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XCAD Network Empowers the Creator Economy with the Launch of $DON with YouTube Star TheDonato on Gate.io and MEXC

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XCAD Network, a leading Watch2Earn tokenisation platform for YouTubers, today unveiled the highly anticipated addition to its innovative creator token ecosystem, $DON, in collaboration with Donato Muñoz (TheDonato), a popular YouTube star with 40M+ subscribers and 7B views recognised for exciting content about video games. The new creator token was listed on Gate.ioand MEXC at 07:00 am UTC on Wednesday, 8th May 2024.

Strategically positioned to capitalise on the evolving creator economy, the new $DON token, tailored for TheDonato’s fanbase, presents an array of exclusive benefits and opportunities for fans to engage with their favourite YouTubers.

Among the perks offered, fans receive product rewards, participation in exclusive raffles, as well as a voice in the pivotal decisions shaping TheDonato’s content creation journey. Benefits include featuring in TheDonato videos, receiving signed memorabilia, and meet-and-greet sessions, all of which deepen the connection between the creator and fans through the new creator token. This level of access to a creator has never been seen before, and will be achieved exclusively through creator tokens.

Oliver Bell, CEO and Co-Founder of XCAD Network, expressed his excitement about the new creator token launch: “At XCAD, our dedication lies in empowering creators and their devoted fan base. The introduction of TheDonato creator token revolutionises the landscape of the creator economy and fan loyalty through blockchain technology, effectively bridging the gap between creativity and financial empowerment. With $DON, we are providing more than just rewards; we are creating a platform for fans to actively engage and influence the content they love.”

Donato Muñoz (TheDonato) added: “I am thrilled to partner with XCAD Network to launch the $DON token, marking a major milestone not only for me but also for all my fans across the globe. This is not just about a new form of monetisation – it is about creating a stronger, more interactive community. With this token, we are breaking new ground together, giving my fans unprecedented ways to engage with my content to play a significant role in our shared journey. I look forward to how our interaction evolves with this innovative step forward.”

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With a total supply of 1 billion $DON tokens, the newly launched creator token will be divided whereby 30% is dedicated for incentives, 20% for pre-sale, 30% for MM-Exchange-LP, 10% for contributors and 10% for marketing.

The $DON token empowers fans to transcend the traditional boundaries of fan-creator interactions, fostering a dynamic and mutually beneficial relationship. Through this tokenised ecosystem, fans are not only rewarded for their unwavering support but are also empowered to actively shape the future of TheDonato’s content landscape.

XCAD Network’s new creator token marks another step in its roadmap to empower the creator economy, providing creators with the opportunity to monetise their content and fans a voice to contribute to the future of their creator’s journey with rewards for their loyalty.

The post XCAD Network Empowers the Creator Economy with the Launch of $DON with YouTube Star TheDonato on Gate.io and MEXC appeared first on HIPTHER Alerts.

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Blockchain

CryptoBlox Signs Amended & Restated Share Purchase Agreement to Acquire Blockchain Fintech

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Blockchain

Belgium RegTech Business Report 2024: Market to Grow by 24.8% to Surpass $300 Million this Year – Investment Opportunities to 2029

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Belgian RegTech Market

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Blockchain

Kyrrex Expands into the U.S. Market, Offering Crypto Solutions with Low Fees

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Kyrrex, a crypto ecosystem, is thrilled to announce its official launch in the United States. With operations now live in ten states, Kyrrex is poised to offer American users a platform for cryptocurrency trading, payments, and wallet management.

Kyrrex’s U.S. platform enables users to buy and trade cryptocurrencies with competitive commissions of just 0.2%, making crypto transactions efficient and cost-effective. Available in California, Colorado, Hawaii, Utah, Indiana, Wisconsin, Missouri, Montana, Massachusetts, and Wyoming, Kyrrex is rapidly expanding to other regions across the U.S.

“We’re incredibly excited to bring Kyrrex to the U.S. market,” said Mike Romanenko, CVO & Co-Founder at Kyrrex. “Our platform is designed to offer American users a safe and reliable way to manage all their crypto needs, and we look forward to growing our presence across the country.”

Why the U.S. Market Matters for European Crypto Companies

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The U.S. represents one of the largest and most dynamic crypto markets in the world. As of 2024, the U.S. accounts for over 25% of global cryptocurrency activity, driven by increasing institutional investment and mainstream adoption. The approval of Bitcoin exchange-traded Funds (ETFs) has boosted institutional interest significantly, signaling a shift toward greater acceptance of cryptocurrencies as full-fledged assets. By 2025, the U.S. crypto market is expected to see substantial growth, with estimates projecting a compound annual growth rate (CAGR) of over 12% in the sector, supported by both retail and institutional demand. For companies like Kyrrex, entering the U.S. market is a strategic move to expand user reach and tap into this rapidly evolving landscape, which offers vast potential for innovation and growth.

Kyrrex’s expansion into the U.S. is a testament to the company’s commitment to building a global crypto ecosystem that connects crypto-related services in one platform. By providing American users with access to a platform that offers crypto trading, wallet services, and low-fee purchases via debit and credit cards, Kyrrex is positioned to be a responsible player in the U.S. market. After six years of building a comprehensive crypto ecosystem, the company continues to lead with regulatory compliance. Today, Kyrrex’s achievements include:

  • Saint Vincent and the Grenadines: Kyrrex Limited is registered and recognized by the SVG Financial Services Authority, providing a foundation of trust and security;
  • Malta: REX, part of the Kyrrex ecosystem, obtained a prestigious VFA Class 4 license in 2021, allowing the platform to offer Virtual Financial Assets (VFA) services while maintaining the highest European regulatory standards;
  • United States: Kyrrex is registered with FinCEN as a Money Services Business (MSB) and is available in 10 U.S. states, including California, Massachusetts, and Utah.

Kyrrex ecosystem is also preparing for future regulatory changes by applying for a Class 3 MiCA (Markets in Crypto-Assets) license and an EMI (Electronic Money Institution) license in Malta and the U.K. Also, the company applied for an Investments Services license, which will enable brokerage services from and within Malta. This strategic approach ensures that Kyrrex will continue to offer secure and compliant services across multiple jurisdictions.

“Kyrrex’s entry into the U.S. comes at a critical time as regulations around cryptocurrency continue to evolve. The company’s commitment to regulatory compliance demonstrated through adherence to U.S. state law, positions Kyrrex as a responsible and reliable platform for American users. As part of Kyrrex’s mission, we will continue working closely with U.S. regulators to ensure that our platform remains compliant with the highest regulatory standards.”, stated Mr. Romanenko from Kyrrex.

With plans to expand into more states and enhance its service offerings, Kyrrex is dedicated to reshaping the operations of digital assets by providing users with secure, efficient, and regulated crypto solutions.

The post Kyrrex Expands into the U.S. Market, Offering Crypto Solutions with Low Fees appeared first on HIPTHER Alerts.

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