NEW YORK, June 21, 2018 (GLOBE NEWSWIRE) -- Digital Arts Media Network, Inc. (OTCMKTS:DATI), a specialized tech accelerator leveraging the Public Accelerator-Incubator (PAI) model, commends truCrowd, Inc. (owner and operator of truCrowd.com), on its recognition from well-respected VentureBeat (www.VentureBeat.com), which ranked the top ten crowdfunding companies in the market today.
VentureBeat (aka “VB”) recognized truCrowd as a Top 10 Reg. CF crowdfunding platform in its June 2018 report of “Today’s Best Crowdfunding Platforms – By The Numbers”. The rankings were based on: number of listings, average funds raised per listing, aggregate capital commitments and funding success rate.
truCrowd shares the Top 10 rankings with heavy hitters such as Republic and Start Engine, even placing higher than both in funds raised per listing.
Read the full report at: https://venturebeat.com/2018/06/09/todays-best-crowdfunding-platforms-by-the-numbers/
“truCrowd has received accolades as a leader in crowdfunding due to its ability to onboard and successfully help facilitate the funding of several innovative startups,” said Ajene Watson, CEO of Digital Arts Media Network, Inc. “We are extremely confident that our investment in this equity crowdfunding portal will play an invaluable role in our business development eco-system. These VB rankings are evidence of this. We strongly anticipate truCrowd’s rankings to improve, having an extremely positive impact on our accelerator incubator business model in addition to our shareholders' equity portfolio of startups.”
Management believes that the Top 10 ranking recognition by VB demonstrates just how hard truCrowd is working to build a strong network of everyday investors and savvy businesspeople to invest in the development of high-valued high-tech startups.
Watson concluded, “We are glad to share a vision and financial relationship with truCrowd. Being recognized as an industry leader in an early-stage market, positions truCrowd well enough to gain a large market share before more competitors enter the space. Digital Arts Media Network will benefit greatly from their continued success."
ABOUT Digital Arts Media Network, Inc.
Digital Arts Media Network, Inc. (OTCMKTS:DATI) is the first company to utilize the Public Accelerator-Incubator (PAI) model, with the intent to follow the global success of accelerators and incubators around the world, adding niche opportunities to both the microcap and startup communities. As a PAI, Digital Arts Media Network will develop and acquire innovations that solve problems through digital platforms and other electronic applications.
ABOUT truCrowd, Inc. (owner and operator of truCrowd.com)
Located in the heart of the financial district of downtown Chicago, truCrowd is a FINRA member equity crowdfunding portal operating under Regulation Crowdfunding (Title III of JOBS ACT); connecting startups and emerging businesses with non-accredited and accredited investors. Built on the belief that not all businesses and investors are alike, we pride ourselves on delivering a personalized and professional funding experience through industry-leading technology.
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