Questions about BlockDAG Network
What is BlockDAG Network?
BlockDAG Network is developing a proof-of-work layer 1 blockchain using Directed Acyclic Graph technology. It offers BDAG token purchases through a crypto presale and provides information on tokenomics, mining hardware, staking, smart contracts, and network development. The platform includes mobile mining apps, community tools, security resources, and a mainnet with a block explorer.
Where is BlockDAG Network located and what digital tools does it offer?
The company is located in the United Arab Emirates (AE) and operates under the domain blockdag.network. It provides a block explorer at bdagscan.com and a purchase portal at purchase3.blockdag.network for connecting wallets. The business also maintains social profiles on LinkedIn, Facebook, Instagram, and YouTube.
What specific warnings have been issued about funding this business?
A public interest warning on Reddit advises against providing further funding to BlockDAG or its associated ventures. This warning specifically mentions avoiding involvement with any DAO, fork, or related venture involving Jeremy Harkness, Nic van den Burgh, or administrators associated with the project.
How did the business respond to questions about its production schedule?
Some users on Reddit asked about the status of the BlockDAG miner project and production schedule. The project leadership responded that the miner project is fully active on the production schedule and is currently 'On Track' regarding client-side items.
What legal actions have been taken against or by this business?
The business has been involved in a dispute regarding a cease and desist letter demand to cease impersonation and false copyright claims. This legal action was directed at Dag Systems Ltd. and specifically targeted Gurhan Kiziloz, who is listed as the Director/Operator.
What are the concerns regarding fund management and wallet security?
Some users on Reddit discussed the use of funds and multi-sig wallets, expressing dissatisfaction with responses given by GK regarding the setup and proof of funds necessary to sustain the project. They mentioned the need for vesting contracts due to misuse of funds leading to a lack of funds.
What regulatory actions are being considered or recommended for this business?
The business has been advised to file a regulatory action with VARA in Dubai. VARA is the regulatory body overseeing cryptocurrencies in Dubai, and the filing links to a complaint registration page for BlockDAG Network (DAG systems LTD) and WPRO.
How can I contact BlockDAG Network?
You can reach BlockDAG Network by phone at 0566006357.
What is the official website of BlockDAG Network?
The official website of BlockDAG Network is blockdag.network.
Does BlockDAG Network have reviews on Trustburn?
BlockDAG Network has no reviews on Trustburn yet. Anyone who has used it can write the first review on its Trustburn page.
Is BlockDAG Network on social media?
BlockDAG Network has official profiles on Linkedin, Facebook, Instagram, Youtube.
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BlockDAG Network is developing a proof-of-work layer 1 blockchain using Directed Acyclic Graph technology. It offers BDAG token purchases through a crypto presale and provides information on tokenomics, mining hardware, staking, smart contracts, and network development. The platform also includes mobile mining apps, community tools, security resources, and a mainnet and block explorer.
- Website
- blockdag.network
- Phone
- 0566006357