XCAD Network, a tokenization platform for YouTubers, has entered into a Memorandum of Understanding (MOU) with Pakistan’s Khyber Pakhtunkhwa Government Technical Education & Vocational Training Authority to support Web3 education in the country. The collaboration will involve distributing educational content via the blockchain-powered platform and incentivizing learners through tokens. The goal is to maximize knowledge retention and learning quality through interactive quizzes, focusing on subjects like blockchain and the Web3 world. Plans are in place to introduce other topics such as financial literacy as desired by the government. CEO Oliver Bell expressed excitement about supporting Pakistan in education and aligning with the country’s digitalization trend.
XCAD Network aims to bridge the gap between Web2 and Web3 by bringing new users into the Web3 space. The partnership with Pakistan’s government delivers on this goal by accelerating Web3 adoption through education. The platform allows YouTube creators to launch personalized tokens and build dedicated economies around their fan base, giving new creators an opportunity to earn tokens and generate income before gaining traction on YouTube. XCAD Network also enhances engagement through gamification and rewards, strengthening the bond between creators and their followers. The platform is endorsed by popular YouTubers like KSI and Mr Beast, with over 100 celebrity influencers globally and a combined audience of over 800 million.
The XCAD ecosystem includes decentralized exchanges, governance portals, a browser plugin with YouTube integration, cross-chain bridges, staking pools, and creator swap, which enables users to exchange creator tokens. Through these features, XCAD Network offers a comprehensive platform for YouTubers to engage with their audience, monetize their content, and create a dynamic community around their channel. By leveraging blockchain technology and incentivizing viewers with tokens, the platform enhances the learning experience for users and promotes a deeper understanding of key concepts in areas like blockchain and Web3 technologies. This partnership represents a significant step towards integrating blockchain-based education initiatives into traditional educational systems and fostering a culture of continuous learning and innovation.
Oliver Bell, CEO of XCAD Network, expressed enthusiasm for collaborating with government entities in Pakistan to support educational initiatives that align with the country’s digitalization efforts. By leveraging the platform’s blockchain-powered capabilities, XCAD Network aims to revolutionize the way educational content is distributed and consumed, offering a more interactive and engaging learning experience for users. The partnership with Khyber Pakhtunkhwa Government will not only benefit learners in the region but also contribute to the broader adoption of Web3 technologies in the education sector. Through the distribution of curated educational content and the incentivization of viewers with tokens, XCAD Network is paving the way for a more immersive and rewarding educational experience that promotes knowledge retention and skills development in key areas of interest.
Overall, the collaboration between XCAD Network and Pakistan’s Khyber Pakhtunkhwa Government Technical Education & Vocational Training Authority represents a significant milestone in the integration of blockchain technology and Web3 education initiatives. By leveraging the platform’s capabilities to distribute educational content and incentivize learners through tokens, both parties are poised to revolutionize the education landscape in the region and promote a culture of continuous learning and innovation. With a focus on subjects like blockchain and the Web3 world, the partnership aims to equip learners with the knowledge and skills needed to thrive in the digital economy, while also fostering a deeper understanding of key concepts in emerging technologies. As the collaboration progresses, XCAD Network and the Khyber Pakhtunkhwa Government are set to play a pivotal role in shaping the future of education in Pakistan and beyond, driving Web3 adoption and digital transformation in the education sector.
