Neverthink is Back

Rhea-AI Summary

Live Current Media (OTCQB:LIVC) has re-launched its popular video platform Neverthink after a two-year hiatus. Originally discontinued in 2021, Neverthink garnered over 700 million views at its peak and provided a space for 85,000 independent creators. The platform aims to enhance user engagement by integrating its channels into the Kast watch party platform. CEO Mark Ollila expressed optimism about expanding the creator community and improving content offerings, emphasizing that strong content drives engagement and transactions. The initiative is set to enhance the company’s overall value proposition in a competitive market.

Positive

• Re-launch of Neverthink could attract millions of users back to the platform.
• Integration with Kast may create a more engaging user experience.
• Opportunity for 85,000 independent creators to regain a platform for their content.
• Potential to increase overall company value proposition in a competitive market.

Negative

• None.

The popular short form video platform returns to screens around the world.

SAN DIEGO, CA / ACCESSWIRE / February 1, 2023 / Live Current Media, Inc. ("Live Current" or the "Company") (OTCQB:LIVC) today announces that it has re-launched Neverthink by popular demand. The once immensely successful meme-based video platform with over 700 million views at its peak, turned off its streaming channels in 2021 before being acquired by Live Current, which operates Kast, the world's dominant watch party platform. Known around the world for its fun and engaging meme-based channels, Neverthink served 85,000 independent creators looking to share their original content with 15 million fans.

"We are excited to turn the Neverthink channels back on for millions of loyal fans and our independent creators who have been waiting patiently to get back into the game to independently curate content on our platform by us for us," said Mark Ollila, CEO of Live Current. "Integrating these new channels into our Kast watch party platform will expand our community globally while creating a new experience for our community looking for this excellent content. It's a competitive market out there, but we believe that good content leads to engagement and that leads to transactions. By bringing back Neverthink, we are delivering on this promise."

Offering a balanced mix of AI generated content creation supported and enhanced by our fully independent creators will expand the genre of short form content, making it more compelling and interesting for all viewers and independent creators, while offering the daily Kast watch party audience a broader spectrum of programming options and increasing the Company's overall value proposition.

About Live Current Media Inc.

Live Current Media Inc. has created an integrated "Exosystem" to power the independent creator. We acquire and integrate technologies that automate key processes in content and community creation, bringing together innovative businesses and technologies to provide an end-to-end resource for the hundreds of millions of creators who do not have a meaningful piece of the creator economy. Today, the Live Current Media Platform features a growing set of creative tools and community building technologies that power Video community creation, AR/VR discovery, social media amplification, personal and business brand management and sponsorship and alternative revenue creation for the global creative community. Live Current Business Solutions provide community and experiential solutions for businesses who want to become more creative in the way they reach their customers and constituents. The Live Current Exosystem helps creators manage the four key pillars of independent creativity: Creation, Amplification, Participation and Monetization. For more information, www.livecurrent.com.

On behalf of the board of directors of Live Current Media Inc.

Mark Ollila, CEO & Director

For more information please contact:

David Jeffs
david@livecurrent.com
www.livecurrent.com
www.kast.gg/

All statements in this press release that are not statements of historical fact are forward-looking statements, including any projections of growth, earnings, revenue, cash or other financial items, any statements of the plans, strategies, objectives and goals of management for future operations, any statements regarding future economic conditions or performance, statements of belief and any statements of assumptions underlying any of the foregoing. These statements are based on expectations and assumptions as of the date of this press release and are subject to numerous risks and uncertainties, which could cause actual results to differ materially from those described in the forward-looking statements. These risks and uncertainties include, but are not limited to, general economic conditions particularly as they relate to demand for our products and services; competitive factors; changes in operating expenses; our ability to raise capital as and when we need it and other factors. Live Current Media, Inc. assumes no obligation to update these forward-looking statements to reflect future events or actual outcomes and does not intend to do so.

SOURCE: Live Current Media Inc.

View source version on accesswire.com:
https://www.accesswire.com/737640/Neverthink-is-Back

FAQ

What is the recent news about Live Current Media (LIVC)?

Live Current Media has re-launched its video platform Neverthink, which was previously inactive since 2021.

What significant features does Neverthink provide now?

Neverthink offers a mix of AI-generated content and original content from independent creators.

How many independent creators does Neverthink support?

Neverthink supports 85,000 independent creators.

What impact does the re-launch of Neverthink have on Live Current Media's business?

The re-launch may enhance user engagement and expand the company's value proposition in the competitive video platform market.

When was Neverthink originally discontinued?

Neverthink was discontinued in 2021 before being acquired by Live Current Media.