Digitalage Set to Disrupt $550 Billion News and Social Media Markets With Accelerated Platform Launch and Strategic Addition of Industry Leader Jeff Lerner to Advisory Board

Rhea-AI Summary

Hop-on's subsidiary Digitalage announces accelerated launch of its social media platform and appointment of Jeff Lerner to its Advisory Board. The company aims to disrupt the combined $550 billion news and social media markets with innovative features including mutual benefit algorithms, real-time content analysis, and multi-party payouts. Lerner brings extensive experience, having secured over $390 million in venture capital and generated more than $500 million in revenue throughout his career at companies like Google, Cricket Wireless/AT&T, and Flock Freight. The platform targets untapped opportunities in hyper-local news and social media, offering features like content classification, bias countermeasures, and identity verification.

Positive

• Platform targets combined market opportunity of $550 billion
• Strategic addition of experienced executive Jeff Lerner with proven track record
• Immediate revenue potential through multi-party payout system
• Innovative technology features addressing current market gaps

Negative

• Pre-revenue stage with no current market share
• Entering highly competitive market against established players
• No specific timeline provided for platform launch

Company Targets Unmet Needs in Hyper-Local News and Social Media, Aiming to Capture Significant Market Share

TEMECULA, CA / ACCESSWIRE / November 15, 2024 / Hop-on, Inc. (OTC PINK:HPNN), a leading U.S.-based company specializing in electronics, distributed software, and telecommunications hardware and services, today announced that its subsidiary Digitalage is fast-tracking the launch of its groundbreaking social media platform. In a bold move set to shake up the industry, Digitalage is also welcoming Jeff Lerner, a seasoned executive with a stellar track record, to its Advisory Board.

Meet Jeff Lerner: A Catalyst for Exponential Growth

Jeff Lerner's appointment to the Advisory Board is a strategic move that signals Digitalage's serious intent to dominate the market.

Highlights of Jeff Lerner's Accomplishments:

• Early Google Executive: Pioneered the Inside Sales Team for Latin America, contributing to Google's global expansion.

• Revenue Accelerator: At Prime Visibility/WPromote, revenue increased significantly and a lucrative acquisition was facilitated.

• Innovator at Cricket Wireless/AT&T: Restructured digital media strategies, reducing acquisition costs by 71% and earning the "Annual Award of Excellence."

• Visionary Leader at Flock Freight: Grew the sales pipeline by over 600%, secured substantial venture capital, and earned the CNBC Disruptor 50 award.

• Entrepreneurial Success: Founder and CEO of Misnomer.co, leading global clients to new heights through his Fractional CMO practice.

• Impressive Track Record: Over $390 million secured in venture capital, three successful acquisitions totaling nearly $2 billion, and more than $500 million in revenue generated.

• Community Leader: Serves on the Board of Directors for a local youth organization, underscoring his commitment to social responsibility.

Jeff Lerner stated:

"Joining Digitalage is an opportunity to be part of something truly transformative. The platform's vision aligns perfectly with the current demands of the market. I am excited to contribute my experience to accelerate growth and create significant value for investors, users, and content creators alike."

Peter Michaels, CEO of Hop-on and Digitalage, commented:

"We are on the cusp of a paradigm shift in how news and social media intersect. By bringing on top-tier talent like Jeff Lerner, we're not just joining the conversation-we're leading it. Digitalage is uniquely positioned to fill the void left by failing legacy media and to redefine user engagement in a market worth over $550 billion."

For anything to stand the test of time, it must evolve. Welcome to the evolution.

Capturing a Slice of a $550 Billion Market

The convergence of the news industry, valued at approximately $152 billion, and the social, entertainment, and communications sectors, expected to exceed $400 billion, presents an unprecedented opportunity. Digitalage aims to disrupt these markets by addressing the glaring gaps in hyper-local and timely news reporting and delivering content across all formats in a way that has yet to be done.

Why Now:

• Untapped Market Potential: Digitalage is targeting a massive, underserved segment in the media landscape.

• Innovative Technology: The platform's advanced features are set to outpace competitors, offering a unique value proposition.

• Strategic Leadership: Adding Jeff Lerner brings invaluable expertise and credibility, enhancing investor confidence.

• Revenue Growth Opportunities: With multi-party payouts available from day one, the monetization strategy is robust and immediate.

• Market Timing: As consumers increasingly demand personalized, trustworthy content, Digitalage is launching at the perfect moment to capitalize on this shift.

Revolutionary Platform Features

Digitalage is not just another social media platform; it's a comprehensive ecosystem designed to empower users and creators alike. Key features include:

• Mutual Benefit Algorithms: Eliminating artificial virality to ensure authentic content reaches the right audience.

• Deep Content Analysis with Real-Time Insights: Equipping creators with actionable data to optimize engagement and performance.

• Brand- and Family-Safe Content Classification: Building trust with users and advertisers through automatic content suitability assessments.

• Bias and Echo Chamber Countermeasures: Promoting diversity of thought by intelligently curating content.

• Immediate Multi-Party Payouts: Streamlining revenue sharing to incentivize quality content creation.

• Trusted Age and Identity Verification: Enhancing platform integrity and user safety.

• Transparent User Personas: Allowing granular control over digital identities and community interactions.

Digitalage is not just entering the market; it's redefining it. The company is poised for explosive growth with a strategic vision, innovative technology, and a leadership team unmatched in experience and expertise.

Peter Michaels emphasized:

"The public looking for the next big opportunity should keep a close eye on Digitalage. Our platform addresses critical gaps in the market with innovative and scalable solutions. With Jeff on board, we're confident we're assembling the best team to execute our ambitious plans and deliver exceptional returns."

About Hop-on

Hop-on, Inc. (OTC PINK:HPNN) is a US-based international leader in the development and manufacture of electronics, distributed software, and telecommunications hardware and services, capitalizing on its secured essential license agreements for mobile and computing technologies. Since 1993, the Company has a proven record of innovation and market development. From developing the world's first CDMA disposable cell phone to the upcoming Digitalage decentralized social media platform promoting data portability and free speech and engineering essential tools for content protection and royalty management across social platforms and devices, the Company works closely with inventors and patent holders to bring the latest technologies to demanding markets.

www.hop-on.com
www.twitter.com/hpnn

Peter Michaels, CEO
contact@hop-on.com
+1-949-756-9008

About Digitalage:

The mission behind Digitalage is to lead the social media industry through combatting content piracy and empower publishers, influencers, and contributors. Digitalage is revolutionizing the creator economy and will empower users to connect, upload and share content, while compensating rights holders through utilizing decentralized Web3 blockchain technologies.

www.digitalage.com
https://www.digitalage.com/videos.html
https://www.digitalage.com/demos.html
https://www.linkedin.com/company/digitalage-inc
https://www.instagram.com/godigitalage/
https://twitter.com/go_digitalage
https://www.tiktok.com/@digitalageinc

Forward-Looking Statements: https://www.hop-on.com/forward-looking-statements

Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933, and are subject to Rule 3B-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and other results and further events could differ materially from those anticipated in such statements. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements.

Contact Information

Peter Michaels Michaels
CEO
peter@hop-on.com
951-972-9455

SOURCE: Digitalage, Inc.

View the original press release on accesswire.com

FAQ

What is Digitalage's target market size according to HPNN's announcement?

Digitalage is targeting a combined market of $550 billion, consisting of the news industry ($152 billion) and social, entertainment, and communications sectors (expected to exceed $400 billion).

Who is the new Advisory Board member announced by HPNN for Digitalage?

Jeff Lerner, a former Google executive who has secured over $390 million in venture capital and generated more than $500 million in revenue throughout his career.

What are the key features of Digitalage's platform announced by HPNN?

Key features include mutual benefit algorithms, deep content analysis, brand-safe content classification, bias countermeasures, multi-party payouts, and trusted age and identity verification.