BlockDAG (BDAG) has successfully raised over $425 million during its presale, selling more than 27 billion coins at a price of $0.0015 each. The project is currently led by CEO Antony Turner, who is responsible for product development and strategic partnerships. Unlike decentralized autonomous organizations, BlockDAG operates under a centralized leadership model but plans to introduce staking and governance features in the future.
The project's centralized structure is reminiscent of early-stage protocols like Ethereum and Solana, which initially started with centralized control before transitioning to decentralization. BlockDAG's clear leadership and public roadmap provide a sense of accountability and execution, setting it apart from anonymous or meme-driven projects.
BlockDAG Raises $425M in Presale, Plans Future Decentralization
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