BlockDAG Raises $303 Million, Outperforming Polkadot, Tezos, and Filecoin

A new layer-one blockchain project, BlockDAG (BDAG), has achieved a record-breaking fundraising milestone by raising $303 million. This success surpasses previous benchmarks set by projects like Polkadot, Tezos, and Filecoin. Notably, BlockDAG accomplished this feat through a public presale without any venture capital involvement or private allocations. Its impressive early adoption is evident in its over 2 million active users already mining on its X1 app, downloaded in 150 countries and actively engaging with the platform.