AC Ventures is thrilled to announce XCAD Network as an addition to our portfolio. Apart from funding, we will also leverage our insights and network to facilitate and accelerate the growth process of this revolutionary decentralized content creator marketplace.
XCAD is a DeFi platform which tokenizes and adds further monetization to YouTubers whilst also rewarding their viewers. Its founder is Oliver Bell who established one of the biggest E-commerce websites for selling in-game digital currencies with 1.4M turnover, and Joel Morris who established FPS Protein, worked as Head of Marketing at IYF Trading, and recruited by Facebook Gaming team in the very early stage of their platform development. Other advisors include founders of Ditto Music, Anquan Capital, Zilliqa and DAO Maker. The revolutionary project has attracted famous investors like the world’s biggest Youtuber “MrBeast” who amasses 62M+ followers and the biggest Youtuber in UK “KSI” who has 22M+ followers.
This Zilliqa-powered global platform is a powerful bridge between global influencers and their fans. Firstly, it creates rare NFTs that capture influencer moments, and allows fans to acquire and collect them. Secondly, it empowers fans to take part in the influencer content via their influencer fan tokens. Thirdly, it offers a DEX to ensure liquidity for influencer-fan relations and to speculate on the growth potential of an influencer’s brand. At launch, it is led by a collection of major YouTubers that collectively hold tens of millions of subscribers, and we believe that they have the network to expand well beyond this figure post-product finalization.
“Seeing a gap in the market for an online platform teaching people how to become YouTubers, XCAD is a gamified influencer development platform teaching our users how to become YouTubers and tokenizing their creative content. We are glad to have the support from AC Ventures who concurs with our idea of driving the blockchain industry forward with the aid of tokenization and NFT technology”
— Oliver Bell, Founder at Xcademy
“We’re pleased to have XCAD Network onboard with us on this journey of accelerating the development of a larger blockchain ecosystem. DeFi is surely one of our focus in the coming year, as we see the fast-growing interest in the decentralized economy. By leveraging our expertise and network, we are confident to drive the growth of XCAD.”
— Andy Cheung, Founder at AC Ventures
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