![]() ![]() Forward-looking statements speak only as of the date they are made, and neither Ault Alliance nor Ecoark undertake any obligation to update any of these statements publicly in light of new information or future events. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Statements that are not historical facts are forward-looking statements. This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Ecoark also owns approximately 70% of White River Energy Corp (OTCQB: WTRV). directly and approximately 89% of Agora Digital Holdings Inc. (OTCQB: WOEN) indirectly, 100% of Zest Labs, Inc. ![]() In addition to, Inc., Ecoark also owns three non-core subsidiaries either directly or indirectly: approximately 66% of Wolf Energy Services Inc. The Platform, which went live to the public on March 1, 2023, allows users to engage with a new social networking community and purchase both digital and physical products while playing 3D immersive games. (to be renamed BitNile Metaverse Inc.)įounded in 2011, Ecoark, soon to be renamed BitNile Metaverse, owns 100% of, Inc., including the BITNILE.COM metaverse platform. Ault Alliance’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141 About Ecoark Holdings, Inc. In addition, Ault Alliance extends credit to select entrepreneurial businesses through a licensed lending subsidiary. Through its wholly and majority-owned subsidiaries and strategic investments, Ault Alliance owns and operates a data center at which it mines Bitcoin and provides mission-critical products that support a diverse range of industries, including a metaverse platform, oil exploration, crane services, defense/aerospace, industrial, automotive, medical/biopharma, consumer electronics, hotel operations and textiles. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. By taking a browser-first approach, we’ve removed a significant barrier to entry for consumers and businesses wishing to participate.”Īult Alliance, Inc. “Traditionally, the metaverse has been accessible only through VR headsets or downloaded apps. “The number of active users on BITNILE.COM in less than two weeks since launch supports our belief that if you make the metaverse more accessible, people will come,” said Douglas Gintz, President of BITNILE.COM, Inc. In time, we look forward to providing a world that is limitless.” We look forward to providing regular updates, so all our members and visitors have a guide on what is new and determine what they want to do next. Milton “Todd” Ault, III, the Executive Chairman of Ault Alliance, stated, “We are excited that BITNILE.COM has achieved this milestone of surpassing 225,000 active users and congratulate the BITNILE.COM team on their hard work to provide such a unique and engaging experience. The Platform is device-agnostic, enabling end-users to access the metaverse via a web browser on any modern device, including mobile phones, tablets, PCs, and VR headsets. Advertisers are expected to benefit from the increased “stickiness” and innovative advertising models unique to the metaverse. The Platform will have a tiered rewards system that incentivizes users to visit often and remain for longer durations. New features and functionality are continuing to be added weekly, including 3D immersive games, eCommerce, live streaming entertainment, and social networking. The Platform, which went live to the public on March 1, 2023, offers a preview of the foundational world and related activities. (“ Ecoark”) (Nasdaq: ZEST) announced today that in just 12 days from the launch of the early access version of its metaverse platform (“ Platform”), BITNILE.COM has surpassed the milestone of 225,000 7-day active users. (NYSE American: AULT), a diversified holding company (“ Ault Alliance” or “ Company” ) and Ecoark Holdings, Inc., to be renamed BitNile Metaverse Inc. LAS VEGAS, Ma(GLOBE NEWSWIRE) - Ault Alliance, Inc. ![]()
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