{"id":739710,"date":"2023-03-14T06:33:13","date_gmt":"2023-03-14T10:33:13","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ault-alliance-and-ecoark-holdings-announce-bitnile-com-has-surpassed-225000-active-users-in-under-two-weeks-from-launch\/"},"modified":"2023-03-14T06:33:13","modified_gmt":"2023-03-14T10:33:13","slug":"ault-alliance-and-ecoark-holdings-announce-bitnile-com-has-surpassed-225000-active-users-in-under-two-weeks-from-launch","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ault-alliance-and-ecoark-holdings-announce-bitnile-com-has-surpassed-225000-active-users-in-under-two-weeks-from-launch\/","title":{"rendered":"Ault Alliance and Ecoark Holdings Announce BITNILE.COM Has Surpassed 225,000 Active Users in Under Two Weeks From Launch"},"content":{"rendered":"<p>        <!--body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p><b>Ault Alliance and Ecoark Holdings Announce BITNILE.COM Has Surpassed 225,000 Active Users in Under Two Weeks From Launch<\/b><\/p>\n<p>LAS VEGAS&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ault.com&amp;esheet=53361736&amp;newsitemid=20230314005636&amp;lan=en-US&amp;anchor=Ault+Alliance%2C+Inc.&amp;index=1&amp;md5=1ee1c865c8c5741e133c4deee341f120\">Ault Alliance, Inc.<\/a> (NYSE American: AULT), a diversified holding company (\u201c<strong>Ault Alliance<\/strong>\u201d or \u201c<b>Company<\/b>\u201d ) and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ecoark.com&amp;esheet=53361736&amp;newsitemid=20230314005636&amp;lan=en-US&amp;anchor=Ecoark+Holdings%2C+Inc.&amp;index=2&amp;md5=c32cd9023f00511b9d9e811d4e5338dc\">Ecoark Holdings, Inc.<\/a>, to be renamed BitNile Metaverse Inc. (\u201c<b>Ecoark<\/b>\u201d) (Nasdaq: ZEST) announced today that in just 12 days from the launch of the early access version of its metaverse platform (\u201c<b>Platform<\/b>\u201d), BITNILE.COM has surpassed the milestone of 225,000 7-day active users.\n<\/p>\n<p id=\"news-body-cta\">This press release features multimedia. View the full release here: <a href=\"https:\/\/www.businesswire.com\/news\/home\/20230314005636\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230314005636\/en\/<\/a><\/p>\n<p>\nThe Platform, which went live to the public on March 1, 2023, offers a preview of the foundational world and related activities. New features and functionality are continuing to be added weekly, including 3D immersive games, eCommerce, live streaming entertainment, and social networking. The Platform will have a tiered rewards system that incentivizes users to visit often and remain for longer durations. Advertisers are expected to benefit from the increased \u201cstickiness\u201d and innovative advertising models unique to the metaverse. 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.\n<\/p>\n<p>\nMilton \u201cTodd\u201d Ault, III, the Executive Chairman of Ault Alliance, stated, \u201cWe 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. 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. In time, we look forward to providing a world that is limitless.\u201d\n<\/p>\n<p>\n\u201cThe 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,\u201d said Douglas Gintz, President of BITNILE.COM, Inc. \u201cTraditionally, the metaverse has been accessible only through VR headsets or downloaded apps. By taking a browser-first approach, we\u2019ve removed a significant barrier to entry for consumers and businesses wishing to participate.\u201d\n<\/p>\n<p>\nThe Company encourages the public to use this link, <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fbitnile.com%2F&amp;esheet=53361736&amp;newsitemid=20230314005636&amp;lan=en-US&amp;anchor=https%3A%2F%2Fbitnile.com&amp;index=3&amp;md5=30e58fa4383a07cb00b1ac0054c8be15\">https:\/\/bitnile.com<\/a>, and experience first-hand the early access version of the Platform and subsequent updates.\n<\/p>\n<p>\nFor more information on Ault Alliance and its subsidiaries, the Company recommends that stockholders, investors and any other interested parties read the Company\u2019s public filings and press releases available under the Investor Relations section at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ault.com&amp;esheet=53361736&amp;newsitemid=20230314005636&amp;lan=en-US&amp;anchor=www.ault.com&amp;index=4&amp;md5=a6aed430643a545e05cba38e83286c30\">www.ault.com<\/a> or available at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=53361736&amp;newsitemid=20230314005636&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=5&amp;md5=3a1e01e6feb1e994685c2e4dab4f9e3f\">www.sec.gov<\/a>.\n<\/p>\n<p><b>About Ault Alliance, Inc.<\/b><\/p>\n<p>\nAult Alliance, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. 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. In addition, Ault Alliance extends credit to select entrepreneurial businesses through a licensed lending subsidiary. Ault Alliance\u2019s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141; <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.Ault.com&amp;esheet=53361736&amp;newsitemid=20230314005636&amp;lan=en-US&amp;anchor=www.Ault.com&amp;index=6&amp;md5=9758fc75d8a97c8beb15fa15888fe257\">www.Ault.com<\/a>.\n<\/p>\n<p><b>About Ecoark Holdings, Inc. (to be renamed BitNile Metaverse Inc.)<\/b><\/p>\n<p>\nFounded in 2011, Ecoark, soon to be renamed BitNile Metaverse, owns 100% of BitNile.com, Inc., including the BITNILE.COM metaverse platform. 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. In addition to BitNile.com, Inc., Ecoark also owns three non-core subsidiaries either directly or indirectly: approximately 66% of Wolf Energy Services Inc. (OTCQB: WOEN) indirectly, 100% of Zest Labs, Inc. directly and approximately 89% of Agora Digital Holdings Inc. directly. Ecoark also owns approximately 70% of White River Energy Corp (OTCQB: WTRV).\n<\/p>\n<p><b>Forward-Looking Statements<\/b><\/p>\n<p>\nThis press release contains \u201cforward-looking statements\u201d 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 \u201cbelieves,\u201d \u201cplans,\u201d \u201canticipates,\u201d \u201cprojects,\u201d \u201cestimates,\u201d \u201cexpects,\u201d \u201cintends,\u201d \u201cstrategy,\u201d \u201cfuture,\u201d \u201copportunity,\u201d \u201cmay,\u201d \u201cwill,\u201d \u201cshould,\u201d \u201ccould,\u201d \u201cpotential,\u201d or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. 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. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. In addition to risks relating to the continuation of high oil prices, the acceptance of the Platform by individuals, competition with much larger companies operating metaverses, Ecoark\u2019s ability to raise capital, and state regulation of bitcoin mining, investors should review risk factors, that could affect either or both of the Ault Alliance\u2019s and Ecoark\u2019s respective businesses and financial results which are included in Ault Alliance\u2019s and Ecoark\u2019s respective filings with the U.S. Securities and Exchange Commission, including, but not limited to, their respective Forms 10-K, 10-Q and 8-K. All such filings are available at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=53361736&amp;newsitemid=20230314005636&amp;lan=en-US&amp;anchor=www.sec.gov&amp;index=7&amp;md5=b32733da7a007c80c129b5886eb5776c\">www.sec.gov<\/a> and on the companies\u2019 websites at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.Ault.com&amp;esheet=53361736&amp;newsitemid=20230314005636&amp;lan=en-US&amp;anchor=www.Ault.com&amp;index=8&amp;md5=f872c300f8e1c4da9b0e168a4ed676e4\">www.Ault.com<\/a> and <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.ecoarkusa.com&amp;esheet=53361736&amp;newsitemid=20230314005636&amp;lan=en-US&amp;anchor=www.ecoarkusa.com&amp;index=9&amp;md5=7466bb2369ca125d888776c8b0b64d81\">www.ecoarkusa.com<\/a>, respectively.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230314005636r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230314005636\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230314005636\/en\/<\/a><\/span><\/p>\n<p><b>Ault Alliance Investor Contact:<br \/>\n<\/b><br \/><a rel=\"nofollow\" href=\"mailto:IR@Ault.com\">IR@Ault.com<\/a> or 1-888-753-2235\n<\/p>\n<p><b>Ecoark Holdings Investor Contact:<br \/>\n<\/b><br \/><a rel=\"nofollow\" href=\"mailto:investorrelations@ecoarkusa.com\">investorrelations@ecoarkusa.com<\/a> or 1-800-762-7293\n<\/p>\n<p><b>KEYWORDS:<\/b> Nevada United States North America<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Apps\/Applications Technology Professional Services Metaverse Blockchain Software Internet Cryptocurrency Data Management<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230314005636\/en\/1057495\/3\/Ault_Alliance_Corporate_Logo_12202020.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230314005636\/en\/1737894\/3\/Ecoark_Holdings_Corporate_Logo_02082023.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Ault Alliance and Ecoark Holdings Announce BITNILE.COM Has Surpassed 225,000 Active Users in Under Two Weeks From Launch LAS VEGAS&#8211;(BUSINESS WIRE)&#8211;Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (\u201cAult Alliance\u201d or \u201cCompany\u201d ) and Ecoark Holdings, Inc., to be renamed BitNile Metaverse Inc. (\u201cEcoark\u201d) (Nasdaq: ZEST) announced today that in just 12 days from the launch of the early access version of its metaverse platform (\u201cPlatform\u201d), BITNILE.COM has surpassed the milestone of 225,000 7-day active users. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230314005636\/en\/ The Platform, which went live to the public on March 1, 2023, offers a preview of the foundational world and related activities. New features and functionality are continuing to be added &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ault-alliance-and-ecoark-holdings-announce-bitnile-com-has-surpassed-225000-active-users-in-under-two-weeks-from-launch\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Ault Alliance and Ecoark Holdings Announce BITNILE.COM Has Surpassed 225,000 Active Users in Under Two Weeks From Launch&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-739710","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ault Alliance and Ecoark Holdings Announce BITNILE.COM Has Surpassed 225,000 Active Users in Under Two Weeks From Launch - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ault-alliance-and-ecoark-holdings-announce-bitnile-com-has-surpassed-225000-active-users-in-under-two-weeks-from-launch\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ault Alliance and Ecoark Holdings Announce BITNILE.COM Has Surpassed 225,000 Active Users in Under Two Weeks From Launch - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Ault Alliance and Ecoark Holdings Announce BITNILE.COM Has Surpassed 225,000 Active Users in Under Two Weeks From Launch LAS VEGAS&#8211;(BUSINESS WIRE)&#8211;Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (\u201cAult Alliance\u201d or \u201cCompany\u201d ) and Ecoark Holdings, Inc., to be renamed BitNile Metaverse Inc. (\u201cEcoark\u201d) (Nasdaq: ZEST) announced today that in just 12 days from the launch of the early access version of its metaverse platform (\u201cPlatform\u201d), BITNILE.COM has surpassed the milestone of 225,000 7-day active users. This press release features multimedia. View the full release here: https:\/\/www.businesswire.com\/news\/home\/20230314005636\/en\/ The Platform, which went live to the public on March 1, 2023, offers a preview of the foundational world and related activities. 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