SHANGHAI, May 10, 2022
/PRNewswire/ -- Readict, an online reading app developed by a
studio invested by CooTek (Cayman) Inc. (NYSE: CTK) ("CooTek" or
the "Company"), has launched its first NFT line and a NFT Mall. A
limited number of cryptos are now available for Readict readers to
purchase. For CooTek, a pan-entertainment ecosystem builder, this
represents a crucial first attempt at building a content metaverse
and driving crypto innovations.
Developed for the global market, Readict has attracted a large
number of readers from around the world. Relying on its diverse
content ecosystem and deep insights into readers' tastes, Readict
has seen its influence on the rise. By releasing a self-branded
NFT, Readict has officially connected the online reading community
with metaverse. This will allow the readers to better interact with
the authors while enjoying a more immersive reading experience.
Readers can access the novel-themed NFT through the in-app
purchase portal. They can also view and purchase other NFTs related
to their favorite novels in the NFT Mall.
The first NFT is inspired by the look of the heroine of one of
the biggest hits on Readict, The Billionarie's Baby. The
novel is now available in paperback on Amazon.
By releasing NFTs for the novels, as well as their characters,
props, and plots, Readict has greatly increased revenue for the
authors while creating a more immersive experience for the readers.
By purchasing the limited collection of Readict NFTs, readers are
also able to invest in crypto assets with growth potential.
For CooTek, one of the key objectives to build a content
metaverse is to facilitate the interoperability among different
content types with NFT. The newly launched NFT is the only the
start of a metaverse project that integrates novels and games.
Users who immerse themselves in the fictional world will further
extend and adopt their beloved avatars, characters and props,
through the NFTs, to the games. For example, by purchasing novel
themed NFTs, users will access certain avatars and props in the
games, or simply trade the NFTs with others.
In the future, CooTek will continue to explore more metaverse
scenarios through Readict. As the creator of the innovative content
ecosystem, the Company will introduce more crypto and metaverse
features, such as Read-to-Earn and Write-to-Earn into online
literature, while promoting a new model of content creation
supported by both the creators and the consumers.
About CooTek (Cayman) Inc.
CooTek is a mobile internet company with a global vision that
offers content-rich mobile applications, focusing on three
categories: online literature, scenario-based content apps and
mobile games. CooTek's mission is to empower everyone to enjoy
relevant content seamlessly. CooTek's user-centric and data-driven
approach has enabled it to release appealing products to capture
mobile internet users' ever-evolving content needs and helps it
rapidly attract targeted users.
For more information on CooTek, please visit
https://ir.cootek.com.
For further information, please contact:
CooTek (Cayman) Inc.
Mr. Jacky Lin
Email: ir@cootek.com
ICA Investor Relations (Asia) Limited
Mr. Kevin Yang
Phone: +86-21-8028-6033
Email: cootek@icaasia.com
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SOURCE CooTek (Cayman) Inc.