The Increasing Market of Creator Economy

Mrlonely78
2 min readMay 31, 2021

Sponsored post: Every day, approximately 2 million blogs are published, approximately 300 hours of video are uploaded to YouTube a minute. Not to mention, there is a mind-boggling amount of content created and consumed on Instagram and Reddit. About four years ago, these other sectors had about 1,000 creators. The platform is now up to approximately a million already making it one of the fastest developing platforms. Without these technological sectors and their other parent sectors , these content on-platform would not be as improved as what they have experienced right now. Their mission is to empower creators, entrepreneurs, and brands through technology and partnerships. (1) Try to experience these content on-platform that provides storytelling tools and highly engaged communities for content creators and brands to get discovered and fund their creativity.

After all, some other sectors need to offer some ways to use that content on-platform, or they would just become a promotional hub, where people essentially advertise the content that they are monetizing on other platforms. For that one, there are sectors that have an impressive development during the first quarter. They wouldn’t reach that point without their premium subscribers. By the end of 2021, these other sectors expect to have approximately 30,000 to 35,000 subscribers. By the third quarter, these sectors believe it can reach above approximately 50,000 subscribers. (2) Continue browsing for more ideas on how fast the industry is improving.

Furthermore, people around the world were sharing their content for free on platforms like Instagram and Soundcloud, trying to enhance their audience and earn money. While simple in theory, creators found themselves in a fragmented ecosystem with limited solutions to growing problems. So, these content on-platform set out to build a best-in-class platform to solve those problems. They built something that made it easy for all types of creators to share their stories and their already-published rich media, get discovered through engaged communities, and have the potential to earn money while pursuing their passions. Get yourself to be accretive to the whole digital ecosystem through creating your story, finding your story a home, and fund your creativity! Check the disclaimer on my profile and landing page.

Source 1: https://investors.creatd.com/news-and-events/press-releases/press-releases-details/2021/Creatd-Inc.-Reports-Record-First-Quarter-2021-Financial-Results/default.aspx

Source 2: https://investors.creatd.com/news-and-events/press-releases/press-releases-details/2021/Creatds-Vocal-Platform-Hits-Key-Milestone-of-Over-25000-Paid-Subscribers/default.aspx

--

--

Mrlonely78

Just a guy writing about the Stock Market. I like staying up to date with the news. Check out my disclaimer page https://cutt.ly/IntriguingDetailsHere