MrBeast and KSI invest in crypto marketplace Xcad Network MrBeast\/YouTube: KSIPopular YouTubers and entrepreneurs Jimmy \u2018MrBeast\u2019 Donaldson and Olajide \u2018KSI\u2019 Olatunji have invested in Xcad Network, a monetization platform and NFT marketplace for YouTube. While the financial details are unknown at the time of writing, Xcad Network have welcomed both of the content creators as investors as they aim to help the next generation of YouTubers better monetize their content. This news quickly follows a funding round held by the company, in which they raised $3.9m to begin with the building of their platform. They\u2019re set to announce more popular creators as investors in the coming days. The involvement of both KSI and MrBeast is thought to be seen as a major endorsement of the platform and the mission that\u2019s driving those behind it, though it\u2019s unknown if they\u2019ll be involved in selling products on the marketplace once it\u2019s launched. Xcad Network will construct a plugin for YouTube that allows \u201ccontent creators to tokenize themselves\u201d and helps viewers to earn rewards from watching and engaging with their content. This functionality will be available directly on the Google-owned video platform. Read More: How does MrBeast make money? – MrBeast has been on an investing spree as of late, injecting cash into mobile banking company Current and Juice, a venture that provides equity financing to YouTubers. KSI, on the other hand, has said to have invested a lot into cryptocurrencies and real estate \u2014 the latter of which he\u2019s described as a \u201c\u00a310m empire.\u201d Glad to be a part of this. (I know I said this on my crypto twitter but I\u2019m truly proud of the potential of this project) https:\/\/t.co\/DlidxqbxfQ \u2014 ksi (@KSI) May 17, 2021 \u201cThe Xcad Network will enable greater engagement amongst YouTubers and their viewers, providing the ability to monetize activity via a tokenized economy that rewards users for engagement and viewer loyalty,\u201d said Xcad Network co-founder Joel Morris. \u201cMass adoption is the end goal here, KSI & Mr Beast investing is one giant step towards that goal.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"
MrBeast and KSI invest in crypto marketplace Xcad Network MrBeast\/YouTube: KSIPopular YouTubers and entrepreneurs Jimmy \u2018MrBeast\u2019 Donaldson and Olajide \u2018KSI\u2019 Olatunji have invested in Xcad Network, a monetization platform and NFT marketplace for YouTube. While the financial details are unknown at the time of writing, Xcad Network have welcomed both of the content creators as […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-21921","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/21921","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/comments?post=21921"}],"version-history":[{"count":0,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/posts\/21921\/revisions"}],"wp:attachment":[{"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/media?parent=21921"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/categories?post=21921"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dejan.au\/index.php\/wp-json\/wp\/v2\/tags?post=21921"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}