DIGITAL ASST MONTARY NTWK - DATI STOCK NEWS

Digital Asset Monetary Network, Inc. (DigitalAMN) seeks to raise $7.5 million from accredited investors through a $0.35 or greater convertible Preferred CC Stock offering. The funds will be used to accelerate the PAI® Program, invest in ventures like Dot Hip Hop, LLC., complete acquisitions, develop internal IP, and launch a marketing campaign. The Offering consists of 173,000 Shares priced at $50 each, with a potential maximum gross proceeds of $8.65M. The Offering has an 8% annual coupon rate, 2x voting coverage, and Cash Warrants with a per share exercise price of $2.00. The Company has raised over $3.2M to date and currently has 21 million shares Issued and Outstanding with a year-over-year dilution rate of less than 6% annually.

Digital Asset Monetary Network (OTC PINK:DATI) announced its engagement with Melos Venture Limited to enhance Melos Studio's presence in the U.S. market. Melos Studio, a decentralized music platform, aims to facilitate NFT drops featuring artists like Method Man and Cappadonna. With over 1M users, Melos operates on multiple blockchains, offering creators tools for unique collaborations. Despite current crypto market volatility, CEO Ajene Watson expressed optimism about the growing potential of Web 3.0 and NFTs in establishing generational wealth.

Digital Asset Monetary Network (OTC PINK:DATI) has reintroduced the .HipHop Generic Top Level Domain (gTLD) in partnership with Dot Hip Hop, LLC. This venture aims to make the .HipHop extension available to the global domain market and the Hip Hop community. The initiative includes reducing the wholesale registration price by 80% and focusing marketing efforts on engaging key community stakeholders. The team is leveraging the upcoming 50th Anniversary of Hip Hop and aims to foster opportunities in digital assets and Web 3.0. This reintroduction reflects a mission of cultural representation and wealth creation.

Domain name experts Monte Cahn, Jeff Neuman, and Scott Pruitt have collaborated with Digital Asset Monetary Network, Inc. (OTC-PINK:DATI) to reintroduce the generic Top-Level Domain .HipHop. The initiative aims to reduce wholesale prices by 80% and implement a marketing strategy targeting end-users, including artists and creative professionals. Following its initial launch in 2014, the .HipHop domain saw limited adoption due to high prices and a lack of marketing. With hip-hop's cultural relevance soaring, the team anticipates significant growth and broader accessibility for the domain.

Digital Asset Monetary Network (OTCMKTS: DATI) announced a significant reduction of its convertible debt by approximately 45%, equating to $387,000. This reduction represents a total debt decline of around 20%, leaving the company with $1.6 million in total debt, of which $483,933 is convertible. The CEO emphasized the company's commitment to raising non-toxic capital to support long-term growth, stating that insiders hold a considerable portion of the remaining debt. This strategic move supports the company’s goal of enhancing shareholder confidence.

Digital Asset Monetary Network (OTCMKTS: DATI) announced the publication of two trademarks—‘PAI’ and ‘Angels+’—currently pending final registration with the USPTO. This move is crucial for protecting the company's Services As A Product (SAAP) offerings. CEO Ajene Watson emphasized the significance of these trademarks in enhancing the company's value within the financial and blockchain technology sectors. As DigitalAMN prepares to onboard businesses into its ecosystem, this trademarking effort supports its commitment to expand and safeguard its services moving forward.

Digital Asset Monetary Network (OTCMKTS: DATI) announced a partnership to develop the .hiphop top-level domain through Dot Hip Hop, LLC. This initiative is led by domain industry veterans Monte Cahn and Jeff Neuman, aiming to support the expanding Hip Hop culture by offering digital assets, products, and services. The venture intends to create a unique digital space for communities engaged in the Hip Hop industry, enhancing their digital presence. Cahn and Neuman bring over 50 years of combined industry experience, which is expected to contribute to the project's success.

Digital Asset Monetary Network (DATI) has acquired the rights to the .hiphop Top-Level-Domain (TLD) through a partnership with experienced domain industry experts. The acquisition aims to promote equity and opportunities within hip hop culture.

The transfer requires approval from the Internet Corporation for Assigned Names and Numbers (ICANN), which is ongoing. CEO Ajene Watson expressed confidence in the acquisition's potential to enhance financial literacy and economic opportunities aligned with the company’s mission.

Digital Asset Monetary Network (OTCMKTS: DATI) reported significant financial improvements in its recent 3rd quarter disclosures. The company achieved a 180% increase in revenues, totaling $224,301 compared to $110,000 in 2020. Losses from operations decreased by 67% to $274,566, and overall net losses were reduced by 44% to $518,221. Additionally, total assets grew by 14% to $1,989,567. The company also eliminated $673,762 in convertible debts during the nine months ending September 30, 2021. DigitalAMN is actively pursuing opportunities in the DNS ecosystem and blockchain markets.