DATS - DatChat stock surges premarket on launch of metaverse ad NFT platform

DatChat (NASDAQ:DATS) stock surged 27% premarket after the firm said it will launch the VenV?? metaverse advertising and NFT monetization platform. DATS also opened pre-sale registration for its new VenV?? Dynamic Content NFT on the VenV?? website. VenV?? is an advertising platform that allows metaverse landowners and brands to connect using DATS' proprietary patented and patent pending technology. The platform provides metaverse landowners a consolidated way to monetize their holdings by opting into paid ad campaigns that advertisers offer them. Initially, campaigns will consist of video or static ads, but DATS anticipates expanding the type of media formats supported to include 3D images, virtual product placements and wearables later in 2022. Users can begin minting on Apr. 26, at 1 p.m. ET, on the VenV?? website using either a crypto wallet or credit card. DATS stock has declined 50.2% YTD.

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DatChat stock surges premarket on launch of metaverse ad, NFT platform