Creatd launches Reg CF offering for Vocal subsidiary; targets $5M raise

Creatd, Inc.

CEO Jeremy Frommer announced Regulation CF crowdfunding for Vocal, a social publishing subsidiary.
Friends and family round runs until Sept 13, 2023; plans to expand to broader investors after.
CEO values Vocal intrinsic worth at $60-100M, comparing to Medium and Substack.
Creatd aims to spin off subsidiaries, clear $5M debt from balance sheet via this strategy.
Vocal has over 2 million creators and reaches ~200 million audience, per CEO.

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