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    DatChat Unleashes AI Dog Racing and Full Monetization in

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    New updates to HabyPets AI-powered games grow company's social media ecosystem

    NEW BRUNSWICK, N.J., February 29, 2024 (Globe Newswire) — DatChat (Nasdaq: DATS), the secure messaging, social media, and metaverse company, today announced significant enhancements to Habytat Metaverse with the release of AI Dog. Announcing enhancements. Racing. This latest update introduces comprehensive monetization across the Habytat platform, introducing video ads and in-world purchases.

    December 28thth, DatChat has launched the HabyPets interactive game. It allows users to adopt, train, introduce pets, and engage with their virtual pets through personalized one-on-one activities such as pet care, outdoor exploration, and virtual dog park visits. Within the AI ​​Dog Racing metaverse, users can compete against other players and their AI dogs and climb the leaderboards to win future prizes. This update also introduces purchasable items for dogs such as vacuum cleaners, feeders, clothing, accessories, and growth promoters.

    “With the introduction of our interactive game HabyPets and the exciting release of AI Dog Racing, we are offering our users a unique opportunity to not only deepen their bond with their virtual pets, but also engage in friendly competition within the Metaverse. ” said DatChat CEO. , Darin Myman. “Beyond being a game, our platform provides a dynamic experience where users can raise, train, and compete, turning HabyPets' virtual realm into a vibrant and thrilling community.'' We are also opening up channels of revenue opportunities including: Video advertising and domestic buying represent exciting prospects for long-term, sustainable growth.”

    In 2023, the global in-app purchase market reached $144.6 billion. IMARC Group predicts that the market will increase to $517.8 billion by 2032, reflecting a compound annual growth rate (CAGR) of 14.9% for the period from 2024 to 2032.

    About Habitat

    Habytat from SmarterVerse, a subsidiary of DatChat Inc., is a Metaverse platform and privacy-first social network. By dramatically lowering the economic and technological barriers to entry into the Metaverse, Habytat is democratizing access to the digital realm and providing users with incredible opportunities to co-create communities, businesses, and lives. Built on SmarterVerse Holding's patented privacy technology, his Habytat gives users complete control over their data and creates a social network they can trust. For more information, please visit habytat.io.

    About DatChat Co., Ltd.

    DatChat Inc. is a secure messaging, metaverse, and social media company focused not only on protecting privacy on personal devices, but also on protecting user information once it has been shared with others. Masu. DatChat Messenger & Private Social Network lets you change how long users can view messages before or after they're sent, prevent screenshots, hide encrypted photos in plain sight in your camera roll, etc. We provide the technology that makes it possible. DatChat's patented technology provides a traditional text-to-text messaging experience while giving users control and security over their messages. DatChat Messenger allows users to decide how long their messages last on the recipient's device, while also allowing them to delete individual messages or entire threads of messages at any time, making it as if the conversation never happened. You can feel safe.

    Forward-looking statements

    Certain statements in this press release constitute “forward-looking statements” within the meaning of federal securities laws. “may”, “might”, “would”, “should”, “believe”, “expect”, “anticipate”, “estimate”, “continue”, “predict” ”, “anticipate”, “plan” and other words. “Words such as “plan,” “intend,” or similar expressions, or statements regarding intentions, beliefs, or current expectations, are forward-looking statements. Although the Company believes that these forward-looking statements are reasonable, undue reliance should not be placed on such forward-looking statements, which are based on information available to the Company as of the date of this release. there is no. These forward-looking statements are based on current estimates and assumptions and involve risk factors relating to our business, including, but not limited to, those described in our SEC filings. are subject to various risks and uncertainties. Therefore, actual results may differ materially. We expressly disclaim any obligation to update or change any statements, whether as a result of new information, future events or otherwise, except as required by law.

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    ir@datchats.com
    800-658-8081

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