Tag: CryptoHawk

As Crypto Prices Reach for New Highs, DigiMax Strategy Continues to Strengthen

DIGIMAX GLOBAL INC. (the “Company” or “DigiMax”) (CSE: DIGI) is pleased to provide an update on several of the new initiatives it has engaged in the past several months, and an outlook on what lies ahead. DigiMax has embarked on several seemingly disparate projects that are now converging into a strong performing set of Artificial Intelligence assets, and a growing network of key partnerships that are starting to accelerate the growth of these assets.

CryptoHawk

After its first three stellar months of performance commencing with the launch June 1, 2021 in which gains of more than 50% were demonstrated for BTC and more than half that for ETH, CryptoHawk did appear to have a few hiccups in September. These have been more than offset in October and the prediction tool is continuing to provide extraordinary return opportunities.

Added to this, the DigiMax team has developed a trading strategy that it has shared with its subscribers through webinars that it calls “Modulation.” By waiting for a preset price flow after an indicator is published, CryptoHawk performance has been demonstrated to be nearly doubled in most months. Modulation also has the effect of cutting the number of trades by approximately 50%.

A recent combined management and external study of CryptoHawk’s (and including its predecessor CryptoDivine, together herein referred to as “CryptoHawk”) Artificial Intelligence for predicting trading performance using published trading signals suggests that since January 1, 2021, an investment of $100,000 would be worth more than $1 million as of October 15, 2021 trading in Bitcoin and more than $5,000,000 trading in ETH. According to the study, these results could be achieved by reinvesting all profits from each trade into the next trade, trading long and short, and using the Modulation method DigiMax has developed.

As subscribers are learning how simple, and less stressful, it is to use this Modulation method, CryptoHawk is becoming a very profitable tool even for the average investor. Potentially even more enticing than the returns, is the fact that the monthly variability in returns is actually very low. CryptoHawk is fully achieving its goal of harnessing the high volatility of cryptocurrencies, while delivery high, but stable, monthly returns to the investor.

CryptoHawk Growth Fund

This 2021 information is also useful for prospective investors into the CryptoHawk Growth Fund (the “Fund”) based in the Cayman Islands, that recently started trading. Investment into that fund was seeded by a US$1 million deposit into the Fund by DigiMax. Additional investors have shown great interest in the back testing results but most are watching for actual results of the fund prior to making large investments. As a result, DigiMax is pleased that is attracting lots of attention from primarily institutional investors, knowing that the Assets Under Management will accelerate more in the second half of the first year of operation more than the first.

The back testing results, combined with the 1% modulation strategy is being studied and used in real time by a growing number of CryptoHawk subscribers with some already achieving significantly positive results.

Results at the Fund have been very strong after a late start in September caused by funds not flowing through the banks on time to commence trading on September 1. This resulted in getting in late on a great CryptoHawk bullish indicator and suffering opening losses as a result. Since then, the Fund has risen 30% above the low and is experiencing weekly gains similar to the Modulation gains described above.

Commodity Hawk Growth Fund

The Commodity Fund and the institutional targeted prediction service is on track to commence before the end of the year. DigiMax is using a combination of its own AI and proven AI developed by Delphi to produce a similar suite of products to CryptoHawk. Results of internal trading of these predictions has been equal to the Modulation returns for CryptoHawk and DigiMax is excited to share these products through the same investor network as is being developed for the

CryptoHawk Fund

DigiMax believes the opportunity for the AI driven Commodities Fund is enormous as commodities are fast becoming the number-one sector for investors around the globe.

ETF Funds

While not confirmed 100%, DigiMax has researched offering long-only funds similar to ETF’s and expects to confirm this intention in the near future. This would allow investors to move funds between the DigiMax Fund family that would include US Cash, the Hawk Funds and the ETF Funds to provide whatever balance each investor is seeking. We believe this will accelerate the accumulation of capital invested at the front end of the life of the Funds.

Partnerships, Affiliates, and Marketing

DigiMax continues to expand its relationships with Crypto Exchanges with more official relationships expected to be announced on an ongoing basis. These would be similar in structure to the relationship announced with Bitget Exchange. The launch of collaborative activities was slowed by issues between countries but this has been worked out and the collaboration is expected to grow quickly going forward.

The efforts to expand awareness in Asia is seeing very positive results. There are now CryptoHawk websites available in both Korean and Chinese languages and the CryptoHawk app is available in Chinese as well. These efforts are supporting a growing number of followers in these countries with an increase in subscriptions expected to follow.

With Asian marketing efforts now operating quite smoothly, attention is being refocused on North America with additional social media platforms being added and numerous articles being present across a wide array of financial media. While not all affiliates are being announced in public, a growing number of smaller partners are beginning to access our affiliate program whereby they can join CryptoHawk to their own network and automatically share in some of the revenues generated from their referral efforts. Finally, at the request of multiple partners, we have added a 7-day free trial that does not require a credit card to be filed in advance of the 7-day free trial that does require credit card registration. This has resulted in a substantial increase in daily new trials and we expect an acceleration of new subscribers.

Looking Ahead

The effort to bring these products to market all since late February of this year has been extraordinary and DigiMax is very proud of the hard work its team of very talented people have put forth to get to this stage. As a result, we now have a much more seamless operation consisting of a base Artificial Intelligence core, and a growing marketing team that is reaching out to a common group of investors. This organic effort is resulting in a growing awareness in the investor community around the world and an accelerating adoption of these products. As this happens, we expect to add key personnel assets where required to both assist in, and accelerate this growth.

Going forward we expect to add additional “channels” to market by through new partnerships with exchanges, and by reaching out to different large groups around the world that have different associations with cryptocurrencies. Finally, momentum continues to build with the other assets owned by DigiMax including the personnel products offered to larger organizations and the investment in Kirobo. Both of these will be discussed in more detail in separate releases during Q4 of this calendar year.

About DigiMax

DigiMax is an Artificial Intelligence technology company committed to unlocking the potential of disruptive technologies by providing advanced financial, predictive, and cryptocurrency solutions across various verticals. DigiMax is an official IBM Watson partner, and the Company’s engineering team has extensive experience in Machine Learning, Neural Language Processing, AI, Big Data and Cryptocurrency technology. To learn more, visit our website: https://digimaxglobal.com/

Contact:
David Bhumgara Chris Carl
Chief Financial Officer President & CEO
416-574-4603 416-312-9698
dbhumgara@digimaxglobal.comccarl@digimax-global.com

Cautionary Note Regarding Forward-looking Statements
NEITHER THE CANADIAN SECURITIES EXCHANGE, NOR THEIR REGULATIONS SERVICES PROVIDERS HAVE REVIEWED OR ACCEPT RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

This press release contains “forward-looking statements”. Forward-looking statements can be identified by words such as: anticipate, intend, plan, goal, seek, believe, project, estimate, expect, strategy, future, likely, may, should, will and similar references to future periods. Examples of forward-looking statements in this press release include, among others, statements we make regarding the Company’s future plans, expectations and objectives.
Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the adequacy of our cash flow and earnings, the availability of future financing and/or credit, and other conditions which may affect our ability to expand the platforms and software described herein, the level of demand and financial performance of the cryptocurrency industry, developments and changes in laws and regulations, including increased regulation of the cryptocurrency industry through legislative action and revised rules and standards applied by the Canadian Securities Administrators, Ontario Securities Commission, and/or other similar regulatory bodies in other jurisdictions, disruptions to our technology network including computer systems, software and cloud data, or other disruptions of our operating systems, structures or equipment, as well as those risk factors discussed or referred to in disclosure documents filed by the Company with the securities regulatory authorities in certain provinces of Canada and available at www.sedar.com. Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. Except as required by applicable securities laws, we undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

DigiMax Continues Global Marketing Expansion into Asia with Signing of Collaboration Deal in Korea

DigiMax Global Inc. (the “Company” or “DigiMax”) (CSE:DIGI)(OTC:DBKSF), a company that provides artificial intelligence (“AI”) and cryptocurrency technology solutions, is pleased to announce that it has signed a marketing collaboration deal with The Wing Corp. (“Wing”) based in Seoul Korea.

CryptoHawk is an Artificial Intelligence-driven, price-trend prediction tool that can be profitably used by any investor interested in trading Bitcoin or Ethereum. The tool is different as it uses AI and machine learning to capture profit from the volatility of cryptocurrencies rather than incur the risk of buy-and-hold investments. As previously announced by the Company, in its first full month of operation in June 2021, CryptoHawk signals achieved a long-short return on BTC of more than 25% compared to a buy-and-hold return for the same period of a loss of 10%. In both up and down markets, CryptoHawk has the potential to deliver subscribers much higher returns when trading.

Wing is a market-leading influencer in blockchain and cryptocurrency in Korea, which they reference as the core of ‘the 4th industrial revolution’. Wing is a company established to help traders and exchanges seek out the highest value cryptocurrencies for investment and future development. Wing applies rigorous verification by experts to foster the development of the cryptocurrency market and sound investment culture.

Having been associated with Wing since DigiMax was founded in 2018, DigiMax recognizes Wing’s strength because it uses non-traditional methods for direct communication with its followers that is not easily traceable through conventional means. They are however very effective at communicating with both crypto traders and exchanges throughout the country.

The founder of Wing, Minho Kang, is a leading blockchain influencer in Korea who has already introduced numerous crypto companies (including Dent, Salt, Enigma, Skraps, Hero, Shivom, Karma, Poet, Trade.io, Hacken, Real, Bitjob ,Sapien, Zper, Investfeed Dexe, Hyve and Eqifi) to Korea, and his success has earned him a reputation as a global marketing expert. He also led a successful blockchain conference as the co-founder of The Signature, leading more than 50,000 investment members.

Wing will collaborate with DigiMax to develop a broad range of CryptoHawk users in Korea and will assist DigiMax to develop integration of the CryptoHawk artificial intelligence system into crypto exchanges in the country. Wing will share referral fees on a sliding scale from 1,000 subscribers up to more than 100,000 subscribers developed in Korea. Wing will also earn options in DigiMax for successfully creating direct partnerships between DigiMax and Korean crypto exchanges.

“As Korea fully embraces the 4th Industrial Revolution, we are thrilled to partner with DigiMax in reaching out to our community with the power of AI,” says Minho Kang, the founder of The Wing Corp. “Korea is extremely techno-savvy with cryptocurrency. I firmly believe that CryptoHawk.ai takes all of us to a new level of monetization through insight that can be used by anyone interested in trading crypto.”

“We are excited to be able to join forces with such a knowledge leader in the industry in Korea,” said DigiMax CEO, Chris Carl. “Since Korea operates in an autonomous manner apart from most of Asia, having such a respected and prominent influencer in a country that has one of the highest per-capita rates of crypto followers in the world, is a great addition to the growing DigiMax team.”

About DigiMax

DigiMax is an Artificial Intelligence technology company committed to unlocking the potential of disruptive technologies by providing advanced financial, predictive, and cryptocurrency solutions across various verticals. DigiMax is an official IBM Watson partner, and the Company’s engineering team has extensive experience in Machine Learning, Neural Language Processing, AI, Big Data and Cryptocurrency technology.

To learn more, visit our website: https://digimaxglobal.com/

Contact:

Martti Kangas
Investor Communications
647-521-9261
mkangas@digimax-global.com

Chris Carl
President & CEO
416-312-9698
ccarl@digimax-global.com

Cautionary Note Regarding Forward-looking Statements
This press release contains “forward-looking statements or information”. Forward-looking statements can be identified by words such as: anticipate, intend, plan, goal, seek, believe, project, estimate, expect, strategy, future, likely, may, should, will and similar references to future periods. Examples of forward-looking statements in this press release include, among others, statements about the Company and Kirobo Inc.’s future plans, expectations and objectives.

Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. The Company may not actually achieve its plans, projections, or expectations. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company, including expectations and assumptions concerning the future plans of Kirobo Inc. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the adequacy of our cash flow and earnings, the benefits and uses of our software, the pricing and availability of our software, the availability of future financing and/or credit, and other conditions which may affect our ability to expand the platforms and software described herein, the level of demand and financial performance of the cryptocurrency industry, developments and changes in laws and regulations, including increased regulation of the cryptocurrency industry through legislative action and revised rules and standards applied by the Canadian Securities Administrators, Ontario Securities Commission, and/or other similar regulatory bodies in other jurisdictions, disruptions to our technology network including computer systems, software and cloud data, or other disruptions of our operating systems, structures or equipment, the impact of Covid-19 or other viruses and diseases on the Company’s ability to operate, consumer sentiment towards the Company’s products and services, failure of counterparties to perform their contractual obligations, government regulations, competition, loss of key employees and consultants, and general economic, market or business conditions, the impact of technology changes on the products and industry, the ability for Kirobo Inc. to complete its business objectives, as well as those risk factors discussed or referred to in disclosure documents filed by the Company with the securities regulatory authorities in certain provinces of Canada and available at www.sedar.com. Given these risks, uncertainties and assumptions, you should not place undue reliance on these forward-looking statements.

Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. Except as required by applicable securities laws, we undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.

DigiMax Provides Update Regarding CryptoHawk and Cayman Crypto Fund

DigiMax Global Inc. (the “Company” or “DigiMax”) (CSE:DIGI) (OTC:DBKSF), a company that provides artificial intelligence (AI) and cryptocurrency technology solutions, is pleased to provide an update about the successful activities being realized at its wholly-owned subsidiary, DataNavee Inc.

DigiMax is pleased to report that its new Crypto Price Trend Predictor, CryptoHawk, which was launched on June 1st, 2021 has had a stellar performance in June. These figures are based on closed prediction cards through the last closed prediction on June 27th, 2021 and all information is available to subscribers and free trial members.

For Bitcoin (“BTC”), there is a 32.3% difference, in the first month of launch, based on the return our subscribers earned from the prediction indicators sent to them by text, compared to the buy-and-hold strategy for the same period. CryptoHawk produced a 20.6% gain so far in June compared to an 11.7% loss in the value of Bitcoin in the same period.

For Ethereum (“ETH”), CryptoHawk is ahead of buy-and-hold by a 34.7% difference. CryptoHawk has provided subscribers with a 5.6% gain while buy-and-hold has produced a 29.1% loss in ETH value so far in June.

While these results speak for themselves, the Company is also pleased to report that an extensive marketing campaign for CryptoHawk has commenced and is planned to grow exponentially and globally for the balance of the year. This program could not be started until after CryptoHawk was launched, and while it is still early too early to provide definitive year-end predictions, so far in June we have seen a 26% rise in monthly recurring revenue and a 45% growth in lifetime value. These values are based on an end of May 2021 subscriber base of under 1,000 subscribers but the momentum has been increasing daily, with several basic subscribers already jumping up to the advanced membership. We remain confident that an end-of-year target of 10,000 subscribers is a reasonable goal.

The CryptoHawk results provide a strong foundation to launch the CryptoHawk-based Crypto Fund domiciled in the Cayman Islands and expected to be launched by the end of August 2021 as previously announced. Pre-marketing of the fund is progressing well and the stated goal of achieving $1 billion of Assets Under Management within 24 months seems realistic at this time.

About DigiMax

DigiMax is a technology company committed to unlocking the potential of disruptive technologies by providing advanced financial, predictive, and cryptocurrency solutions across various verticals. DigiMax is an official IBM Watson partner, and the Company’s engineering team has extensive experience in Machine Learning, Neural Language Processing, AI, Big Data and Cryptocurrency technology. To learn more, visit our website: https://digimaxglobal.com/

Contact:
Martti Kangas
Investor Communications
647-521-9261
mkangas@digimax-global.com

Chris Carl
President & CEO
416-312-9698
ccarl@digimax-global.com

Cautionary Note Regarding Forward-looking Statements
This press release contains “forward-looking statements or information”. Forward-looking statements can be identified by words such as: anticipate, intend, plan, goal, seek, believe, project, estimate, expect, strategy, future, likely, may, should, will and similar references to future periods. Examples of forward-looking statements in this press release include, among others, statements about the Company and Kirobo Inc.’s future plans, expectations and objectives.

Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based only on our current beliefs, expectations and assumptions regarding the future of our business, future plans and strategies, projections, anticipated events and trends, the economy and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Our actual results and financial condition may differ materially from those indicated in the forward-looking statements. Therefore, you should not rely on any of these forward-looking statements. The Company may not actually achieve its plans, projections, or expectations. The forward-looking statements and information are based on certain key expectations and assumptions made by the Company, including expectations and assumptions concerning the future plans of Kirobo Inc. Important factors that could cause our actual results and financial condition to differ materially from those indicated in the forward-looking statements include, among others, the following: the adequacy of our cash flow and earnings, the benefits and uses of our software, the pricing and availability of our software, the availability of future financing and/or credit, and other conditions which may affect our ability to expand the platforms and software described herein, the level of demand and financial performance of the cryptocurrency industry, developments and changes in laws and regulations, including increased regulation of the cryptocurrency industry through legislative action and revised rules and standards applied by the Canadian Securities Administrators, the Ontario Securities Commission, and/or other similar regulatory bodies in other jurisdictions, disruptions to our technology network including computer systems, software and cloud data, or other disruptions of our operating systems, structures or equipment, the impact of COVID-19 or other viruses and diseases on the Company’s ability to operate, consumer sentiment towards the Company’s products and services, failure of counterparties to perform their contractual obligations, government regulations, competition, loss of key employees and consultants, and general economic, market or business conditions, the impact of technology changes on the products and industry, the ability for Kirobo Inc. to complete its business objectives, as well as those risk factors discussed or referred to in disclosure documents filed by the Company with the securities regulatory authorities in certain provinces of Canada and available at www.sedar.com. Given these risks, uncertainties and assumptions, you should not place undue reliance on these forward-looking statements.

Any forward-looking statement made by us in this press release is based only on information currently available to us and speaks only as of the date on which it is made. Except as required by applicable securities laws, we undertake no obligation to publicly update any forward-looking statement, whether written or oral, that may be made from time to time, whether as a result of new information, future developments or otherwise.