Creatd's Vocal Platform Hits Key Milestone of Over 25,000 Paid Subscribers

- The Vocal platform has grown its premium subscribers to over 25K since the launch of Vocal+ in Q1 2020.

- The Company reaffirms its expectation to reach over 100,000 Vocal+ subscribers by year-end 2021.

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May 17, 2021, 09:25 ET

FORT LEE, N.J., May 17, 2021 /PRNewswire/ -- Creatd, Inc. (Nasdaq CM: CRTD) ("Creatd" or the "Company"), the parent company of Vocal, today announced that its premium membership program, Vocal+, has surpassed 25,000 subscribers. Commented Creatd CEO Jeremy Frommer, "In less than a year-and-a-half since we first rolled out Vocal+, over 25,000 creators have opted to upgrade to a premium membership. We're seeing creators increasingly recognize Vocal as their home base, an all-in-one solution to their content needs."

Continued Frommer, "With our current slate of upcoming Vocal Challenges, an initiative that has proven to accelerate the adoption of Vocal+ subscriptions, we can conservatively estimate reaching between 30,000 and 35,000 subscribers by the end of second quarter 2021. Our goal for the third quarter 2021 is to break 50,000 subscribers at a minimum, to as many as 65,000 subscribers at the high end of our expectations. At that point, as our brand relationships continue to expand and our costs of subscriber acquisition continue to decrease, we will be well within grasp of achieving 100,000 Vocal+ subscribers by year end 2021."

About Creatd, Inc.

Creatd, Inc. (Nasdaq CM: CRTD) is a creator-first technology company and the parent company of the Vocal platform. Our mission is to empower creators, entrepreneurs, and brands through technology and partnership. We accomplish this through Creatd's three main business pillars: Vocal Ventures, Creatd Partners, and Recreatd.

For news and updates, subscribe to Creatd's newsletter: https://creatd.com/newsletter

Investor Relations Contact: [email protected]

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SOURCE Creatd, Inc.