XCAD Network (XCAD)

Deprecated

Content Creator Monetization

XCAD Network lets YouTubers and other content creators create their own tokens. Fans earn these tokens by watching videos and engaging with content. This helps creators increase their engagement, watch time, and income.

Fan Rewards and Engagement

Fans get rewarded for watching and supporting creators. They can earn tokens, trade them, and use them to access special content or NFTs from their favorite creators.

NFT Marketplace

XCAD Network has a marketplace where creators can sell NFTs of special video moments. Fans can buy, trade, and collect these unique digital items.

Token Utility and Economy

The XCAD token is used to buy creator tokens, stake for rewards, and participate in the platform’s decentralized exchange. This creates real demand and supports a healthy token economy.

Education and Tools

The platform offers educational resources to help creators grow their channels by understanding YouTube’s algorithm and improving their content strategies.

Integration with YouTube

XCAD Network works directly with YouTube through a Chrome extension, making it easy for users to earn tokens while watching videos without changing their usual habits.

Advantages

• XCAD Network enables fans to earn creator tokens by watching videos, creating a watch-to-earn model that connects creators and audiences.
• Supported by popular YouTube creators like Mr. Beast and KSI, which helps increase its visibility and adoption.
• Offers a platform for content creators to issue their own tokens, providing new ways to engage and reward their fans.
• Integrates with wallets like MetaMask for easy token management and trading on decentralized exchanges.
• Expanding ecosystem with plans for creator tokens and an exclusive NFT marketplace.
• Uses liquidity pools to facilitate trading and rewards distribution.
• Probability models suggest a high chance (around 91.83%) of price increase over 90 days, indicating potential growth.

Disadvantages

• The price has recently declined by about 12.20%, underperforming the overall crypto market and similar Polygon ecosystem tokens.
• As a micro-cap token, it can experience high volatility and price swings with relatively low trading volume.
• Watch-to-earn rewards may be small compared to the time invested watching content.
• The platform and token are relatively new (founded in 2020), so long-term sustainability is still uncertain.
• Requires users to import tokens manually or use browser extensions, which may be less convenient for some.
• Exposure to market fluctuations and smart contract risks inherent in crypto projects.

Founders of XCAD Network

The founders of XCAD Network are Oliver Bell, Joel Morris, and Bernice Thomas. Oliver Bell is the CEO and co-founder, a successful YouTuber and entrepreneur with experience in blockchain and digital content. Joel Morris is a co-founder and CCO, a YouTuber with over 2.5 million subscribers involved in marketing and content creation. Bernice Thomas is the co-founder and CTO, with expertise in blockchain technology and digital content. Together, they combined their skills to build the platform.

Investors in XCAD Network

XCAD Network has raised about $10.7 million from 8 investors. Some of the known investors are Block Wolves, Nxstudios, Raptor Capital, DAO Maker, GBV Capital, Jump Crypto, Zilliqa, and LD Capital.

Halal Status

Yes, XCAD Network is considered halal based on research that includes reviewing its whitepaper, website, and other platforms.