💰Creator Economics
How XCAD plans to leverage creator and fan relations and economy with a user-friendly blockchain solution.
Last updated
How XCAD plans to leverage creator and fan relations and economy with a user-friendly blockchain solution.
Last updated
You can download our initial Yellow Paper PDF here which contains detailed information about the modelling used to develop the components of the XCAD network.
Creator Tokenomics have evolved since v1 and current versions will be kept updated in this Gitbook
If you prefer a quicker read, you can keep reading this web-friendly summary.
Content creation in Web 2.0 was always about the relationship between platforms and creators with fans playing a minimal role. With Web 3.0 things have changed and the goal of the XCAD network is to disrupt the traditional fan-creator-platform model through Creator Tokenization and Fan Rewards and to do this at scale. This article sketches out the broad details of how our creator tokenomics will work.
We are taking a very dynamic approach to Creator economics, as we believe it is essential for success. We reserve the right to analyse the data and adapt the economics. Our goal is to ensure the long-term sustainability of the system and ecosystem, and ensure that we are delivering a unique engagement experience for creators and fans alike.
Overall, in terms of system design, we wanted to ensure that the system becomes deflationary, with the understanding that when we scale we are going to have a large number of different agents (YouTubers) who are independent of the XCAD platform, and we will need to evolve a system that is robust and can thrive in the long run.
