NEW YORK, Oct. 25, 2018 (GLOBE NEWSWIRE) -- Digital Asset Monetary Network, Inc. (OTCMKTS: DATI) (“DigitalAMN”), a specialized tech accelerator leveraging its Public Accelerator-Incubator (PAI) model, announced the continued growth of its footprint, as DigitalAMN attends the Crypto Investment Summit, in support of several client- and portfolio- companies who were attending or speaking at the event.
“Due to our acquisitions and strategic investments aimed at growing our ecosystem, there are now 20 companies that are receiving capital and or services in some form or another, leveraging some aspect of DigitalAMN’s PAI model,” said Ajene Watson, CEO of DigitalAMN. “While attending events like the Crypto Investment Summit is ‘par for the course,’ being present to support our growing number of client and portfolio companies attending or speaking, is important to us. Watching our affiliated startups demonstrate varying levels of success amongst their peers and investors, is an absolute pleasure. We continue to look towards growing our footprint by backing more and more companies, who believe in what we are looking to accomplish for them, as well as for the investment community and everyday people ‘at large.’”
DigitalAMN seeks to onboard 60 companies to its PAI model in 2019; all of which will flow through the equity crowdfunding aspects of the PAI ecosystem. Following 2019, management would also anticipate being able to add a minimum of 100 new companies in 2020. Most of these companies are anticipated to roll directly into a Reg. A+ or Security Token Offering (STO) after they complete their Reg. CF offerings.
“We anticipate bringing on a few more companies this year as potential client, or portfolio companies and/or strategic ventures, and believe that quite a few of these startup and development-stage companies could achieve some major milestones by the end of the year,” concluded Watson.
ABOUT Digital Asset Monetary Network, Inc.
Digital Asset Monetary Network, Inc. (OTCMKTS: DATI) is the first company to utilize the Public Accelerator-Incubator (PAI) model, with the intent to follow the global success of accelerators and incubators around the world, adding niche opportunities to both the microcap and startup communities. As a PAI, Digital Asset Monetary Network will develop and acquire innovations that solve problems through digital platforms and other electronic applications.
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