Creatd Completes Launch of Vocal App, Now Available for Both Android and iOS

Rhea-AI Summary

Creatd, Inc. (OCTQB:CRTD) has launched the Vocal app for Android, complementing its earlier iOS release. This app enables creators to engage their audience with new Vocal+ features like Vocal Coins, a payment system, enhancing content discovery and personalization. CEO Jeremy Frommer highlighted that the app's availability on Android aims to broaden the audience reach and is expected to improve subscriber retention, potentially impacting the company's financial performance positively starting in fiscal year 2023.

Positive

• Launch of Vocal app for Android increases market reach.
• New Vocal+ features may enhance user engagement and monetization.
• Expected to boost subscriber retention and impact bottom line positively in fiscal year 2023.

Negative

• None.

NEW YORK, Oct. 31, 2022 /PRNewswire/ -- Creatd, Inc. (OCTQB:CRTD) ("Creatd" or the "Company"), today announced the roll-out of Vocal's new Android app, which comes following the successful introduction of the Vocal mobile app on iOS during third quarter 2022.

Vocal's mobile app, which is now available on both Apple's App Store and the Google Play Store, is designed for audiences to more effectively engage with the content and creators they know and love. Using the app, creators will benefit from accessing new Vocal+ premium resources and exclusive app-only features like Vocal Coins—a built-in payment system. Further, the app leverages Vocal's existing "Subscribe" capabilities to optimize in-app content discovery and curation as well as personalization, which together generate a premiere and elevated reader experience.

Commented Executive Chairman and CEO Jeremy Frommer, "By making the Vocal app available for Android users, we are actively executing on our broader effort of widening the distribution of our creators' stories and the enhanced Vocal experience to a significantly larger international audience. We expect the app to generate positive returns by increasing Vocal+ subscriber retention, and should see significant impact to our bottom line beginning in fiscal year 2023."

Users may download the Vocal app for Android on the Google Play Store, here.

About Creatd

Creatd, Inc. (OTCQB: CRTD) is a company with a mission to provide economic opportunities to creators and brands by multiplying the impact of platforms, people, and technology. The Company has four main business segments, or 'pillars': Creatd Labs, Creatd Partners, Creatd Ventures, and Creatd Studios. Each pillar is characterized by a distinct revenue model, while operating on a shared-services structure and proprietary data collected from our multiple technology platforms. Creatd's pillars work together to create a flywheel effect, supporting our core vision of creating a viable and safe ecosystem for all stakeholders in the creator economy.

Creatd: https://creatd.com;
Creatd IR: https://investors.creatd.com;
Vocal Platform: https://vocal.media;

Investor Relations Contact: ir@creatd.com 

Forward-Looking Statements

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SOURCE Creatd, Inc.

FAQ

What is the significance of Creatd's new Vocal app launch for Android?

The launch of the Vocal app for Android expands its market reach, allowing creators to engage a larger audience and enhance monetization through new features.

When was the Vocal app for Android launched by Creatd?

The Vocal app for Android was launched on October 31, 2022.

How might the Vocal app impacts Creatd's financial performance?

The Vocal app is expected to enhance subscriber retention, which could positively affect Creatd's financial performance starting in fiscal year 2023.

What new features does the Vocal app offer to users?

The Vocal app includes Vocal Coins, a built-in payment system, and improved content discovery and personalization features.

What is the stock symbol for Creatd, Inc.?

The stock symbol for Creatd, Inc. is CRTD.