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XCAD Network (XCAD) is a decentralized platform that enables content creators to issue fan tokens, which can be earned by their audience through a Watch-to-Earn model. The platform allows creators to monetize their content and engage with their fans more effectively, while fans can earn rewards and participate in governance decisions. XCAD is the native token of the network, used for staking, governance, and trading creator tokens across multiple blockchain platforms.
The XCAD Network (XCAD) is a cryptocurrency project that empowers content creators to monetize their audiences and engage with their fans in a more rewarding manner. Here is how XCAD is used:
Key Uses of XCADStaking and Liquidity:
- Creators need to stake XCAD tokens to create their own Creator Tokens (CTs) and participate in Initial Creator Liquidity Offerings (CLOs).
- Viewers can also stake XCAD to increase their CT rewards.
- XCAD is paired with every CT in CLOs and locked to provide liquidity.
Governance:
- XCAD serves as a governance token, allowing holders to propose and vote on the development of the XCAD ecosystem through the XCAD Governance Portal.
Multichain Presence:
- XCAD is available across multiple blockchains, including Zilliqa, Ethereum, BNB Chain, Polygon, Metis, and Arbitrum.
- Users can transfer XCAD between these chains using the official bridges of each network.
Creator Tokens and NFTs:
- Creators can launch their own CTs and mint NFTs to reward their followers.
- Fans can earn CTs by engaging with creators through the XCAD ecosystem via the XCAD browser extension.
Trading and Swapping:
- The XCAD DEX (Decentralized Exchange) allows users to trade CTs for XCAD and other tokens.
- XCAD can be used to swap between different creator tokens.
Influencer MarketCap and NFT Marketplace:
- The Influencer MarketCap page displays current YouTubers who have joined the ecosystem and their CTs.
- The NFT marketplace (not yet live) will be the place to trade NFTs designed by creators within the XCAD ecosystem.
- Watch2Earn Concept:
- Fans can earn CTs by watching videos from their favorite creators, creating a unique watch2earn experience.
The XCAD Network aims to bridge the gap between content creators and their audiences by providing a platform where both parties can benefit. Creators can monetize their content and engage with their fans more effectively, while fans can earn rewards and participate in the governance of the ecosystem.
To store XCAD Network (XCAD) tokens, you have two primary options:
Store XCAD Network in Your KuCoin Account:
- Holding your XCAD Network tokens in your KuCoin account provides quick access to trading products such as spot and futures trading, staking, lending, and more. KuCoin acts as the custodian of your crypto assets, ensuring you don't need to manage private keys. Ensure you set up a strong password and upgrade your security settings to prevent unauthorized access to your funds.
Hold Your XCAD Network in Non-Custodial Wallets:
- For maximum security, you can withdraw your XCAD Network tokens to a non-custodial wallet. This grants you complete control over your private keys. You can use various types of wallets, including hardware wallets, Web3 wallets, or paper wallets. However, this option may be less convenient if you plan to trade your XCAD Network tokens frequently or use them for other activities. Be sure to store your private keys securely to avoid losing access to your tokens.
To buy XCAD Network (XCAD) tokens, follow these steps:
Create a Crypto Wallet: Download a crypto wallet that supports the blockchain where XCAD Network is listed. Ensure you download the official Chrome extension or mobile app from the wallet's website.
Set Up Your Wallet: Register and set up your crypto wallet, taking note of your seed phrase and wallet address.
Buy a Base Currency: Buy ZIL (Zilliqa) as your base currency on Binance. If you are not an existing user, refer to the guide on registering and buying your first cryptocurrency on Binance.
Transfer ZIL to Your Wallet: Withdraw your ZIL from Binance to your crypto wallet, ensuring you set the network to Zilliqa and provide your wallet address.
Choose a Decentralized Exchange (DEX): Select a DEX that supports your wallet and the blockchain where XCAD Network is listed. Ensure the DEX supports the wallet you selected.
Connect Your Wallet to the DEX: Connect your crypto wallet to the chosen DEX using your wallet address.
Trade Your ZIL for XCAD: Select ZIL as the payment and XCAD Network as the coin you want to acquire. If XCAD Network does not appear, find its smart contract address on Layer 1's block explorer and paste it into the DEX.
Apply the Swap: Click the Swap button to complete the trade.
Alternatively, you can buy XCAD Network on centralized exchanges like KuCoin by following these steps:
Create a KuCoin Account: Sign up on KuCoin with your email address, mobile phone number, and country of residence. Verify your identity and secure your account with Google 2FA and a trading password.
Add Funds: Add a payment method, such as a credit/debit card or bank account, to buy USDT or other supported cryptocurrencies.
Transfer Funds to Trading Account: Transfer your USDT or other cryptocurrencies to your KuCoin Trading Account.
- Buy XCAD Network: Use your transferred funds to buy XCAD Network in the spot market. You can place market orders or limit orders to buy XCAD Network at a specified price.
Remember to always follow security guidelines and be cautious of scams when trading cryptocurrencies.
The XCAD Network (XCAD) is a cryptocurrency project that aims to revolutionize the creator economy via tokenization. The project went live in March 2021 and has already made significant strides in its ecosystem.
Key Milestones- March 2021: XCAD Network launched, introducing the concept of watch2earn, where fans can earn tokens by engaging with creators through the XCAD ecosystem.
- 2021: The project started allowing YouTubers to issue their own fan tokens, which can be earned by their fans for watching their content directly on YouTube.
- 2023: XCAD Network migrated its BSC contract to a new contract address, ensuring continued functionality and growth.
- 2024: The project continued to expand, with updates such as the XCAD Arbitrum Token Swap and the launch of the V2 Plugin, enhancing the user experience and functionality.
- Influencer MarketCap: A platform where users can view current YouTubers who have joined the ecosystem and their creator tokens (CTs).
- XCAD DEX: A decentralized exchange where users can swap CTs for XCAD and other Zilliqa-based tokens.
- XCAD Governance Portal: Enables creators to propose and vote on further development of the XCAD ecosystem.
- XCAD Plugin: A tool that allows both creators and viewers to make the most of the watch2earn project.
- NFT Marketplace: A platform for trading NFTs designed by creators within the XCAD ecosystem.
- XDAC Launchpad: A dapp that enables YouTuber creators to create their CTs by raising initial liquidity.
The XCAD coin is the native cryptocurrency of the XCAD ecosystem. It serves multiple purposes, including:
- Staking: Creators need to stake XCAD tokens to create their own CT tokens, and the higher their stake, the larger the payouts.
- Governance: XCAD tokens are used for governance, allowing holders to participate in decision-making processes.
- Liquidity: XCAD tokens are paired with every CT in CLOs and locked to provide liquidity.
The XCAD coin is available across several blockchains, including Zilliga, Ethereum, BNB Chain, Polygon, Metis, and Arbitrum. Users can transfer XCAD between these chains using the official bridges.
Current StatusThe XCAD Network continues to evolve, with ongoing updates and improvements to its ecosystem. The project remains focused on empowering creators and their audiences through tokenization and watch2earn incentives.
The XCAD Network is a blockchain-based platform that allows content creators, particularly YouTubers, to tokenize their audiences and reward their fans with unique tokens. Here's how it works:
Creator TokenizationContent creators can apply to tokenize their audience, which involves launching their own creator tokens (CTs). These tokens are minted and traded within the XCAD ecosystem, allowing creators to monetize their audience and reward their fans. Creators need to stake XCAD tokens to access initial creator liquidity offerings (CLOs), which provide liquidity for their tokens.
Earning Creator TokensFans can earn creator tokens by engaging with their favorite creators through the XCAD ecosystem. This is primarily done using the XCAD browser extension, which integrates with YouTube. By watching videos, sharing content, and participating in governance, fans can earn tokens that can be traded for various perks and utilities within the XCAD network.
XCAD Token UtilityThe XCAD token serves multiple purposes:
- Staking: Creators and fans can stake XCAD tokens to increase creator token rewards and payouts.
- Governance: XCAD tokens are used for governance, allowing creators to propose and vote on ecosystem developments.
- Liquidity: XCAD tokens are paired with creator tokens in CLOs, providing liquidity for the ecosystem.
- Cross-Chain: XCAD tokens can be transferred between multiple blockchains, including Ethereum, Zilliqa, Binance Smart Chain, Polygon, and others, using official bridges.
The XCAD ecosystem consists of several components:
- Influencer MarketCap: Tracks and analyzes creator tokens.
- dXCAD DEX: A decentralized exchange for swapping and trading creator tokens and other crypto assets.
- Governance Portal: Allows creators to propose and vote on ecosystem developments.
- #Watch2Earn: Enables fans to earn tokens by watching videos.
- NFT Marketplace: For buying and trading creator NFTs.
- Launchpad: Raises funds for initial creator liquidity offerings.
- XCAD Social: A platform for trading creator keys and accessing influencer content.
The XCAD token has a total supply of 200 million, with various allocations for pre-seed rounds, seed sales, liquidity, ecosystem incentives, teams, partners, and advisors.
RoadmapThe XCAD Network has a roadmap outlining its development plans for 2024, including new economic models, creator token offerings, social events, and improvements to the user interface and analytics software.
Overall, the XCAD Network aims to revolutionize content monetization and audience engagement by empowering creators and providing a more tangible and engaging experience for fans.
The token XCAD Network (XCAD) has several strengths that make it a unique and promising cryptocurrency project:
Pioneering the Watch2Earn Concept: XCAD Network is pioneering the watch2earn concept, which allows fans to earn Creator token rewards for watching their favorite creators directly on YouTube. This innovative approach incentivizes fan engagement and rewards loyalty, bringing fans closer to the creators they support.
Extensive Ecosystem: The XCAD ecosystem includes various components such as the XCAD DEX (decentralized exchange), XCAD Governance Portal, XCAD Plugin, and an NFT marketplace. This comprehensive ecosystem provides a range of tools and opportunities for both creators and fans to engage and monetize their content.
Fast and Low-Cost Transactions: As it is built on the Zilliqa blockchain, XCAD Network offers fast transactions at a very low cost, making it an efficient platform for users.
Multi-Chain Availability: The XCAD coin is available across several blockchains, including Zilliga, Ethereum, BNB Chain, Polygon, Metis, and Arbitrum. This allows for seamless transfers between chains using official bridges.
Staking and Governance: XCAD tokens can be staked to increase Creator token rewards, and the coin also serves as a governance token, enabling holders to participate in decision-making processes within the ecosystem.
High Staking Rewards: XCAD Network offers high staking rewards, with APY rates of up to 125% available through platforms like CoinUnited.io.
- Strong Marketing Reach: The project has partnered with YouTubers having over 750 million subscribers, which provides a significant marketing reach and potential for widespread adoption.
These strengths collectively position XCAD Network as a unique and promising project in the cryptocurrency space, offering a comprehensive ecosystem and innovative features that benefit both creators and fans.
XCAD Network (XCAD) carries financial risks due to its inherent volatility and potential for manipulation. InvestorsObserver research assigns XCAD a high risk gauge rank, indicating that the token can be easily influenced by limited trading activity. This is based on the amount of money required to shift its price over a 24-hour period, along with changes in volume and market capitalization. Additionally, the cryptocurrency market is known for its unpredictability, making it challenging to project exact price movements and increasing the risk for investors.
- Oliver Bell: CEO and Co-Founder of XCAD Network, responsible for overall strategy and direction.
- Bernice Thomas: Co-Founder of XCAD Network, involved in the project's development and growth.
- Domen Trontelj: Community Manager, handles community engagement and support.
- Mariano Perez: Team member, contributes to the project's technical and operational aspects.
- Guido De Vita: Team member, involved in the project's development and growth.
- Ben Tran: Team member, supports the project's technical and operational aspects.
- Abed Hardcastle: Team member, contributes to the project's development and growth.
- Dylan Rigby: Team member, involved in the project's technical and operational aspects.
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