Business
Project JAM Jump Starts Equity Crowdfunding Campaign on MusicFy
Project JAM Jump Starts Equity Crowdfunding Campaign on MusicFy.
About this update from Digital Asset Monetary Network, Inc.
[{"type":"text","content":"\n “Less than 1% of 1% of all #1 records were written by one person.” - Chad Richardson (Advisor) Los Angeles, CA, Sept. 26, 2019 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Project JAM or “JAM”, a community for musicians and music industry professionals, announced today that the Company has joined the securities crowdfunding platform MusicFy, a TruCrowd, Inc. funding portal, in an effort to allow music enthusiasts to invest in and own their piece of the music revolution. JAM, a DigitalAMN (OTCMKTS: DATI) client-company, is comprised of a blockchain component, social media platform, which is focused on fairness and transparency within the music industry. JAM intends to bring “Justice for All Musicians” via its ecosystem of musicians, songwriters, producers, artists, audio engineers, industry execs, and fans. “As creatives know, it takes more than one person to bring a vision to life. However, the music industry has become a fractured community, especially in geographically vast cities like Los Angeles, where there are scores of creatives, but no central hub to connect them,” stated Anthony Pisano, CEO and co-founder of Project JAM. “Less than 1% of 1% of all #1 records were written by one person. However, with the rise of digital technology, the landscape is bigger than ever and the traditional ways of meeting fellow creatives have fallen away as we have dived deeper into cyberspace and social media,” said Project JAM Advisor Chad Richardson. “Project JAM wants to bring the music industry together through our ecosystem and find justice not only for musicians, but for the music that has yet to be created,” stated COO and co-founder Tony Livadas. “The JAM team is made up of music industry professionals and tech experts who are committed to providing the industry with a central hub; bringing the community together with innovative solutions, while also providing helpful tools along the way.” In a growing industry, opportunities to connect, collaborate, and match users’ skills through a collaborative technology platform is now more important than ever. To date, the most widely-used music networking platform is Craigslist. Each week over 10,000 posts are listed in the top 10 music cities in the US. Music t...