Watch-to-Earn is one of the means of earning passive income online. You are compensated for watching videos online. In the blockchain, the reward is usually in form of cryptocurrencies and NFTs. In this article, you will learn about some trending watch2earn blockchain projects that have powerful potential, how to setup and use them. They reward both video watchers for watching videos on platforms like YouTube and the likes, and content creators with cryptocurrencies. This is one of the ways to earn cryptocurrencies without investment.
What is Watch2Earn (W2E)?
Watch to earn is a passive income money making trend, where you are compensated for the time and data you spent in watching videos online. This money making trend has been available for some years now for web 2.0. But with the invention of web3, you can now earn cryptocurrencies and other digital assets by just watching videos online. These cryptocurrencies can be converted to fiat currencies in crypto exchanges.
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This is just one of the use cases of web3 and blockchain. There are lots of others.
Best Watch2Earn Blockchain Projects
XCAD Network (XCAD) – xcadnetwork.com
This is the first watch to earn blockchain project for YouTube users hosted on Ziliqa blockchain. XCAD Network is a content creator monetization DeFi solution, where content creators on video platforms like YouTube tokenize their contents, then users who watch these tokenized contents with XCAD Network plugin earn the native token of the content creator. Each YouTube content creator has a unique cryptocurrency token. As the content of a content creator performs better, more of their tokens will be released to the creator.
Imagine getting paid for what you have been doing before now for free. So if you are a YouTube user, this is an opportunity to earn money for watching YouTube videos.
The native token of XCAD Network is XCAD, and had the following utilities:
- Powers the XCAD decentralized exchange.
- It is the only trading pair with all content creator tokens.
- Provides governance from which creators can tokenize their contents.
- It powers all creator liquidity offerings.
- The token is required for staking all creator tokens in order to earn a Multiplier on content rewards for viewers.
- The fund accumulated from trading fees sales on XCAD decentralized exchange and profits from NFT management will be used to buy back a portion of XCAD token from the total supply and then be burnt, thereby reducing the total supply of the XCAD native token.
Content Creators enjoy the Following Benefits via XCAD Network:
- Increased engagement, watchtime and loyalty from their fans.
- Further monetization of content via creator token unlock, NFT Moments and via the sale of creator based services, etc.
Video Watchers or Fans Enjoy the Following Benefits via XCAD Network:
- Govern creator’s decisions via the XCAD Network plugin.
- Earn, stake, trade and view creator tokens via XCAD plugin.
- Buy and sell the content creator token
- Track and analyze creator tokens via influencermarketcap.com.
- They can use the creator tokens to buy NFT managements from creators which are exclusively available on XCAD’s NFT marketplace.
How to Earn Crypto Tokens via XCAD Network Plugin Extension
To earn tokens via XCAD Network, simply download, install and activate the XCAD browser extension, which is available in chrome extension. Search for “XCAD plugin” and then add it to your Google Chrome browser.
Then you watch at least 80% of a YouTube tokenized creator video with this XCAD Network plugin extension activated, you will be rewarded with the YouTube video creators token.
How to Buy XCAD Token
Buying from a Centralized and Decentralized Exchanges:
XCAD token is listed already listed in some centralized exchanges like Kucoin, Gate, Ascendex, etc. You can also buy from some decentralized exchanges like Uniswap (with ETH), Pancakeswap (with BNB), Quickswap with (Polygon), etc.
Buying from ZIL-CAD DEX:
Another way to buy XCAD token is to buy ZIL (Ziliqa) from centralized exchanges like Binance, Kucoin, Gate, etc. Then you download ZilPay wallet from Google play store or apple play store, setup a wallet in the app. Next, you transfer the ZIL coin you bought from a centralized exchange to your ZilPay wallet. Then go to swap.xcadnetwork.com, connect your ZilPay wallet and swap the ZIL coin to XCAD token.
Optionally, you can buy XCAD token from a centralized exchange and then transfer it to your ZilPay wallet, which is a secured web3 wallet for Ziliqa blockchain.
- Simplified Centralized Exchange Trading Guide for Beginners
- Complete Decentralized Exchange Trading Guide for Beginners
MContent (MCONTENT) – mcontent.net
MContent introduced the first blockchain-based digital content marketplace with the aim of building a collaborative content ecosystem with the core purpose of seed funding, incubating and curating content creators and film makers around the world, especially for those content creators and media artists who have the talent but lack the resources to make their works go worldwide. MContent will help connect them to global investors and global audience. It is hosted in Binance Smart Chain (BSC).
Below are the 5 business lines of MContent platform:
- MOriginals: Which consists of original series produced by leading film production companies and talents worldwide.
- MWork: The freelancing and content monetization section for content creators.
- MSeed: This is the seed funding section for aspiring content creators.
- MTrade: Where you can buy and sell created content of the platform.
- MBrowse: The content viewing and monetization section of the platform.
The native token of the project is MCONTENT. Users get free 50,000,000 MCONTENT token for signing up with the platform and also earn free tokens for watching video contents on the platform. You also earn cryptocurrency when you do any of the following: download the app, refer/invite a friend, complete your profile, connect your private wallet to the app, upload a video, complete watching a video, watch a video (for at least 15 seconds), like a video, watch MOriginals, share MOriginal promos, subscribe to MContent channel, check-in daily, etc.
Below is the tokenomics and a breakdown of how to earn MCONTENT tokens:
You can download MContent app from Google play store or apple store, sign up, watch videos and start earning free cryptocurrencies.
- How to Make Money from Play-to-Earn (P2E) Games
- 11 Legit Websites that Pay you to Watch Videos & Take Surveys Online
Other Websites/Apps that Pay you to Watch Videos Online
Here are some other platforms where you get paid to watch online videos:
- Odysee (LBC) – odysee.com: A decentralized educational and content resource platform where creators can post their videos, and both they creator and videos watchers are rewarded.
- Permission.io (ASK): A web3 advertising platform that connects brands and consumers via crypto rewards.
- PlayNano (XNO) – playnano.online: A decentralized blockchain project where earn crypto by watching videos, playing games, betting online, etc.
- Cointiply – cointiply.com: An online platform that rewards you with Bitcoin (BTC) and other cryptocurrencies for watching videos and complete some other assigned tasks on the platform.
- BitTube (TUBE) – bittube.app: A blockchain-powered, decentralized YouTube alternative, where you earn rewards for surfing the web and as a content creator.
You can learn more about these platforms from this article: 7 Legit Watch-to-Earn Platforms that Pay you in Cryptocurrencies.
You have seen some of the watch to earn blockchain projects that rewards both content creators and video watcher with cryptocurrencies. With the evolution of web3, ways to make cool money online has become much easier. Instead of watching videos online for free, why not utilize these blockchain projects and get paid for doing what you love?
If you are looking for how to make money by watching YouTube videos, then install XCAD browser extension. Then use the browser where you installed it to watch YouTube tokenized video and make money.
If you have any contribution or question about watch to earn blockchain projects, drop it in the comment section. Enjoy!
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