• XCAD Network (XCAD) is a cryptocurrency network which harnesses the value of content creators‘ audiences through tokenization.
• XCAD Network has seen its weekly gains accumulate to 11%, despite larger crypto assets like Bitcoin and Ethereum suffering a hit attributed to the United States Federal Reserve decision to increase interest rates by 0.5%.
• XCAD Network is very active on social media, with frequent updates, encouraging discussion and interest.
XCAD Network is a cryptocurrency network which is revolutionizing the way content creators monetize their work. By tokenizing the value of these creators’ audiences, XCAD Network provides a platform for both the creators and their viewers to benefit. This innovative approach to content monetization has been gaining traction, seeing its weekly gains accumulate to 11% despite larger crypto assets like Bitcoin (BTC) and Ethereum (ETH) suffering a hit attributed to the United States Federal Reserve decision to increase interest rates by 0.5%.
The token hit a new all-time high of $9.06 in January, but due to the bear run of 2022, it is currently trading at $1.14. Despite this, XCAD Network is actively engaging with its community, keeping them up to date on developments and encouraging discussion and interest. On December 16, the team released an update about XCAD’s new egg system targeting Web2 users for NFTs, while they have also announced that over 100 content creators have been onboarded onto the platform, bringing a total of 545 million YouTube subscribers.
XCAD Network has been running Twitter campaigns to increase its visibility and to ensure that content creators and viewers alike are aware of the platform. They are also planning to roll out a new feature from December 22 which will allow users to mint Egg NFTs in addition to existing Egg staking rewards. This is likely to further increase user participation and engagement.
With XCAD Network’s innovative approach to content monetization, increasing visibility and user engagement, and plans for continual development, it looks likely that the token’s price will continue to increase. The question remains, however, how high can XCAD go in 2023? With the network’s popularity growing, and its price continuing to rise, it looks likely that XCAD will be one of the most profitable tokens in the upcoming year.