XCAD Social is similar to the Friend.tech app, but with some important differences.
Anyone can issue a 'key', providing they have a YouTube ( To be implemented soon ) or X (Formerly Twitter) account. Users and fans can buy these keys to gain access to certain perks around the Creator, such as chat room access.
The main Unique features of XCAD.Social are:
- Fractional key buying
- Launched on BNB Chain
- It's the first application of its kind to have a native token. The only way to purchase a key is by using the XCAD Token
- Allows both web2 and web3 influencers to issue keys
- Contains Twitter, YouTube and Instagram influencers
- The best performing Creators' keys will qualify to launch Creator Tokens, keys will then convert into Creator Tokens. Creators' who qualify here will get additional support and investment from the XCAD Team.
XCAD Social app is just the first part of that V2 SocialFi Ecosystem. It connects to the main SocialFi product very clearly.
This is exactly what SocialFi needs, an entire ecosystem. It's shown that it can get incredible initial interest, but XCAD provides a better and much more sustainable ecosystem for the long term.
What are Keys?
Keys are what gain you access to the creators chat rooms, they are volatile assets which can be traded on the platform using the XCAD Token. Note: You will still require BNB for gas. Some keys on the platform will exchange into Creator Tokens when they are launched. More information will follow in Q1.
Check out our announcement article for more information here
Visit our Gitbook for a step by step on how to use XCAD.Social
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