BlockDAG's Keynote 3 Most Talked-About Highlight: CEO Unveils $60K Testnet Rewards! Plus, Ripple's XRP Eyes BlackRock Deal

While many market movements are driven by rumors, BlockDAG (BDAG) is showcasing tangible progress. Their latest airdrop and rewards campaign offers a unique chance to engage with their ecosystem prior to the mainnet launch, allowing participants to gain real rewards and firsthand experience with the protocol’s operations. This campaign is open to all verified participants, not just large-scale contributors or early supporters.

XRP ETF Likelihood Increases as Ripple Considers BlackRock Partnership

As reported by FXEmpire, the buzz around a potential partnership between Ripple and BlackRock is growing. This discussion focuses on BlackRock’s interest in establishing a spot XRP ETF, mirroring its earlier entry into the Bitcoin market via the iShares Bitcoin Trust.

On-chain expert EGRAG Crypto notes that the likelihood of an XRP ETF approval has jumped to 87%, boosted by clearer regulations following Ripple’s recent court success, where it was ruled that XRP is not a security when traded on exchanges.

If realized, the XRP ETF could serve as a key link between traditional financial services and Ripple’s mission to facilitate seamless global payments. However, until an official announcement is made, the situation remains speculative.

Meanwhile, another platform is advancing without waiting for institutional nods—focusing on development, user adoption, and rewarding its community.

BlockDAG Rolls Out $60K Testnet Rewards at Keynote 3

While Ripple is generating buzz with potential future developments, BlockDAG is making headlines with its current progress. At the recent Keynote 3, CEO Antony Turner introduced a significant community-centered initiative—a live Beta Testnet coupled with a $60,000 reward campaign for active participants before the mainnet launch.

More than just a trial, the testnet showcases essential features of the upcoming BlockDAG network, such as executing smart contracts, minting NFTs, creating tokens, and engaging with live mining nodes. As part of this initiative, each verified user received 10,000 testnet tokens, incorporating a full vesting process.

"This enables us to evaluate our vesting smart contract and mimic the launch process," explained Turner. "Consider it a trial run for the Token Generation Event."

Understanding the Airdrop Mechanism

Each participant receives 10,000 testnet tokens, dispensed over four weeks:

Managed by a smart contract for vesting and displayed through a user-friendly dashboard, this setup allows participants to monitor their token balances and release schedules actively. The focus is on preparing the community for BlockDAG’s operational procedures rather than just distributing tokens.

The airdrop holds no monetary value, yet it's crucial for driving engagement, which BlockDAG aims to reward.

$60,000 in BDAG Coins Awarded to Top 30 Testnet Contributors

To foster genuine involvement, BlockDAG will distribute $60,000 in actual BDAG coins to the 30 most active testnet participants.

Here’s the distribution breakdown:

Each winner will be awarded $2,000 in BDAG coins, applicable on the live network post-TGE and listing. These rewards are real and will be added to BlockDAG's circulating supply, adhering to the same vesting schedule as the presale coins.

This initiative not only tests the system load and user interest but also rigorously evaluates the protocol’s smart contracts, miner connectivity, and user interface responsiveness before launching real transactions.

The Bottom Line

The cryptocurrency community may be abuzz with speculation about Ripple's potential institutional collaborations, but that remains conjecture for now. While the idea of a BlackRock-backed XRP ETF is intriguing, BlockDAG is actively delivering on user engagement, infrastructure readiness, and tangible rewards.

With $208 million already secured, a functioning testnet, and a $60,000 reward campaign in progress, BlockDAG is not just launching a network—it’s cultivating a community. Getting involved early might prove to be the most beneficial decision for users this year.

Presale: https://purchase.blockdag.network

Website: https://blockdag.network

Telegram: https://t.me/blockDAGnetworkOfficial

Discord: https://discord.gg/Q7BxghMVyu