BlockDAG’s recent Dev Release 72 rolls out crucial updates that resolve user concerns and improve the X1 miner app’s usability. This update aims to clarify the referral system and mining rates. BlockDAG’s impressive token strategy highlights its dedication to scarcity and value with a total of 150 billion coins and a presale that has successfully distributed over 12 billion coins. This strategy has drawn considerable community support, evidenced by the $58.3 million generated from the presale and $3.7 million from miner sales.

Exploring BlockDAG’s Strong Tokenomics

BlockDAG stands out with a total coin count of 150 billion BDAG, reaffirming its scarcity and value promise. At the BlockDAG Network, a halving event is scheduled every 12 months, reinforcing this pledge. By limiting the total coin count, BlockDAG establishes a controlled environment that reduces inflation risks and stabilizes the ecosystem for users and investors.

To manage growth prudently, 33% of the total coin count, or 50 billion coins, is set aside for the presale, enabling early supporters to invest at favorable rates, with a focus on strategic marketing to enhance BlockDAG’s market presence. The remaining 66% is allocated to the community, with 80% reserved for miners. This allocation bolsters platform security and rewards both current and future miners.

Furthermore, 15% of the community coins are designated for community-building activities such as educational events, hackathons, seminars, and conferences. Additionally, 5% of the BDAG coins are set aside for a liquidity pool to facilitate smooth trading and reduce price swings, while 1% is reserved for the team, aligning their interests with BlockDAG’s long-term objectives.

BlockDAG’s presale has progressed swiftly, starting from Batch 1 at $0.001 per coin. Presently, Batch 19, priced at $0.014, is nearly sold out. With only 25 million BDAG coins left, Batch 20 is set to launch at $0.015. To date, BlockDAG has raised $58.3 million from the presale of over 12.1 billion BDAG coins and $3.7 million from the sale of more than 9,000+ miners. These numbers reflect BlockDAG’s effective tokenomics and strategic expansion.

Dev Release 72 Resolves User Concerns & Boosts Usability

In Dev Release 72, the BlockDAG team concentrates on resolving user concerns regarding the referral system and mining rates for a hassle-free experience. Users were puzzled about the status symbols in the Groups module.

The revised status symbols now show “Active,” meaning the user is registered and actively mining; “Inactive,” meaning the user is registered but not mining; and “Pending,” meaning the user is yet to register. This clarification enables users to better understand their referral statuses, with the new “Inactive” status helping to distinguish between registered users who are not mining and those who are actively mining. This update will appear in the next build.

Confusion regarding the mining rate has also been addressed. The base mining rate is 0.8 BDAG coins per hour. An additional 0.2 BDAG coins per hour are added to the mining rate for each active referral. For instance, if a user refers 10 people and 5 are active, the user’s mining rate would be 1.8 BDAG coins per hour. This clear explanation aids users in optimizing their mining efforts with the X1 app.

Additionally, a recent technical issue with the OTP system was quickly resolved after it was identified as a disruption from a third-party service. The BlockDAG team expressed gratitude for users’ patience and is committed to providing a seamless and transparent experience for all.

Closing Thoughts

BlockDAG’s Dev Release 72 demonstrates the network’s commitment to resolving user issues and enhancing functionality. By clarifying referral statuses and mining rates, it ensures a smoother user experience. The robust tokenomics, emphasizing controlled growth and scarcity, have captivated the community, as shown by the significant presale achievements. With more than 12 billion coins already sold and ongoing enhancements, BlockDAG is poised for enduring success in the cryptocurrency market. Investors and users can expect a stable and prosperous future with BlockDAG.

Invest in the BlockDAG Presale Now:Website: https://blockdag.networkPresale: https://purchase.blockdag.networkTelegram: https://t.me/blockDAGnetworkDiscord: https://discord.gg/Q7BxghMVyu

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