What Is Xcad Network (XCAD)? How To Buy XCAD Token In India?

What Is Xcad Network (XCAD)?

For all creators of YouTube, Xcad might just be the answer. The XCAD is pioneering the #Watch2 Earn revolution for about 2.1bn active users on YouTube. It helps in enabling fans to earn Creator token rewards for watching their favourite Creators on YouTube. As a platform Xcad Network looks to provide solution for content creators with options for additional content monetization, along with helping smaller creators to benefit from the algorithms present in YouTube in order to grow their channels.

The platform features an array of products and solutions which are designed to help the creators get access to a closer connection with their audience. This will help them in enabling and empowering their fans while also building an additional revenue stream. Apart from this, Xcad Network also presents an educational platform which provides a range of guides and classes that are crafted by established YouTube creators; which in turn helps the aspiring creators stand the best chance in garnering success.

Who Are the Founders of XCAD?

Ollie Bell, Joel Morris, and Bernice Thomas together founded the XCAD Network back in 2021. The XCAD team is a small group of people who has a small team where everyone is well-connected with various advisors who are experts  in blockchain, economics, and of course, the entertainment industry. In short, the team at XCAD are backed by a huge network of successful YouTube creators.

A Revolution Is Coming.$XCAD pic.twitter.com/GBeNpkAAy8

— XCAD Network (@XcademyOfficial) April 28, 2021

How Does Xcad Network Work?

The Xcad Network is in its early-stages, being launched in May 2021 after a SEED Strong Holder Offering (SHO) on the DAO Maker platform and Startup launch on Gate. Ceators on the network will be able to launch their own Content Creator Token, which can then be used as a reward to their fans who engage with them by making use of the Xcad Network ecosystem.

It also presents a space for the users to be able to mint non-fungible tokens or NFTs, which can represent practically any object they want. It can range from things such as memorable moments of their career, any particular video that they like, or merch redemption rights, shoutouts and so on. These options give them an additional process to monetize the audience and reward the followers. These NFTs are available in moments that are segregated in different levels, they are:

• Rare – Which give access to some of most iconic moments of a creator’s career
• Gold – For the absolute special moments in the video
• Silver – For moments which are a little less special
• Bronze – For all the basic moments in a creator’s video

What Makes Xcad Network Unique Use Cases?

The XCAD Network has been working towards enabling tokenization for YouTubers by giving them access to transform their vast audiences, into Web 3 communities; by helping the creators easily monetize the content that they create and audience they gain. Few of the solutions that help in making XCAD unique are:

• Content Creator Tokens:  An easy-to-use tokenization solution which provide creators a platform that allows them to easily launch their own unique Creator Tokens.

• E-Learning Platform: The up and coming content creators will have processes that will help them to fast-track their YouTube journey by joining the Xcademy e-learning platform. It gives the users access to a wide variety of educational materials and tools which can be used to grow audiences.

• NFT Marketplace For Creators: The Xcad Network’s Creator NFT Marketplace allows the minting of the NFTs, which will help the creators to easily buy the NFTs using XCAD or content creator tokens.
• Zaqilla blockchain: Being powered by ZIL ensures processing of thousands of transactions per second, at almost zero cost while the PBFT consensus ensures that the XCAD users transact securely without having to worry about attacks.

Xcad (XCAD) Price Analysis

Source: TradingView

• From a technical POV, XCAD price is on a strong upward trajectory, and at its high, has even recorded a 100% gain before correcting slightly.
• XCAD price is trading well above its 50-day moving average, which would serve as a strong support level going forward.
• It will also find support in the trendline (marked in black), which depicts how strong the rally has been in Q1 2023, creating consistent higher high, higher lows pattern on the chart
• Additionally, the $1.35 to $1.45 area would also serve as a region of support for the token, from its historical price action
• With the Relative Strength Index slightly below 50 as of writing, and a reasonable correction already underway – we could see a return of bullishness in the near future to touch ATH of $2.
• After it crosses $2, it has a wide open sky to rally up and beyond that it is hard to define levels, as there isn’t a lot of historical price data for this coin.

How to Buy XCAD in India?

To buy Xcad Network in India, just follow the below-mentioned steps:

• Download the CoinDCX App on your smartphone
• Enter the details required for registration
• Complete KYC
• After your profile is verified, fund your wallet and buy a XCAD