XCAD Network Offers YouTubers NFT Incentive After Securing $3,900,000

XCAD Network have secured $3,900,000, with the support of blockchain technology and Zilliqa, which they will use to offer rare NFTs to successful content creators in response to the monetization issue standing in the way of their hard work.

XCAD Network, founded by a group of YouTubers with a collective 50 million subscribers, will offer NFTs which will be unique to each content creator who receives them. They can also be rewarded to the viewers of a particular content creator to thank them for their unconditional loyalty and support.

NFTs are becoming growingly popular in today’s market, they can be bought and sold depending on their scarcity. Youtuber’s, bloggers, and all other forms of social media content creators will now have the incentive to work hard and earn these NFTs, as they currently face adverse monetization issues from YouTube themselves.

XCAD Network Founders Speak on the Monetization Project

Joel Morris, co-founder of XCAD Network, and holder of his own YouTube channel with over 2.5 million subscribers, noted how difficult it can be dealing with the platform’s monetization principles.

Morris: “As a YouTuber myself, I know how inconsistent monetization can be. Due to being at the mercy of advertisers and YouTube itself, earnings can dramatically change month on month”.

“XCAD Network provides a clear roadmap and is something content creators can rely upon”, added Morris.

Oliver Bell, CEO and co-founder of XCAD Network expressed his excitement ahead of the upcoming project, mentioning how this could be a big step in “XCAD’s journey to becoming an integral part of YouTube”.

Bell: “The unprecedented interest from investors, YouTubers and our community shows that the XCAD Network will see considerable demand from content creators and viewers of content, as it monetizes people’s usage by rewarding their engagement”.

“This is an exciting step in XCAD’s journey to becoming an integral part of YouTube that will allow YouTubers to monetize their content above and beyond what they can already do. By creating an environment where both content creators and viewers can monetize their engagement, we expect to see an explosion of activity from both new aspiring YouTubers as well as established ones”.

The project set up by XCAD Network is an exciting one that is in the interest of content creators worldwide, and one that can finally help them monetize their content the way they deserve to.