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Datchat Inc - DATS STOCK NEWS

Welcome to our dedicated page for Datchat news (Ticker: DATS), a resource for investors and traders seeking the latest updates and insights on Datchat stock.

Company Overview

DatChat Inc (DATS) is a pioneering entity at the crossroads of blockchain, cybersecurity, and social media. The company distinguishes itself by offering a revolutionary messaging rights management platform that grants senders unprecedented control over their shared messages. Utilizing robust blockchain integration, DatChat’s platform ensures that both personal and group messages are subject to dynamic privacy controls. This means users can modify, extend, or even revoke access to their messages after they have been sent, addressing a critical gap in conventional messaging applications.

Technology and Platform

At the heart of DatChat Inc is its innovative messaging application, designed to merge the benefits of blockchain technology with best-in-class cybersecurity measures. The platform employs advanced encryption and decentralized data management practices to safeguard information not only on personal devices but also after messages are delivered. By offering the unique feature to change messaging rights post-sending, the service empowers users to determine how long the recipients can view their communications. This innovative use of technology demonstrates a deep understanding of the evolving nature of digital privacy and information control.

Security and Privacy

DatChat Inc places a premium on user privacy. In an era where digital communications can be compromised, the platform provides flexible control over message longevity, ranging from indefinite preservation to scheduled self-destruction. The ability to erase or modify message rights in real time is a critical safeguard, ensuring that sensitive or personal information is not perpetually accessible without the sender’s approval. This commitment to privacy is embedded in every aspect of the platform, making it a standout solution in a field filled with conventional messaging services.

Business Model and Market Position

The company operates on a model that emphasizes user empowerment and privacy resilience. Its free messaging application is designed to attract a wide consumer base, from private individuals seeking secure communications to businesses looking for enhanced confidentiality in their internal communications. By integrating blockchain and cybersecurity tools, DatChat Inc differentiates itself in a sector crowded with generic messaging apps. The value proposition is clear: provide users with the capability to adjust message rights even after dispatch, a feature not available in traditional platforms.

Industry and Competitive Landscape

In the broader realm of digital communications, the emphasis on privacy and security has grown significantly. DatChat Inc leverages its technological expertise to address persisting challenges in data protection, offering a rare combination of blockchain technology and real-time rights management. This positions the company strategically within the competitive landscape, where conventional messaging apps often fall short by not addressing post-send privacy risks. Industry keywords such as blockchain, cybersecurity, and mobile messaging are integral to understanding the innovative context in which DatChat operates.

Customer Value Proposition

For users, both personal and professional, the value proposition of DatChat Inc is compelling. The platform’s capacity to dynamically alter the accessibility of sent messages offers a level of control previously unattainable. In scenarios where information sensitivity changes over time, this feature enhances the overall security and trust in digital communications. The company acknowledges that privacy threats may come from unexpected quarters; therefore, it has engineered its platform to serve as a reliable guardian of digital correspondence.

Conclusion

DatChat Inc (DATS) stands out as an innovative force in the messaging and cybersecurity arena by addressing the fundamental need for adjustable content control. With its robust, blockchain-based platform, the company not only fortifies digital communication but also empowers its users with genuine rights over their shared information. This distinct approach not only redefines privacy in digital communications but also sets a new benchmark for what is possible in secure messaging solutions, ensuring that the information shared is always under the sender's control.

Rhea-AI Summary

DatChat, Inc. (NASDAQ: DATS) has received a Notice of Allowance for U.S Patent Application No. 17/716,185 for Blockchain-Based Communication Systems and Methods. This patent is important for the company's Myseum platform, a digital social media legacy ecosystem where users can curate and preserve their digital content.

The patent covers a proprietary method of using blockchain technology to create a secure, private way for users to share and store digital content such as messages, photos, videos, and documents. CEO Darin Myman emphasized that this patent is a critical step in building the foundation for the Myseum platform, enabling users to share their digital media now and create a digital legacy for future generations.

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DatChat, Inc. (NASDAQ: DATS) has announced the acquisition of an AI-driven media organization tool to enhance its Myseum platform. The proprietary software, compatible with leading AI models like Gemini, OpenAI, and Claude, will be integrated into Myseum, set for release in Fall 2024. This strategic addition aims to redefine digital legacy management by allowing users to create a multi-tiered social media ecosystem within a secured family network for storage and sharing.

The AI tool specializes in managing media libraries through intelligent tagging and renaming of images and media files. DatChat acquired the source code and complete rights to this technology through an asset purchase agreement on August 27, 2024, in exchange for 8,000,000 restricted shares of Dragon Interact, Inc., a majority-owned subsidiary of DatChat. This acquisition aligns with DatChat's mission to help users manage their digital legacies and use AI to bring ancestral history to life.

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DatChat (Nasdaq: DATS) will participate in the EF Hutton Annual Global Conference on May 15th, 2024, in New York City. The company plans to introduce the Myseum Media Archiving & Social Networking Platform at the event. DatChat CEO, Darin Myman, expressed excitement about engaging with industry leaders and showcasing new initiatives like HabyPets interactive virtual world. The company also announced the release of its AI Dog Racing to enhance monetization on the Habytat platform.

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DatChat (DATS) enhances its Habytat Metaverse with AI Dog Racing, introducing monetization opportunities through video ads and in-world purchases. The company aims to create a dynamic user experience, fostering competition and revenue growth within the metaverse.
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DatChat, Inc. (Nasdaq: DATS) has announced the closing of its underwritten public offering of 972,972 shares of its common stock at a public offering price of $1.85 per share, resulting in approximately $1.8 million in gross proceeds. The underwriters have also been granted a 45-day option to purchase up to an additional 145,945 shares of common stock at the same price. EF Hutton LLC acted as the sole book-running manager for the Offering, which was made pursuant to a 'shelf' registration statement on Form S-3 filed with the SEC.
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DatChat, Inc. (DATS) announced the pricing of its underwritten public offering of 972,972 shares of its common stock at a public offering price of $1.85 per share, with aggregate gross proceeds of approximately $1.8 million. The company has also granted the underwriters a 45-day option to purchase up to an additional 145,945 shares of common stock at the public offering price, with the offering expected to close on January 19, 2024. EF Hutton LLC is acting as the sole book-runner for the offering. The securities are being offered by the Company pursuant to a 'shelf' registration statement on Form S-3, filed with the U.S. Securities and Exchange Commission (SEC) on October 28, 2022, and declared effective on December 6, 2022.
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DatChat, Inc. (DATS) plans to offer shares of its common stock in an underwritten public offering. The offering is subject to market conditions, and the company intends to use the net proceeds for general corporate purposes, research and development, and sales and marketing.
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DatChat (Nasdaq: DATS) CEO, Darin Myman, shared the company's 2023 progress and strategic advancements, including patenting intellectual property and focusing on driving user growth, revenue, and shareholder value. They plan to distribute shares of SmarterVerse to shareholders, creating a standalone public company. Recent announcements include the launch of Habytat AI social gaming platform and My Family Museum, a platform for sharing photos and videos safely.
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DatChat (Nasdaq: DATS) announces the proposed spin-off of its Habytat platform business into a new standalone public company, marking a significant step in the company's corporate strategy to reposition as a pureplay social media ecosystem centered around its My Family Museum assets. The spin-off is subject to board approval and regulatory approvals, with shareholders expected to receive a pro-rata distribution of DatChat’s shares of SmarterVerse common stock. The company also introduced its new AI social gaming and developer program on its Habytat metaverse, including the launch of HabyPets, an AI-powered interactive game, and the opening up of the platform to game developers and content creators.
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DatChat (Nasdaq: DATS) announced the launch of its new AI social gaming platform and developer program for game designers and content creators, along with the release of the HabyPets AI-powered interactive game. HabyPets offers users an immersive experience within the Habytat world, allowing them to adopt, train, and showcase their pets in competitions. The company also introduced a developer program that enables game developers and content creators to share in the revenue generated by their games and products.
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FAQ

What is the current stock price of Datchat (DATS)?

The current stock price of Datchat (DATS) is $3.19 as of April 1, 2025.

What is the market cap of Datchat (DATS)?

The market cap of Datchat (DATS) is approximately 13.3M.

What is DatChat Inc's core service?

DatChat Inc provides a unique messaging rights management platform that allows senders to adjust or revoke access to messages even after they are sent.

How does DatChat Inc ensure message privacy?

The platform employs blockchain technology combined with advanced encryption methods to secure messages and offer flexible control over their accessibility.

What makes DatChat Inc different from traditional messaging apps?

Unlike conventional messaging services, DatChat offers dynamic post-send control, enabling users to erase or modify message rights after messaging.

Who can benefit from DatChat Inc's platform?

Both individual users and businesses benefit from enhanced privacy controls, ensuring sensitive communications remain secure and under the sender's control.

How does the company use blockchain technology?

Blockchain is integrated to provide decentralized data management and secure encryption, ensuring that users’ messages and control settings remain immutable and private.

What industries does DatChat Inc operate within?

DatChat Inc is active in the blockchain, cybersecurity, and digital communications sectors, addressing critical privacy challenges in modern messaging.

How does DatChat Inc compare with competitors?

By offering unique post-send message control and rights management, DatChat Inc distinguishes itself in a market where traditional messaging apps lack these dynamic privacy capabilities.
Datchat Inc

Nasdaq:DATS

DATS Rankings

DATS Stock Data

13.30M
3.93M
6.53%
3.86%
5.81%
Software - Application
Telegraph & Other Message Communications
Link
United States
NEW BRUNSWICK