What BlockDAG does

BlockDAG is a Layer-1 blockchain project operated by Dag Systems Ltd (incorporated in Apia, Samoa) that combines Directed Acyclic Graph (DAG) architecture with Proof-of-Work consensus, targeting approximately 5,000 transactions per second and ~2-second block times while remaining EVM-compatible for Solidity tooling. The project went public with its first keynote on October 10, 2023, ran a 45+ batch token presale through early 2026 that raised a cumulative ~$452M from 312,000+ participants, and activated mainnet block production on February 10, 2026. Native products include the BDAG governance/utility token, the BDAG TURBO utility token (50B fixed supply), a beta on-chain BDUSD stablecoin collateralized by BDAG, the X1 mobile miner app (3M+ users, iOS/Android), X10/X30/X100 Blake2s ASIC mining rigs, a live on-chain casino and sportsbook, epoch-based staking, a low-code Contracts Wizard and IDE, a Zelf-powered NFT marketplace, and a Super App scheduled for August 20, 2026 that unifies mining, wallet, swaps, and staking in a single mobile interface.

The business model is multi-stream: (1) one-time BDAG token presale/aftersale sales at progressive batch pricing, (2) direct-to-customer sales of X10/X30/X100 ASIC mining rigs (19,000 units shipped, scaling to 2,000/week), (3) transactional revenue from the on-chain casino and sportsbook, where the Casino alone generated $2.8M Net Gaming Revenue within its first 30 days, (4) a 25%/10% referral commission program on hardware and token purchases, and (5) the TURBO token 10-stage access round distribution. Distribution spans more than ten centralized exchanges (LBank, BitMart, Coinstore, XT, P2B, BTSE, BTCC, BiFinance, Biconomy, AscendEX, Pionex, Webot) and two DEXs (Hyperliquid, dYdX), plus fiat on-ramps via MoonPay, Visa, Mastercard, Google Pay, and Apple Pay, with global reach across 130+ countries supported by high-visibility sports sponsorships (Inter Milan, Alpine F1, UFC's Alex Pereira).

Customers are predominantly retail crypto investors, mobile miners, stakers, and on-chain casino users rather than enterprise clients; the named testimonials in the data set are all individual community members. The project is also notable for several governance and execution headwinds: a quiet CEO transition in December 2025 that coincided with a reported 68% drop in BDAG's market price, a terminated $10M Borussia Dortmund sponsorship after only ~$2M was paid, a corporate re-domicile from Seychelles to Samoa, and ongoing third-party criticism of transparency and token distribution. Security posture is partially de-risked by completed Halborn and Certik audits of treasury and vesting contracts and a published bug bounty program.

Name

BlockDAG

Legal name

Dag Systems Ltd

Website

https://blockdag.network

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

11–50 employees

Short description

BlockDAG is a Layer-1 blockchain (Dag Systems Ltd, Samoa) combining Proof-of-Work with DAG architecture, EVM-compatible at ~5,000 TPS, serving retail crypto investors, mobile miners, and on-chain casino users across 130+ countries via its BDAG token, X1 miner app, ASIC rigs, and live gaming platform.

Ownership category

akta.pro rank

Product category

Layer 1 Blockchain Platform

NAICS

Financial Transactions Processing, Reserve, and Clearinghouse Activities (522320), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182)

SIC

Security & Commodity Brokers, Dealers, Exchanges & Services (6200), Finance Services (6199), Services-Computer Programming Services (7371)

akta.pro primary industry

Smart Contract Developer Platforms & Tooling (SDKs, APIs, frameworks, indexing) (FSAPAAAH)

akta.pro secondary industries

Account Abstraction & Smart Wallet Tooling (AA SDKs, paymasters, session keys) (FSAPABAK), Blockchain Data & Indexing Infrastructure for Finance (Nodes, Indexers, Oracles) (FSAGAMAL)

Keywords

• Layer 1 blockchain
• Proof of work mining
• Evm smart contracts
• Crypto mining hardware
• Blockchain casino platform

Headquarters

HQ city

San Francisco

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Software

Cost components

Technology or R&D, Marketing or Sales, Personnel, Supply Chain, Infrastructure, Operations

Revenue model

1. BDAG Token Presale / Aftersale Sales: Token sold via direct presale rounds (45-batch structure), private aftersale, and Legacy Sale; over $452 million raised across all presale phases. BDAG priced at $0.00000044 with various USDT/payment options.
2. Mining Hardware Sales (X10/X30/X100): Direct sales of custom Blake2s PoW ASIC mining rigs with varied daily output capacity; 19,000 miners shipped and scaling to 2,000 per week.
3. Casino & Sportsbook Gaming Revenue: Operational revenue from live Layer-1 casino and sportsbook platform with 100+ games, processing deposits, wagers, and payouts in BDAG and other supported assets.
4. Referral Program Commissions: Referral earnings offering 25% commission on purchases made by referred users and 10% referral bonus on token purchases.
5. TURBO Token Access Round Sales: 10-stage public access round distribution for the 50B fixed-supply TURBO utility token with $0.04 planned launch price and 25% TGE unlock.

Pricing tiers

Go-to-market motion1 record

Distribution channels6 records

Marketing channels9 records

Core offering

BlockDAG operates a Layer-1 blockchain network that combines Proof-of-Work consensus with Directed Acyclic Graph (DAG) architecture, supporting up to 5,000 TPS with ~2-second consensus and EVM-compatible smart contract execution. The company sells the native BDAG token, X1 mobile mining app, X10/X30/X100 ASIC mining rigs, an on-chain Casino and Sportsbook gaming platform, a Staking product, a BDUSD stablecoin, the BDAG TURBO utility token, an NFT marketplace, and a forthcoming Super App. The BlockDAG Explorer, RPC endpoints, IDE, and low-code Contracts Wizard provide developer infrastructure for building decentralized applications on the network.

Product overview

BlockDAG is a Layer-1 blockchain platform that combines Proof-of-Work security with Directed Acyclic Graph (DAG) architecture, EVM-compatible for Ethereum tooling interoperability. The core product is the BlockDAG Mainnet (supporting up to 5,000 TPS with ~2-second consensus), around which the company has built a comprehensive ecosystem of consumer-facing modules: the BlockDAG Casino and BlockDAG Sports gaming platforms, the BlockDAG Super App (mobile hub), on-chain Staking, BDUSD Stablecoin, the BDAG SPARKS Telegram game, and an NFT Marketplace (powered by Zelf). Hardware offerings include the BlockDAG X1 mobile mining app and X10/X30/X100 ASIC mining rigs. Token products comprise the native BDAG coin and the BDAG TURBO utility token (50B fixed supply). Developer tools include the BlockDAG Explorer (BDAGScan), RPC endpoints, IDE, and Contracts Wizard for smart contract deployment.

Differentiator

Problem solved

Functional benefit

Brands

• BDAG TURBO: Fixed-supply (50B) utility token within the BlockDAG ecosystem for casino, gaming (BDAG SPARKS), staking, VIP access and NFTs.
• BlockDAG Casino
• BlockDAG X1
• BDAG SPARKS

Products and services

• BlockDAG Mainnet A Layer-1 Proof-of-Work blockchain using Directed Acyclic Graph (DAG) architecture, supporting up to 5,000 transactions per second with ~2-second consensus. EVM-compatible, enabling Solidity-based smart contract deployment and standard Ethereum tooling. Designed for developers and users building decentralized applications.
• BlockDAG Casino A live on-chain gaming platform featuring BlockDAG Originals (Blackjack variants), trending slots, live casino games (roulette, baccarat, poker), crash games (Aviator, Rocket Blast), and 47+ game providers. Designed to drive continuous BDAG transactional activity through gameplay, wagering, and rewards.
• BlockDAG Sports (Sportsbook) A sportsbook platform supporting bets across football, basketball, volleyball, baseball, American football, tennis, handball, and table tennis. Integrates with the BlockDAG Casino ecosystem.
• BlockDAG Super App A mobile application combining mining, wallet, swaps, staking, and trading into a single experience. Users mine BDAG daily, manage portfolios, perform instant swaps, and access the full ecosystem (staking, NFTs, dApps) from one dashboard.
• BlockDAG X1 Mobile Miner App A mobile crypto mining app available on iOS and Android (also Huawei AppGallery and Amazon Appstore) that allows users to mine up to 20 BDAG daily from their smartphones. Uses a Proof-of-Engagement algorithm with daily engagement boosts and tiered ranks.
• BlockDAG X10 ASIC Miner An ASIC mining rig that mines up to 200 BDAG per day, designed for beginners entering home mining with undervolted ASIC chips for energy efficiency and minimal noise.
• BlockDAG X30 ASIC Miner An ASIC mining rig with Custom Blake2s proof-of-work algorithm that mines up to 600 BDAG per day, positioned as the next step up from the X10 in mining power.
• BlockDAG X100 ASIC Miner The highest-tier ASIC mining rig with Custom Blake2s proof-of-work algorithm, capable of mining up to 2,000 BDAG per day for large-scale operations with longest mining duration.
• BDAG TURBO Utility Token A fixed-supply utility token (50B total) deployed on BlockDAG chain (Chain ID 1404) for casino/gaming use cases, staking, VIP access, NFTs, and BDAG SPARKS Telegram game participation. Includes weekly foundation burn mechanism (90% burned, 10% prize pool).
• BDUSD Stablecoin An on-chain stablecoin pegged to USDT that allows users to lock BDAG as collateral and mint BDUSD directly on-chain, currently in beta.
• BlockDAG Staking On-chain, epoch-based staking rewards distribution where users earn rewards every 7 days via deterministic smart contract-secured yield distribution.
• BDAG SPARKS Telegram Game A Telegram-based game serving as the core utility layer for TURBO token. Users enter through Telegram, use TURBO inside the game, activate reward opportunities, and access win mechanics.
• BlockDAG Payment Card A digital card integrated with Visa and Mastercard payment networks that enables users to spend BDAG digital assets in everyday transactions.
• BlockDAG NFT Marketplace An NFT marketplace powered by Zelf that enables users to create, trade, and own digital assets on the BlockDAG network.
• BlockDAG Explorer (BDAGScan) A blockchain explorer providing real-time network activity, transactions, blocks, and contract overview pages for BlockDAG mainnet, including developer tools (IDE, Contracts Wizard).
• BlockDAG Contracts Wizard A low-code smart contract builder with drag-and-drop interface for designing and deploying complex smart contracts without extensive coding knowledge, targeted at non-technical and developer users.

Named customers3 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration29 records

AI capability1 record

Feature11 records

Partnerships

27 partnerships are on record, tiered core, flagship, major and minor.

• BetskicoreStrategic or Co-development PartnerPartnership to boost BlockDAG's digital entertainment reach. Announced via blog post covering expansion of digital entertainment frontier through Betski collaboration, driving innovation, user engagement, and growth across global Web3 platforms.
• SpaceDevcoreStrategic or Co-development PartnerPartnership to transform blockchain engagement, driving innovation, scalability, and seamless user experiences. Co-branded announcement covered in BlockDAG blog.
• Inter MilanflagshipGTM or Marketing PartnerBlockDAG Network announced as Official Blockchain Partner of Italian football club Inter Milan. Announced August 30, 2024 as part of three major European-football partnerships initiative.
• Borussia DortmundflagshipGTM or Marketing Partner$10M sponsorship deal terminated after only 2M Euro invoice paid; BlockDAG continued using club branding without authorization, contributing to a 68% token drop from peak. Historical partnership.
• Alpine F1majorGTM or Marketing PartnerF1 motorsport sponsorship for global brand visibility alongside other sports partnerships; cited alongside Borussia Dortmund and other deals in 2026 reporting.
• Alex PereiramajorGTM or Marketing PartnerUFC fighter announced as part of #TEAMBlockDAG ambassador initiative for brand building and audience engagement.
• HalborncoreImplementation/ SI/ Consulting PartnerRenowned external security firm that completed independent security assessment of BlockDAG's Treasury and Vesting smart contracts. Audit report published on halborn.com.
• CertikcoreImplementation/ SI/ Consulting PartnerExternal security firm collaborating on additional smart contract security scrutiny for BlockDAG. Audit documentation available via blockdag-certik-security-audit.pdf.
• GoldshellcoreTechnology or IntegrationASIC mining pool partner collaborating on Node-level relay fallback integration and ASIC pool fixes (referenced in December 2025 dev release 233).
• MoonPaymajorTechnology or IntegrationFiat on-ramp payment integration supporting credit/debit card purchases of BDAG through the BlockDAG purchase portal.
• FireblockscoreTechnology or IntegrationAdvanced cryptographic MPC platform ForDeFi implemented by BlockDAG for securing on-chain assets via distributed key management.
• LBankflagshipChannel Partner/ Reseller/ DistributorMajor centralized exchange listing BDAG token with high trading volume; serves as primary spot liquidity venue and price discovery platform.
• CoinstoreflagshipChannel Partner/ Reseller/ DistributorCentralized exchange listing for BDAG token trading and futures; integrated as launch venue on March 5, 2026.
• BitMartflagshipChannel Partner/ Reseller/ DistributorCentralized exchange listing BDAG; launch venue on March 5, 2026 alongside LBank and Coinstore.
• XT.commajorChannel Partner/ Reseller/ DistributorCentralized exchange listing BDAG with Tier 1 status; supports BDAG/USDT trading pairs.
• P2B ExchangemajorChannel Partner/ Reseller/ DistributorCentralized exchange listing BDAG; on-chain USDT integration announced via exchange partnership.
• WEEXmajorChannel Partner/ Reseller/ DistributorCentralized exchange listing BDAG trading; integrated with Bifinance launch in March 2026.
• BTSEmajorChannel Partner/ Reseller/ DistributorCentralized exchange listing BDAG for trading and futures markets.
• BTCCmajorChannel Partner/ Reseller/ DistributorCentralized exchange listing BDAG trading pairs.
• BiFinancemajorChannel Partner/ Reseller/ DistributorCentralized exchange listing BDAG; integrated via WEEX activation campaign.
• BiconomymajorChannel Partner/ Reseller/ DistributorCentralized exchange listing BDAG for spot and futures trading.
• AscendEXmajorChannel Partner/ Reseller/ DistributorCentralized exchange listing BDAG trading pairs.
• PionexminorChannel Partner/ Reseller/ DistributorCentralized exchange listing BDAG; included in exchange rollout schedule for March 10, 2026.
• WebotminorChannel Partner/ Reseller/ DistributorCentralized exchange listing BDAG trading pairs.
• HyperliquidmajorChannel Partner/ Reseller/ DistributorDEX exchange listing BDAG on March 24, 2026; enables decentralized perpetual trading and on-chain liquidity.
• dYdXmajorChannel Partner/ Reseller/ DistributorDEX exchange listing BDAG on March 24, 2026; provides decentralized derivatives trading access.
• Taurox IO (TAUX)minorOthersDecentralized hedge fund protocol offering AI-driven trading and profit sharing. Frequently cited alongside BlockDAG in industry press as a comparison point, but not formally partnered. Included for ecosystem context only.

Scale indicators12 records

Recent moves7 records

Expansion highlights7 records

Direct peers

• Kaspa: Kaspa is the most direct technical peer — both BlockDAG and Kaspa combine Directed Acyclic Graph architecture with Proof-of-Work consensus for high-throughput L1 transactions. BlockDAG explicitly positions itself as a 'Kaspa-Killer,' making Kaspa the primary benchmark for performance, decentralization, and developer adoption.

Broad incumbents

• Solana: Solana is a high-throughput Layer-1 blockchain targeting similar use cases (payments, DeFi, gaming, NFTs) with substantially higher real TPS and a deeply established developer ecosystem. It competes with BlockDAG for EVM-adjacent and gaming workloads but uses a different consensus model (PoH + PoS).
• Ethereum: Ethereum is the dominant smart-contract Layer-1 and the baseline EVM-compatible chain. BlockDAG's EVM compatibility and Solidity tooling support directly target Ethereum developers and dApps seeking higher throughput and lower fees.
• Avalanche: Avalanche is an EVM-compatible Layer-1 offering high throughput and subnets for application-specific chains. It competes with BlockDAG for EVM developer mindshare and gaming/DeFi workloads, and similarly markets speed and low fees as differentiators.
• Polygon: Polygon offers EVM-compatible scaling solutions (PoS chain, zkEVM) targeting lower fees and higher throughput for Ethereum dApps. It overlaps with BlockDAG's value proposition for Ethereum developers seeking cheaper execution.

Emerging players

• Sui: Sui is a newer high-performance Layer-1 using a parallel-execution architecture (Move language). It targets similar gaming, payments, and DeFi use cases as BlockDAG and represents a competing design philosophy for scaling throughput at the L1 layer.
• Aptos: Aptos is another Move-based Layer-1 focused on high throughput and parallel execution for consumer applications, gaming, and DeFi. It competes for the same high-throughput L1 narrative and developer pool as BlockDAG.
• Near Protocol: Near is a sharded Layer-1 with EVM compatibility and a strong focus on consumer onboarding through human-readable accounts. It competes with BlockDAG for retail-friendly UX and AI-agent / gaming workloads.
• Pi Network: Pi Network is a mobile-first Layer-1 with a large retail mining community. BlockDAG's X1 mobile miner app and grassroots retail model target a similar user base of non-technical mobile-first crypto adopters.

Others

• Bitcoin Cash / Bitcoin SV: Bitcoin Cash and Bitcoin SV are PoW chains that experimented with block-size and DAG-adjacent approaches to scaling throughput. While not direct competitors, they represent alternative PoW-led scaling philosophies relevant to BlockDAG's positioning as a PoW-secured high-throughput chain.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/blockdagnetwork
• YouTubeyoutube.com/@BlockDAGofficial
• Facebookfacebook.com/profile.php
• LinkedInlinkedin.com/company/blockdag-network
• Instagraminstagram.com/blockdagnetwork

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries2 records

Funding overview

Funding rounds2 records

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about BlockDAG