BlockDAG Post - Keynote Release: Can It Raise Over $5M in the Light Of Ethereum Dencun Upgrade?

March 17, 2024
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4 min read

This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

The crypto world is buzzing with anticipation as major developments unfold, promising to reshape the landscape of digital currency investments. At the heart of these changes are Ethereum's Dencun upgrade, Chiliz's innovative token burning mechanism and BlockDAG's ambitious $600M roadmap. Each of these entities brings something unique to the table, targeting investors looking for the next big crypto opportunity with a mix of technology enhancements and strategic initiatives.

Ethereum's Dencun Upgrade

Ethereum just launched its Dencun upgrade this week, a much anticipated event of 2024. This upgrade, the most substantial change to the Ethereum blockchain in over a year, introduces "proto-danksharding" via Ethereum Improvement Proposal (EIP) 4844. Aimed at reducing fees for layer-2 (L2) rollups, this move is expected to enhance Ethereum's scalability by improving data handling capabilities for auxiliary networks. L2s like Arbitrum, Optimism, and Polygon stand to benefit the most, potentially enjoying reduced operational costs and fostering a more efficient transaction process. This step towards sharding indicates Ethereum's commitment to solving high gas fees in the short term, potentially boosting its appeal to investors and users.

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Chiliz's Strategic Move with Token Burning

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Chiliz, the powerhouse behind fan tokens, has introduced a token burning mechanism to reignite interest in this niche. By burning tokens whenever a team scores or wins, Chiliz aims to reduce the overall token supply, thereby increasing scarcity and potentially boosting token value. This innovative approach not only adds excitement to the Champions League but also positions Chiliz as a forward-thinking player in the crypto space. The immediate response was positive, with the CHZ token witnessing a 2.47% rise in value following the announcement. This strategy could significantly enhance the attractiveness and utility of fan tokens, setting Chiliz apart in the competitive crypto market.

BlockDAG's Keynote: An Ambitious Roadmap For 2024

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BlockDAG is setting the stage for monumental growth with its impressive keynote for the year 2024. Having raised over $4.8 million already and eyeing a $600 million milestone that could outpace all presale competitors, BlockDAG has sold out its Batch 2 and has jumpstarted in Batch 3 with a price of $0.002. With plans for top exchange listings on platforms like KuCoin and Gate.io, BlockDAG is not just aiming for visibility but also for accessibility to a broader audience. The promise of 50X returns for early investors highlights the project's confidence in its value proposition.

Gone are the days when miners needed high powered specialised equipment BlockDAG has introduced a user friendly app - BlockDAG X1 app, which is available in various platforms like AppStore and Google Play. For those naive to the crypto world about the prospects of mobile mining convenience, get enlightened with the fact that it allows users to mine up to 20 BDAG coins daily effortlessly from their smartphones. This innovative approach offers a passive income stream, further sweetened by the specialised mining units for enhanced profits. BlockDAG offers state of the art mining rigs that make mining easier with added processing power and extended operational life. Miners can trade their coins and resale at much established platforms like Amazon, Ebay and Shopify.

Why BlockDAG Stands Out

In a market teeming with opportunities, BlockDAG distinguishes itself through a blend of ambitious goals, strategic exchange listings, and user-friendly mining solutions. As Ethereum works to lower operational costs for its network and Chiliz explores new ways to engage and reward its community, BlockDAG's comprehensive approach addresses the investment and participation angles, making it a noteworthy contender for those looking to dive into crypto. With its Layer 1 Presale now live, BlockDAG invites investors to be part of a project poised for significant growth, promising not just returns but also an active role in the evolving crypto ecosystem.

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To know more about BlockDAG:

Website: https://blockdag.network

Presale: https://purchase.blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial 

Discord: https://discord.gg/Q7BxghMVyu

This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.

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