Creatd's Vocal Platform Year In Review Explores How its Creators Thrived in 2020

Rhea-AI Summary

Creatd (Nasdaq CM: CRTD) has released its 2020 Year in Review, showcasing how its Vocal platform supported creators during a challenging year. Over 120,000 stories were submitted, with creators earning more than $400,000, including $195,000 through competitive Challenges. CEO Jeremy Frommer emphasized that the company's success is linked to the success of its creators. Vocal also raised awareness on key global issues. The report highlights the platform's impact on storytelling and creator engagement amid significant global challenges.

Positive

• Creators submitted over 120,000 stories on the Vocal platform.
• Paid over $400,000 to creators, with $195,000 earned through challenges.
• Emphasis on creator success correlating to company success.

Negative

• None.

FORT LEE, N.J., Dec. 23, 2020 /PRNewswire/ -- Creatd, Inc. (Nasdaq CM: CRTD) ("Creatd" or the "Company"), the parent company of Vocal, today released its 2020 Year in Review. It highlights the many ways in which Vocal helped the creative community survive and thrive this past year. Creators from around the world turned to Vocal as an outlet to share stories that matter.

Vocal provided a platform for creators to submit over 120,000 stories to an audience who spends on average over four minutes consuming each of their stories. Creators were paid over $400,000 this year, including $195,000 through Challenges, a way for creators to compete to win cash prizes and more.

Please view the full Year in Review here: https://2020.vocal.media

"We all know intuitively that creativity thrives even in the most challenging circumstances, and as such, the Vocal platform had a profound and positive impact on creators' lives during a year when they needed it most," says Jessica Wharton, Head of Creator Experience for Vocal. "As the world turned upside down for all of us, we saw firsthand how our creators turned to storytelling on Vocal as a means of self-expression and healing."

Vocal Challenges helped raise awareness this year for important global issues including climate change, global food shortages, and other socioeconomic issues. Vocal's 2020 Year in Review spotlights the creators, stories, and a myriad of positive interactions that powered the platform this year.

"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."

About Creatd

Creatd, Inc. (Nasdaq CM: CRTD) empowers creators, brands, and entrepreneurs through technology and partnership. Its flagship technology, Vocal, is a best-in-class creator platform. For more information:

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 were the key highlights in Creatd's 2020 Year in Review?

Key highlights include over 120,000 stories submitted, $400,000 paid to creators, and a strong focus on global issues.

How much did creators earn through Vocal Challenges in 2020?

Creators earned $195,000 through Vocal Challenges in 2020.

What is the impact of the Vocal platform according to Creatd's CEO?

The CEO stated that the success of the company is directly tied to the success of its creators.

What issues did Vocal's platform raise awareness for in 2020?

Vocal raised awareness for global issues like climate change and food shortages.

What is the stock symbol for Creatd, Inc.?

The stock symbol for Creatd, Inc. is CRTD.