Thread by @JasperZilliqa

A thread on why $XCAD will be revolutionary.

#Giveaway, RT to win 250 ($1000) $XCADs, and to help spread education within and beyond the $XCAD & $ZIL community!🚀

. $XCAD is project which allows any YouTuber to tokenise themselves, and build an ecosystem around their channel and content. By tokenise, it basically means a YouTuber will have their own personal cryptocurrency, which is distributed over time between the Creator and their fans.

Fans can earn these tokens via watching the specific YouTubers video, only if they watch 80% or more. Reason being, watch time is a key part to the YouTube algorithm, and this promotes high watch time, giving a tokenised Creator an edge against competition.

*YouTuber is a very competitive and saturated market, so any competitive edge is likely to receive extreme adoption. Until the point, it’s a disadvantage for any YouTuber not to be employing this kind of reward system.

Eg this leads to = mass adoption by YouTubers.*

Then similar to #Play2Earn, $XCADs #Watch2Earn via the method I described above, is likely going to gather millions of users very quickly. XCAD have mentioned before that milestones for Creator tokens unlocks, will be incentivised by bringing users on to the plugin.

So the Creators will make more, the more users they bring onboard.

Currently $XCAD have announced 50+ Creators, with over 170m subscribers.

Fans can earn Creator tokens, or they can buy them directly via the plug-in, or via the XCAD DEX. This will open up a whole new market of speculation, where people are looking for up & coming YouTubers and stacking their tokens.

We’ve seen NFTs become more interesting to retail than standard utility tokens, due to their rooting in meme culture and being easier to understand, retail is obsessed with YouTubers, so this is likely to go one step further as they will perceive themselves to be experts in YT

The exciting thing about XCAD is it’s not trying to replace or compete with any of the big platforms, it is providing extra value and a layer on top of existing, and huge platforms, YouTube, and most recently they announced they have a working build on twitch.

YT is the 2nd biggest website in the world btw.

Another part of the ecosystem, is NFT Moments. Not too much has been revealed about it thus far, however it’s been said to be similar to a Fifa pack system. Where YouTubers have different rarity of moments, from their careers, minted as NFTs with a limited supply.

The only way to get these moments originally, is through opening NFT Moment packs, and packing them.

You can open these NFT Moment packs by paying with Creator tokens, or in XCAD.

I can massively see the appeal to fans, you watch your favourite YouTubers video, as you normally would directly on YouTube. You get rewarded in their tokens, essentially paid for doing something you already do. You can then take those tokens, n use them to open NFT moments packs

In the hope you get a rare KSI moment, which is a collectors item, and also will fetch a serious whack. They’d have serious bragging rights with their mates…and so word of mouth increases growth even more.

We’ve seen how crazy the YouTube audience goes for pack / mystery box style models, through the EA sports games and the Pokemon collectable crazes.

$XCAD NFT Moments will be similiar.

The Creator token also acts as a governance token for the Creators channel. So a Creator will put out polls, and fans can vote using their Creator tokens. The more tokens they have, the more voting power they have. Eg the most loyal fans, have the most say, as it should be.

This will help to further reduce the gap between the fan and the Creator. If you’re able to feel more a part of something, aka through voting for it, psychologically you feel more connected.

It will be powerful.

$XCAD has also talked about Creator tokens being able to be used to buy Merch, event tickets, or staked in order to attain extra benefits from a Creator.

Allowing a Creator to essentially build a shop of everything fans might want, where some can just buy it, & some can be an avid subscriber for a few months & then earn it.

Are you starting to see how this will increase engagement & connection within Creator to fan communities?

This is just what XCAD has released publicly, there’s a lot more I’m probably missing, and they seem to have a lot of plans that are yet to be revealed.

However you might be asking, why does this mean I should buy $XCAD?

The $XCAD token already has a lot of utility on the $XCAD DEX, however that’s just a side product, and the main utility is still very much still to come.

First up is CLO’s.

A CLO is a Creator Liquidity Offering, an essentially it provides a way for investors to bootstrap the liquidity of Creator tokens. 10% of the supply of a Creator token is up for ‘sale’ in a CLO, and entry into the CLO is via $XCAD tokens.

So investors exchange $XCAD token, for a proportion of the CLO tokens. Think of it like a pre-sale for Creators, but instead of the XCADs that were raised being given to the Creator (and then potentially sold). They are locked up in liquidity, against the Creator token.

Eg taking supply off the market.

This is a smart concept, but it’s when you think about the potential numbers that it gets extremely exciting.

Say the average big Creator’s CLO was 20,000 XCADs.

If 50 YouTubers, of which they’ve already announced did a CLO, that would be 1,000,000 XCADs taken off the market, and locked in liquidity.

This is pretty cool already but…

XCAD stated in their article, over 27,000 YouTubers have 1 Million subs or above.

If they even got to 20% adoption, which seems like a pessimistic goal btw.

Then that would be 5,400 YouTubers.

Say the average CLO allocation reduced to 10,000 to be conservative.

That’s 54,000,000 (54m) tokens locked into liquidity.

Which is well over 2x the current circulating supply.

Obviously, the price of XCAD is going to skyrocket as this is happening, so the entry amounts into the CLO’s would reduce, but still, you get the idea.

On top of that, in order to get entry into CLO’s XCADs need to be staked, with different amounts staked given higher chances to get allocations in Creator CLOs. Similar to the @DaoMaker model, which has been extremely successful for them.

On top of that, in order to claim Creator tokens that users have earned in the plug-in, XCAD will be needed for GAS. XCAD has said it will have a fiat gateway within the plug-in, to allow XCAD to be easily bought, this means the millions of users, will need XCAD to claim -

the Creator tokens they have earnt, millions of holders, millions of essentially micro burns (eg wallets with a small amount of the gas token in, that’s likely never sold). We’ve seen how extremely powerful this has been for L1 & L2 solutions, XCADs system mimics that here.

On top of that, XCAD has mentioned Creator staking tiers in their roadmap so I’d imagine that’s another strong way to lock XCAD up off the market, and therefor massively raise the value of it’s token.

While it has a burn mechanic in the XCAD DEX, the more volume traded the more XCAD is burnt, it probably has many other places within the ecosystem it’s planning to implement burns & deflationary measures. (Deflationary is something the XCAD team talks about a lot, which is nice)

Overall one of the exciting things, is the team seems very dynamic and constantly revealing new things. Web 3.0 and Blockchain is still a new space, and companies are innovating fast. Their idea is already extremely exciting...

but I have a feeling it will evolve into a whole different beast over the coming years.

Considering we’ve established at the beginning of the thread, that $XCAD already has huge Creators announced, and bigger ones to come, and that it’ll become almost a necessity to have XCAD for a Creator, it’s evident they’re likely to get adoption that side.

And then fans follow Creators traditionally within social platforms, while also having #Watch2Earn as an incentive I think millions of users and beyond will be pretty easy.

A platform with millions of users, and superstar creators. Powered by blockchain, with engaging ecosystems and financial incentivises holding them together. The sky is the limit on how valuable that can be.

People are only starting to realise, and we saw that on it’s recent run up to $9 recently, unfortunately bitcoin ruined the party, but $9 is still just the tip of the iceberg. It’s currently sitting at $2.70 ish, only a $66m cap.

Considering $CHZ is a similar project ish, but for football tokens, albeit I believe XCAD has a far stronger ecosystem overall. Yet $XCAD sits about 40x off $CHZ all time high, and 20X off $CHZ current market cap. Shows that we are still extremely early. $ZIL

It’s also on $ZIL as it’s primary L1, which has a massively undervalued ecosystem as a whole currently. $ZIL itself is very very undervalued, and so $XCAD will share benefits from $ZIL when it picks up.

However $XCAD has also mentioned it will be cross chain, which is likely best to fit in with their goal of mainstream adoption.

With the product (plug-in) coming in Q1/Q2, and $XCAD saying that’s when all YouTubers will be promoting $XCAD and pushing the plug-in. It makes sense for them to leverage their YouTubers, when their fans can actually engage and use the product -

so I think when that happens we’ll have serious lift off and you’ll kick yourself that you didn’t fill your bags now.

I hope this helped some people haha, took a lot of research but $XCAD is honestly my favourite project at the moment. Please give it a RT to spread the word, and drop me a follow!

Also pls hire me @XcademyOfficial lol