DatChat and MetaBizz Form Joint Venture for Metaverse Development

DatChat-and-MetaBizz-Form-Joint-Venture-for-Metaverse-Development

SmarterVerse, Inc., a wholly owned subsidiary of DatChat, Inc., Blockchain-enabled metaverse advertising platform, has announced a collaborative venture with MetaBizz to create a brand-new metaverse called “The Habytat.”

A new social networking and business metaverse will be created by The Habytat, a mobile-based social networking platform that uses DatChat’s Dynamic Content NFTs, patented Blockchain digital rights management, and micro Blockchain technology. By making land accessible to practically everyone, the Habytat will democratize ownership in the metaverse.

According to the conditions of the joint venture, DatChat will own a 60 percent initial stake and MetaBizz a 40 percent stake. A further twenty engineers and designers from both North and South America will be provided by MetaBizz.

Read More: DatChat Enters Metaverse Development Joint Venture With MetaBizz