XCAD Network Launches Web2-Friendly CEX for Creator Tokens, Bringing Liquidity to Watch2Earn Movement
XCAD Network, a creator token trading and fan loyalty platform, has announced the development of its centralized exchange (CEX) called XCAD CEX. The exchange aims to provide increased liquidity for XCAD Creator Tokens, which allow viewers to earn tokens by watching YouTube videos through a browser plugin. The XCAD CEX will have a familiar user interface and will support tokens across the entire XCAD Creator network, enhancing visibility and demand for these tokens on the open market.
XCAD Network targets the intersection of the global video streaming market, estimated at $500 billion, and the growing creator economy, projected to be worth $480 billion by 2027. The platform aims to offer new monetization options for content creators that integrate with existing platforms like YouTube. The XCAD team also plans to list Creator tokens on other CEXs, providing more opportunities for high-profile Creator Tokens to launch.
Oliver Bell, CEO of XCAD Network, stated that the XCAD CEX will bring visibility and liquidity to every creator and token holder, serving as a homebase for the XCAD token ecosystem. XCAD Network pioneered the Web3 watch-to-earn movement with its YouTube browser plugin, which creates additional revenue streams for creators and allows fans to participate in their long-term success. The platform has been adopted by popular YouTubers, including Mr Beast and KSI, with a combined subscriber base of over 780 million.
XCAD Network offers creators the ability to launch customized token projects in minutes through its native launchpad. These tokens can be utilized to foster deeper engagement with fans through interactive gamified experiences. In anticipation of the rising creator economy and influencer marketing, XCAD provides a framework for creators to build their own brands and enhance audience engagement through gamification and token rewards.
Overall, XCAD Network aims to empower content creators and viewers by introducing tokenization and monetization opportunities. The platform's ecosystem includes an e-learning platform, and its content creators collectively have a following of over 40 million followers.
XCAD Network, a creator token trading and fan loyalty platform, has announced the development of its centralized exchange (CEX) called XCAD CEX. The exchange aims to provide increased liquidity for XCAD Creator Tokens, which allow viewers to earn tokens by watching YouTube videos through a browser plugin. The XCAD CEX will have a familiar user interface and will support tokens across the entire XCAD Creator network, enhancing visibility and demand for these tokens on the open market.
XCAD Network targets the intersection of the global video streaming market, estimated at $500 billion, and the growing creator economy, projected to be worth $480 billion by 2027. The platform aims to offer new monetization options for content creators that integrate with existing platforms like YouTube. The XCAD team also plans to list Creator tokens on other CEXs, providing more opportunities for high-profile Creator Tokens to launch.
Oliver Bell, CEO of XCAD Network, stated that the XCAD CEX will bring visibility and liquidity to every creator and token holder, serving as a homebase for the XCAD token ecosystem. XCAD Network pioneered the Web3 watch-to-earn movement with its YouTube browser plugin, which creates additional revenue streams for creators and allows fans to participate in their long-term success. The platform has been adopted by popular YouTubers, including Mr Beast and KSI, with a combined subscriber base of over 780 million.
XCAD Network offers creators the ability to launch customized token projects in minutes through its native launchpad. These tokens can be utilized to foster deeper engagement with fans through interactive gamified experiences. In anticipation of the rising creator economy and influencer marketing, XCAD provides a framework for creators to build their own brands and enhance audience engagement through gamification and token rewards.
Overall, XCAD Network aims to empower content creators and viewers by introducing tokenization and monetization opportunities. The platform's ecosystem includes an e-learning platform, and its content creators collectively have a following of over 40 million followers.
26 March 2024 - XCAD Network, the creator-token trading and fan-loyalty platform ushering in the Web3 watch-to-earn movement, today announces the development of the XCAD centralized exchange (CEX) built specifically to furnish increased liquidity for its Creator Tokens. XCAD Creator Tokens enable viewers to earn tokens for watching YouTube videos via a simple browser plugin, and have already been adopted by YouTube creators with a combined subscriber base of over 780 million.
The XCAD CEX will follow the broader design ethos of the XCAD project by delivering a web2-friendly exchange with familiar UI/UX. The CEX will bolster liquidity for tokens across the entire XCAD Creator network, and will enable increased visibility and demand for XCAD creator tokens on the open market.
Targeting the intersection of a $500B global video streaming market and a rising creator economy forecasted to be worth $480B by 2027 according to Goldman Sachs, XCAD looks to provide new monetization options for content creators that integrate with existing platforms like YouTube.
The XCAD team has announced that Creator tokens will be listing on at least one CEX, which begs the question of which other CEX's high profile Creator Tokens could launch on.
“We’ve been eager to give our community members a way to trade their tokens with each other for some time and now we finally can. The XCAD CEX will bring visibility and liquidity to every creator and token holder, and provide a home-base for the XCAD token ecosystem,” said Oliver Bell, CEO of XCAD Network.
XCAD Network became a pioneer of the Web3 watch-to-earn movement following the success of its integrated YouTube browser plugin which creates new revenue streams for creators, and enables fans to being more involved in a Creators long term success.
The concept was backed at its early stages by YouTube phenomenons Mr. Beast and KSI, and has since been adopted by a host of global YouTubers with a combined following of over 780 million subscribers. XCAD creators include Mr. Indian Hacker, who has over 36 million YouTube subscribers; Khandeshi Movies, who has over 33 million subscribers; Renato Garcia, who has over 27 million, and many more.
XCAD’s native launchpad allows creators to spin up bespoke, customized token launches in a matter of minutes, which can be used to foster deeper engagement with fans through interactive, gamified experiences.
Anticipating the rise of the creator economy and influencer marketing, XCAD provides a framework for creators to become their own brands, and stoke engagement with audiences through gamification and token rewards.
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About XCAD Network
Xcad Network is the first of its kind, with a world-first online and mobile monetization platform and NFT marketplace for YouTubers, using tokenization to help content creators and viewers earn more. Within Xcad Network’s ecosystem, there is the e-learning platform, of which its content creators have an aggregate following of over 40 million followers.
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Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.
