NetworkNewsBreaks – Creatd Inc. (NASDAQ: CRTD) R
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Creatd (NASDAQ: CRTD), a proprietary technology platform for creators of all types, announced the release of the first of a series of updates to its Vocal platform technology. The enhanced design and functionality updates are focused on increasing creator discoverability and enriching the user experience. The company noted that the platform updates should also drive continuing growth in conversions from freemium creators to premium Vocal+ subscribers. The initial update was unveiled last week and features a more intuitive user experience for Vocal’s creators and audiences as well as new community-specific metrics that highlight the health, safety and user volume of both the creators and platform communities. The Vocal platform currently has more than 850,000 creators on the freemium tier, with approximately 1,200 new freemium creators joining every day. In December 2020, Vocal+ reached 10,000 paid subscribers, a 117% increase since the start of that quarter. “These updates, the first of many on our 2021 product roadmap, are focused on improving the way we champion and curate quality stories from Vocal’s creator community, said Creatd founder, president and head of product Justin Maury in the press release. “They also lay the foundation for exponential conversion growth across the platform.”
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