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DigitalAMN's Reg A+ Interest Shows Promise as Blockstack and OrgHarvest Become First SEC Qualified Offerings in Crypto and Cannabis CultivationNEW YORK, Aug. 06, 2019 (GLOBE NEWSWIRE) -- Digital Asset Monetary Network, Inc. or “DigitalAMN” (OTCMKTS: DATI), a Public Accelerator-Incubator (“PAI”), announced today, that DigitalAMN’s interest in TruCrowd Services, LLC., may prove invaluable, as the crypto and cannabis cultivation companies, Blockstack PBC and OrgHarvest, Inc., respectively, make history in becoming the first SEC Qualified Regulation A (Reg. A+) Offerings in their respective markets. “Being the ‘first’ to qualify for Reg A+ offerings in crypto and cannabis is an unforgettable accomplishment,” stated Ajene Watson, CEO of DigitalAMN. “It’s thrilling to see, that to a larger degree at least, what the SEC appears to have done – we believe – is, improved the environment for both decentralized applications and cannabis companies that ‘touch the plant’, by setting achievable standards for these industries to access the capital markets. For our ‘crowd support’ marketing services firm, which partly focuses on marketing Reg. A+ endeavors, this is essentially a ‘thumbs up’ for DigitalAMN to aggressively support crypto and cannabis offerings. Particularly, as TruCrowd Services may most often leverage those types of crowdfunding portals that are more specific to blockchain/cryptocurrency and cannabis.” Blockstack - #CantBeEvil As noted in the BlockStack announcement, “It is a truly groundbreaking day for decentralized technology and by extension, fundamental digital rights. By building technology that 'can’t be evil' by design; trusting centralized organizations to make the right choice is replaced by mathematical proofs.” Under Reg A+, Blockstack will conduct a $28 Million offering. OrgHarvest – #ADopeDeal Under Reg A+, Tier 1, OrgHarvest will conduct a $2.5 million offering as the initial round of an anticipated $20M raise. Crypto and cannabis related offerings such as Blockstack and OrgHarvest, are the type of ventures that DigitalAMN ultimately looks to make available to DATI shareholders through its equity portfolio. DigitalAMN management also looks to leverage Titles III and IV of the JOBS Act, to make these types of investment opportunities available to everyday people; listing similar types of ventures on industry focused funding portals like CryptoLaunch and Fundanna – both verticals of the TruCrowd, Inc. ‘Family of Funding Portals’. While BlockStack is not a DigitalAMN client, OrgHarvest currently is (see: DigitalAMN’s Information. Disclosure. Disclaimer.). OrgHarvest, a publicly traded company, has listed its Reg. A+ on Fundanna.com through TruCrowd Services, LLC. And, where other blockchain and crypto companies continue to qualify for Reg. A+, DigitalAMN will aim to work with those types of ventures the caliber of BlockStack, to facilitate token based Reg. A+ offerings on blockchain and crypto focused funding portals. ABOUT Digital Asset Monetary Network, Inc. Twitter: https://twitter.com/OTC_DATI For investor and general information, please email [email protected] Client-Company Forward Looking Statements Contact: |