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$DATI Expands Capital Acceleration Initiative for Startups

https://finance.yahoo.com/news/digital-arts-media-network-inc-133000293.html

Digital Arts Media Network, a specialized tech accelerator leveraging the Public Accelerator-Incubator (PAI) model, announced the Company is expanding its capital acceleration programs for those startups leveraging blockchain technology and cryptocurrency platforms.

“Our first Angels+ startup company is accelerating its funding through a proper ICO financing,” stated Ajene Watson, Chairman and CEO of Digital Arts Media Network, Inc. “We intend to duplicate this model with each qualifying startup or development stage company joining our accelerated programs.”

Digital Arts Media Network, Inc. is working with its board advisor Robert Menendez, who is also the CFO and co-founder of Vezt, Inc.; along with a team of specialized cryptocurrency investors and industry consultants, to develop initiatives that help startups navigate the ICO process (pre-, during, and post). Concurrent with the Company’s Angels+ accelerator program, the focus of the initiative is to create a primary environment that offers angel and early-stage private investors faster access to liquidity. This type of environment [early liquidity] certainly “engenders lots of investment interest and hastens capital formation [we’ve found],” continued Watson.

“The speed at which our first Angels+ startup was able to raise money privately (pre-ICO) vs. the time it could have taken following the traditional fundraising model, was incredibly fast. We will replicate this – with improvements – to assist our accelerated startups with their overall development objectives.”