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Santo Mining Corp (OTC PINK: SANP) has filed a form 1-A with the SEC for a Regulation A offering, proposing to sell up to $20 million in shares at prices between $0.005 and $0.01. This offering aims to clean up existing liabilities and fund the expansion of projects in the blockchain sector. CEO Frank Yglesias mentioned significant growth potential and plans to hire additional blockchain developers, signaling a renewed focus on market opportunities post-pandemic.
DNA Brands Inc. (OTC:DNAX), in collaboration with Santo Blockchain Labs (OTC: SANP), has received a trademark for DNATags™ from the USPTO, marking a significant milestone for the company. This third-party verified blockchain authentication technology aims to combat counterfeit pharmaceuticals, with over 10% of medications globally being counterfeit according to the FDA. CEO Adrian McKenzie expressed optimism about expanding DNATags™ into various medicinal markets, including CBD and counterfeit Covid-19 products, while the company currently has 5.9 million common shares outstanding.
Santo Mining Corp. (OTC PINK: SANP) announced the minting of 50 SKULLYS® NFTs on the Cardano Ecosystem, with plans to mint a total of 2,000 NFTs within 30 days. Proceeds will support the SANTO Cardano Staking Pool, enhancing rewards for stakeholders. Additionally, the company is gifting one SKULLYS® NFT to the first 200 Cardano Stake Holders. An innovative software, A.R.R. (Accept, Relinquish & Reward), aims to boost NFT engagement by providing interactive experiences.
Santo Mining Corp (OTC PINK:SANP) has signed a Letter of Intent (LOI) with Friendable, Inc. to create an eXtended Reality (XR) non-fungible token (NFT) platform for artists and their fans. This partnership aims to provide unique NFTs that can generate new revenue opportunities. The platform will allow fan interaction and offer exclusive content through limited-edition NFT releases. The collaboration is expected to amplify user experiences using augmented reality technology, enhancing the marketability and value of the NFTs. The companies aim to capitalize on the growing NFT trend.
Santo Mining Corp (OTC PINK:SANP) has launched its new SKULLYS® NFT website, planning to mint over 2,000 NFTs on the Cardano network. Additionally, the SANTPOOL will be rebranded to SKULLYSPOOL, a proof of stake pool allowing Cardano delegators to earn passive income on ADA coins. All NFT sales will enhance the SKULLYSPOOL's pledge, and rewards like NFT giveaways will be available for delegators of over 50,000 ADA coins. The company aims to add functions like augmented reality and treasure hunting to its NFTs, enhancing their value.
DNA Brands Inc. (OTC PINK:DNAX) and Santo Mining Corp (OTC PINK:SANP) announced the filing of a trademark for DNATags™, aimed at the $17 billion anti-counterfeit packaging market. The registration covers various goods and services, including software for cryptocurrency transactions and blockchain inventory management. The move targets urgent authentication needs in industries like pharmaceuticals and health, where counterfeit drugs are a significant issue. The companies plan to launch DNATags™ and DNARewards™ while focusing on effective branding and sales strategies.
Santo Mining Corp. and DNA Brands Inc. will convert DNATags from the Ethereum network to Cardano Goguen. This transition aims to reduce transaction costs and improve scalability by utilizing Cardano's native tokenization system. The DNATags platform will enable consumers to authenticate products and earn DNARewards tokens. Santo Blockchain Labs has extensive experience with Ethereum smart contracts and recognizes the benefits of Cardano's technology. A marketing roadmap for DNATags and DNARewards will be revealed soon.