In recent days, HOP-ON (OTCMKTS:HPNN) has come into focus among investors and the company’s stock has also managed to gain notable momentum. Yesterday, important news emerged with regards to the company’s business and it might be worthwhile for investors to take a closer look at it.
The company announced yesterday that it started integration testing as well as certification of a range of features of Digital Spy. The features that are being certified include royalty distribution, crowdfunding feature, and contributor payout methods among others. In addition, Digital Spy is also going to offer support for making transactions in as many as 35 currencies and also in popular cryptocurrencies like Bitcoin, Ethereum, and USDC.
Once the whole thing is completed, it is expected to create a strong and well-integrated solution for creators, artists, and influencers among others. The global online media industry is currently worth as much as a trillion dollars and if HOP-ON can manage to get a slice of that through this integrated marketplace then it could only be a long-term positive for the company.
Hence, the new momentum in the stock might not come as a complete surprise for many. It now remains to be seen if the stock continues to hold on to its momentum and end the week strongly.
In this regard, it might also be important to note that the company is going to host a shareholder meeting via Zoom later this month. At the meeting, which is scheduled to take place on April 28 at 1 p.m. Pacific Standard Time, the company is going to discuss new developments and future plans with the shareholders. It is an important event and one that could provide a glimpse into HOP-ON’s plans for the immediate future. It is likely that the meeting is going to be watched closely by analysts.
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