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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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Legal Luminary Sarah Brennan Champions Pioneering Crypto Regulation Approaches

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Sarah Brennan, an accomplished figure in corporate and securities law, serves as General Counsel at Delphi Ventures, focusing on investments in the Web3 space. With over 14 years of experience in securities law and a deep involvement in digital assets since 2017, Brennan also co-leads LeXpunK, a collective dedicated to establishing legal frameworks for decentralized digital communities.

In a candid interview with a prominent cryptocurrency news outlet, Brennan discussed various critical topics. She addressed the emergence of crypto super PACs, funded significantly by major firms like Ripple and Circle, to counter strict SEC regulations. Brennan viewed the SAB 121 bill, backed by the US administration, as potentially isolating the crypto community from broader financial integration.

While acknowledging the influence of centralized entities in advocating for crypto interests, Brennan cautioned against replicating traditional financial hierarchies within the crypto sphere, which contradicts its revolutionary ethos. She expressed concerns about monopolistic scenarios that could dominate the crypto landscape, exerting excessive control over essential industry components and traditional financial operations.

Regarding regulatory challenges, Brennan advocated for tailored regulations to manage systemic risks posed by large centralized crypto institutions. She criticized the current regulatory opacity and inconsistency, which she believes have fostered suboptimal business practices. Through LeXpunK, Brennan endeavors to pioneer experimental legal structures that could redefine regulatory compliance for token issuances, though reception from policymakers has been lukewarm.

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Looking ahead, Brennan emphasizes the need for proactive regulatory approaches using antitrust measures to prevent crypto monopolies, promote decentralization, and target bad actors. However, she highlighted the persistent communication gap between crypto-literate legal advocates and hesitant regulators as a significant obstacle.

Brennan continues to drive forward her mission through new advocacy platforms aimed at shaping the future of cryptographic regulation, navigating complexities to ensure balanced and effective regulatory frameworks in the evolving crypto landscape.

Source: shakirabrasil.info

The post Legal Luminary Sarah Brennan Champions Pioneering Crypto Regulation Approaches appeared first on HIPTHER Alerts.

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Italy Ramps Up Crypto Oversight in Line with MiCA

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Italy is preparing to strengthen its oversight of cryptocurrency markets to align with the European Union’s Markets in Crypto-Assets (MiCA) regulatory framework. This initiative, initially enacted in 2022, aims to impose stricter monitoring of digital asset markets, particularly targeting insider trading and market manipulation. Under the new decree, fines ranging from 5,000 to 5 million euros ($5,400 to $5.4 million) will be imposed based on the severity of violations, reinforcing compliance and market integrity.

For blockchain firms and decentralized finance (DeFi) protocols, MiCA presents significant challenges. These entities must decide between fully decentralizing their networks or complying with MiCA’s Anti-Money Laundering (AML) and Know Your Customer (KYC) regulations. Fully decentralized networks are exempt from reporting requirements but risk non-compliance if they employ foundations or intermediaries moderating communities.

Centralized exchanges like Binance are adapting to MiCA by categorizing stablecoins as authorized or unauthorized, aligning with regulatory requirements without delisting these assets from spot markets. Uphold has similarly adjusted by delisting certain stablecoins for compliance purposes.

Despite regulatory pressures, experts are optimistic about stablecoins’ future. Figures like Jeremy Allaire, CEO of Circle, predict stablecoins could represent 10% of the money supply within a decade. They anticipate widespread adoption driven by benefits such as financial inclusion, lower remittance costs, and seamless cross-border commerce via public blockchains.

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This regulatory framework underscores the transformative potential of stablecoins and blockchain technology within the global financial system.

Source: coinfomania.com

The post Italy Ramps Up Crypto Oversight in Line with MiCA appeared first on HIPTHER Alerts.

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1inch Network Teams Up with Blockaid for Shield API

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1inch Network has collaborated with Blockaid to introduce the 1inch Shield API, a pioneering advancement in Web3 security. This collaboration aims to enhance user protection within decentralized finance (DeFi) by bolstering defenses against fraudulent tokens. Blockaid, renowned for its expertise in Web3 security solutions, utilizes advanced data analytics and machine learning to swiftly identify and flag scam tokens, safeguarding users from potential financial risks.

The 1inch Shield API also addresses compliance with Anti-Money Laundering (AML) regulations through continuous screenings of blockchain addresses. Powered by TRM Labs, this feature scrutinizes addresses for associations with sanctioned entities and illicit activities, preemptively restricting suspect addresses to prevent regulatory infractions.

Additionally, 1inch integrates Etherscan Pro’s blocklisting capabilities to proactively blacklist suspicious addresses, further fortifying its security measures.

This initiative marks a significant milestone in DeFi security, promising unparalleled levels of security and compliance. As 1inch continues to deploy this technology across its platform, it aims to provide developers and users with enhanced protection and confidence in navigating the Web3 landscape.

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Source: cryptotimes.io

The post 1inch Network Teams Up with Blockaid for Shield API appeared first on HIPTHER Alerts.

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