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Mindspace Solutions has announced a $1 million strategic investment in Dechat, a Web3 communication platform that aims to transform user interaction and transactions in the decentralized era. This investment is part of Mindspace’s commitment to supporting innovative projects that prioritize privacy and user-centric design. The announcement of investment through Dechat official X account. The funding will assist in helping Dechat improve its secure, transparent communication solutions.
Big News!
— Dechat (@dechat_io) December 3, 2024
Mindspace Solutions just invested $1M in DeChat! 🎉 Together, we're redefining secure, healthy communication in the Web3 era. 🌐💬
Thank you, @mindspaceweb3, for joining us on this journey! 🤝
Read @mindspaceweb3 official announcement here:https://t.co/5JUSxFn0Hy
Dechat Launches as a Secure, Blockchain-Based Messaging App
Dechat has grown tremendously to be among the popular platforms in the Web3 space with over 180,000 users and active in strategic markets such as Japan and the Middle East. The app is currently the 6th on the top charts in the App Store in Japan, proving its stability and user popularity. It has also launched partnerships with more than 200 strategic partners and is available on key exchanges such as Bybit, Kucoin and the PancakeSwap.
This is where Dechat comes in offering a user-friendly, decentralized messaging app that can be compared to WhatsApp, among others. The use of blockchain makes sure that messages are encrypted and no central point of control is achieved. It also provides a framework for in-app purchases, enabling customers to make token, NFT and other digital asset transfers easily. It has some of the features such as voice message, file transfer and video for active communication.
Mindspace Solutions Invests in Dechat to Support Privacy-Focused Web3
It also has enhanced identity systems based on wallets and NFTs, which guarantees only verified users’ interactions. This feature helps to improve the user experience by making it safer and more reliable, and it is entirely free. Mindspace Solutions feels that Dechat is also very conscious of privacy and security and thus is in line with Mindspace Solutions vision of supporting Web3 projects that can create a difference.
The deal with Dechat is not only a mere capital investment but a strategic move that would put the platform on the right growth trajectory. Mindspace Solutions eagerly anticipates how the development of Dechat will influence the ordinary online communication and interaction. This partnership represents a milestone in pushing progress and creating a safe, decentralized internet environment.