Hello my friends, blockchain technology continues to develop in an incredible way. We see this in every area of our lives. I would like to talk about the developments in XCAD Network, one of the Watch2Earn platforms that I introduced to you about 6 ago. You can read my previous article at the link below…
My previous article on the subject ...
( XPCD-8BVD-ZUDT-QXT2 - If you want to support me you can use this code.)
First to remember what is Watch2Earn…?
It is a business model that allows users to earn cryptocurrencies by watching videos Considering that three of the top 10 websites in the world are used to deliver video content, it is clear that the WatchtoEarn model has an arguably huge market reaching billions of potential users.
Currently, the most important player in the Watch2Earn space is XCAD Network. The platform allows YouTube creators to create their own individual fan tokens and NFT moments, helping them improve monetization options and increase visibility. For fans, the platform allows users to earn fan tokens for watching and interacting with their favorite creators' content.
It's time for developments in XCAD Network...
XP Changes Revamped the way the XP system works; The longer videos you watch, the more XP you get. This is part of our gamification and also brings more strategy to the game. Watching longer videos takes more time, but in the future it can create bigger GAME rewards for you as your Nerd levels up faster.
The Nerd's Luck feature is now a factor that determines the amount of XP you get per video view. The higher the chance attribute, the higher your chance of getting more XP.
XP is calculated based on an upper and lower limit, with the length of the video watched and the luck attribute included in the total amount of XP. View multiplier is based on 900 seconds (15 minutes) video duration; All videos watched shorter than this value will be reduced proportionally (for example, a 450 second video will receive a multiplier of 0.5 over the final amount of XP).
The luck feature skews the XP distribution based on level. The higher the chance, the greater the chance of getting more XP per hour. An example of the distribution between Chance attribute ranges is shown below.
( XPCD-8BVD-ZUDT-QXT2 - If you want to support me you can use this code.)
Marketplace Maintenance; Our updated smart contract for the market, which includes several improvements, was recently audited. As a result, anyone who has recently accepted a management offer will be prepared for an updated 15% marketplace fee.
To adapt to the new rate, the marketplace will enter buy-only mode. This means that only current nerds in the market can be purchased; they are still subject to the original price.
You won't be able to list new nerds until the next update, which is expected to be in 3-5 business days after all existing buffs on the auction block have expired. Nerds listed in the new update will incur an updated 15% fee.
Enhanced User Experience;We now only show the latest 25 watches across all wallets. The purpose of this is to solve application performance issues for users with multiple awards. The amount of XP required to reach the next level is now correctly displayed along with other improvements.
Purchasing improvements. Improvements have been made to the purchase flow, allowing users to easily select different payment methods (unclaimed or claimed tokens) and view all available balances more clearly.
Performance improvements; Season Pass and XP boosts; Recently, store and seasonal pass agreements have been implemented. This update includes more backend and frontend changes to support XP boosts and season passes.
I use the XCAD Network application daily. When I started there were 2 youtubers. Lulu99 and byViruzz
Now the number of youtubers has increased to 5. Added; Ducky Bhai, SV2 and Fukra Insaan
Token pre-sales are made by XCAD Network on its own CLO launchpad platform. Pre-sold Mr Indian Hacker, Ben Morris, Millie T will also be on the platform soon. Thus, the fan base will both watch the youtubers they love and collect the cryptocurrencies of the yuotubers they admire. Isn't it great…?
Some of you may be wondering what CLO means. What is CLO… ?
CLO; It stands for Creative Liquidity Proposal. This is a way to restart Liquidity for Creative Token. CLOs allow users to seize Creator tokens early before they can trade and users earn them. Users put XCADs in the CLO, these XCADs are paired with Creator tokens and locked into liquidity forever (this is better for us than burning because tokens are handy). In return, they receive a number of Creator Tokens proportional to the amount of pool they have.
I want to talk about egg layers in XCAD Network. Those who want to earn more coins should invest some money and get eggs.
You can watch videos and earn tokens without buying an EGG however, in order to claim the tokens earned and trade them you must have one of the following EGGs;
🟩 Emerald: 200x
💎 Diamond: 32x, 40x and 50x
🥈 Platinum: 12.8x, 16x and 20x
🥇 Gold: 4.8x, 6x and 7.5x
Egg tiers; Gold, Platinum, Diamond each have 3 different boost values. Emerald has just 1.
Earnings are subject to the earning power status that you have at the time of watching videos, the higher the earning power, the more tokens will be awarded per view
Click for details on how to get the eggs...
While it supported several languages when I started using the application, it currently supports 9 languages. By the way, there is still no Turkish …😊
In addition, you can exchange the coins you earn with XCAD, ZIL with the swap feature in the application. Of course, you must have some ZIL in your wallet. Because XCAD Network runs on Zilliqa network.
Also, XCAD has DEX platform. Thanks to this DEX, you can evaluate the coins you earn in the pools.
( XPCD-8BVD-ZUDT-QXT2 - If you want to support me you can use this code.)
My Last Words; It would be useful to closely follow the XCAD Network project operating in the field of Watch2Earn. I regularly log in every day and collect my coins. I'm getting ready for bull season. Who knows, Watch2Earn projects might kickstart the upcoming bull season.
As I always say; listen to everyone, decide for yourself ...
Luck does not help those who do not want to work. Sophocles
