XCAD Network

What is XCAD Network?

XCAD Network empowers YouTubers by facilitating tokenization, enabling them to convert their extensive audiences into web 3.0 communities. The XCAD browser extension permits viewers to accumulate Creator's tokens while enjoying content from their preferred Creators. Through the XCAD plugin, viewers can earn, stake, view, and trade Creator's tokens seamlessly. The plugin seamlessly integrates with YouTube, operating in the background as users watch videos.

Once a viewer has installed the XCAD plugin and watches 80% or more of a tokenized Creator's video, they receive rewards in the form of Creator's tokens. These tokens empower viewers to participate in polls initiated by their favorite Creators, with the weight of their votes increasing in proportion to the number of tokens held. This ensures that the most devoted fans exert a greater influence on a Creator's content.

Fans also have the option to exchange their Creator's tokens for tokens associated with other Creators. Additionally, they can use these tokens to make purchases such as merchandise, NFTs, and more.

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Recent Video Interview

Main points of the interview:

• XCAD Network is an NFT and fan token platform for YouTube creators.
• XCAD addresses growth challenges for small YouTubers.
• XCAD token utility and value generation through fan engagement and content creation.
• Expansion Plans: Initial focus on YouTube creators, potential expansion to Twitch and beyond discussed.

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XCAD Network's Ecosystem

The XCAD ecosystem comprises several decentralized applications (dApps) designed to enhance and contribute value to the Creator token ecosystem:

1. Influencer MarketCap: Monitor and analyze Creator tokens.
2. dXCAD DEX (Decentralized Exchange): Facilitate the swapping, trading, and selling of Creator tokens and other cryptocurrency assets.
3. Governance Portal: Participate in influencing your favorite Creator's decisions by voting on polls using your tokens.
4. #Watch2Earn: Watch content from your favorite creators and earn tokens.
5. NFT Marketplace (Coming Soon): Purchase Creator NFTs.
6. Launchpad: Secure funds for the initial liquidity of a creator.

What is the XCAD Token?

XCAD Token Functionality:

1. Staking provides access to initial Creator Liquidity Offerings.
2. Paired with Creator Tokens (CTs) in Creator Liquidity Offerings, permanently securing XCAD tokens in liquidity.
3. Staking enhances rewards for Creator Tokens.
4. Creators can stake XCAD to boost their payouts.
5. Functions as a governance token for Creators seeking tokenization.
6. Drives the Creator token Decentralized Exchange (DEX).

XCAD Network Team Background

The team of XCAD Netowrk consists of Oliver Bell (CEO), Bernice Thomas (CTO), Domen Trontelj (Community Manager), Mariano Perez (Program Manager), Guido De Vita (Director Of Technology), Ben Tran (Lead Developer), and many more.

One team member has been actively engaged as a YouTuber since 2013 and continues to do so. This experience provides valuable industry insights that contribute to the development of Xcademy. Furthermore, the project benefits from guidance by notable advisors, including the Co-Founder of DAO Maker and the CEO & Co-Founder of Zilliqa.

XCAD Network Project Development

A special VIP program was introduced by XCAD in November 2023. To qualify as an XCAD VIP, the project seeks individuals with a substantial history within the XCAD community. They should possess a deep understanding of XCAD and its mission in the web3 space, demonstrating a belief in the future of Creator Tokens/SocialFi. While prior experience in content creation, social media management, translations, creative design, research, and reporting is not mandatory, it is preferred for potential VIP candidates.

Individuals granted XCAD VIP status have the opportunity to engage in various impactful activities. This includes testing and providing feedback on products before their official release, addressing user inquiries, promoting awareness and education about XCAD on social media, reporting FAQs and community concerns to the XCAD team, aiding in event organization, assisting users in utilizing the platform, and contributing to the development of tools within the XCAD ecosystem.

XCAD Network Price Analysis

As of November 24 2024 XCAD Network has a marketcap of $22M. This is {{percentagefromath}} from its all time high of $9.06. In terms of its tokenomics, there's a total supply of 199M with 29% currently outstanding. Keep in mind XCAD Network has a fully diluted value of $76M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.