$DATI Vezt Inc. was the first company to leverage
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Posted On: 02/15/2018 1:34:48 PM
$DATI Vezt Inc. was the first company to leverage DATI's angel accelerator program. Vezt hopes to be the primary stock exchange of the music industry. Movie productions currently get funding through slate financings. Until now no mechanism existed for musicians to get financing. Vezt is rolling out initial song offerings (ISOs) so that musicians have a platform in which to sell their music to their fans. This platform will eliminate intermediaries. Bruno Mars is one of the first high profile celebrities very interested in the project. Before the Vezt ICO, DATI was engaged by Vezt for the Angels plus equity enhancement for its $3 million raise and earned 1.5% of the company. Investors received a 10% kicker in DATI stock at a discount. That means investors received $300,000 worth of DATI stock valued at $0.50. The stock was trading at $1.00 and investors got 600,000 shares of DATI at $0.50. Vezt holds 35% of the token float, which represents 43.75 million tokens trading at $1.42/token. The market capitalization of Vezt is $21.74 million and DATI owns $1.5% or $326,000.
https://www.streetwisereports.com/article/201...thing.html
https://www.streetwisereports.com/article/201...thing.html
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