STOCK TITAN

Clubhouse Media Group, Inc. Announces Additional Enhancements On HoneyDrip.com

Rhea-AI Impact
(High)
Rhea-AI Sentiment
(Neutral)
Tags
Rhea-AI Summary

Clubhouse Media Group, Inc. (OTCMKTS: CMGR) announced enhancements to its digital platform HoneyDrip.com, aimed at empowering creators by allowing them to monetize content. Features include voice messaging, tip requests, and improved photo and video resolutions. CEO Amir Ben-Yohanan noted significant site traffic growth and ongoing efforts to accept crypto payments, further diversifying payment methods. The company provides management services to influencers and aims to strengthen its position in the social media influencer market.

Positive
  • Enhanced features on HoneyDrip.com, including voice messaging and tip requests, improve user engagement.
  • Significant increase in site traffic reported, indicating successful enhancements.
  • Plans to accept cryptocurrency payments, diversifying revenue options.
Negative
  • None.

LOS ANGELES, March 8, 2022 /PRNewswire/ -- Clubhouse Media Group, Inc. (OTCMKTS: CMGR) ("CMGR"), an influencer-based social media firm and digital talent management agency, today announced that wholly owned HoneyDrip.com, has implemented additional sitewide enhancements. Honeydrip.com is a new digital platform designed and owned by CMGR with a focus on the empowerment of creators. The site allows creators to connect and engage with fans and monetize exclusive photo and video content. 

"We've continued to enhance the site daily, making it better for both users and creators", said Danche Prokopov, Director of Project Management for HoneyDrip.com. "For example, we added two amazing features such as voice messaging and tip requests. We also enhanced the system to support higher resolution photos and videos and to automate email exchanges between the site and its users. Additionally, we are exploring the idea of gamifying the site, which would be fun and entice users to stay on the site for longer."

"The site has been growing at an unbelievable pace" said Amir Ben-Yohanan, CEO of CMGR. "These enhancements are leading to an increase in overall traffic coming to the site. We have continued working on accepting crypto payments which will further diversify the payment methods available to our users."

Creators can apply via email to join@honeydrip.com

About Clubhouse Media Group, Inc.
CMGR offers management, production, and deal-making services to its handpicked influencers, a management division for individual influencer clients, and an investment arm for joint ventures and acquisitions for companies in the social media influencer space.

Follow CMGR on Twitter: https://twitter.com/ClubhouseCMGR

FORWARD-LOOKING STATEMENTS: This release contains "forward-looking statements". Forward-looking statements also may be included in other publicly available documents issued by CMGR and in oral statements made by our officers and representatives from time to time. These forward-looking statements are intended to provide management's current expectations or plans for our future operating and financial performance, based on assumptions currently believed to be valid. They can be identified by the use of words such as "anticipate," "intend," "plan," "goal," "seek," "believe," "project," "estimate," "expect," "strategy," "future," "likely," "may," "should," "would," "could," "will" and other words of similar meaning in connection with a discussion of future operating or financial performance.

Examples of forward-looking statements include, among others, statements relating to future sales, earnings, cash flows, results of operations, uses of cash and other measures of financial performance.

Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties and other factors that may cause CMGR's actual results and financial condition to differ materially from those expressed or implied in the forward-looking statements. Such risks, uncertainties and other factors include, among others such as, but not limited to economic conditions, changes in the laws or regulations, demand for CMGR's products and services, the effects of competition and other factors that could cause actual results to differ materially from those projected or represented in the forward-looking statements. Any forward-looking information provided in this release should be considered with these factors in mind. We assume no obligation to update any forward-looking statements contained in this press release.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/clubhouse-media-group-inc-announces-additional-enhancements-on-honeydripcom-301497291.html

SOURCE Clubhouse Media Group, Inc.

FAQ

What enhancements were made to HoneyDrip.com by Clubhouse Media Group?

Clubhouse Media Group improved HoneyDrip.com by adding features like voice messaging, tip requests, and enhancing photo/video quality.

How is HoneyDrip.com expected to impact CMGR's business?

The enhancements on HoneyDrip.com are leading to increased traffic, which could positively influence CMGR's revenue.

What payment methods will HoneyDrip.com support?

HoneyDrip.com is exploring accepting cryptocurrency payments to diversify its payment options.

When was the press release about HoneyDrip.com enhancements issued?

The press release was issued on March 8, 2022.

What is the stock symbol for Clubhouse Media Group?

The stock symbol for Clubhouse Media Group is CMGR.

CLUBHOUSE MEDIA GROUP INC

OTC:CMGR

CMGR Rankings

CMGR Latest News

CMGR Stock Data

4.09M
4.47B
76.42%
Advertising Agencies
Communication Services
Link
United States of America
Las Vegas