DatChat To Launch Metaverse Advertising and NFT Monetization Platform
28 März 2022 - 2:00PM
DatChat, Inc. ("DatChat" or the "Company") (Nasdaq: DATS), a
communications and social media company that gives users the
ability to communicate, share, and post with privacy and screen
capture protection, today announced it will launch the VenVūū
metaverse advertising and NFT monetization platform. DatChat also
opened pre-sale registration for its new VenVūū Dynamic Content NFT
on the VenVūū.io website.
VenVūū is an advertising platform that allows
metaverse landowners and brands to connect using DatChat’s
proprietary patented and patent pending technology. The platform
provides metaverse landowners an easy and consolidated way to
monetize their holdings by opting into paid ad campaigns that
advertisers offer them. Brands will have the ability to run
campaigns across the NFT advertising network that target the land
parcels they want to reach, simultaneously across multiple
metaverses.
“We believe this to be a landmark moment for the
Metaverse, as it is the first simple solution allowing users to
monetize their metaverse parcels while enabling brands a broad
reach in the metaverse,” said DatChat CEO Darin Myman. “Each VenVūū
Dynamic NFT is a unique NFT like owning your own multi-media outlet
that you own and control in ‘Your World’. Not only will this create
unique opportunities for supporters of DatChat, but will also be a
significant contributor to our Company’s ability to grow our
top-line.”
The VenVūū Dynamic Content NFT enables metaverse
parcel owners to link their parcels with the VenVūū protocol in a
simple and easy manner. Parcel owners opt in to campaigns that are
being offered by advertisers, and advertisers can offer campaigns
to landowners based on targeting criteria. Initially, campaigns
will consist of video or static ads but anticipate expanding the
type of media formats supported to include 3D images, virtual
product placements and wearables later in 2022. Users can begin
minting April 26, 2022, at 1:00 p.m. EST on the VenVūū website
using either a crypto wallet or credit card.
There are as many as 268,645 parcels in the "Big
Four" Metaverses worth billions of dollars, and over one million
active NFT wallets.
To learn more, visit VenVūū.io.
About DatChat, Inc.DatChat Inc. is a
blockchain, cybersecurity, and social media Company that not only
focuses on protecting privacy on personal devices, but also
protects user information after it is shared with others. The
DatChat Messenger & Private Social Network 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. DatChat's patented
technology offers users a traditional texting experience while
providing control and security for their messages. With DatChat
Messenger, a user can decide how long their messages last on a
recipient's device, while feeling secure that, at any time, they
can delete individual messages or entire message threads, making it
like the conversation never happened.
Forward-Looking
StatementsCertain statements in this press release
constitute "forward-looking statements" within the meaning of the
federal securities laws. Words such as "may," "might," "will,"
"should," "believe," "expect," "anticipate," "estimate,"
"continue," "predict," "forecast," "project," "plan," "intend" or
similar expressions, or statements regarding intent, belief, or
current expectations, are forward-looking statements. While the
Company believes these forward-looking statements are reasonable,
undue reliance should not be placed on any such forward-looking
statements, which are based on information available to us on the
date of this release. These forward-looking statements are based
upon current estimates and assumptions and are subject to various
risks and uncertainties, including without limitation those set
forth in the Company's filings with the SEC, not limited to Risk
Factors relating to its business contained therein. Thus, actual
results could be materially different. The Company expressly
disclaims any obligation to update or alter statements whether as a
result of new information, future events or otherwise, except as
required by law.
Contacts:Investor Relations contact:Alex
ThompsonGateway Group, Inc.(949) 574-3860DATS@gatewayir.com
Press contact:Zach KadletzGateway Group, Inc.(949)
574-3860DATS@gatewayir.com
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