Hop-On Inc Stock Price, News & Analysis

Hop-on, Inc. (OTC PINK:HPNN) has launched a closed beta for Digitalage, a decentralized social media platform aimed at enhancing user autonomy and countering misinformation. Currently onboarding influencers, Digitalage emphasizes user control with advanced deep learning algorithms to filter content based on individual preferences. Key features include resilient mesh networking for communication without centralized servers and options to bypass regional filters for certain users. With its focus on data protection and free speech, Digitalage seeks to revolutionize digital communication and set new standards in social media.

Hop-on, Inc. (OTC: HPNN) has successfully secured $26 million in bond financing to enhance its decentralized social media platform, Digitalage. The financing, available in Q1 2023, releases an earlier $5 million mezzanine round for immediate platform development. Digitalage prioritizes user data control and security, aiming to disrupt the social media landscape. This funding will support technology advancement, team expansion, and marketing initiatives, critical for achieving the company's vision of a user-centric platform.

Hop-on, Inc. (OTC: HPNN) announces the appointment of Mike Johns as President of Business Development for Digitalage, its Web3 social media platform. This initiative aims to revolutionize social media using Cardano blockchain technology and OOVE™ tools for digital rights management. Johns has a notable background negotiating with major companies like ESPN and Microsoft. The firm is set to launch a focus group at PulseCon, targeting NFT integration and user engagement strategies. Digitalage's mission focuses on empowering creators and ensuring content security.

Hop-on, Inc. (OTC: HPNN) has announced the launch of its DRM technology, OOVE™, developed by Digitalage. This innovative solution offers advanced content protection and monetization features for publishers and studios, including indelible watermarking supported by blockchain. OOVE™ aims to empower the music and entertainment industry by combating piracy and creating new revenue streams. The technology facilitates automated rights agreements and aims to provide significant revenue without administrative burdens, enhancing the creator economy as Digitalage prepares to unveil a Web3 social media platform.

Hop-on, Inc. (HPNN) attended VidCon US 2022, attracting over 70,000 attendees. The event showcased Digitalage and its #influencethefuture campaign, emphasizing creators owning their content. CEO Peter Michaels highlighted the disparity in creator compensation, emphasizing the need for a system that benefits content creators. Key outcomes included forming relationships with influencers, gathering audience insights, and showcasing Digitalage demos. As part of its mission to revolutionize the creator economy, Digitalage aims to implement decentralized technology for better content rights management and fair monetization.