What’s XCAD Community (XCAD)?
XCAD Community is a blockchain undertaking for content material creators which seeks to disrupt the way in which on-line content material creators work together with their followers and earn revenue from monetising their content material with tokenisation, a market, and an ecosystem.
XCAD Community creates a extra interactive method for audiences to take pleasure in content material from their favorite streamers, bloggers, and influencers, by XCAD community’s Youtube-compatible browser plug-in, creator tokens, NFTs, and governance of creator choices and milestones.
Audiences can earn, stake, view and commerce native creator tokens and particular “creator second” NFTs, in addition to affect creator choices. Creators can take pleasure in extra methods to monetise their content material whereas breaking the reliance on third events and create a richer and extra partaking viewer expertise for his or her audiences.
XCAD Community (XCAD)
XCAD Community is an formidable blockchain undertaking which intends to realign the incentives surrounding on-line content material creation. With the way in which issues presently work, content material creators are underneath the watch of monolithic centralised platforms like Youtube and Instagram, which have a monopoly of types on the audiences content material creators rely on.
Social media content material platforms like Youtube, the place folks hunt down content material from their favorite creators, typically reasonable and curate the content material obtainable on their platforms; this leaves creators at a drawback. They’re on the mercy of the algorithms, susceptible to not having their content material seen, and the phrases of compensation can change on the whims of the platform, and so can the principles, which may change immediately with an replace to the Phrases of Service.
XCAD community goals to supply content material creators an alternate which is able to permit them to create a greater expertise for his or her followers whereas providing new alternatives by tokenisation and decentralisation. It does this by permitting content material creators to difficulty “creator tokens” on the XCAD community.
Creator tokens have a number of distinctive capabilities; they permit creators to reward viewers, let followers take part within the creator’s choices by governance, will be traded for different creator tokens, will be traded on the XCAD Decentralised Trade (DEX), will be traded for XCAD tokens, will be staked for entry to uncommon NFTs, and also can grant creator token holders early entry to restricted version collectable merchandise and particular provides for creator providers.
How XCAD Works
XCAD Community is a multichain ecosystem and token which launched in 2021 as an ERC-20 token on Ethereum after which made the addition of Zilliqa as a ZRC-2 token and has since migrated to extra chains like Binance Good Chain and Polygon.
XCAD community consists of its native token, XCAD, which lets customers work together with the varied platforms that make up the XCAD community ecosystem. These platforms encompass DEXs, a governance portal, a browser plugin with Youtube integration, cross-chain bridges, staking swimming pools, and creator swap, which lets customers trade creator tokens.
Creators can apply for tokenisation, and, if permitted, take pleasure in advantages reminiscent of launching their very own creator tokens and NFTs, which they’ll reward to the viewers, or monetise by unique choices. The expertise is extra tangible and fascinating for followers.
Audiences can profit from incomes creator tokens by watching 80% of the movies from their favorite creators or sharing, taking part in governance to affect the creator’s choices, buying and selling for different creator tokens, gaining access to restricted version merch, occasion entry, shoutouts, and different perks.
All creator tokens exist inside the XCAD ecosystem however will be transformed to and from XCAD, which may work together with the broader Web3 multichain financial system. XCAD community goals to revolutionise content material monetisation and viewers engagement by empowering creators and offering a greater expertise for followers.
Why is XCAD Community Distinctive
XCAD Community has targeted on UI and making the expertise top notch, so customers could not even know they’re utilizing a blockchain when interacting with the community, plugin, and tokens. Followers merely add a plugin to their browser and watch Youtube movies, and so they start incomes creator tokens, which can be utilized for quite a lot of perks and utility use instances inside the XCAD Community.
Creators are issued creator tokens as soon as they’ve been permitted and onboarded and are incentivised by a sequence of milestones and token burn occasions, which create shortage and create worth for present token holders because the creator achieves success. This rewards each the creators and followers who’ve proven probably the most assist by holding and utilizing creator tokens.
XCAD Community Ecosystem
- XCAD Utility Token
- Creator Tokens & NFTs
- XCAD DEX On Zilliqa Blockchain
- XCAD Browser Plugin
- XCAD Governance Portal
- XCAD Influencer Marketcap rating web page
- XCAD NFT Moments Content material Creator’s Market
- XCADemy Youtube Content material Creator Instructional Platform
- XCAD Fiat Gateway
- XCAD Help Portal
There may be additionally the prolonged multichain presence of the XCAD token, which will be discovered on Ethereum, Zilliqa, Binance Chain, and Polygon. XCAD Community additionally integrates with cross-chain bridges and DApps, and DEXs.
What’s the XCAD Token
The XCAD token is the native token for the XCAD Community, and its function within the ecosystem is that of a utility and governance token. Throughout the XCAD Community, the XCAD token has a number of key makes use of.
XCAD will be staked in creator staking swimming pools for elevated creator token rewards, this staking mannequin creates upward value stress as tokens are locked and circulating provide reduces. Moreover, XCAD is the one asset that can be utilized for the XCADemy Youtube Content material coaching and for buying and selling creator tokens.
The governance use case for XCAD tokens is expounded to content material creator milestones, the place customers that maintain XCAD are given an opportunity to vote and affect choices made by the content material creator. XCAD governance choices happen within the XCAD Community Governance Portal, and customers can vote with XCAD.
XCAD Tokenomics
The XCAD token has a complete provide of 198,851,676 XCAD tokens. Out of this complete provide, solely round 17% are presently circulating, with 33,260,245.22 on the time of writing.
XCAD Community Roadmap
2022 Q3
- Extra CLOs Reside
- CLO Enhancements
- Entry code rollout continued
- YouTuber promotion
- Cellular Utility for Rewards
- NFT Moments
- BNB Chain Reside on Plug-In*
- New Web site
- Plug-In Enhancements
2022 This fall
- Twitch Integration
- BNB Chain Reside on Plug-In*
- Twitch creators introduced
- Firefox assist for the Plug-In
- YouTuber Promotion
- XCAD.com Launch
- BSC DEX Reside
*Dependant on third events
XCAD Community Crew
XCAD Community was based by Ollie Bell, Joel Morris, and Bernice Thomas. XCAD has a small staff with a small group of well-connected advisors with experience in blockchain, economics, and the leisure trade.
Tips on how to purchase XCAD on Bitfinex
Tips on how to purchase XCAD with crypto
1. Log in to your Bitfinex account or join to create one.
2. Go to the Deposit web page.
3. Within the Cryptocurrencies part, select the crypto you intend to purchase XCAD with and generate a deposit tackle on the Trade pockets.
4. Ship the crypto to the generated deposit tackle.
5. As soon as the funds arrive in your pockets, you may commerce them for XCAD. Discover ways to commerce on Bitfinex right here.
Tips on how to purchase XCAD with fiat
1. Log in to your Bitfinex account or join to create one.
2. You might want to get full verification to have the ability to deposit fiat to your Bitfinex account. Study completely different verification ranges right here.
3. On the Deposit web page, underneath the Financial institution Wire menu, select the fiat forex of your deposit. There’s a minimal quantity for fiat deposits on Bitfinex; study extra right here.
4. Verify your Bitfinex registered e mail for the wire particulars.
5. Ship the funds.
6. As soon as the funds arrive in your pockets, you should use them to purchase XCAD.
Additionally, now we have Bitfinex on cellular, so you may simply purchase XCAD forex whereas on-the-go.
[AppStore] [Google Play]
XCAD Neighborhood Channels
Web site | Twitter | Telegram | Medium
