{"type":"video","version":"1.0","html":"<iframe src=\"https://www.loom.com/embed/3eb45448d9784300b542e6bd7a76aa8a\" frameborder=\"0\" width=\"1920\" height=\"1440\" webkitallowfullscreen mozallowfullscreen allowfullscreen></iframe>","height":1440,"width":1920,"provider_name":"Loom","provider_url":"https://www.loom.com","thumbnail_height":1440,"thumbnail_width":1920,"thumbnail_url":"https://cdn.loom.com/sessions/thumbnails/3eb45448d9784300b542e6bd7a76aa8a-bfa75039cd73bd0f.gif","duration":1774.273,"title":"Xcavate Protocol Update, TGE Plans and Milestones","description":"This Loom provides an Excavate Protocol project update and outlines revised plans for regulation, launch timing, and token utility. The team says the protocol is about 95 percent complete, with only region palette tweaks and a final external audit remaining before going live, and highlights RealX Education progress including two proof-of-concept deployments at the University of East London and a signed MOU covering education version 1 and planned RealX hubs. For future planning, Excavate is exploring launching the Excavate Foundation as a not-for-profit, potentially via Cayman Islands, while working through the UK regulatory pre-application support service (PASS) and revising its regulatory application. The TGE is targeted for Q3 2026, with an additional XCAV reward of 20 percent if it occurs in Q3, 30 percent in Q4, or 40 percent if delayed to Q1 2027, and the team plans to launch RealX market testing next week with whitelisted test XCAV holders, whitelisted wallets, and monthly activity rewards."}