Datchat Inc Stock Price, News & Analysis

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.

DatChat announces the launch of 5,000 VenVūū Dynamic NFTs on May 9, 2022.

The company will open demo centers in eight metaverses, including Cryptovoxels and Decentraland. VenVūū's NFTs will be priced at 0.2 ETH (around $600), granting lifetime rights to premium advertising campaigns. CEO Darin Myman expressed excitement about DatChat's position in the metaverse, claiming its technology could pioneer monetization in this space. Pre-sale registration opened on March 28, 2022, leading up to the official sale.

DatChat, Inc. (Nasdaq: DATS) has opened pre-sale registration for its innovative VenVūū Dynamic Content NFTs, part of its new VenVūū metaverse advertising platform. This service enables metaverse landowners to monetize their holdings by opting into ad campaigns. The launch on April 26, 2022, allows users to mint NFTs using crypto or credit cards. CEO Darin Myman highlighted this as a pivotal moment for the metaverse, anticipating a significant impact on revenue growth. The platform targets over 268,645 land parcels in major metaverses, aiming to connect brands with landowners efficiently.

DatChat, Inc. (Nasdaq: DATS) will present at the Ladenburg Thalmann Virtual Special Crypto Expo on March 24, 2022, at 3:30 PM ET. CEO Darin Myman will discuss the company's innovative communications technology, which focuses on user privacy and information protection. The expo features presentations from select crypto mining and blockchain technology companies and provides opportunities for 1x1 meetings with institutional investors. DatChat's unique platform allows users to control message visibility and prevents unauthorized screenshots, enhancing communication security.