Feature Spotlight — Launchpool

Oly Bell
XCAD NETWORK
Published in
2 min readFeb 28, 2024

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Last week we released our first V2 spotlight which focused on Creator Tokens, if you missed it you can check it out (here). In this article we shared how the method used to launch creator tokens will be changing, below we will share some information about one of the other changes coming to V2 Creator token launches.

A new feature with our V2 Ecosystem will be the Launchpool. Users will be able to, through the XCAD application, stake XCAD in Creator Launch Pools for a set period of time, and receive an airdrop of the live Creator offering. This is a completely free offering and anyone with XCAD tokens can enter the Launchpool. The more XCAD you stake the higher percentage of the pool you will receive. This once again, will increase the demand and utility of the XCAD token. It will also take XCAD’s off the market for periods of time. This runs alongside the launchpad/s.

We have seen this model be very successful within other platforms such as Binance.

Stay tuned for more information on the new Creator tokenomics and the platform as a whole.

Please note: Each Creator’s economics will differ.

Stay tuned for more spotlights of our V2 ecosystem coming soon. Product launch is this Q1.

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