Over the past few days, there has been a lot of talk amongst the community rekindling the connection between KSI and XCAD. KSI has spoken about XCAD a ton in the past, posting over 80 tweets about the platform ranging all the way back to mid 2021. Although despite all this, many fans are still left wondering as to what exactly XCAD is, below I wil run through a breif explainer of the platform and what they are planning to acheive!
XCAD Network is a tokenization platform for Creators, designed to facilitate YouTubers having their own Cryptocurrency Creator token, and rewarding viewers for engaging with their content directly on YouTube.
Fans are able to earn their favourite Creator tokens by watching tokenized creators directly on YouTube via the XCAD Plugin
What Creators Are Involved?
XCAD Network is backed by some of the world’s biggest YouTubers, such as KSI & Mr Beast and has also announced a multitude of creators releasing their own Creator Tokens. You can view all announced Creators by visiting Influencer MarketCap or follow XCAD on Twitter where they announce new ones.
What About Fans?
XCAD Network provides an opportunity for fans to earn Creator tokens completely for free, directly on YouTube when watching their favourite Creators. If a viewer has the XCAD Plugin or XCAD App and watches 80% or more of a tokenized Creators video, they will be rewarded with the Creator’s token.
Viewers can use these tokens to vote on polls from their favourite Creators. The more tokens a viewer holds, the more weight their vote carries. This means the most loyal fans have the most say in a Creator’s Content. Viewers are furthermore able to buy an EGG nft with XCAD to get a multiplier on the rewards they get from watching videos.
Fans can also trade their Creator tokens for other Creator tokens, and use them to buy merchandise, perks, NFTs and much more.
The XCAD Ecosystem
Built up through different aspects as can be seen above, XCAD’s ecosystem includes many dApps like the ones listed below.
The XCAD Plugin
The XCAD Plugin is a browser extension that users can add to Google Chrome. Using the Plugin you can Simply sign up, create or import a wallet and then earn your favourite creator tokens by watching tokenized creators’ content, directly on Youtube.
The XCAD Mobile App
XCAD has a mobile version of the plugin that allows users to earn fan tokens by watching videos on Youtube on their phones. Since browser extensions do not generally work on mobile browsers, this app allows browsing youtube while having all the features of the Chrome Plugin
Influencer MarketCap
Influencer Marketcap is where you can go to view the live prices and circulating supply of all Creator Tokens. Think Coin MarketCap but for Creator Tokens!
Fan Portal
The XCAD Fan Governance Portal is where you can vote on Creator-based decisions. These decisions can range from what the YouTuber should upload/do in his next video, to voting what platform they should take their streaming career. The polls are set by the Creator, so the options on what these can be are endless!
How can I get involved?
XCAD is set to launch its main product in Q1 of this year, once the product is rolled out we will see more and more of the aspects mentioned above getting utilised by fans and creators across the globe!
To keep up to date on XCAD, you can follow them on twitter here- https://twitter.com/xcademyofficial
If you want to show further support to $XCAD or if you would like to get involved and pick up some of the token, here is a guide on how to buy the XCAD token! https://medium.com/@Eoghan_B/how-to-buy-xcad-b5ad7a47adf0
