DatChat Inc. is a social media company that also develops blockchain, cybersecurity, focuses on protecting your privacy on devices. Today, the price is pretty volatile: it is soaring from its previous close by more than 38% to $3.3300, while it shows a negative sign of 10% in the pre-market. Furthermore, on January 18, the company stated about the launch of the Web 3.0 platform to protect NFT and encrypted messaging. And also that it has already started developing a new platform. As you can notice, the stock market rose strongly on the news reaching a maximum of $ 3.82.
The main idea of this new platform is to allow to exchange and protect NFT documents, audio and video files, and messages using DatChat technology. Therefore, this platform will be used for Web 3.0 and Metaverse applications. Recently, the company appointed Mr. Mathis as the first chief architect of the blockchain, and therefore Mark Mathis will lead the development of the platform. Given the recent recruitment of employees, the company is expanding quite well, namely in the field of development capabilities.