Following a token sale that the project says has raised over $432 million, attention has turned to BlockDAG’s planned mainnet launch. The team has introduced what it calls a “TGE code,” presented as part of its approach to managing launch access and distribution timing.
According to the project, the TGE code is tied to participation in a tiered airdrop system. Project materials also reference a token sale price of $0.0015 for this stage. The project says the key function of the code is to help determine when participants receive tokens during the launch window, rather than relying on a single, simultaneous distribution event.
Why some token launches can be volatile
High-profile crypto launches can be technically and financially volatile. Trading often begins quickly, and some participants use automation or large orders to gain early access. This can contribute to sharp price movements, congestion, and uneven access for smaller participants.
In these conditions, some buyers may enter at higher prices, while others may see rapid drawdowns if early holders sell soon after trading opens. Outcomes vary widely across launches, and volatility is common.
How BlockDAG describes its TGE and distribution plan
BlockDAG says it plans to use a staged, rank-based airdrop schedule to spread token distribution over time. The stated goal is to reduce launch-day congestion and limit some forms of front-running by separating allocation timing.
- Rank-based timing: The project says airdrop positions are determined by when and how much users contribute during the final stage of its token sale.
- Earlier release for top ranks: BlockDAG says ranks 1 to 300 will receive tokens immediately when the mainnet launches.
- Staggered release for others: Remaining ranks are described as receiving allocations in timed intervals, from 30 minutes up to 24 hours after launch.
In project materials, the “TGE” code is positioned as a way to participate in this ranking system during the final token sale stage.
BlockDAG has also announced an AMA scheduled for Friday, October 24, at 3 PM UTC. The project says it will share updates and roadmap information ahead of “Keynote 4: The Launch Note and Genesis Day.”
What the project says the TGE code is used for
BlockDAG describes the TGE code as a mechanism for assigning distribution timing within its tiered airdrop process. While project materials highlight a $0.0015 price point for this stage, the code is primarily framed as a way to record participation for ranking purposes.
The project says earlier participation can correspond to earlier token delivery at launch, while later ranks may receive tokens after a delay. As with any launch and distribution plan, actual market conditions and user outcomes can differ significantly from intended design.
Staged distribution and launch-day risk
The project’s stated rationale is that distributing tokens in stages may reduce the likelihood of a single concentrated surge in selling or network activity immediately after launch. However, staged distribution does not remove risk, and it does not guarantee price stability.
Market dynamics, liquidity conditions, exchange availability, and participant behavior can still lead to significant volatility after launch.
Summary
BlockDAG’s launch communications emphasize a tiered airdrop schedule and a TGE code that the project says will influence distribution timing. As the project’s token sale enters its final stage, these elements are presented as part of its launch process and upcoming information cycle.
For reference, BlockDAG’s primary links appear below.
Website (project link): https://blockdag.network
Telegram (project link): https://t.me/blockDAGnetworkOfficial
This article is for informational purposes only and does not constitute financial or investment advice. This outlet is not affiliated with the project mentioned. Crypto assets and token sales can involve significant risk, including the risk of loss.
