Business
DigitalAMN Names Its Top-Level-Domain, .hiphop – Acquired Through Dot Hip Hop, LLC
DigitalAMN Names Its Top-Level-Domain, .hiphop – Acquired Through Dot Hip Hop, LLC.
About this update from Digital Asset Monetary Network, Inc.
[{"type":"text","content":"\n NEW YORK, Jan. 04, 2022 (GLOBE NEWSWIRE) -- Digital Asset Monetary Network, Inc. (“DigitalAMN”, “DAMN”, or the “Company”) (OTCMKTS: DATI), a Public Accelerator-Incubator (“PAI”), announced today, that in partnership with highly experienced Domain Name industry executive-entrepreneurs, the Company has acquired the rights to the Top-Level-Domain (“TLD”), .hiphop, through Dot Hip Hop, LLC (“Dot Hip Hop”)—whose partnership is listed in the Company’s 3rd QT Financial Disclosures [2021]. The Company initially made this announcement without identifying the name of the TLD (or “gTLD” (generic Top-Level-Domain)) as .hiphop. This was done to preserve the integrity of the assignment process that is overseen by the Internet Corporation for Assignment of Names and Numbers (ICANN). As is the case with all gTLD assignments, the assignment of the .hiphop gTLD Registry Agreement (an exclusive license to operate the .hiphop TLD) is subject to obtaining ICANN’s consent, which may not unreasonably be withheld. DigitalAMN originally intended to reveal the name of the gTLD, only after Dot Hip Hop received consent from ICANN to complete the assignment of the .hiphop TLD from the previous holder. While this has not yet occurred, Domain Incite identified and published DigitalAMN’s relationship to .hiphop. “We are truly excited about .hiphop for so many reasons,” stated Ajene Watson, CEO of DigitalAMN. “One being, that we get the opportunity to partner and work with several incredibly experienced, well known and highly respected figures in the domaining space. Another is… this is Hip Hop.” “As a culture, Hip Hop has helped to break down barriers, bring awareness to inequities and inequalities, and give both the undervalued and unvoiced platforms to stand, grow and flourish. And of course, this venture gives us the opportunity to work with ‘thought leaders’, artists, entertainers, designers, business leaders and the Icons of Hip Hop.” “The .hiphop gTLD fits our mission to help everyday people establish and grow transferable wealth, through financial literacy and access to economic opportunities. We believe that our PAI Ecosystem, coupled with the exciting prospects the Company should see...