XCAD Announces Multiple Governments’ Backing for New Initiative to Expand Web3 Education

UAE,
UAE,
March
27th,
2024,
Chainwire

XCAD
Network
–
a
tokenisation
platform
for
YouTubers
to
connect
and
reward
their
viewers
with
crypto
tokens
–
today
announced
it
has
signed
MOUs
(Memorandum
of
Understanding)
with
multiple
governments
to
expand
incentivised
Web3
education
to
millions
of
people
across
the
globe.

By
securing
the
support
of
several
governments,
XCAD
aims
to
bridge
the
gap
between
Web2
and
Web3,
and
enable
more
people
to
partake
in
the
Web3
Space.

XCAD
Network
has
announced
the
first
government
agreement,
which
is
with
Pakistan.
Under
this
partnership,
XCAD
will
distribute
and
incentivise
the
consumption
of
educational
media
among
Pakistani
citizens. 

Education
is
the
first
step
in
bringing
new
people
into
the
Web3
space.
As
part
of
the
MOUs,
XCAD
Network
will
work
with
governments
to
launch
pilot
campaigns
to
educate
their
citizens
on
Web3.
These
campaigns
will
be
joint
campaigns
launched
by
governments
and
the
XCAD
team
alongside
select
content
creators
from
that
country’s
jurisdiction. 

Users
will
have
to
download
the
XCAD
Network
application
to
watch
interactive
educational
content
on
various
Web3
topics.
Upon
completing
the
modules
and
consuming
content,
users
are
rewarded
with
tokens.

Blockchain,
cryptocurrency
and
the
Web3
world
will
be
the
key
focus
areas.
However,
governments
can
also
focus
education
on
other
subjects,
such
as
financial
literacy. 

Oliver
Bell,
the
Chief
Executive
Officer
of
XCAD
Network,
commented,

“Working
directly
with
Government
entities
is
incredibly
exciting
for
the
XCAD
project
and
the
Web3
Space
as
a
whole.
What
we’re
doing
aligns
with
the
government’s
vision
towards
digitisation
and
global
blockchain
adoption” 

Another
way
that
XCAD
plans
to
work
with
Government
entities,
is
by
leveraging
the
XCAD
platform
to
boost
travel
and
tourism
engagement
in
their
country.
They
want
to
partner
with
creators
and
citizens
to
create
engaging
educational
content
around
tourism
in
their
country.
Those
who
consume
the
content
are
then
rewarded.

XCAD
Network
has
already
onboarded
some
of
the
biggest
YouTubers
in
the
world
to
issue
creator
tokens
on
its
platform.
However,
getting
governments
involved
gives
the
project
more
credibility.
This
allows
XCAD
Network
to
attract
even
bigger
names
to
issue
creator
tokens,
stay
on
top
of
regulatory
requirements
and
drive
more
users
to
the
XCAD
platform.

About
XCAD
Network

XCAD
Network
allows
YouTube
creators
to
launch
personalised
tokens
and
generate
dedicated
economies
around
their
loyal
fan-base
It
also
offers
new
upstart
creators
a
way
to
earn
tokens
and
generate
income
even
before
the
creator
generates
traction
on
YouTube
itself.

In
addition
to
helping
generate
new
revenue,
XCAD
Network
fosters
deeper
engagement
through
gamification
and
rewards.
Fans
benefit
monetarily
from
the
growth
of
their
favourite
creators,
thus
strengthening
the
bonds
between
creators
and
their
followers.

The
platform
is
backed
by
famous
YouTubers
such
as
KSI
and
Mr
Beast,
and
is
home
to
100+
celebrity
influencers
globally
with
a
combined
audience
of
over
800M.

The
XCAD
ecosystem
consists
of
DEXs,
a
governance
portal,
a
browser
plugin
with
Youtube
integration,
cross-chain
bridges,
staking
pools,
and
creator
swap,
which
lets
users
exchange
creator
tokens.

For
more
information,
please
visit:

https://xcadnetwork.com/

Contact

Roelien
Vd
Westhuizen
Dverse
[email protected]