Ault Alliance, Inc. (AULT) and Ecoark Holdings (ZEST) announced invitations to their respective stockholders to a tour of the next-generation marketplace, BitNile.com, Inc., currently a subsidiary of Ault Alliance, on February 28, 2023. The tour will be led by Milton Ault, III, the founder of BitNile.com, which is set to launch and "go live" March 1, 2023. BitNile.com’s development is led by Douglas Gintz, its President and Chief Product Officer. Ault and Ecoark jointly announced on February 9, 2023 that they have entered into a share exchange agreement whereby, upon closing, Ecoark will acquire 100% of the outstanding equity of BitNile.com. Tour participants will experience first-hand the dynamic features, ambiance and capabilities of the metaverse platform, which can readily accept Bitcoin. The Platform is being developed to enable users to access the Metaverse via the web browser allowing usage on any device such as mobile, tablets, PC’s and virtual reality headsets. Ault Alliance and Ecoark expect the Platform to revolutionize how people interact digitally with a bidirectional connection to the physical world. The Platform will incentivize users through a tiered rewards system supported by a revenue and reward model. The Platform will be device-agnostic, where users will be able to play 3D immersive games, can purchase both digital and physical products, experience various forms of entertainment, and engage with a new social networking community across any of their internet connected devices. The Platform will allow users to participate in the Metaverse with unique avatars and customized skins, or digital accessories.
Published first on TheFly
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