Digitalage Welcomes New Seasoned Fractional CFO as Part of Strategic Expansion

TEMECULA, CA / ACCESSWIRE / July 28, 2023 / Digitalage, Inc., a leading innovator in the decentralized social media and content distribution sector and a subsidiary of Hop-on, Inc. (OTC:HPNN), is pleased to announce the appointment of a new fractional CFO, known for his stellar track record in private equity, fundraising, strategic planning, and mergers & acquisitions. The new CFO's identity remains confidential, pending a potential full-time contract following the next round of funding.

Despite the previously announced mezzanine round of financing not proceeding as anticipated, the team is in the midst of still orchestrating bond financing and other opportunities with our new CFO, while making significant strides towards ambitious goals. This shift in strategy reflects the organization's adaptability and resilience as it continues to strengthen its financial position.

Helping the Music and Entertainment Industry

Digitalage will focus its OOVE™ capabilities on the music and entertainment industry, enabling musicians and filmmakers to fight against piracy and create new revenue streams.

Peter Michaels, CEO, says, "We want to help studios, networks, and streamers empower themselves through OOVE's Digital Rights Marketplace that will pay residual revenues for new and old content. We are reducing the transactional friction between the audience and the creator, fostering new economies beyond the traditional monetization models."

"We're not just developing a platform; we're cultivating an ecosystem," comments Peter Michaels, the current CEO. "Our core belief revolves around personal ownership of data, transparency, child safety, and mental health protection. Decentralized Web3 technologies are the engines driving these radical changes." The company actively fights against child sexual abuse material (CSAM) through deep content analysis capabilities built into its core functionality.

The journey from launching the alpha platform in mid-2021 to the present day has seen the Company demonstrate numerous innovative features and capabilities. Despite the challenges, Digitalage, Inc. has made significant strides toward transforming consumer and business engagement with social media and content distribution. Key to this vision is a commitment to privacy, data ownership, and fair compensation - all powered by the latest technical innovations.