XCAD Network Launches Web2-Friendly CEX for Creator Tokens, Bringing Liquidity to Watch2Earn Movement
The Internet Computer Protocol (ICP) is a decentralized platform that aims to address the challenges faced by traditional AI systems. It leverages blockchain technology and smart contracts to provide a secure and transparent environment for running AI models and other applications.
One key feature of ICP is its decentralized and tamper-resistant environment. By running AI models as smart contracts on the ICP blockchain, the issue of tampering can be mitigated. Smart contracts on ICP benefit from high performance, allowing them to utilize significant computational resources while ensuring the integrity of their execution. This provides a transparent and tamper-resistant environment for running AI algorithms.
ICP also offers transparency and accountability. Users can interact with AI smart contracts directly through a browser interface, eliminating the need for specialized software or intermediary platforms. This transparency enables users to understand how their data is used and how AI decisions are made, fostering trust in the technology. Additionally, developers have the flexibility to write smart contracts using familiar languages like Rust, TypeScript, or Python, making it easier to audit and understand the underlying code.
ICP offers several other key features that make it suitable for decentralized AI. It includes high-performance smart contracts that can deploy complex AI models with unprecedented speed and efficiency. It is designed to be cost-effective and environmentally friendly, making it accessible for various applications, including AI. Users can interact with AI smart contracts using just a browser, simplifying the user experience. ICP can also interface with other smart contract blockchains and traditional web resources, facilitating seamless integration with existing AI ecosystems and data sources. Developers can write smart contracts using popular languages and incorporate libraries from their respective ecosystems, making it easier to build and deploy AI applications on ICP.
The Internet Computer Protocol aspires to evolve into a World Computer, offering an open and secure public blockchain network accessible to everyone for hosting their smart contracts securely. The DFINITY Foundation is a major contributor to the Internet Computer blockchain.
Overall, the Internet Computer Protocol provides a decentralized, secure, and transparent platform for running AI models and other applications. With its high-performance smart contracts and integration with major blockchain networks, it aims to enhance functionality and user experience in the field of AI.
The Internet Computer Protocol (ICP) is a decentralized platform that aims to address the challenges faced by traditional AI systems. It leverages blockchain technology and smart contracts to provide a secure and transparent environment for running AI models and other applications.
One key feature of ICP is its decentralized and tamper-resistant environment. By running AI models as smart contracts on the ICP blockchain, the issue of tampering can be mitigated. Smart contracts on ICP benefit from high performance, allowing them to utilize significant computational resources while ensuring the integrity of their execution. This provides a transparent and tamper-resistant environment for running AI algorithms.
ICP also offers transparency and accountability. Users can interact with AI smart contracts directly through a browser interface, eliminating the need for specialized software or intermediary platforms. This transparency enables users to understand how their data is used and how AI decisions are made, fostering trust in the technology. Additionally, developers have the flexibility to write smart contracts using familiar languages like Rust, TypeScript, or Python, making it easier to audit and understand the underlying code.
ICP offers several other key features that make it suitable for decentralized AI. It includes high-performance smart contracts that can deploy complex AI models with unprecedented speed and efficiency. It is designed to be cost-effective and environmentally friendly, making it accessible for various applications, including AI. Users can interact with AI smart contracts using just a browser, simplifying the user experience. ICP can also interface with other smart contract blockchains and traditional web resources, facilitating seamless integration with existing AI ecosystems and data sources. Developers can write smart contracts using popular languages and incorporate libraries from their respective ecosystems, making it easier to build and deploy AI applications on ICP.
The Internet Computer Protocol aspires to evolve into a World Computer, offering an open and secure public blockchain network accessible to everyone for hosting their smart contracts securely. The DFINITY Foundation is a major contributor to the Internet Computer blockchain.
Overall, the Internet Computer Protocol provides a decentralized, secure, and transparent platform for running AI models and other applications. With its high-performance smart contracts and integration with major blockchain networks, it aims to enhance functionality and user experience in the field of AI.
26 March 2024 - XCAD Network, the creator-token trading and fan-loyalty platform ushering in the Web3 watch-to-earn movement, today announces the development of the XCAD centralized exchange (CEX) built specifically to furnish increased liquidity for its Creator Tokens. XCAD Creator Tokens enable viewers to earn tokens for watching YouTube videos via a simple browser plugin, and have already been adopted by YouTube creators with a combined subscriber base of over 780 million.
The XCAD CEX will follow the broader design ethos of the XCAD project by delivering a web2-friendly exchange with familiar UI/UX. The CEX will bolster liquidity for tokens across the entire XCAD Creator network, and will enable increased visibility and demand for XCAD creator tokens on the open market.
Targeting the intersection of a $500B global video streaming market and a rising creator economy forecasted to be worth $480B by 2027 according to Goldman Sachs, XCAD looks to provide new monetization options for content creators that integrate with existing platforms like YouTube.
The XCAD team has announced that Creator tokens will be listing on at least one CEX, which begs the question of which other CEX's high profile Creator Tokens could launch on.
“We’ve been eager to give our community members a way to trade their tokens with each other for some time and now we finally can. The XCAD CEX will bring visibility and liquidity to every creator and token holder, and provide a home-base for the XCAD token ecosystem,” said Oliver Bell, CEO of XCAD Network.
XCAD Network became a pioneer of the Web3 watch-to-earn movement following the success of its integrated YouTube browser plugin which creates new revenue streams for creators, and enables fans to being more involved in a Creators long term success.
The concept was backed at its early stages by YouTube phenomenons Mr. Beast and KSI, and has since been adopted by a host of global YouTubers with a combined following of over 780 million subscribers. XCAD creators include Mr. Indian Hacker, who has over 36 million YouTube subscribers; Khandeshi Movies, who has over 33 million subscribers; Renato Garcia, who has over 27 million, and many more.
XCAD’s native launchpad allows creators to spin up bespoke, customized token launches in a matter of minutes, which can be used to foster deeper engagement with fans through interactive, gamified experiences.
Anticipating the rise of the creator economy and influencer marketing, XCAD provides a framework for creators to become their own brands, and stoke engagement with audiences through gamification and token rewards.
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About XCAD Network
Xcad Network is the first of its kind, with a world-first online and mobile monetization platform and NFT marketplace for YouTubers, using tokenization to help content creators and viewers earn more. Within Xcad Network’s ecosystem, there is the e-learning platform, of which its content creators have an aggregate following of over 40 million followers.
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Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.
