MrBeast's Crypto Investment: How the YouTuber Is Shaping the Future of Cryptocurrency
- WBOYOriginal
- 2024-08-24 00:07:10234browse
There are reasons to believe that young entrepreneurs see cryptocurrencies as a good investment option. The massive crypto investment of youtuber, known as MrBeast is a best example.
Youtuber MrBeast, whose real name is Jimmy Donaldson, is known for his lavish stunts and giveaways. But did you know that he is also a cryptocurrency enthusiast?
In a recent podcast appearance, MrBeast revealed that he has at least $2 million in Bitcoin. He also discussed his involvement with the XCAD Network, a watch-to-earn platform that allows fans to earn Creator Tokens by watching their favorite creators on YouTube.
Here's a closer look at MrBeast's crypto investment and how it might be inspiring other young entrepreneurs to consider crypto.
MrBeast's Bitcoin Holdings
MrBeast's crypto investment came to light during an episode of the "Full Send Podcast," where he casually mentioned his Bitcoin holdings in response to a question about his net worth. According to MrBeast, the majority of his net worth is tied to his Youtube channel, but he does have "a good chunk" in crypto, specifically Bitcoin.
"I think the last time I checked, I had like $2 million in Bitcoin," MrBeast said on the podcast.
However, he later clarified that the actual amount is likely higher, as the price of Bitcoin has increased since he last checked.
"It's probably more now because Bitcoin went up a good chunk," he added.
MrBeast's crypto investment is noteworthy, considering his massive following and influence among younger audiences. His open discussion about crypto could pique the interest of his fans and lead them to explore cryptocurrency as an investment option.
MrBeast and the XCAD Network
In addition to his Bitcoin holdings, MrBeast is also involved with the XCAD Network, a watch-to-earn platform that has partnered with several top YouTubers.
The platform allows fans to earn Creator Tokens by watching videos from their favorite creators, who are then compensated by the network. Fans can later use the Creator Tokens to purchase exclusive experiences, merchandise, or even NFTs.
MrBeast is among the YouTubers who have joined the XCAD Network and are offering their fans the opportunity to earn their Creator Tokens. Fans can earn MrBeast's Creator Tokens by watching his videos on the platform.
The price of the XCAD token, which is used on the platform, has been fluctuating in the range of $0.3 - $0.4 throughout 2023. At the time of writing, 1 XCAD token is valued at approximately $0.3589.
The token's market cap also stands at around $17,135,671, according to CoinGecko.
Overall, MrBeast's involvement with the XCAD Network and his openness about his crypto investment could further expose young audiences and entrepreneurs to the world of cryptocurrency and its potential.
The above is the detailed content of MrBeast's Crypto Investment: How the YouTuber Is Shaping the Future of Cryptocurrency. For more information, please follow other related articles on the PHP Chinese website!