XCAD Network launches SocialFi app
With some saying a ‘confirmed’ bull-market as Bitcoin crossed over $40,000 for the first time since last year, trends like Socialfi seem to continue to keep growing. Although some startups have had it in their ecosystem long before it gained widespread popularity as a ‘trend.’
One of these is YouTuber favourite XCAD Network, a tokenization platform for content creators allowing them to have their own cryptocurrency fan tokens, and reward their viewers for watching their content.
The project was launched on DAO Maker in May 2021 and has gone on to become one of the most successful projects to ever launch a strong holder offering based on current ROI.
As a fan token and NFT platform, CEO and Founder Oliver and his team at XCAD Network went on to sign big name deals with celebrities such as KSI and Mr Beast who invested into XCAD Network, who have acquired over 400,000 users from their initial launch.
Currently the project is home to over 100+ celebrity influencers globally with a combined audience of over 800M.
Bell recently said in a statement, “Social Fi has been a huge trend, however many have struggled to see sustainable growth over the medium to long term. We’ve been building a Social Fi ecosystem for years, an ecosystem designed to enable Creators to build SocialFi Ecosystems of their own.”
Glad to be a part of this. (I know I said this on my crypto twitter but I’m truly proud of the potential of this project) https://t.co/DlidxqbxfQ
— ksi (@KSI) May 17, 2021
Called ‘XCAD.Social,’ the app aims to allow fans to get access to influencer’s ‘private chat rooms and more.
The new platform allows users to issue keys which are tied to bonding curves as they allow for a high level of speculation on those keys. They grant fans access
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