Creatd's OG Subsidiary Launches Largest-Ever NFT Sale
Creatd, Inc. (OTCQB: CRTD) has launched the largest-ever NFT drop featuring unique archival assets from its OG Collection. This initiative is part of the company's strategy to spin off the OG Collection onto the OTC Market in Q1 2023. The early sales results confirm the viability of this monetization approach. Additionally, the OG Gallery will serve as a key component of its Web 3.0 strategy, providing benefits such as exclusive merchandise and VIP access to NFT holders. Creatd aims to position itself at the forefront of the NFT space, enhancing opportunities for creators.
- Successful early sales results from the OG Collection validate the monetization strategy.
- The launch of the largest-ever NFT drop positions the company for significant market engagement.
- Introduction of an NFT-based membership program adds value for digital asset holders.
- None.
- After unveiling a preview of its new generative NFT collection last week, collectors can now acquire the one-of-a-kind pieces from the OG Gallery.
- Early sales results validate the monetization strategy for Creatd's OG Collection, Inc. which is expected to be spun-off onto the OTC Market in the first quarter of 2023.
NEW YORK, Dec. 15, 2022 /PRNewswire/ -- Creatd, Inc. (OTCQB: CRTD) ("Creatd" or the "Company"), has announced the official launch of its largest-ever NFT drop, featuring archival assets from the OG Collection, Inc. ("OG Collection"). This marks the Company's most ambitious NFT sale to date, ahead of its anticipated spin-off of the OG Collection media subsidiary.
The OG Gallery is the foundation of the Company's Web 3.0 strategy, years in the making. The OG Gallery utilizes blockchain technology to democratize access to fine art collectibles and to bring rare cultural artifacts to the masses. Beyond vast applications within the realm of the OG Collection, NFTs represent yet another potential method for Vocal creators to utilize the power of technology to showcase their passions.
Recent additions to the Company's comprehensive NFT strategy include an NFT-based membership program for holders of OG Gallery's digital assets. Members will be granted exclusive benefits and perks including:
- The opportunity to purchase a framed fine art print of your one-of-a-kind NFT
- Early participation in future drops
- OG Gallery member merchandise
- VIP access to the OG Gallery in Decentraland
Commented Chairman and CEO, Jeremy Frommer, "During this period of ongoing reorganization to accelerate the monetization of Creatd's core assets, we remain committed to our responsibility to stay at the tip of the spear when it comes to technology. The NFT space is a new frontier with myriad potential opportunities. As we have announced previously, we are working to pursue the dual listing of Creatd on Upstream, the blockchain-powered securities exchange platform. Our OG Collection subsidiary is similarly pursuing the discovery of future opportunities inherent in NFTs and Web 3.0, and as such our company is even more equipped to help creators curate and distribute their work, grow their audience, and monetize their passions."
To browse the collection and purchase your NFT, visit: https://www.og.gallery/og-archive. Additionally, visit the OG Collection's new resource article, which gives collectors and enthusiasts a deeper dive into the archive and its broader cultural significance.
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. 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
Any statements that are not historical facts and that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions or future events or performance (often, but not always, indicated through the use of words or phrases such as "will likely result," "are expected to," "will continue," "is anticipated," "estimated," "intends," "plans," "believes" and "projects") may be forward-looking and may involve estimates and uncertainties which could cause actual results to differ materially from those expressed in the forward-looking statements. We caution that the factors described herein could cause actual results to differ materially from those expressed in any forward-looking statements we make and that investors should not place undue reliance on any such forward-looking statements. Further, any forward-looking statement speaks only as of the date on which such statement is made, and we undertake no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of anticipated or unanticipated events or circumstances. New factors emerge from time to time, and it is not possible for us to predict all of such factors. Further, we cannot assess the impact of each such factor on our results of operations or the extent to which any factor, or combination of factors, may cause actual results to differ materially from those contained in any forward-looking statements. This press release is qualified in its entirety by the cautionary statements and risk factor disclosure contained in our Securities and Exchange Commission filings.
View original content to download multimedia:https://www.prnewswire.com/news-releases/creatds-og-subsidiary-launches-largest-ever-nft-sale-301704432.html
SOURCE Creatd, Inc.
FAQ
What is Creatd's largest-ever NFT drop?
When will Creatd's OG Collection be spun off onto the OTC Market?
What benefits do NFT holders of the OG Gallery receive?
What is the significance of the OG Gallery for Creatd?