Nice catch, but I'm afraid I misread it (my screen's playing up) as Damen und ... as in 'Guten Abend, meine Damen und Herren'. Once I got that sorted, I rather like it; but I also expect that people would pronounce the
Dane- bit as the modern
Dane, not DAHne, and the -mund as if it were part of
Edmund, with an -uh instead of an -oo. So it's probably not the most practical choice. I can't see or hear it being close to
Damon at all, and I wouldn't mind if it was.
Damon was a respectable mythological bloke, after all.