FORT LEE, N.J., May 19, 2021 /PRNewswire/ -- Creatd, Inc.
(Nasdaq CM: CRTD) ("Creatd" or the "Company"), the parent company
of Vocal, today announced a new Challenge in collaboration with
Memberful, a membership software company owned by Patreon, the
creator-oriented company valued at $4
billion. Memberful helps individuals and businesses monetize
their passion by providing a decentralized solution for managing
and selling memberships to their fans. The Challenge, launched
today in partnership between Vocal and Memberful, features the
largest grand prize as well as the largest total prize pool ever
offered by the Company to date.
Memberful empowers content creators of all kinds to connect with
their audience and build sustainable, recurring revenue. Through
the Members-Only Challenge, Vocal's creators are prompted to submit
stories highlighting the things that bring them true fulfillment
and propose their own unique ideas for a membership program. For
example, a fitness-oriented creator could propose a membership
program offering exclusive access to a custom workout plan, while a
food influencer might envision a membership program offering weekly
recipes for followers. The Challenge, which offers a $22,500 grand prize, a $7,500 second place prize and a $2,500 third place prize, as well as an annual
subscription to Memberful for all three winners, is designed to
inspire creators to start earning from the things that they are
most passionate about.
Commenting on the thought behind the partnership, Tiffany Perko, Head of Marketing at Memberful,
said, "Memberful and Vocal have the shared mission of helping
creators sustain their passions. All creators should be able to
deeply connect with their audience, and collaborations like the
Members-Only Challenge help make that a reality for both the
Memberful and Vocal communities."
The panel of judges for the Challenge will include creator Musa
Okwonga, founder of Stadio Football, a soccer podcast that
is part of The Ringer Podcast Network.
Mr. Okwonga said of the collaboration, "Platforms such as Vocal
and Memberful are vital; they enable creators like me to build ever
deeper relationships with their supporters and thus give them the
freedom to make the work that they truly want to. I hope that this
Challenge inspires creators to find more ways to support their
greatest passions."
Added Laurie Weisberg, COO of
Creatd, "Just like Vocal, Memberful is designed to support creators
and their passions by creating a way to connect with audiences and
get rewarded for their work. We're so glad to team up with a brand
that is so aligned on our mission to help creative individuals keep
doing what they love."
The Members-Only Challenge is open for submissions through
June 23, 2021 at 11:59 PM EST.
About Creatd
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: ir@creatd.com
About Memberful
Founded in 2013, Memberful provides best-in-class membership
software for independent creators. Through Memberful, creators,
including publishers, educators, podcasters, and more, sell
memberships to their audience and build sustainable businesses. For
more information, visit: https://memberful.com/.
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SOURCE Creatd, Inc.