DatChat Reaches Milestone of Over 75,000 Users on Its AI-Powered Habytat Metaverse
23 August 2023 - 10:00PM
Business Wire
Company sees encouraging spike in growth since
the recent release of AI-powered pets "HabyPets" in Habytat
DatChat (Nasdaq: DATS), a private messaging, social media, and
metaverse company, announced today that it has reached a milestone
of over 75,000 active users in its Habytat metaverse. Habytat is
growing at a rate of approximately 1,200 to 2,500 new members daily
and the Company's recently released AI-powered HabyPets are already
receiving accelerated adoption. As of now, HabyPets has four
different popular dog breeds. Coming soon is an interactive dog
park, new dog breeds, cats, various types of animals, a full
immersive VR experience, a Music District, and more.
Habytat is the ultimate metaverse experience that offers a
unique feature: giving users free NFT-deeded land and a house that
users own and are backed by the Company’s proprietary AI and
machine learning engine. Habytat’s mobile app is available in the
Apple App Store and Google Play store and has been localized for
Spanish-speaking countries. The virtual world has realistic art,
daily rewards, games, and much more. The official in-world currency
of the Habytat Metaverse, earned through participation on the
DatChat Social Network+ or through the Habytat, is called Nirad. It
can be used to upgrade properties and experiences throughout the
Habytat.
“Since we launched Habytat on mobile devices for the general
public in May of this year, we have seen significant traction in
the growth of users in our metaverse,” said DatChat CEO Darin
Myman. “Reaching over 75,000 users is a significant milestone for
our Company and we are excited from the feedback and user activity
we are seeing play out. We are confident that we can convert this
massive user growth into revenue streams. The HabyPets launch has
been very successful, and we are pleased with the adoption rate and
the dynamic experience it offers our users. We believe that our new
AI-powered pets, along with other new product releases in the near
future, will help skyrocket user growth at a higher rate than what
we have already seen. We will look to update shareholders of our
progress as we pass future user milestones.”
The Habytat is available as a free download on App Store or
Google Play and HabyPets are up for adoption at
https://habytat.io/pets or from the download the mobile app.
About Habytat
Habytat by SmarterVerse, a subsidiary of DatChat Inc., is a
metaverse platform and privacy-first social network. By
dramatically lowering the financial and technical barriers to entry
to the metaverse, Habytat is democratizing access to the digital
realm and giving users a remarkable opportunity to co-create
community, business and life together. Built on SmarterVerse
Holding’s patented privacy technology, Habytat grants users
complete control over their data, creating a social network users
can trust. Learn more at habytat.io.
About DatChat Inc.
DatChat Inc. is a secure messaging, metaverse, 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 the 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 Statements
Certain 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.
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