Myseum Receives Notice of Patent Allowance for New ‘Picture Party’ Social Media Technology
Myseum (Nasdaq: MYSE) received a notice of allowance from the USPTO for the patent application titled “Time Bound Event Creation and Management Based on User Specific Media Permissions,” which covers the core technology behind Picture Party by Myseum.
Sentiment and the balance of points
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Rhea-AI Summary
Myseum (Nasdaq: MYSE) received a notice of allowance from the USPTO for the patent application titled “Time Bound Event Creation and Management Based on User Specific Media Permissions,” which covers the core technology behind Picture Party by Myseum.
The company said Picture Party is a privacy-first social platform for sharing pictures, videos and posts; the platform is scheduled for release this month on iOS and Android. Myseum reported its IP portfolio now includes 18 issued patents and three Notices of Allowance, plus additional domestic and international applications under review.
Positive
- USPTO notice of allowance for Picture Party core technology
- Picture Party scheduled release this month on iOS and Android
- IP portfolio: 18 issued patents and 3 Notices of Allowance
Negative
- None.
Details
News Market Reaction – MYSE
On Dec 4, the day this news came out, MYSE closed 3.27% above the previous close.
Data tracked by StockTitan Argus for the Dec 4 session.
Key Figures
- Net revenues
- $328
- Q3 2025 10-Q
- Net loss
- $1,231,481
- Q3 2025 10-Q, $0.28 per share
- Cash
- $457,626
- As of Sept 30, 2025
- Short-term investments
- $4,346,310
- As of Sept 30, 2025
- Working capital
- $4,193,316
- As of Sept 30, 2025
- Shelf capacity
- $25,000,000
- Form S-3 shelf filed Nov 26, 2025
- Carried-forward securities
- $18,100,009.80
- Unsold from 2022 registration, offerable until June 4, 2026
- IP portfolio size
- 18 issued patents, 3 Notices of Allowance
- As stated in patent allowance release
Historical Context
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USPTO notice of allowance for core Picture Party social media technology.
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USPTO allowance for secure WebRTC audio and video streaming patent.
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Israeli patent grant expanding international coverage for content transformation tech.
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Shareholder letter on operational progress and Picture Party launch roadmap.
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Spitball branding partnership and PictureParty.com acquisition for launch marketing.
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Key Terms
notice of allowance regulatory
u.s patent and trademark office (uspto) regulatory
AI-generated analysis. How Rhea-AI works. Not financial advice.
NEW BRUNSWICK, N.J., Dec. 04, 2025 (GLOBE NEWSWIRE) -- Myseum, Inc. (Nasdaq: MYSE) (“Myseum” or the “Company”), a privacy-first social media and technology innovator, today announced that it received a notice of allowance from the U.S Patent and Trademark Office (USPTO) for the patent application titled “Time Bound Event Creation and Management Based on User Specific Media Permissions.” The new patent covers the personal and private social networking technology behind ‘Picture Party by Myseum,’ a new social media platform that was developed to make sharing pictures, videos and posts easier, more fun and private. The platform is on schedule to be released this month for both iOS and Android mobile devices. More information is available on PictureParty.com
“This patent is both extremely important and valuable to Myseum, as it covers the main technology of our new platform. Essentially, we have created a new type of social media that allows anyone to quickly and easily create private social networks for whatever their need is. Additionally, it will help keep personal media safe from the prying eyes of artificial intelligence,” said Darin Myman, Chief Executive Officer of Myseum. “Most importantly, we made sure that the new technology not only puts users back in control of their social media, but it makes it easier and more fun to share private content.”
Myseum’s expanding IP portfolio now includes 18 issued patents and three Notices of Allowance as well as several filed international and domestic patent applications under review.
About ‘Picture Party by Museum’
‘Picture Party by Myseum’ introduces a fun, creative and dynamic way for users to share photos and videos with friends, family, colleagues and groups, ensured by privacy and secure connections for every gathering. Designed as an extension of the Myseum ecosystem, the new platform emphasizes ease-of-use while delivering a next-generation social experience that combines utility and ease without sacrificing privacy.
About Myseum, Inc.
Myseum, Inc. (formerly DatChat Inc.) is a privacy and social media technology company focused on innovative and creative user platforms. Its flagship platform is Myseum, is a next-gen social sharing platform that makes it easier to share your photos and videos both today, and for generations to come. Myseum allows you to create amazing albums, create special encrypted galleries with limited access, personalize your newsfeed and create collections from other Myseum's in your Galaxy. Your Free Myseum includes 50 GB of Free Timeless Storage, and many more features not mentioned. Additional storage is available for a one-time charge of
Myseum's innovative social media platform brings a fresh and needed approach to digital media and content management, allowing users to create a digital legacy that makes it easier to share both today, and with future generations. Backed by patented technology and proprietary software, the multi-tiered social media ecosystem enables individuals, families, and other groups to store and share digital content such as messages, photos, videos, and documents within a highly secure and private family library.
The Company also operates the DatChat Messenger & Private Social Network, which presents technology that allows users to change how long their messages can be viewed before or after users send them, prevents screenshots, and hides encrypted photos in plain sight on camera rolls. The patented technology offers users a traditional texting experience while providing control and security for their messages. With the DatChat Messenger, a user can decide how long their messages last on a recipient's device while feeling secure that at any time, and delete individual messages or entire message threads, making it like the conversation never happened. Visit datchat.com and datchat.com/investors/management for more information.
Notice Regarding Forward-Looking Statements
The information contained herein includes forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and Section 27A of the Securities Act of 1933, as amended. Forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as "may," "will," "should," "would," "expect," "plan," "believe," "intend," "look forward," and other similar expressions among others. These statements relate to future events or to the Company's future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond the Company's control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company's current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to the Company's operations, results of operations, growth strategy and liquidity. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company's most recent Annual Report on Form 10-K and other filings with the Securities and Exchange Commission. Investors and security holders are urged to read these documents free of charge on the SEC's website at https://www.sec.gov. Except as may be required by applicable law, The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, whether as a result of new information, future events or otherwise.
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