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NetworkNewsBreaks – Creatd Inc. (NASDAQ: CRTD) P

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Posted On: 12/23/2020 2:53:11 PM
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Posted By: NetworkNewsWire
NetworkNewsBreaks – Creatd Inc. (NASDAQ: CRTD) Provides Update on Proprietary Platform Performance in 2020

Creatd (NASDAQ: CRTD), the parent company of Vocal, has released a year-in-review overview for the proprietary technology platform. The update spotlights the creators, stories and milestones that distinguished the platform throughout 2020. In addition, the update notes how Vocal supported the creative community, helping it survive during a year that faced major challenges presented by the global pandemic. The update reported that Vocal creators submitted more than 120,000 stories while users spent an average of more than four minutes consuming those stories. In addition, Vocal creators received more than $400,000 in revenue throughout the year; $195,000 of that was earned through exclusive Vocal challenges. “It is important in today’s business environment for investors to acknowledge and understand that in order to build a valuable company, our management team and, more importantly, the platform must be contributing to more than just the bottom line,” said Creatd CEO and founder Jeremy Frommer. “As I have always said, and as our Year in Review confirms, when our creators succeed, the company succeeds.”

Please see full disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer


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