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      DatChat Inc. (DATS) stock hikes up during after-hours trading. Let’s find out why? - Stocks Telegraph

      By Mahnoor Shah

      Published on

      December 2, 2021

      7:10 AM UTC

      DatChat Inc. (DATS) stock hikes up during after-hours trading. Let’s find out why? - Stocks Telegraph

      DatChat Inc. (NASDAQ: (DATS) stock declined by 3.67% at last close whereas the DATS stock price gained by 10.35% in the after-hours trading session. DatChat Inc. is a blockchain, cybersecurity, and social media start-up that not only safeguards user information on personal devices but also after it has been communicated with others.

      DATS stock’ Current Development

      The Nirad Points Rewards Program (NRD) was launched by DatChat, with the first 1 million members earning 10,000 NRD Points. Users can earn NRD Points by actively participating on the DatChat Social Network+ platform, such as making an account, logging in daily, adding friends, enabling adverts, and building their DatChat network, using a “Proof of Participation” protocol. On the DatChat Social Network+ platform, NRD Points can be redeemed for premium services, upgrades, and eCommerce. For developing and sustaining an account on the DatChat Social Network+ platform, the first 10 million user gets NRD points.

      The Nirad Wallet, which can be accessed on the DatChat Social Network+ app, allows users to keep track of their rewards. Following the introduction of the DatChat Blockchain, the Company is also investigating and studying the feasibility of converting NRD Points into tokens, leading to legal requirements and the Rewards Program’s terms of service. Holders would be able to show “Proof of Stake” on the DatChat blockchain using this feature.

      NRD Points can be exchanged for paid services and advancements within the DatChat ecosystem. They can only be gained, not bought, and DatChat founders and employees will not get any points that they do not acquire through DatChat platform activity. The Nirad Points Reward Program is live on the DatChat platform right now. The DatChat Social Network+ application is accessible for iOS and android for free.

      Darin Myman, CEO of DatChat commented that,

      They see this as a once-in-a-lifetime chance to significantly boost the DatChat platform’s growth by bringing in new users who understand and value blockchain and privacy capabilities. Through community interaction, the Nirad will undergird their blockchain network and fuel their platform.

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