Governance Takes Center Stage for BlockDAG at Keynote 3 Amid VeChain’s 43% Fall and ICP’s Recovery Efforts
Delve into how VeChain, Internet Computer, and BlockDAG are redefining blockchain solutions. Learn about BlockDAG's community governance model from Keynote 3.

As blockchain technology continues to evolve traditional systems, projects like VeChain and Internet Computer aim to revolutionize supply chain transparency and web decentralization, respectively. VeChain is focused on authenticating product quality and enhancing logistics, while Internet Computer is geared towards reimagining the internet through decentralized applications.
However, BlockDAG (BDAG) distinguishes itself with its community-based approach. It integrates governance directly into its framework from inception, providing users with genuine voting rights and transparent proposal processes, enabling them to directly influence the project’s trajectory. This model positions BlockDAG as a potentially new benchmark in Web3 governance.
VeChain: Transforming Supply Chain Transparency
VeChain is a blockchain solution that enhances supply chain management with transparent, immutable tracking of goods from production to delivery. It uses a dual-token system where VET tokens facilitate value transfer and VTHO tokens are used for operational costs within its ecosystem.
This system allows businesses to effectively track the authenticity, quality, and logistics of products in real-time. Established in 2015, VeChain has forged partnerships across various sectors including luxury goods, agriculture, and pharmaceuticals.
As of March 29, 2025, VET is priced at approximately $0.031, a significant decline from $0.172 a year prior, a drop of about 43.6%. Despite this decrease, projections indicate VET might rise to around $0.15 by the end of 2025.
Internet Computer Aims to Decentralize the Web
Internet Computer, developed by the DFINITY Foundation, aims to decentralize the internet by allowing decentralized applications to operate directly on the public web. This initiative lessens the dependency on conventional IT and cloud services, with ICP tokens serving as a medium for governance, participant rewards, and transaction fees.
Launched in May 2021, Internet Computer introduced a unique consensus mechanism to improve scalability and efficiency. As of March 29, 2025, ICP trades at about $5.31, down from its peak of $700.65 in May 2021, marking a 70.3% fall over the year. Future values for ICP are anticipated to fluctuate between $6.66 and $32.40 by year-end, depending on factors like institutional engagement and overall market conditions.
BlockDAG Prioritizes Community Control in Web3 Governance
As decentralized networks evolve, governance is increasingly seen as crucial for their long-term viability and building user trust. BlockDAG differentiates itself by not relegating governance to an afterthought but instead integrating it from the outset. It empowers its community with actual voting rights, clear proposal processes, and direct involvement in decision-making, thereby placing them in a leading role from the beginning.
This model allows coin holders to actively participate in voting on proposals and shaping the updates to the protocol, directly impacting the project’s growth from the initial launch. Governance in BlockDAG is practical and embedded in the fabric of the network, ensuring that user consensus drives system updates, economic adjustments, and funding decisions within the ecosystem.
BlockDAG’s strategy is garnering significant interest. Its crypto presale has amassed $210.5 million thus far, marking it as one of the top-performing launches in the sector. Currently, at Batch 27 with a price of $0.0248 per coin, it has achieved a 2,380% ROI since the first batch, with over 19 billion coins distributed. This surge is supported by a community ready to engage, contribute, and steer the project.
Thus, BlockDAG positions its governance model not just as a feature but as a core framework for collective advancement. As decentralized networks strive to fulfill their potential, this governance approach could set a new benchmark for others to follow.
Enhancing Blockchain with User-Driven Governance
While VeChain enhances supply chain visibility and Internet Computer redefines web services, both are pivotal in advancing blockchain integration. However, BlockDAG sets itself apart by empowering its users with governance from the beginning, making their input fundamental to its operations rather than a secondary consideration.
In the quest for more reliable and resilient decentralized systems, BlockDAG’s governance framework not only offers functionality but also promotes a participative environment where collective decisions shape the future. This unique approach could not only ensure sustainability but also shape the governance structures of future blockchain initiatives.
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