UAE, UAE, March 27th, 2024, FinanceWire
XCAD Network, a platform that enables YouTubers to reward viewers with crypto tokens, has signed agreements with various governments to promote incentivized Web3 education on a global scale.
By partnering with multiple governments, XCAD aims to bridge the gap between Web2 and Web3, allowing more individuals to engage in the Web3 space. The first government collaboration is with Pakistan, where XCAD will distribute and incentivize educational media consumption among citizens.
Education plays a crucial role in introducing people to the Web3 space. Through Memorandums of Understanding (MOUs), XCAD Network plans to collaborate with governments to conduct pilot campaigns educating citizens on various Web3 topics. These campaigns will involve joint efforts between governments, the XCAD team, and selected content creators from each country.
To participate in the educational initiatives, users will need to download the XCAD Network application, where they can access interactive content on Web3 subjects. Upon completing modules and consuming content, users will receive tokens as rewards.
While the primary focus will be on blockchain, cryptocurrency, and the Web3 world, governments may choose to include other topics like financial literacy in their educational campaigns.
Oliver Bell, the Chief Executive Officer of XCAD Network, expressed enthusiasm about collaborating with government entities and highlighted the alignment of their initiatives with the governments’ goals of digitization and blockchain adoption.
Apart from educational campaigns, XCAD also plans to work with governments to boost travel and tourism engagement by creating compelling educational content related to tourism. Citizens and creators who engage with this content will receive rewards through the XCAD platform.
By involving governments in their projects, XCAD Network gains credibility, attracting bigger names to issue creator tokens and increasing user engagement on their platform.
About XCAD Network
XCAD Network empowers YouTube creators to launch personalized tokens, fostering dedicated economies around their fan-base. It offers new creators the opportunity to earn tokens and generate income, even without a significant following on YouTube.
The platform facilitates deeper engagement through gamification and rewards, allowing fans to benefit financially from the success of their favorite creators. Backed by renowned YouTubers like KSI and Mr. Beast, XCAD Network hosts over 100 celebrity influencers globally, reaching an audience of over 800 million.
XCAD's ecosystem includes decentralized exchanges, a governance portal, a browser plugin with YouTube integration, cross-chain bridges, staking pools, and a creator swap feature for exchanging tokens.
For more details, please visit the XCAD Network website.
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