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BlockDAG’s Dev Release 72 Answers Queries Around X1 Miner App 

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BlockDAG’s Dev Release 72 Addresses Queries Around X1 Miner App; Over 12B Coins Sold as Tokenomics Impress the Community

BlockDAG’s latest Dev Release 72 introduces vital updates that address user queries and enhance functionality within the X1 mining application. This release aims to clear up confusion surrounding the referral system and mining rates. Additionally, BlockDAG’s impressive tokenomics strategy showcases its commitment to value and scarcity with a total supply of 150 billion coins and its presale that has already distributed over 12 billion coins. This approach has garnered significant community support, reflected in the $57.9 million raised from the presale and $3.7 million from miner sales.

Unpacking BlockDAG’s Robust Tokenomics

BlockDAG distinguishes itself with a total supply of 150 billion BDAG coins, underscoring its commitment to maintaining scarcity and value. At BlockDAG Network, a halving event occurs every 12 months, further solidifying this commitment. By capping the total coin supply, BlockDAG creates a controlled environment that mitigates inflation risks and ensures a stable landscape for users and investors.

To responsibly manage growth, 33% of the total supply is allocated for presale, equating to 50 billion coins. This phase allows early backers to support the project at special rates, focusing on strategic marketing to boost BlockDAG’s presence in the cryptocurrency market. The remaining 66% is dedicated to community allocation, with 80% going to miners. This allocation ensures the platform’s security and incentivizes early and future miners.

Additionally, 15% of the community coins are earmarked for community-building initiatives, including educational programs, hackathons, seminars, and conferences. Finally, 5% of the BDAG coins are allocated to a liquidity pool to ensure smooth trading and minimize price volatility, while 1% is reserved for the team to align their goals with BlockDAG’s long-term success.

BlockDAG’s presale has seen rapid progression, starting at Batch 1 with a price of $0.001 per coin. Currently, Batch 19 is priced at $0.014 and is almost sold out. With only 25 million BDAG coins remaining, Batch 20 will be introduced at $0.015. To date, BlockDAG has garnered $57.9 million from the presale of over 12.1 billion BDAG coins and $3.7 million from the sale of 8,920+ miners. These figures underscore BlockDAG’s robust tokenomics and strategic growth.

Dev Release 72 Clarifies User Queries & Enhances Functionality

In Dev Release 72, the BlockDAG team has focused on addressing user queries related to the referral system and mining rates to ensure a confusion-free experience. Users had expressed confusion regarding the status symbols in the Groups module. 

The updated status symbols now include “Active,” indicating the user is registered and actively mining; “Inactive,” indicating the user is registered but has not started mining; and “Pending,” indicating the user is yet to register. This clarification helps users better understand their referral statuses, with the new “Inactive” status differentiating between registered users who are not mining and those who are actively mining. This update will be reflected in the upcoming build.

There was also confusion about the mining rate. The base mining rate is 0.8 BDAG coins per hour. Each active referral adds 0.2 BDAG coins per hour to the mining rate. For example, if a user refers 10 people and 5 of those referrals are active, the mining rate for that user will be 1.8 BDAG coins per hour. This straightforward explanation helps users understand and maximize their mining potential with the X1 app.

Moreover, according to the latest dev releases, a technical issue with the OTP system was also promptly resolved after it was identified as a third-party service disruption. The BlockDAG team said that in the dev release, it appreciates users’ patience and aims to ensure a smooth and transparent experience for all users.

Conclusion

BlockDAG’s Dev Release 72 showcases the network’s commitment to addressing user concerns and enhancing functionality. By clarifying referral statuses and mining rates, users can enjoy a smoother experience. The robust tokenomics strategy, emphasizing scarcity and controlled growth, has impressed the community, evident in the substantial presale achievements. With over 12 billion coins already sold and continuous improvements being made, BlockDAG is well-positioned for sustained success in the cryptocurrency market. Investors and users alike can anticipate a stable and prosperous future with BlockDAG.

Invest in the BlockDAG Presale Now:

Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.

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