XCAD Network: A Deep Dive into Creator Tokens and the Future of Fan Engagement
The digital creator landscape is booming, but traditional monetization models often leave creators and fans disconnected. XCAD Network emerges as a game-changer, empowering creators with innovative tools and fostering a more engaged ecosystem through Creator Tokens. XCAD NETWORK opening up new opportunities for both content creators and their fans. XCAD Network exists as a revolutionary platform that leverages the power of blockchain and tokenization to empower creators and build connected communities.
Let’s delve into the exciting world of XCAD NETWORK and its potential to reshape the digital creator economy.
🟣 What is XCAD Network (XCAD)?
Imagine a platform where creators can not only share their content but also build a loyal fanbase through unique engagement features. That’s the essence of XCAD Network. XCAD Network is a platform that allows content creators to issue their own fan tokens . Fans can earn these tokens by watching their favorite creators’ content directly on YouTube. XCAD Network provides a platform specifically designed for creators, particularly those on YouTube, to build stronger relationships with their audiences.
#Watch2Earn: Fans become active participants by earning Creator tokens simply for watching their favorite creators’ videos through the XCAD browser extension or Android ,for iOS . This incentivizes viewership and loyalty, encouraging deeper engagement.
Creator Tokens go beyond simple fan appreciation. They offer a range of utilities that benefit both creators and fans:
⦿ For Creators:
✔ Monetization: Creator Tokens open a new revenue stream, allowing creators to earn directly from their most dedicated fans.
✔ Fan Engagement: Interactive features like token-gated content and polls hosted through Creator Tokens drive deeper connections with the audience. Creators can understand their fanbase better and tailor their content accordingly.
✔ Community Building: Creator Tokens foster a sense of belonging within the fanbase, creating a loyal community invested in the creator’s success.
⦿For Fans:
✔ Direct Support: Fans can directly contribute to the financial well-being of creators they value, ensuring the continued production of high-quality content.
✔ Exclusive Access: Earned Creator Tokens unlock a world of exclusive content, merchandise, early releases, or discounts on merchandise and experiences, making fans feel truly valued.
✔ Voting Rights: Holders might get voting rights on future content decisions or platform development.
✔ Community Participation: Creator Tokens act as a gateway to a vibrant community centered around shared interests, fostering a sense of belonging and connection with other fans.
🟣 XCAD Network Fundamental Analysis And Potential
Xcad Network offers a unique approach to the creator economy by merging DeFi and fan engagement. Let’s explore the potential benefits
● Revolutionizing Content Monetization: Xcad empowers creators to establish their own token economies, potentially creating new revenue streams beyond traditional advertising.
● Deeper Fan Engagement: Fans can earn creator tokens by watching content, fostering a more interactive and rewarding relationship between creators and audiences.
● Partnerships: XCAD Network has established partnerships with several well-known YouTube creators like Mr Beast , KSI and other blockchain platforms like Zilliqa, Carbon browser, Thena etc
● Technology: The XCAD platform is built on the zilliqa and Binance Smart Chain blockchain which is renowned for its scalability and security.
● Community: XCAD Network has a fast-growing community with over 324K Twitter followers, 46K+ $XCAD token holders, 520000+ apps download. XCAD has signed over 100+ youtubers that have a combined subs of 770+ millions who will soon issue their own creator token and promote their product to addiences.
● Experienced Team: XCAD has an experienced team of entrepreneurs and technologists who have a proven track record of success in the tech industry. This team has the skills and knowledge to develop and execute a successful business strategy
● Unique Tokenomics: XCAD’s tokenomics model is designed to incentivize content creators and to drive the growth of the ecosystem. The XCAD token is deflationary, which means that the total supply of tokens will decrease over time. This is designed to make the token more valuable and to encourage users to hold it. The token is also used to pay for goods and services within the XCAD ecosystem, further increasing its utility.
🟣 XCAD Token (XCAD): Fueling the Ecosystem
The XCAD token is the native currency of the platform, used for various purposes:
✅ Accessing Features: Grants access to premium features like CLOs within the XCAD ecosystem.
✅ Governance: XCAD token holders can participate in platform governance decisions.
✅ Watch2Earn Rewards: Users earn XCAD tokens for watching content on the XCAD platform. Basically users could swap Creator token to XCAD token within the app.
✅ Creator Payments: Creators stake XCAD tokens to increase payouts from their fans’ viewing activity.
✅Marketplace Transactions: Users can purchase NFTs and other digital items with XCAD token
✅ Staking: Users can stake their XCAD tokens to earn additional rewards.
✅ Trading: XCAD tokens can be traded on cryptocurrency exchanges.
✅ xcad.social key buying: users can only buy XCAD Social creators key with XCAD token.
🟣Token Statistics & Analysis(as of March 15, 2024):
Total Supply: 198,813,158 XCAD
Circulating Supply: 47,726,796 XCAD
XCAD price: 1.958
CMC Rank: 493
Trading Volume (24h): $9,079,106
Total Holders: 46141
Total Locked: 5,564,433
XCAD has a finite maximum supply of 199,105,531 tokens. This means new tokens cannot be created infinitely, which can contribute to potential price appreciation in the long run, assuming demand stays the same or increases.
For more info visit official Stats website
🟣Comparison of XCAD Network (XCAD) & Chiliz
Xcad Network vs. Chiliz Fan Token Platform: A Comparative Analysis
Both Xcad Network and Chiliz aim to revolutionize the creator economy by leveraging blockchain technology and fan tokens. Here’s a comparison to understand their key distinctions:
Focus:
Xcad Network: Provides a broader suite of DeFi tools for creators, encompassing token creation, NFT marketplaces, and engagement mechanisms. It caters to a wider range of content creators, including YouTubers, streamers, and potentially even educators.
Chiliz Fan Token Platform: Primarily focuses on sports and entertainment. Chiliz partners with sports teams and organizations to create fan tokens, allowing fans to engage and potentially influence the teams they support through voting rights or exclusive content.
Token Utility:
XCAD Token: Used for transactions within the Xcad ecosystem, including buying creator tokens, interacting with the NFT marketplace, and potentially future staking and governance.
Chiliz Token (CHZ): While CHZ can be used for purchasing fan tokens on the Chiliz exchange, it doesn’t have direct utility within the individual fan token ecosystems themselves.
Similarities:
Both leverage blockchain technology: Both platforms utilize blockchain to facilitate secure transactions and token ownership.
Fan Engagement: Both aim to foster deeper fan engagement through tokenized communities and exclusive content access.
Differences:
Target Audience: Xcad caters to a broader creator base, while Chiliz focuses on sports and entertainment.
Token Utility: XCAD has wider utility within its ecosystem, while CHZ primarily serves as a currency for acquiring fan tokens on the Chiliz exchange.
Earning Mechanisms: Xcad offers a more standardized way for fans to earn tokens through engagement, while Chiliz’s earning mechanisms vary by fan token.
Both Xcad Network and Chiliz are fan token platforms, but they target different sectors. Chiliz has seen significant growth in the past, and Xcad’s focus on the booming digital creator economy positions it well for potential future success. Xcad’s web2 compatibility could also be a major advantage, attracting a large existing fanbase ready to migrate with the upcoming Q1 updates on 27th march 2024.
Now, what would happen if Xcad Network reached the market cap of Chiliz? It’s difficult to predict with certainty, but here are some possibilities
As of 15 March 2024
CHZ
Market Cap: $1,300,039,802
Circulating Supply: 8,888,290,622
Current Price: $0.1463
XCAD
Market Cap: $93,453,016
Circulating Supply: 47,726,796
Current Price: $1.958
if the XCAD network were to reach a market capitalization of $1.3 billion, which is the current market cap of CHZ, the price of XCAD would be around $27.2.
Target Market Cap (CHZ) = $1,300,000,000
Circulating Supply (XCAD) = 47,726,796
Theoretical Price (XCAD) =
= $1,300,000,000 / 47,726,796
= $27.24 (approximately)
if the XCAD network reaches the all-time high market cap of CHZ, which is $3.5 billion, the price of XCAD would be around $73.33.
Target Market Cap (CHZ) = $3,500,000,000
Circulating Supply (XCAD) = 47,726,796
Theoretical Price (XCAD) =
= $3,500,000,000 / 47,726,796
= $73.33 (approximately)
The global igital content creation market was valued at USD 25.6 billion in 2022 and is estimated to expand at a CAGR of 13.5% from 2023 to 2030 (source). The watch-to-earn concept is innovative and has the potential to attract a large user base, which could drive up demand for XCAD tokens and consequently increase the market cap. 5B isn’t that hard for Xcad Network in upcoming days.
🟣Founder & Team XCAD Network
Oliver Bell: CEO & Co-Founder
XCAD Team: Consists of experienced professionals in the fields of blockchain, technology, and finance.
🟣 Past Achievements and Future Roadmap: XCAD’s Trajectory
XCAD has already made significant strides in the creator economy:
Launched: XCAD Network was launched on May 27, 2021, and was listed on several exchanges including KuCoin, Gate.io, PancakeSwap, and Uniswap.
CLO Launchpad: On January 15, 2022, the Creator Liquidity Offerings (CLO) were introduced to provide liquidity for some tokens and help lock creator liquidity offerings.
Android App: The Android application was launched on January 12, 2023, and achieved over 100,000 downloads within the first two months.
PLAY Launched: The PLAY area and the PLAY token were launched on April 13, 2023.
iOS App: Released on September 6, 2023, this milestone introduced a lottery allowing users to win super NFTs and other big prizes.
XCAD Social App: XCAD Social was launched in 19th DEc 2023. XCAD Social offers creators new ways to monetize their content. They can earn a percentage of trading fees generated by “keys” associated with their content. Additionally, the Creator Launchpad allows them to transform their best-performing content into Creator Tokens, opening up further earning opportunities.
These milestones highlight the growth and development of XCAD Network in the crypto space.
Looking ahead, XCAD’s roadmap boasts exciting developments:
The XCAD Network’s vision is creating a robust ecosystem that caters to the needs and aspirations of both fans and creators. The goal is to become #1 Fan Engagement & Trading Platform for Creators and their fans.
XCAD Network V2 is more focused on addressing barriers faced in V1 and gaining wider adoption of the XCAD token like Solutions have web3 payment gateways, microtransactions, gas fees, user experience, and the speculative value of Creator Tokens (CTs).
V2 Developments are expected to be released in Q1, 2024 (27th March).
🔸 Payment Gateway: 𝐗𝐜𝐚𝐝 𝐍𝐞𝐭𝐰𝐨𝐫𝐤 𝐢𝐬 𝐦𝐚𝐤𝐢𝐧𝐠 𝐢𝐭 𝐞𝐚𝐬𝐢𝐞𝐫 𝐟𝐨𝐫 𝐰𝐞𝐛𝟐 𝐮𝐬𝐞𝐫𝐬 to enter the crypto space with their new 𝐩𝐚𝐲𝐦𝐞𝐧𝐭 𝐠𝐚𝐭𝐞𝐰𝐚𝐲!
The gateway will offer some features that are designed to make the onboarding process very easy for new users, including:
𝐖𝐞𝐛𝟐 𝐍𝐚𝐭𝐢𝐯𝐞 𝐂𝐡𝐞𝐜𝐤𝐨𝐮𝐭 𝐞𝐱𝐩𝐞𝐫𝐢𝐞𝐧𝐜𝐞 : This will make the checkout process familiar for web2 users.
𝐄𝐚𝐬𝐲 𝐀𝐜𝐪𝐮𝐢𝐬𝐢𝐭𝐢𝐨𝐧 𝐨𝐟 𝐗𝐂𝐀𝐃: The gateway will simplify acquiring XCAD tokens for use within the ecosystem.
$𝐗𝐂𝐀𝐃 𝐃𝐞𝐦𝐚𝐧𝐝 : All XCAD purchased through the gateway will be bought from the open market, which will help to increase demand for the token.
𝐄𝐚𝐬𝐲 𝐎𝐧𝐛𝐨𝐚𝐫𝐝𝐢𝐧𝐠 : There will be no KYC required for purchases up to $700 and there will be a low minimum spend. This is a great step forward for Xcad Network and it will make it much easier for web2 users to get involved in the crypto space.
🔸Launchpool: Introducing a new method for launching Creator Tokens.
A feature where you can stake XCAD to receive Creator Airdrops, which increases the demand for XCAD.
Rewards for Staking: The more XCAD you stake, the more airdrop rewards you can earn.
Strategy: The goal is to increase XCAD demand through powerful utility.
Model: This approach is similar to successful models seen on platforms like Binance.
🔸NFT Marketplace: Allow creators to mint and sell NFTs, offering fans a new way to engage and collect. NFT marketplace is a ling awaiting product. it coming soon in the xcad network ecosystem.
🔸SocialFi Chain: Xcad Network has a long-term goal of developing their own blockchain specifically designed for socialfi, referred to as XCAD Chain
Here are some potential benefits of the XCAD chain:
Smoother User Experience: By having their own chain, Xcad could potentially reduce the need for users to rely on external tokens like ETH or BNB for gas fees. This could streamline transactions and create a more user-friendly experience.
Focus on Creators: Each creator could potentially function as their own dApp (decentralized application) on the XCAD chain. This focus on creators aligns with Xcad’s overall vision of empowering creators within the socialfi ecosystem.
Wider Adoption: Xcad believes that having their own chain could make XCAD one of the most used chains globally, potentially attracting a wider user base.
While the XCAD chain is still in the vision stage, it represents Xcad Network’s ambition to create a comprehensive socialfi ecosystem tailored to the needs of creators and their fans.
To learn more about XCAD Network, explore these resources:
XCAD Network Website: https://xcadnetwork.com/
XCAD Social Media Channels (Twitter, Telegram, etc.)
