DatChat Announces Strategic Alliance with ZOAN Cornerstone.land for Metaverse Integration
05 May 2022 - 10:00PM
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 ZOAN to integrate its
NFT monetization platform into ZOAN’s Cornerstone.land metaverse.
ZOAN is a Web3 platform specializing in hyper realistic MMO
openworld experiences with blockchain powered ecosystem including
non-fungible token architecture, play-to-earn tokenization and
virtual asset royalty streams.
The Alliance establishes a working relationship between
DatChat’s VenVūū platform and ZOAN’s Cornerstone.land metaverse.
The primary objective of the Alliance is to integrate the VenVūū
NFT monetization platform into ZOAN’s Cornerstone.land immersive
digital environment. Additionally, both entities are expected to
mutually benefit from the cross-promotion of each other’s platforms
and products.
“Our Alliance with ZOAN’s Cornerstone.land
presents users in its photorealistic metaverse the unique
opportunity to utilize DatChat’s VenVūū solution and monetize in
the platform,” said DatChat’s CEO, Darin Myman.
“We are excited to support Datchat's VenVūū
innovative solution on our platform, which offers additional
economic opportunities to our users while adding value to the
platform,” said ZOAN’s CEO, Miikka Rosendahl.
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.
About ZOANZOAN is a virtual reality studio
focused on photorealistic virtual solutions founded in Helsinki in
2010. We have lived alongside the evolution of the virtual realm
unlocking ways to connect the latest technologies with high-quality
graphics. During the past 12 years, we have served industry-leading
brands, startups, and cultural entities to create immersive,
meaningful experiences. Together, we have shaped transcendent
experiences surpassing the ordinary by entering the virtual
frontier. For more information about ZOAN and Cornerstone.land,
visit http://www.zoan.fi. and https://cornerstone.land/.
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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