TheDonato Creator Token (DON): An in-depth look at the XCAD Network’s first creator token
TheDonato Creator Token (DON) has been launched on HIBT on May 8. TheDonato (DON) creator token is the first creator token launched by XCAD Network and is also the official creator token of the well-known influencer TheDonato. TheDonato has over 40 million subscribers on YouTube, 10 million on TikTok, and 4.8 million on Instagram. This token aims to bridge the gap between fans and creators, bringing creators and fans closer together through DON tokens for management and decision-making on TheDonato’s YouTube channel and access to creator-provided perks. DON is currently open for trading on HIBT.
Token information
Token symbol: DON
Total amount of tokens: 1,000,000,000
Token distribution ratio and unlocking rules:
Public sale, 20%: TGE unlocks 5%, lock-up period is 4 months, unlocking period is 19 months
Market makers/exchanges/liquidity pools, 30%: TGE unlocks 100%
Creator incentives, 30%: no lock-up period, unlocking period of 20 months
Market, 10%: lock-up period of 2 months, unlocking period of 19 months
Contributors, 10%: 2-month lock-up period, 19-month unlock period
Vision
- #Watch2Earn Revolution:
We've already seen #Play2Earn and #Move2Earn gain mainstream adoption, with 2.1 billion people actively using YouTube. These users watch content and provide value to creators, and we are creating a system that works in conjunction with them to reward viewers for watching creators while providing further incentives for creators to further connect and engage with their success. - Close the distance between creators and fans:
By giving creators a platform to interact in a Web 3.0 system and rewarding fans for their continued loyalty. Resulting in a surge in engagement and value for both parties. Fans will be closer than ever to their favorite creators and have a say in channel decisions and share in the creators’ journey to success.
3.NFT moment:
NFTs show incredible potential, yet we still believe they need to evolve. Through our NFT collectible system based on gamification and utility, combined with the largest mainstream influence across all sectors, we will turn the most iconic YouTuber moments into gamified NFT collectibles. Users can try to open NFT Moment packages, build their own Moment collection, or purchase one on the secondary market.
Summarize:
XCAD helps YouTubers grow in a saturated space, allowing the world's best YouTubers to connect with their fans like never before. XCAD already has creators with over 500 million subscribers. XCAD is bridging the gap between creators and their fans, while creating a competitive advantage and additional monetization opportunities for creators.