DatChat Announces Strategic Alliance with Yakushima Corp. for Metaverse Integration
29 April 2022 - 2:00PM
DatChat, Inc. ("DatChat" or the "Company") (Nasdaq: DATS), a
blockchain-enabled cybersecurity, metaverse advertising platform
and social media company, today announced that it has entered into
a strategic alliance (“the Alliance”) with Yakushima Corp. to
integrate its NFT monetization platform into the Yakushima.io
metaverse. Yakushima Corp. is a Web3 platform specializing in
non-fungible token architecture, immersive metaverse environments,
play-to-earn tokenization and virtual asset royalty streams.
The Alliance establishes a working relationship between
DatChat’s VenVūū platform and Yakushima Corp.’s metaverse. The
primary objective of the Alliance is to integrate the VenVūū NFT
monetization platform into Yakushima Corp.’s hyper realistic
digital environment to offer passive income to property owners from
ads. Additionally, both entities are expected to mutually benefit
from the cross-promotion of each other’s platforms and
products.
“We are excited to bring DatChat’s VenVūū
monetization platform to the Yakuverse – which present revenue
opportunities for creators connected across the whole Solana
ecosystem,” said DatChat’s CEO, Darin Myman.
To learn more, visit VenVūū.io.
About DatChat, Inc.DatChat Inc. is a
blockchain-enabled cybersecurity, metaverse advertising platform
and social media Company. DatChat’s Messenger & Private Social
Network via application 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 Company’s patented technology
offers users a traditional texting experience while providing
control and security for their messages. The Company continues to
innovate and implement strategic initiatives to increase the
adoption of blockchain technology and advance its Social Network+
and Metaverse initiatives. For more information, please visit
datchat.com.
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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