Creaton has two strategic investments. Both NuCypher and ZBS Capital commit financial resources to the blockchain’s decentralized alternative to OnlyFans and Patreon. Creaton also secured an ExNetwork contribution in an earlier round.
Creaton seeks to close the gap between creators & their followers. Any artist can generate a stream of income with subscriptions using the non-fungible tokens. This will make the Web3 membership model more efficient and modernize content monetization.
For content creators, membership platforms could be a rewarding option. The current environment is too complex, with many rules, obstacles, and intermediaries. Creaton is a solution to these problems. It uses encryption and decentralization to empower creators and provide direct interaction with followers. Creaton helps to build connections and offers unprecedented revenue stream possibilities that don’t require third-party approval.
With the help of ExNetwork’s strategic funding of $100,000, Creaton can enter the next stage of development. In a previous strategic funding round, Creaton also secured $25,000 from ZBS Capital and $50,000 from NuCypher. These funds will be used for new staff hires and operational expenses to bring this next generation creator-fan interaction to all of the world.
An official from NuCypher discusses the topic of strategic funding
We’ve had a great year working with Creaton, and we have greatly benefited by their feedback. They are one of the most powerful users of threshold cryptography and proxy re-encryption. Their work began at the Web3 and creator economy nexus. We are excited for the future. Creaton’s launch of their mainnet is well-deserved. We’re eager to witness the realization of all they have built over NuCypher/Threshold network.
After a beta test period with smaller creators, Creaton went live in November 2021. The team plans to reach out to influencers in order to increase brand awareness. They will also speak about the advantages of the platform, such as its crypto focus and resistance to censorship. Superfluid is offering the platform’s first ever streamed subscription, with gasless cashflows on-chain.
Sascha is Creaton Business Lead and CoFounder.
After working closely with NuCypher almost a year, we are happy to be one of the private investors in our token sale. It allows us to continue our work in becoming the first protocol substack of fully decentralized web3 native communities and DApps.
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