Datchat Inc Stock Price, News & Analysis

DatChat, a secure messaging and metaverse company, announced a new initiative called the 'Metaverse Homestead Act' for its Habytat metaverse. The company will offer land parcels as incentives for active participation, with ownership granted upon achieving certain participation levels. The Habytat will employ an advertising-based revenue model, and pre-registration is now open for its first world, Geniuz City. The initiative aims to foster widespread metaverse adoption, with a scheduled launch for phase one on November 28.

DatChat, Inc. (DATS) announced plans to launch Phase 1 of its metaverse project, Geniuz City, within The Habytat. This event will take place during the DCENTRAL Miami conference from November 28-30, 2022, allowing attendees to interact with and secure virtual property. The project leverages Dynamic Content NFTs and micro blockchain technology, developed through a joint venture with MetaBizz. As a silver sponsor, DatChat will feature keynote opportunities and video promotion. The Habytat aims to enhance social networking and commercial interactions in the metaverse.

DatChat, Inc. (Nasdaq: DATS) has announced a new metaverse project, The Habytat, developed by its subsidiary SmarterVerse, Inc. in collaboration with MetaBizz. This mobile-based social networking platform aims to democratize land ownership through patented blockchain and NFT technology. The project will be led by a team of seasoned professionals in technology and business, including Johan Molina as Chief Innovation Officer and Rene Palacio Mongui as Chief Technology Officer. The initiative reflects DatChat's commitment to innovation and growth in the metaverse ecosystem.

DatChat has announced its subsidiary, SmarterVerse, Inc., entered a joint venture with MetaBizz to create a new mobile-based social networking metaverse called The Habytat. The venture aims to democratize ownership in the metaverse by utilizing DatChat's Dynamic Content NFTs and patented blockchain technology. DatChat will own 60% of the venture, while MetaBizz will hold 40%, providing over 20 engineers and designers for development. CEO Darin Myman emphasized the need for increased property ownership in the metaverse to boost user participation and growth opportunities.

DatChat, Inc. (Nasdaq: DATS) has successfully closed its acquisition of Avila Security Corporation, enhancing its intellectual property portfolio with four issued patents and three pending applications in blockchain technology. This acquisition focuses on secure messaging, digital rights management, and encrypted streaming, positioning DatChat as a competitive player in Web 3.0 and the Metaverse. The transaction involved issuing 1,000,000 shares of restricted common stock, reinforcing DatChat's initiative in privacy-centric communications.

DatChat has announced a strategic alliance with ZOAN to integrate its VenVūū NFT monetization platform into ZOAN's Cornerstone.land metaverse. This partnership aims to enhance user experience in ZOAN's photorealistic metaverse, allowing users to monetize their digital assets. Both companies anticipate mutual benefits through cross-promotion of their platforms. DatChat's CEO emphasized the unique opportunities this integration will present, while ZOAN's CEO highlighted the economic advantages for users. The announcement aims to position both companies competitively in the evolving digital landscape.

DatChat has announced a strategic alliance with AVTR Studios Taipei to integrate its VenVūū NFT monetization platform into AVTR's metaverse. This collaboration aims to enhance the NFT monetization experience within a hyper-realistic digital environment, benefiting creators in the metaverse. Both platforms will engage in cross-promotion, expected to fuel growth and adoption of NFT technologies. The partnership reflects the expanding opportunities in the metaverse sector, aligning with DatChat’s mission to innovate in blockchain and social media.

DatChat has announced a strategic alliance with Yakushima Corp. to integrate its VenVūū NFT monetization platform into the Yakushima.io metaverse. This collaboration aims to provide passive income opportunities for property owners through advertising, leveraging the hyper-realistic digital environment of Yakushima. The alliance also focuses on mutual cross-promotion of their platforms. DatChat's CEO highlighted the revenue potential for creators within the Solana ecosystem.

DatChat has announced a strategic alliance with House of Kibaa (HoK) to integrate its VenVūū NFT monetization platform into HoK’s Project Origin metaverse. This collaboration aims to enhance the NFT monetization experience within HoK's hyper-realistic digital environment, providing mutual benefits through cross-promotion. The CEO of DatChat expressed optimism about strengthening the VenVūū presence, while HoK's CEO emphasized the potential for improving outcomes for content creators in the metaverse, highlighting their commitment to value addition.