Digital Donations Launches $5M Campaign to Back Its Own Crypto 'Coin'
Funds to be used for Digital Wallet and Cryptocurrency Development
MELVILLE, N.Y., October 3, 2017 (Newswire.com) - Digital Donations Technologies announced today the launch of a 506c equity fundraising campaign to raise up to $5MM via Crowdfunder.com. Funds from this round will be used for the expanded development of PayGIV and CoinGIV, an innovative fundraising technology. Together these tools, a digital wallet, and a cryptocurrency, allow donors to predesignate a specific charity and donation amount, creating automated sustainable fundraising growth.
Keith Orlean, CEO and Co-Founder, stated “In addition to PayGIV and CoinGIV, our GIV Ecosystem includes point of sale, ATMs and mobile devices. The unique and essential component of our technology is Partner Rewards. By joining cause with commerce, a donation request can be added to any financial transaction and provide a brand-sponsored reward to the donor, increasing the benefit to the donor, the cause, and the business.
Charitable giving is a $400BN industry that receives 71 percent of its donations from individuals. Ease of donating is especially important to millennials who love online and social giving. Having recently surpassed Baby Boomers in population, reaching this audience on their preferred platforms (social, mobile and digital portals) is the future of charitable giving.
In addition to PayGIV and CoinGIV, our GIV Ecosystem includes point of sale, ATMs and mobile devices. The unique and essential component of our technology is Partner Rewards. By joining cause with commerce, a donation request can be added to any financial transaction and provide a brand-sponsored reward to the donor, increasing the benefit to the donor, the cause, and the business.
Raising capital is the next step in funding our growth as we prepare to become a publicly traded entity.”
Founded in 2014, Digital Donations is committed to assisting non-profit industry with breakthrough and cost-effective fundraising technologies. The key to the business is its innovative GIV Ecosystem which integrates at point-of-sale, mobile devices, ATMs and e-commerce checkouts. Through this integration, the GIV technology enables consumers to make charitable donations while making a financial transaction.
To review the opportunity to invest in the Future of Giving click or copy this link. https://www.crowdfunder.com/digital-donations-inc-/invest
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Statements in this press release including statements regarding either party's beliefs, expectations, intentions or strategies for the future, may be considered "forward-looking statements". All forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from the plans, intentions, and expectations reflected in or suggested by the forward-looking statements. Such risks and uncertainties include, among others, intensified competition, operating problems and their impact on revenues and profit margins, anticipated future business strategies and financial performance, anticipated future number of customers, business prospects, legislative developments and similar matters.
Source: Digital Donations Technologies, Inc.