Datchat Inc Stock Price, News & Analysis

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.

DatChat announced the allowance of a patent application from the USPTO for a “Blockchain-Based Communication Systems and Methods.” This patent includes innovations for a blockchain-based communication platform, enabling secure messaging and digital rights management. CEO Darin Myman emphasized the patent's significance in enhancing user privacy and security, aligning with the company’s expansion in the Web 3.0 space. This addition strengthens DatChat's patent portfolio and reinforces its commitment to protecting user information even after messages are sent.

DatChat has appointed Gianfranco Lopane as the new Head of Business Development, focusing on enhancing revenue within its Social Network+, Metaverse, NFT, and blockchain initiatives. Lopane brings over 15 years of experience in business development, most recently serving as a Director at Generiqo. His expertise includes blockchain consulting and NFT marketing. CEO Darin Myman expressed confidence in Lopane’s ability to drive DatChat’s strategic growth in the evolving Web3 landscape.

DatChat, Inc. (Nasdaq: DATS) is set to sponsor the NFT LA Conference from March 28-31, 2022, showcasing its innovative technologies including Metaverse and NFT Digital Rights Management. The conference, a major event in Southern California's Web3 arena, will feature over 90 pioneers in the NFT and culture space, including prominent figures like Mark Cuban. CEO Darin Myman emphasized DatChat's commitment to Web 3.0 technologies, which enhance privacy and security in digital communication and NFT transactions.

DatChat, Inc. (Nasdaq: DATS) announced a Letter of Intent to acquire Avila Security Corporation for $1 million in cash and up to $2.5 million in restricted stock. This acquisition aims to enhance DatChat's intellectual property by securing four issued patents related to blockchain technology, digital rights management, and secure communications. CEO Darin Myman emphasized the acquisition's potential to create new revenue opportunities in Web 3.0 and Metaverse spaces, although the transaction is subject to due diligence and final agreements.

DatChat, Inc. (Nasdaq: DATS) is developing a new platform to safeguard NFTs, documents, and multimedia using its proprietary technology. This initiative aligns with the company's strategy in the Web 3.0 and Metaverse spaces and is spearheaded by Mark Mathis, the Chief Blockchain Architect. The hiring of three senior developers further boosts the development team's capabilities. CEO Darin Myman emphasized the platform's importance in promoting user control over their data in a decentralized environment.

DatChat appoints Mark Mathis as its first Chief Blockchain Architect, aiming to enhance the company's strategic initiatives in blockchain technology. With over 20 years of experience, including roles at IBM, Ally Bank, and Bank of America, Mathis will focus on the development and integration of blockchain within DatChat's ecosystem. CEO Darin Myman emphasizes that this move is part of the company's commitment to innovation and agility, positioning DatChat favorably in the evolving messaging and social media landscape.

DatChat has launched the Nirad Points Rewards Program, initially benefiting the first 1 million users with 10,000 NRD Points. These points can be earned through active participation on the DatChat Social Network+ platform and can be used for premium services and e-commerce. The company is exploring the conversion of NRD Points into tokens linked to its upcoming blockchain. This initiative aims to enhance user growth and engagement while emphasizing blockchain technology and privacy. The Nirad Points program is live, with the DatChat app available for both iOS and Android devices.