”

Mainnet launch will also activate BlockDAG’s listing campaign, targeting at least 10 centralized exchanges, including a top-tier platform within the first two months post-launch.

Final Thoughts

BlockDAG’s Keynote 3 didn’t just outline what’s coming—it confirmed what’s already here. A live testnet, real incentives, global developer programs, and an education pipeline feeding directly into the mainnet ecosystem. All of it backed by $208 million in capital, and an ambitious—but increasingly realistic—goal of $600 million before launch.

As most crypto projects focus on announcements, BlockDAG is focusing on execution. And that’s what the market is paying attention to now.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

Filed Under: General News, News Tagged With: BlockDAG

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