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Becoming a YouTube user can be lucrative these days, but the platform’s algorithm is unstable. That only a handful of content creators can master it thus, while some content creators have attracted large audiences and created great interactions with their audiences. Only a few can maximize the platform’s revenue potential. The Xcad Network intends to address these issues by offering a wide range of blockchain-based tokenization, trading, and defection tools. In this article, we will introduce the X-code network and its dedicated digital currency, the XCAD token. Stay with us until the end.

What is Xcad Network?

X-Code Digital Currency Network is a new platform that helps content creators use YouTube to grow their channels by providing more options to increase revenue from content production.

By offering a wide range of products and solutions, the network helps content creators connect more closely with their audience, increase their audience, and generate more revenue. In addition, the X-Code Digital Currency Network has an educational platform that offers a wide range of guides and classes hosted by well-known YouTube users. These classes help aspiring content creators have a better chance of succeeding on this social network.

The Xcad Network digital currency was first launched on the Atrium network as an ERC-20 token and is to be transferred to the Zilliqa network as a ZRC2 token in the future. The X-code digital currency token (TGE) production process began in May. This token plays an important role in the X-code ecosystem and, in fact, acts as a dedicated token for the platform and a decentralized X-code exchange, and the management token of this network. Thanks to Yield Forming Yield, users can stick to their XCAD tokens.

Currently, Oliver Bell, Joel Morris, and Jeff Ward are the executives of the X-Code digital currency. They work together to bring online entrepreneurship and entertainment experience, and in this way, are supported by an extensive network of successful content creators on YouTube.

How does Xcad Network digital currency work?

Content creators can set up their Content Creator Token and reward their fans through the X Code Network ecosystem, the X Code Network Network.

Content creators can also turn memorable moments of their careers, special videos, merchandise rights, etc., into non-replaceable tokens (NFTs), thereby generating more revenue for themselves and their audience.

On the other hand, users can receive fan tokens simply by watching at least 80% of their favorite content-generating videos or interacting with their channel, such as commenting or sharing a video. They can then exchange these support tokens with the XCAD token in a decentralized X-code exchange, which can be used to interact with various defy tools or trade with other NFT support tokens.

XCAD tokens will be available in ZRC2 and ERC-20 formats, and users can easily exchange them between two networks using a custom token bridge.

What makes XC Digital Currency unique?

As mentioned, the X-Code Network helps content creators easily monetize their content and audience by providing a wide range of solutions, and users interact better with their favorite YouTubers. The platform uses smart incentives to ensure a balance between the two. In this way, all participants will benefit from the growth of this network.

Some of these solutions are:

• Built on Zilica platform: X-code network is built on Zilica; A high-performance blockchain platform. That can process thousands of transactions per second at almost no cost. The platform is supported by the Zilica Byzantine Error Tolerance Protocol (PBFT) protocol. This ensures that XCAD token users can trade securely without worrying about various attacks.
• The X-Code Network provides content creators with a simple tokenization solution, allowing them to set up their unique fan tokens easily. Content creator tokens can be designed with specific features depending on the audience. However, they can buy NFTs, goods, and events. Some content developers also add management capabilities to their tokens. Thus allowing their fans to vote on future content and key channel decisions.

• Decentralized XCAD: Users can exchange content generator tokens and X-code digital currency through a decentralized exchange based in Zilika.

• Market NFT: Content creators can create their own NFTs through the X-Network XF Network NFT Tokens market. Then, their followers can also purchase these tokens easily using X-code digital currency or fan tokens. After that, users can exchange their NFT tickets with other users or use them for related content, goods, or other services. Whenever these NFT tokens are traded, their makers will also earn passive revenue. These NFT tokens come in various forms, but the original type is known as “moment-irreversible NFTs” tokens, the tokenized version of which is a hallmark of YouTubers.
• E-learning platform: Novice content developers can accelerate their success on YouTube by joining the Academy e-learning platform. This platform provides users access to a wide range of educational content and tools to increase their audience.

Where to buy and store Xcad digital currency?

Since the XCAD token is a new digital currency, it is unavailable in many exchanges, and only seven deals have listed it. Well-known cryptocurrencies that support the Xcad Network digital currency include KuCoin, Gate.io, Uniswap, and PancakeSwap. Meanwhile, the largest volume of X-code digital currency transactions is processed by Cocaine Exchange.

In these exchanges, users can use other digital currencies such as Bitcoin (BTC), Ethereum(ETH), Tether (USDT), and… to buy X-code digital currency.

Ledger Nano S, Ledger Nano X, Trezor One, Trust Wallet, and MetaMask wallets are well-known and secure wallets with XCAD tokens. Can be stored and managed in them.

Xcad Network digital currency price history

The first launch of Xcad Network digital currency took place on May 17 and 18, 2021. The XCAD token sold for $ 0.1 at the event.

However, when the token went public later that month, the X-Code digital currency sales began at around $ 2. This digital currency was not very popular in the early days, and its price dropped to $ 1.25. The Ramzarz X-Code then entered a short-term bull cycle, rising in price to $ 2.38.

However, this uptrend did not last long, and the price of the XCAD token re-entered a downtrend. During this process, on July 21, the cost of X-code digital currency experienced its lowest historical level at around $ 0.5.

Since the beginning of September, the X-code digital currency price chart has risen again, reaching its all-time high of $ 4.88 on September 10.

Concluding remarks

In this article, we introduced the Xcad Network digital currency. As mentioned, the X-Code Network provides content development tools and incentives to improve their interaction with their audiences by delivering defy tools to content creators. X-Code Network also has an NFT marketplace for content creators, making it easy to create unique and rare NFTs.