XCAD Network: everyting you need to know about XCAD
Axel has been immersing himself in the world of crypto and blockchain for quite some time, which he then translates into understandable articles.
XCAD Network facts
Abbreviation
XCAD
Category
Layer-1 solution
Founder(s)
Oliver Bell
Blockchain
Zilliqa Blockchain
Protocol
Zilliqa's Practical Byzantine Fault Tolerance (pBFT)
Launch date
March 2021
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What is XCAD Network?
XCAD Network is an innovative blockchain platform that focuses on transforming the way content creators and their fans interact and generate value on platforms such as YouTube. It utilizes the Zilliqa blockchain and its own token, XCAD, to provide a unique tokenization system for creators and viewers. Through the pBFT consensus mechanism, XCAD Network offers an efficient and secure environment for transactions and interactions within the ecosystem.
How does XCAD Network work?
XCAD Network utilizes the Zilliqa blockchain, known for its high throughput and scalability, to provide a seamless experience for users. The platform enables content creators to create their own unique tokens, allowing fans to interact and earn rewards by viewing content and participating in the community.
The core of XCAD Network is the tokenization process, where each creator has their own token that fans can earn and trade. These tokens can be used for exclusive access to content, merchandise, and other unique experiences. This system not only encourages fan engagement, but also provides a new revenue stream for creators.
The XCAD token
The XCAD token is the native token of the XCAD Network and plays a central role in the ecosystem. It is used for transactions within the platform, such as buying creator tokens, and as a reward for active user participation. The XCAD token also provides governance rights within the network, allowing token holders to vote on important decisions and the direction of the platform.
The technology behind XCAD.
XCAD Network is built on the Zilliqa blockchain, known for its high transaction speed and scalability thanks to the sharding mechanism. This makes the platform highly suitable for processing a large number of microtransactions, which is essential in an ecosystem where content is constantly being consumed and shared.
The XCAD Network ecosystem.
The ecosystem of XCAD Network is aimed at creating an interactive and rewarding experience for both content creators and their fans. The platform provides tools for creators to launch and manage their own tokens, while fans can participate in various activities to earn tokens. This ecosystem not only encourages engagement and loyalty but also promotes a new form of interaction between creators and their audience.
€0.2792▲0.29%
Benefits of XCAD Network
Every crypto has its own strengths. Why do investors believe in XCAD Network?
- Innovative Tokenization for Creators: XCAD Network offers a unique platform for content creators to create and manage their own tokens, opening up new possibilities for interaction and revenue.
- Rewards for Fans: Fans are rewarded for their engagement and activity, which promotes a strong community around creators.
- Use of Zilliqa Blockchain: By utilizing the Zilliqa blockchain, XCAD Network benefits from high transaction speeds and scalability.
Disadvantages of XCAD Network.
Dependence on content creators: The success of the platform strongly relies on the involvement and acceptance of content creators.
Who is the founder of XCAD Network?
XCAD Network was founded by Oliver Bell, an entrepreneur with a passion for creating innovative solutions in content creation and blockchain space. His vision for XCAD Network is to bridge the gap between content creators and their fans through blockchain technology, providing a more interactive and rewarding experience.
Expectations for the coming period
Experts expect a minimum price of €0.8700 in 2026 and a minimum price of €2.88 in 2031.
XCAD Network price in the last 24 hours
View all key statistics of the past 24 hours here.
€0.2827
€0.2827
€0.2711
Market information
Use these figures to get a better picture of the XCAD Network market.
€1.1 million
€15.9 million
56.3 million
€8.00
XCAD Network Return On Investment
See how much the price has risen or fallen over the years.
Historical XCAD Network price
Here you can see XCAD Network's daily prices, trading volume and market cap. Looking for a specific date? You can fill in the range all you want. Maybe you'll spot the one trend!
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Frequently asked questions
XCAD Network doesn't have a fixed value because the exchange rate is always in motion. Whenever you get distracted or even blink, it has already changed. Right now, the value of XCAD Network is €0.2792.
You can easily buy XCAD Network on BLOX! Quickly download the app, and within two minutes, you'll have your own crypto portfolio with XCAD Network and your other favorite coins.
So much is happening in the crypto market that it's sometimes difficult to stay continuously informed. That's why we've already taken a look at the expectations for you. According to experts, the value of XCAD is expected to continue rising steadily in the coming years. For instance, the price of XCAD Network is predicted to reach €0.7600.
We don't have a crystal ball either, so it's up to you to decide whether you want to invest in XCAD. We can only recommend once again that you thoroughly research the market and only invest what you're willing to lose.
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