Company Description
Myseum, Inc. (Nasdaq: MYSE) is a privacy-first social media and technology company that develops user platforms for secure digital communication and media sharing. Formerly known as DatChat Inc., the company describes itself as a privacy and social media technology company focused on innovative and creative user platforms. Its business centers on social networking, encrypted messaging, and digital content management designed to give users greater control over how their photos, videos, documents, and messages are shared and preserved.
According to the company’s own descriptions in its public communications, Myseum’s flagship offering is the Myseum platform, described as a next-generation social sharing platform that makes it easier to share photos and videos both in the present and with future generations. The platform is presented as a "Free Timeless Digital Shoebox Social Network" that enables users to create albums, special encrypted galleries with limited access, personalized newsfeeds, and collections from other Myseums in a user’s "Galaxy." The company states that each free Myseum account includes a defined amount of "Free Timeless Storage," with the option to purchase additional "Forever Storage."
Core platforms and products
Myseum highlights two primary technology platforms in its public materials:
- Myseum social platform: Described as a multi-tiered social media ecosystem that allows 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 emphasizes digital legacy creation, long-term storage, and controlled sharing as central themes of this platform.
- DatChat Messenger & Private Social Network: Myseum also operates the DatChat Messenger & Private Social Network. The company states that this technology allows users to change how long their messages can be viewed before or after they are sent, prevent screenshots, and hide encrypted photos in plain sight on camera rolls. The underlying technology is described as patented and designed to offer a traditional texting experience while giving users control and security for their messages, including the ability to delete individual messages or entire message threads so that it appears as though the conversation never happened.
Picture Party by Myseum
In its more recent announcements, Myseum identifies Picture Party by Myseum as a lead or flagship product within its ecosystem. The company describes Picture Party as a next-generation social sharing platform and a "new instant social networking and social sharing platform" designed to make sharing photos and videos easier, more fun, and private. It is characterized as more than a shared album, functioning as a complete personal and private social network with a live feed that updates instantly as guests post content.
Myseum explains that Picture Party lets users instantly create private, encrypted spaces called "Picture Parties" to share photos and videos in curated, personal feeds. The company states that users can create unlimited Picture Parties, invite participants via text, QR code, or in-app invites, launch timed or ongoing shared events, add titles, comments, and reactions to posts, and maintain control over privacy, interaction settings, and who can view or contribute. According to the company, only invited participants can see the content, and all media and texts within a Picture Party are private and encrypted. Hosts can decide whether pictures can be saved by guests and who can invite additional participants.
In its descriptions, Myseum positions Picture Party as a way to address common frustrations in modern photo sharing, such as passing phones around to show content, crowding around a single screen, deciding how to distribute group photos, and concerns about social media privacy, data exposure, or the use of personal media in artificial intelligence training. The company notes that Picture Party is intended for events and contexts such as family gatherings, weddings, sporting events, vacations, concerts, school functions, and business meetings, where many participants may be capturing photos and videos that can be shared in one organized, private feed.
Privacy, encryption, and intellectual property
Across its platforms, Myseum repeatedly emphasizes privacy, encryption, and user control. The company describes its technology as enabling private, encrypted spaces for media sharing and secure messaging, and it highlights that its platforms are backed by patented technology and proprietary software. Myseum reports that its intellectual property portfolio includes multiple issued patents and notices of allowance in domestic and international jurisdictions. In particular, the company has disclosed patents and patent allowances related to:
- Time-bound event creation and management based on user-specific media permissions for personal and private social networking technology behind Picture Party by Myseum.
- Secure WebRTC real-time communications services for audio and video streaming communications.
- Systems and methods of transforming electronic content, with patent coverage reported in markets including Israel and other international regions.
Myseum characterizes these patents as foundational to its next-generation social sharing platform and as a key part of its intellectual property strategy. The company also notes that its platforms are designed to help protect personal media from being absorbed into large-scale AI information repositories, reflecting its stated focus on privacy-first social media and digital content control.
Business focus and ecosystem
Based on its public statements, Myseum’s business focus is on building a multi-tiered social media ecosystem that combines:
- Long-term digital storage and legacy creation for photos, videos, and documents.
- Private and encrypted social networking experiences for individuals, families, and groups.
- Messaging and communication tools that give users granular control over message visibility and deletion.
- Event-centric media sharing through Picture Party by Myseum, which is described as an extension of the broader Myseum ecosystem.
The company has also referenced additional branded concepts such as "Pop-up Gala by Myseum," described in its communications as being based on the same technology as Picture Party and focused on formal occasions and experiences. Myseum has indicated that this would be a subscription-based service for organizers of events such as weddings, graduations, sporting events, and concerts, though detailed commercial terms beyond those descriptions are not provided in the available materials.
Corporate background
Myseum, Inc. is incorporated in Nevada and has indicated in its SEC filings that it is an emerging growth company under applicable U.S. securities regulations. The company notes in multiple filings that it previously operated under the name DatChat, Inc. before adopting the Myseum name. Its common stock trades on The Nasdaq Stock Market LLC under the symbol MYSE, and Series A warrants trade under the symbol MYSEW, as disclosed in its Form 8-K filings.
Use cases and target users
From its own descriptions, Myseum’s platforms are aimed at users who want to manage and share personal media with a high degree of privacy and control. The company frequently references individuals, families, and groups that wish to create secure family libraries, digital legacies, and private social environments. For Picture Party by Myseum, the company highlights use cases involving gatherings and events where many participants are capturing photos and videos, and where an organized, private, and encrypted shared space is preferred over traditional social media feeds or group chats.
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Short Interest History
Short interest in Myseum (MYSE) currently stands at 123.8 thousand shares, up 23.2% from the previous reporting period, representing 3.1% of the float. Over the past 12 months, short interest has decreased by 55.8%. This relatively low short interest suggests limited bearish sentiment.
Days to Cover History
Days to cover for Myseum (MYSE) currently stands at 1.4 days, down 48.7% from the previous period. This low days-to-cover ratio indicates high liquidity, allowing short sellers to quickly exit positions if needed. The days to cover has decreased 36.4% over the past year, suggesting improved liquidity for short covering. The ratio has shown significant volatility over the period, ranging from 1.0 to 4.8 days.