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Cryptocurrency News Articles
XCAD Network's $DON Token Explodes with YouTube Star TheDonato
May 10, 2024 at 01:03 pm
XCAD Network's creator token for renowned YouTuber TheDonato has achieved remarkable success, reaching a 100x all-time high and generating a trading volume of $2.7 million within two days of its launch. The $DON token offers exclusive benefits, such as product rewards and engagement opportunities, to TheDonato's fanbase of 40 million subscribers, transforming fan engagement into tangible rewards.
XCAD Network's $DON Tokenization Platform Soars to Success with YouTube Star TheDonato
Dubai, May 10, 2024 (GLOBE NEWSWIRE) - XCAD Network, a trailblazing Watch2Earn tokenization platform for YouTubers, has achieved remarkable milestones with its debut full product creator token, $DON. In collaboration with Donato Muñoz (TheDonato), a YouTube sensation with over 40 million subscribers and 7 billion views renowned for his captivating video game content, the $DON token has catapulted to impressive heights within days of its launch.
Since its inception on May 8th, the $DON token has skyrocketed to an all-time high of 100x, currently hovering at 43x with a value of US$0.043. It has generated a staggering 24-hour trading volume of US$2.7 million and boasts a fully diluted valuation (FDV) of US$43 million. This unprecedented surge redefines creator tokenization by providing fans with unparalleled access and rewards.
The $DON token, meticulously tailored to cater to the unique interests of TheDonato's massive fanbase, offers an array of exclusive benefits and engagement opportunities that capitalize on the burgeoning creator economy. In anticipation of these perks, which include enticing product rewards, exclusive raffle participation, and a substantial role in shaping TheDonato's content creation journey, the launch was enthusiastically live-streamed to his 40 million subscribers.
Oliver Bell, CEO and Co-Founder of XCAD Network, expressed his exhilaration over the groundbreaking success of the creator token launch: "Witnessing TheDonato's fervent fanbase rally behind the $DON token launch is a testament to our unwavering commitment to empowering content creators and engaging fans through cutting-edge blockchain technology. This launch not only celebrates the triumph of TheDonato but also embodies our vision of transforming fan engagement into tangible rewards and opportunities. The imminent integration of the $DON token into the XCAD app will further enhance its accessibility and utility for fans, enabling them to connect with Donato in unprecedented ways."
Donato Muñoz (TheDonato) echoed this sentiment: "The overwhelming positive response from my fanbase to the $DON token has marked a pivotal milestone early in its rollout. Their unwavering support is paramount to my growth as a content creator and underscores the transformative power of directly involving fans in the content creation process. The live-streamed launch event was an extraordinary spectacle, and we are just embarking on this awe-inspiring journey together. I am eager to explore the limitless possibilities this collaborative approach holds, where content creation becomes a genuinely interactive and rewarding experience for every loyal supporter."
Having successfully onboarded YouTubers with a collective subscriber base exceeding 800 million, XCAD Network is steadfastly bridging the chasm between creators and their fans while simultaneously opening up new avenues for creators to generate revenue. The $DON token serves as a significant milestone in this endeavor, propelling TheDonato's fanbase beyond the conventional boundaries of fan-creator interactions and fostering a mutually beneficial ecosystem.
About XCAD Network
XCAD Network stands as a pioneering force in the Watch2Earn revolution, seamlessly connecting creators with their fans through its innovative tokenization ecosystem. By partnering with creators amassing over 800 million combined subscribers, XCAD empowers them to launch their own tokens, rewarding fan loyalty and grant them a voice in decision-making processes through Creator Token holding.
Embark on a journey of discovery at https://xcadnetwork.com/
Media Contact:
Yousef Alami
yousef@lunapr.io
Jeffrey Chow
jeffrey@lunapr.io
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