ORLANDO, Fla., July 06, 2020 (GLOBE NEWSWIRE) -- During the past few months, businesses have been forced to adapt like never before. Survival, it seems, will be based on how agile a company will be and how they navigate truly epic times. And like the tech stocks enjoying tremendous interest in this strange new world, Digital Asset Monetary Network, Inc. (OTCMKTS: DATI) finds itself amid opportunity in a world of uncertainty.
Like tech lords Amazon and Netflix which have found themselves buoyed by the economic sea change, Digital Asset Monetary Network was already doing business in a lane that was blown wide open by the recent economic tumult. Whether it’s for the lucky or the bold, sometimes the earth moves favorably under your feet.
As reported previously, a subsidiary of Digital Asset Monetary Network has developed a ‘Keep The Light On” program specifically to help its small and micro business clients navigate financial challenges through equity crowdfunding. Through the owner/operator of a top ten rated equity crowdfunding portal, of which Digital Asset Monetary Network also owns an equity stake in, the Company has been involved in the business for some time. However, two recent positive regulatory actions could expansively broaden the field of potential customers and the way that Digital Asset Monetary Network can help both their clients and the companies in their equity portfolio.
A recent article in TechCrunch points to the opportunity for Digital Asset Monetary Network and its clients:
The SEC said that it will lift restrictions related to reporting requirements and accelerate the approval of crowdfunding listings so that main street businesses and small startups can try to raise funds from speculative investors who may have cash on hand.”
Second, there was a significant increase proposed to the Regulation Crowdfunding (Reg. CF) funding cap, from $1.07M to $5M, in addition to other beneficial adjustments. A recent article in Crowdfund Insider supports an aspect of Digital Asset Monetary Network’s core business model, which is, similar to SEC Chairman Jay Clayton’s statement, [to assist] “Emerging companies, from early-stage start-ups seeking seed capital to companies that are on a path to become a public reporting company, use the exempt offering rules to access critical capital needed to create jobs and scale their businesses.”
Perhaps as with Amazon and Netflix, Digital Asset Monetary Network will make the most of simply being in the right place at the right time.
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About Digital Asset Monetary Network
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.
To learn more about DigitalAMN, visit their site at https://digitalamn.com/
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