US-based international leader in developing and manufacturing of electronics, distributed software as well as telecommunications hardware and services, Hop-on (OTCMKTS:HPNN) announced on July 26, 2021 that its Digitalage decentralized social media, content protection, and digital rights management platform will be entering into public beta testing. Hop-on confirmed being on schedule for launching it Fall of 2021.
Founder and CEO Peter Michaels said that the company is focused on journalism and entertainment categories, facilitating to curb piracy and create new revenue streams. Michaels added that its platform is empowering networks, studios, influencers, music labels, content protection as well as monetization technologies.
Speaking on its funding plans, the CEO said that it is negotiating up to $50,000,000 with a short-listed selection of investment groups, which will help company retain and allure skilled engineers.
Digitalage’s mobile app experience has augmented reality filters, titling, effects, video, audio effects as well as integrating popular music from myriad artists. The app’s utility to influencers makes it unique as they can express style with established followers.
Innovative content production technologies for video and image are underway for launch. Coupled with its extensive digital rights management platform including revenue generation, escrow, marketplace and payments features, Digitalage will provide a convenient framework allowingcontent creators, studios, publishers as well as general public to invisibly watermark visual content. These features are unique in the industry contributing to level playing and also augmenting capabilities, automation and process optimization for enabling new trillion-dollar media economy.
Market Reaction:
On Monday, HPNN stock ended flat at $0.0033 with more than 115.51 million shares, compared to its average volume of 50.05 million shares. The stock has moved within a range of $0.0028 – 0.0038 after opening the trade at $0.0033. Over the past 52-week, the stock has been trading within a range of $0.0000 – 0.0150.