NEW YORK, Oct. 1, 2021 /PRNewswire/ -- Creatd, Inc. (Nasdaq
CM: CRTD) ("Creatd" or the "Company"), today announced the results
of its first NFT (non-fungible token) art auction. As part of its
first NFT art drop, the Company introduced a selection of six NFTs
featuring Penthouse Pet and model Billie
Deane (the pseudonym of actress Gillian Duxbury) from the Company's OG
Collection. The OG Collection is a library of over 150,000
photographs, illustrations, videos, and other media content
originating from the archives of Bob
Guccione, once the CEO of General Media and owner of
publications including Penthouse, Viva, OMNI,
and Longevity.
Creatd co-CEO Jeremy Frommer
commented, "Of the six NFTs sold, I purchased one of them. Together
with the five other winning bidders, I am excited to be among the
very first holders of NFT artwork from the iconic OG Collection.
Creatd's first NFT drop marked a successful step in our analysis of
the NFT market and the complexities of building a successful
marketplace platform. For more on our next drop I encourage you to
visit the article I published today."
The auction opened on September
22nd and ended Thursday night, September 30th; all six NFTs were sold at a
winning bid price of $0.34 wETH, or
approximately $1,000 USD per
piece.
The Company has also announced that the proceeds from its first
NFT drop will be allocated toward a dedicated creator fund,
intended for the specific purpose of affording creators the
opportunity to turn their own digital creations into works of NFT
art.
About Creatd
Creatd, Inc. (Nasdaq CM: CRTD) is a creator-first technology
holding company and the parent company of the Vocal platform. Our
mission is to empower creators, entrepreneurs, and brands through
technology and partnership.
For news and updates, subscribe to Creatd's newsletter:
https://creatd.com/newsletter
Investor Relations Contact: ir@creatd.com
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SOURCE Creatd, Inc.