BlockDAG Network, a new player in the Layer 1 blockchain space, is the subject of today’s review. This blockchain network promises to meet the industry’s needs and more, gaining attention from influencers who are hyping it up. To determine the legitimacy of BlockDAG, I delved into their website, white paper, and watched their two keynotes.
The review will cover various aspects of BlockDAG, including what it is, its products, how users can make money with it, potential red flags, and closing thoughts on the platform. According to BlockDAG’s website, it is a cutting-edge proof-of-work Layer One blockchain offering exceptional speed, security, and decentralization. The platform aims to support applications from everyday use to enterprise-grade protocols, with the promise of a simple drag-and-drop process for building applications.
BlockDAG currently features three main products: a crypto payment card, the BDAG Coin, and a Miner. The platform’s founding team, led by CEO Antony Turner, has raised $68.4 million and secured sponsorship from UFC Champion Alex Pereira. With a 10X return guaranteed at launch for purchasing tokens at the presale price, BlockDAG is positioning itself as a lucrative opportunity in the blockchain space.
Original article published at: https://www.nigeriabitcoincommunity.com/blockdag-network-is-it-legit-or-scam/