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Creatd (OTCQB: CRTD): OG Collection Subsidiary Launches Largest NFT Sale Ahead of Anticipated Spin-Off in Q1 2023

by admin

December 15, 2022

in Cryptocurrency, Technology

Creatd OTCQB CRTD OG Collection NFT Sale Spotlight Growth

Creatd, Inc. (OTCQB: CRTD) is a company supporting the creator economy by providing economic opportunities for creators and brands. Shares of the creator economy company shot up 58% during trading on Thursday, December 15, 2022. Over the past thirty days, Creatd has seen average daily volume of 1.77 million shares. However, volume of 2.18 million shares or dollar volume of around $1.54 million, exchanged hands during the day’s trading session.

Shares of Creatd soared after the company announced that its OG Collection, Inc. subsidiary has officially launched an ambitious NFT sale after providing a preview of the collection last week. The NFT sale marks the largest such sale to date, as Creatd anticipates to spin-off its OG Collection subsidiary into a separately-trading entity on the OTC Markets.

The OG Collection’s gallery uses blockchain technology to help increase access to fine art collectibles and by bringing rare artifacts closer to main street. In addition, Creatd has expanded its NFT strategy recently to include a membership program for holders OG Gallery’s digital assets. Members will have exclusive benefits and perks, such as the opportunity to purchase a framed fine art print of your one-of-a-kind NFT, early participation in future NFT drops, OG Gallery member merchandise and VIP access to the OG Gallery in Decentraland.

Chairman and CEO, Jeremy Frommer, “During this period of ongoing reorganization to accelerate the monetization of Creatd’s core assets, we remain committed to our responsibility to stay at the tip of the spear when it comes to technology. The NFT space is a new frontier with myriad potential opportunities. As we have announced previously, we are working to pursue the dual listing of Creatd on Upstream, the blockchain-powered securities exchange platform. Our OG Collection subsidiary is similarly pursuing the discovery of future opportunities inherent in NFTs and Web 3.0, and as such our company is even more equipped to help creators curate and distribute their work, grow their audience, and monetize their passions.”

To view the collection and purchase an OG Gallery NFT, visit: https://www.og.gallery/og-archive.

Disclosure: No position. Spotlight Growth has no relationships with any of the companies mentioned in this article and did not receive payment in any form for its creation. This is an opinion article and is not meant to be financial advise. We are not broker-dealers or investment professionals. Please conduct your own due diligence. For more information on our disclosures, please visit: https://spotlightgrowth.com/disclosures/