Does getting paid to watch your favorite YouTubers sound like a far-flung and impossible dream? Well, that dream is fast becoming a reality courtesy of an innovative and groundbreaking concept dubbed Watch2Earn. Leading the charge in the newest digital revolution is the tokenization platform, XCAD Network. We caught up with its CEO Oliver Bell to learn more about the process observers are suggesting will transform how we use YouTube.
“Watch2Earn is the perfect manifestation of the power and value of content-creator audiences,” explained Oliver Bell. “XCAD Network is a global platform committed to enhancing the creator-audience dynamic through tokenization and NFT technology. In principle, this means we empower YouTubers with their own cryptocurrency-creator token. This, in turn, enables them to reward their viewers for engaging with their content on YouTube. By using the XCAD Plugin and watching their favorite tokenized creators on YouTube, fans can earn while being entertained. It’s a match made in Heaven.”
For YouTubers interested in getting on board, the process is simple. Firstly, you apply for tokenization. Secondly, your fan token is released, and viewers can now earn your token via the plugin. This not only increases viewership and watch time, but once you hit certain milestones, you also get paid via your own fan token.
Oliver Bell revealed, “Watch2Earn is revolutionary because it offers another source of monetization while enhancing the fan experience. It offers so many opportunities. For example, the more creator tokens a viewer has, the more weight they will carry when voting on channel-based decisions and what content they prefer their creator to make. Not only does Watch2Earn democratize the relationship between creator and viewer, but it also offers them an additional stream of revenue and empowers them both. Additionally, fans can trade their fan tokens for those of creators and use them to purchase merchandise, NFTs, and more. I urge everyone to watch this space because the Watch2Earn revolution will take the digital world by storm!”
