08 Nov What’s XCAD Community (XCAD)?
XCAD Community is a blockchain venture 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 approach for audiences to get pleasure from content material from their favorite streamers, bloggers, and influencers, by means of XCAD community’s Youtube-compatible browser plug-in, creator tokens, NFTs, and governance of creator selections and milestones.
Audiences can earn, stake, view and commerce native creator tokens and particular “creator second” NFTs, in addition to affect creator selections. Creators can get pleasure from 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 bold blockchain venture which intends to realign the incentives surrounding on-line content material creation. With the way in which issues at present work, content material creators are beneath the watch of monolithic centralised platforms like Youtube and Instagram, which have a monopoly of kinds on the audiences content material creators rely upon.
Social media content material platforms like Youtube, the place individuals search out content material from their favorite creators, typically reasonable and curate the content material accessible on their platforms; this leaves creators at an obstacle. They’re on the mercy of the algorithms, prone to not having their content material seen, and the phrases of compensation can change on the whims of the platform, and so can the foundations, which may change immediately with an replace to the Phrases of Service.
XCAD community goals to supply content material creators another which is able to permit them to create a greater expertise for his or her followers whereas providing new alternatives by means of tokenisation and decentralisation. It does this by permitting content material creators to challenge “creator tokens” on the XCAD community.
Creator tokens have a number of distinctive features; they permit creators to reward viewers, let followers take part within the creator’s selections by means of governance, might be traded for different creator tokens, might be traded on the XCAD Decentralised Alternate (DEX), might be traded for XCAD tokens, might be staked for entry to uncommon NFTs, and may grant creator token holders early entry to restricted version collectable merchandise and particular gives 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 alternate creator tokens.
Creators can apply for tokenisation, and, if permitted, get pleasure from advantages reminiscent of launching their very own creator tokens and NFTs, which they’ll reward to the viewers, or monetise by means of 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, collaborating in governance to affect the creator’s selections, buying and selling for different creator tokens, having access to restricted version merch, occasion entry, shoutouts, and different perks.
All creator tokens exist throughout the XCAD ecosystem however might 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 centered 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, they usually start incomes creator tokens, which can be utilized for quite a lot of perks and utility use circumstances throughout the XCAD Community.
Creators are issued creator tokens as soon as they’ve been permitted and onboarded and are incentivised by means of a collection 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 help 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 Academic Platform
- XCAD Fiat Gateway
- XCAD Help Portal
There may be additionally the prolonged multichain presence of the XCAD token, which might 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 might be staked in creator staking swimming pools for elevated creator token rewards, this staking mannequin creates upward worth strain 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 selections made by the content material creator. XCAD governance selections 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 whole provide, solely round 17% are at present circulating, with 33,260,245.22 on the time of writing.
XCAD Community Roadmap
2022 Q3
- Extra CLOs Dwell
- CLO Enhancements
- Entry code rollout continued
- YouTuber promotion
- Cell Utility for Rewards
- NFT Moments
- BNB Chain Dwell on Plug-In*
- New Web site
- Plug-In Enhancements
2022 This fall
- Twitch Integration
- BNB Chain Dwell on Plug-In*
- Twitch creators introduced
- Firefox help for the Plug-In
- YouTuber Promotion
- XCAD.com Launch
- BSC DEX Dwell
*Dependant on third events
XCAD Community Crew
XCAD Community was based by Ollie Bell, Joel Morris, and Bernice Thomas. XCAD has a small group with a small group of well-connected advisors with experience in blockchain, economics, and the leisure business.
The best way to purchase XCAD on Bitfinex
The best way to purchase XCAD with crypto
1. Log in to your Bitfinex account or enroll 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 Alternate pockets.
4. Ship the crypto to the generated deposit tackle.
5. As soon as the funds arrive in your pockets, you possibly can commerce them for XCAD. Discover ways to commerce on Bitfinex right here.
The best way to purchase XCAD with fiat
1. Log in to your Bitfinex account or enroll to create one.
2. It’s essential to get full verification to have the ability to deposit fiat to your Bitfinex account. Find out about totally different verification ranges right here.
3. On the Deposit web page, beneath 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 need to use them to purchase XCAD.
Additionally, we’ve got Bitfinex on cellular, so you possibly can simply purchase XCAD forex whereas on-the-go.
[AppStore] [Google Play]
XCAD Neighborhood Channels
Web site | Twitter | Telegram | Medium