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Like Anneza, I read it as DAN-em-und. Maybe because Rosemond like Rosamund. DAIN-mund does not seem to me like it would be a typical way to say a name that looks so old-englishy. So, I don't think it's close to Damon at all. I like it a little more than Edmund.

I don't like it. It looks like a brand name or a place, not a person's name. Edmund is much nicer and I like Damon too.

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.

I do prefer Edmund (and especially Damon) but Danemund could work. I agree with previous poster, it sounds medievel.

I think it sounds really medieval. I still prefer Edmund, but depending on the way it's pronounced, Danemund can be lovely.

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In my opinion, it's not very close to Damon at all, I wouldn't have connected those names if it weren't for your mentioning of it...