Blockchain
First-Ever Creator Token Skyrockets to 100x – $DON, Launched by XCAD Network on Gate.io and MEXC, Delivers Stellar Performance on Day One
XCAD Network, a leading Watch2Earn tokenisation platform for YouTubers, has achieved significant success with its first-ever full product creator token $DON, in collaboration with Donato Muñoz (TheDonato), a popular YouTube star with 40M+ subscribers and 7B views recognised for exciting content about video games. Since its launch on the 8th of May, the new creator token has soared to a 100x all-time high, now sitting at 43x at US$0.043, achieved a 24-hour trading volume of US$2.7 million, and attained an FDV of US$43 million, successfully redefining creator tokenisation and providing fans with unmatched access and rewards.
The new $DON token, launched and specifically tailored to meet the unique interests of TheDonato’s fanbase, features an array of exclusive benefits and engagement opportunities that capitalise on the growth of the creator economy. In anticipation of these perks, which include product rewards, exclusive raffle participation, and a significant role in influencing TheDonato’s content creation journey, the launch was live-streamed to the YouTuber’s 40M+ subscribers who have shown substantial enthusiasm by delving into purchasing the new creator token to enjoy these unique advantages.
Oliver Bell, CEO and Co-Founder of XCAD Network, expressed his excitement about the success of the new creator token launch: “Watching TheDonato’s fanbase rally behind the launch of the $DON token is incredibly affirming. It is a clear indication that our platform’s commitment to empowering content creators and engaging fans through innovative blockchain technology is resonating. This launch not only celebrates the success of TheDonato but also exemplifies our vision of transforming fan engagement into tangible rewards and opportunities. The imminent next steps involve launching the $DON token and integrating it into the XCAD app. This will enable fans to acquire and utilise the token to connect with Donato.”
Donato Muñoz (TheDonato) added: “The response from my fanbase to the $DON token has been overwhelmingly positive, marking a significant milestone early in its rollout. Their support is crucial to my growth as a content creator and illustrates the power of including fans directly in the content creation process. The launch was live-streamed to my fans, and it was an awesome event. We are just beginning this exciting journey together, and I am eager to explore how this collaborative approach will evolve, making content creation a more interactive and rewarding experience for every loyal supporter.”
Having onboarded YouTubers with over 800 million subscribers combined, XCAD Network is on a mission to bridge the gap between creators and their fans, while creating competitive advantages and additional monetary avenues for creators. The $DON token marks a crucial step in this journey by pushing TheDonato’s fanbase beyond the traditional boundaries of fan-creator interactions, developing a mutually rewarding relationship.
The post First-Ever Creator Token Skyrockets to 100x – $DON, Launched by XCAD Network on Gate.io and MEXC, Delivers Stellar Performance on Day One appeared first on HIPTHER Alerts.
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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