What is XCAD

1. Project Introduction
XCAD Network (XCAD) is a blockchain-based platform that enables users to earn creator tokens by watching their favorite YouTubers. Content creators can launch their own personalized tokens, which fans can buy, hold, or trade. By using the XCAD browser extension, fans can watch videos and earn tokens, provided they watch at least 80% of the content.
Summary: XCAD Network tokenizes YouTube engagement metrics to incentivize high-quality content creation while promoting a more decentralized and equitable social media ecosystem. The platform empowers creators with better monetization tools while allowing fans to actively participate in their success.
2. Team & Investment Info
XCAD Network was founded in 2019 in the UK by CEO Oliver Bell, Joel Morris, and CTO Bernice Thomas. The founding team brings together expertise in blockchain technology, digital marketing, and business development, driving the adoption of the XCAD Network. The project has gained credibility and recognition with backing from high-profile YouTubers like MrBeast and KSI.
Two years after its inception, the company secured $3.9 million in its first funding round, led by blockchain venture firm Zilliqa, with additional investments from LD Capital, Genesis Block Ventures, and AU21. In a subsequent Series A round, the project attracted funding from Jump Crypto.
3. Social Media URLs
X: https://x.com/XcademyOfficial
Telegram: https://t.me/xcademy
Medium: https://medium.com/xcademy
4. Token Info
Token Symbol: XCAD
Total Supply: 200,000,000
Token Type: ERC-20
Issuance/Burn Mechanism: Fixed supply
Contract Address: 0x7659CE147D0e714454073a5dd7003544234b6Aa0
Token Distribution:
Seed Round: 2.28%
Public Sale: 18.45%
Liquidity: 20%
Ecosystem Incentives: 20%
Team: 10%
Partners & Advisors: 8%
Foundation: 21.28%
5. Related Links
Official Website: https://xcadnetwork.com/
Chrome Store: https://chromewebstore.google.com/detail/xcad-network/elcdacbfpnjajikgpenambffmmoimeea