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  • It’s Friday! This Means It’s Time For Our BlockDAG #WeeklyRecap

It’s Friday! This Means It’s Time For Our BlockDAG #WeeklyRecap

Release Date: August 9, 2024

It’s Friday! This Means It’s Time For Our BlockDAG #WeeklyRecap

Hey Medium family! As the week draws to a close, it’s time for our Friday tradition at BlockDAG Network — It’s time to hit the pause button, take a breath, and bask in the glow of everything we’ve accomplished this week and all the milestones we’ve achieved together.

 

Whether you’re a dedicated member of the #BlockDAGArmy or a curious observer, this in-depth look at our week will give you a comprehensive understanding of the BlockDAG Network project and why we are becoming the talk of the blockchain universe.

Monday: The #BlockDAGDipDive

This past Monday, the cryptocurrency world was shaken by a sharp decline in market prices, creating widespread concern among investors. Bitcoin fell to around $60k, while Ethereum dropped to approximately $2,600. This drop was part of a broader sell-off that affected the entire crypto market, with major cryptocurrencies experiencing losses. But BlockDAG did not despair and, instead, we launched the #BlockDAGDipDive illustrating how BlockDAG Network, currently on presale, might just be the smartest investment decision you can make right now in the current market conditions.

Tuesday: The #BlockDAGArmy Was Born

Tuesday was all about our community, our #BlockDAGArmy!

 

We highlighted the huge milestone we reached as we surpassed 100,000 members in our growing global community. We emphasized the strong support and enthusiasm from the community, which has been a driving force behind our network’s rapid growth and success.

 

We also touched on the strategic vision of BlockDAG, which is centered around innovative technology and our commitment to revolutionizing the blockchain space. We called on readers who haven’t yet joined the movement to consider the potential benefits of being part of our dynamic and global #BlockDAGArmy.

Wednesday & Thursday: Hard at Work with BlockDAG X1 Miner App Updates

On Wednesday and Thursday we were hard at work with updates for our flagship product, the BlockDAG X1 Miner App. For those who might not be familiar, the X1 Miner App is our solution to one of the most significant barriers to entry in the blockchain world — mining. Traditional mining requires expensive hardware, technical expertise, and a lot of energy. The X1 Miner App changes all that by allowing anyone, regardless of their technical background, to participate in mining and earn passive income.

 

This week, we released a major update to the app, and the feedback from our users has been overwhelmingly positive. The update focused on three key areas: user experience, performance, and security.

 

The X1 App update have rolling out across all available stores: Apple, Huawei, Amazon, and Android APK with several key enhancements:

 

- Confirm Sign Out: Prevents accidental sign-outs that stop mining.

- Spam Reward Clean-Up: Suspicious activity in referrals will be flagged as “banned.”

- Dynamic FAQ: The FAQ section now receives real-time updates from the development team.

- Force Update Notification: Users on older versions will be prompted to update to the latest version.

 

BlockDAG celebrates over 20 million BDAG coins mined (worth $1 million at launch) and surpasses 100,000 verified users. The mining rate remains the same, with the referral rate adjusted to 0.05 BDAG/hour. To migrate to the mainnet, users need at least 7,500 BDAG from the presale.

 

These updates are part of our continued commitment to making blockchain mining accessible to everyone and anyone. Every improvement we make is designed to help you get the most rewards out of your mining experience.



 

Friday: $65 Million Raised & Teasing the August 22nd Surprise Launch

By the end of the week, our focus shifted to building anticipation for what’s coming next — our surprise product launch on August 22nd. We’ve been working behind the scenes on a project that we believe will redefine the blockchain space, and this Friday is all about starting to generate excitement for what’s to come.

 

Without giving too much away, here’s what you need to know: The August 22nd launch isn’t just another product; it’s a game-changer. We’ve been developing a product that is bothe exciting and rewarding and we’re confident that this launch will not only meet but exceed the expectations of our community and the broader market.

 

In the midst of this, our presale officially surpassed the $65 million mark,an achievement that resonates far beyond mere numbers. In the world of blockchain, presale figures are often seen as a barometer of a project’s potential and community trust. Reaching $65 million is a clear indicator of the growing belief in BlockDAG’s vision and the trust that our global community has placed in us.

 

But let’s break it down further. Why is this milestone so significant? First, it is a representation of a community that has been and is rallying behind a single vision. Our investors and supporters come from all corners of the world, unified by the belief that BlockDAG is not just another blockchain project, but a foundational technology that will drive the next wave of decentralized innovation.

 

The funds raised will accelerate our development efforts, enabling us to deliver on our promises faster and with greater impact. It’s a sign that we’re not just dreaming big; we’re taking concrete steps towards realizing those dreams. Every dollar invested is a vote of confidence, a signal that our community believes in the value we’re creating and bringing into the digital economy.

 

In addition to these milestones, we finalized the details for a series of marketing events and partnerships that will take place over the next few months and that will be announced very soon. These events are designed to showcase our technology, engage with our community, and attract new supporters. We’re planning everything from virtual meetups to live demos, and we can’t wait to share more details with you soon.

 

This is the day we take stock of everything we’ve accomplished and set our sights on what’s next. It’s been a week filled with milestones, updates, and exciting announcements, and we’re proud of everything we’ve achieved together.

 

But as much as we’ve accomplished this week, we’re even more excited about what’s coming next. The August 22nd product launch is just around the corner, and we’re confident that it will be a turning point for BlockDAG Network. We’re also looking forward to rolling out more updates to the X1 Miner App, announcing new partnerships, and continuing to grow our community.



 

What’s Next: The Road Ahead

As we look ahead, there are a few key things to keep in mind. First, if you haven’t participated in the presale yet, now is the time to get involved. The $65 million milestone is just the beginning, and we expect demand for BDAG coins to increase as we approach our product launch.

 

Second, make sure you’re following us on all our channels so you don’t miss any updates. We’ve got a lot of exciting things planned, and we want you to be a part of it. Whether it’s through our Medium articles, social media posts, or community events, there are plenty of ways to stay connected with us at BlockDAG.

 

Finally, mark your calendars for August 22nd. This launch is going to be a major event, and we want you to be there with us when it happens. We’ll be sharing more details in the coming days, so stay tuned for more information.

Keep Following, Sharing, and Believing

In closing, we want to thank you — our community — for your continued support and belief in BlockDAG Network. Everything we’ve achieved so far is because of you, and we’re just getting started. We’re building something truly special, and we’re excited to have you with us on this journey.

We’ll be back soon with more updates, more announcements, and more reasons to be proud to be part of the #BlockDAGArmy. In the meantime, keep following, sharing, and believing. Together, we’re going to change the digital economy world.

 

 

#BlockDAGPhenomenon #BDAGCoins #BlockchainRevolution #SurpriseLaunch #WeeklyRecap #X1MinerApp

About the Author

Jake Morrison
Jake Morrison
Crypto Trading & Market Analysis Blogger

Former Stock Trader with Years of Experience Analyzing financial Markets

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"Decoding crypto market trends to help you trade smarter."

After mastering traditional markets, Jake expanded into crypto trading, using his expertise to break down market trends for both beginners and pros.

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