{"id":741626,"date":"2023-03-21T09:53:46","date_gmt":"2023-03-21T13:53:46","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/ecoark-holdings-changes-its-name-to-bitnile-metaverse\/"},"modified":"2023-03-21T09:53:46","modified_gmt":"2023-03-21T13:53:46","slug":"ecoark-holdings-changes-its-name-to-bitnile-metaverse","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/ecoark-holdings-changes-its-name-to-bitnile-metaverse\/","title":{"rendered":"Ecoark Holdings Changes Its Name to BitNile Metaverse"},"content":{"rendered":"<h2>\nBitNile Metaverse to Focus on Platform for 3D Immersive Games, eCommerce, Live Streaming Entertainment and More<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p align=\"justify\">LAS VEGAS, March  21, 2023  (GLOBE NEWSWIRE) &#8212; <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=eJe4KvRwBkFbZpTYu1tp-FCj1GIVLO7m4ImuXMBw1tTCujEntMJqYpO3xLS-yoYDCOmDzNQb0iw4hpbsT7EB10MwHfOTSg5CPwByH174qmM=\" rel=\"nofollow noopener\" target=\"_blank\">BitNile Metaverse, Inc.<\/a> (Nasdaq: BNMV) (\u201c<strong>BitNile Metaverse<\/strong>\u201d or the \u201c<strong>Company<\/strong>\u201d) today announced that the Company has changed its name from Ecoark Holdings, Inc. to BitNile Metaverse, Inc. effective today, March 21, 2023, to reflect its focus on growing its browser-based metaverse solution as its core business. The Company\u2019s shares will continue to be traded on The Nasdaq Capital Market. The Company\u2019s ticker symbol will change from \u201cZEST\u201d to \u201cBNMV\u201d. The name and stock ticker are the next steps after the Company\u2019s recent acquisition of BitNile.com, Inc. from Ault Alliance, Inc. (NYSE American: AULT).<\/p>\n<p align=\"justify\">According to Randy May, Chairman and CEO of the Company, \u201cAs we retire the old \u2018Ecoark\u2019 name, we are excited to embrace the booming metaverse industry and to grow our business in this high-growth sector.\u201d<\/p>\n<p align=\"justify\">BitNile Metaverse\u2019s Platform (the \u201cPlatform\u201d), which went live to the public on March 1, 2023, offers a preview of the foundational world and related activities. The Platform continues to add new features and functionality weekly, including 3D immersive games, eCommerce, live streaming entertainment, and social networking. The Platform\u2019s tiered rewards system incentivizes users to visit often and remain for longer durations, benefitting advertisers from the increased \u201cstickiness\u201d and innovative advertising models unique to the metaverse. The Platform also serves as an arena for content creators and media and entertainment companies to present their products and videos to users through their avatars in a new immersive experience.<\/p>\n<p align=\"justify\">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. BitNile Metaverse encourages the public to experience the early access version of the Platform and subsequent updates through the link <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=uj8VhZGS5ihaUQYPM9cJgNnHgPJpBksNQp-T3WK-Mg62gec0V1lfKECFo2avLMp3Iom8Tne93z2klsOxm_WBcg==\" rel=\"nofollow noopener\" target=\"_blank\">https:\/\/bitnile.com<\/a>.<\/p>\n<p align=\"justify\">For more information on BitNile Metaverse 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 href=\"https:\/\/www.globenewswire.com\/Tracker?data=nFjLONMPDiPnEMSzfMU2y7INoBkjsKfBMZ8SCQxyYF2DEkI_eTgLojMH4SanvMLAyy--bXXDoW81E3nRYEUJAg==\" rel=\"nofollow noopener\" target=\"_blank\">www.bitnile.net<\/a> or available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=8aiNpJRyvPdtLrnq5JchGjzN8fefNuiw4N2hSgrXdsYJ5V8CBguQcHqnhh1ZuW1eGdpiEOd5GOJZGx1qflsUag==\" rel=\"nofollow noopener\" target=\"_blank\">www.sec.gov<\/a>.<\/p>\n<p align=\"justify\">\n        <strong>About BitNile Metaverse Inc.<\/strong>\n      <\/p>\n<p align=\"justify\">Founded in 2011, 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., BitNile Metaverse 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. BitNile Metaverse also owns approximately 70% of White River Energy Corp (OTCQB: WTRV).<\/p>\n<p align=\"justify\">\n        <strong>Forward-Looking Statements<\/strong>\n      <\/p>\n<p align=\"justify\">This 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 Ecoark does not 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 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 the risk factors that could affect Ecoark\u2019s business and financial results which are included in Ecoark\u2019s filings with the U.S. Securities and Exchange Commission, including, but not limited to its Forms 10-K, 10-Q and 8-K. All such filings are available at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=8aiNpJRyvPdtLrnq5JchGoaWpwpU3j4OxjxOMrGJaf8mRiu6HkKmn-7-CAYTeLznFvRbcvBNYi_H1k6GRzzyQA==\" rel=\"nofollow noopener\" target=\"_blank\"><u>www.sec.gov<\/u><\/a> and on the Company\u2019s website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=nFjLONMPDiPnEMSzfMU2y3X-r6VFsunVnsMAiir9cZ9I77MLyCCd36do3TtIbRgxQh37ki0ckZoEH9bHMjJY7g==\" rel=\"nofollow noopener\" target=\"_blank\">www.bitnile.net<\/a>.<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODc5MjYxMyM1NDczNzU2IzIwOTkxMzI=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/NmFmNWJlOWQtN2Q1OS00M2FhLThmMWItMmUxMzI3ZjJlZWNhLTExMTA3MDM=\/tiny\/Ecoark-Holdings-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\">\n<pre>Contacts\r\n\r\nBitNile Metaverse Investor Contact:\r\ninvestorrelations@bitnile.com or 1-800-762-7293<\/pre>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>BitNile Metaverse to Focus on Platform for 3D Immersive Games, eCommerce, Live Streaming Entertainment and More LAS VEGAS, March 21, 2023 (GLOBE NEWSWIRE) &#8212; BitNile Metaverse, Inc. (Nasdaq: BNMV) (\u201cBitNile Metaverse\u201d or the \u201cCompany\u201d) today announced that the Company has changed its name from Ecoark Holdings, Inc. to BitNile Metaverse, Inc. effective today, March 21, 2023, to reflect its focus on growing its browser-based metaverse solution as its core business. The Company\u2019s shares will continue to be traded on The Nasdaq Capital Market. The Company\u2019s ticker symbol will change from \u201cZEST\u201d to \u201cBNMV\u201d. The name and stock ticker are the next steps after the Company\u2019s recent acquisition of BitNile.com, Inc. from Ault Alliance, Inc. (NYSE American: AULT). According to Randy &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/ecoark-holdings-changes-its-name-to-bitnile-metaverse\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Ecoark Holdings Changes Its Name to BitNile Metaverse&#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-741626","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.5 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Ecoark Holdings Changes Its Name to BitNile Metaverse - 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\/ecoark-holdings-changes-its-name-to-bitnile-metaverse\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ecoark Holdings Changes Its Name to BitNile Metaverse - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"BitNile Metaverse to Focus on Platform for 3D Immersive Games, eCommerce, Live Streaming Entertainment and More LAS VEGAS, March 21, 2023 (GLOBE NEWSWIRE) &#8212; BitNile Metaverse, Inc. (Nasdaq: BNMV) (\u201cBitNile Metaverse\u201d or the \u201cCompany\u201d) today announced that the Company has changed its name from Ecoark Holdings, Inc. to BitNile Metaverse, Inc. effective today, March 21, 2023, to reflect its focus on growing its browser-based metaverse solution as its core business. The Company\u2019s shares will continue to be traded on The Nasdaq Capital Market. The Company\u2019s ticker symbol will change from \u201cZEST\u201d to \u201cBNMV\u201d. The name and stock ticker are the next steps after the Company\u2019s recent acquisition of BitNile.com, Inc. from Ault Alliance, Inc. (NYSE American: AULT). 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(Nasdaq: BNMV) (\u201cBitNile Metaverse\u201d or the \u201cCompany\u201d) today announced that the Company has changed its name from Ecoark Holdings, Inc. to BitNile Metaverse, Inc. effective today, March 21, 2023, to reflect its focus on growing its browser-based metaverse solution as its core business. The Company\u2019s shares will continue to be traded on The Nasdaq Capital Market. The Company\u2019s ticker symbol will change from \u201cZEST\u201d to \u201cBNMV\u201d. The name and stock ticker are the next steps after the Company\u2019s recent acquisition of BitNile.com, Inc. from Ault Alliance, Inc. (NYSE American: AULT). According to Randy &hellip; Continue reading \"Ecoark Holdings Changes Its Name to BitNile Metaverse\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/ecoark-holdings-changes-its-name-to-bitnile-metaverse\/","og_site_name":"Market Newsdesk","article_published_time":"2023-03-21T13:53:46+00:00","og_image":[{"url":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODc5MjYxMyM1NDczNzU2IzIwOTkxMzI=","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ecoark-holdings-changes-its-name-to-bitnile-metaverse\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ecoark-holdings-changes-its-name-to-bitnile-metaverse\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Ecoark Holdings Changes Its Name to BitNile Metaverse","datePublished":"2023-03-21T13:53:46+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ecoark-holdings-changes-its-name-to-bitnile-metaverse\/"},"wordCount":706,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ecoark-holdings-changes-its-name-to-bitnile-metaverse\/#primaryimage"},"thumbnailUrl":"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODc5MjYxMyM1NDczNzU2IzIwOTkxMzI=","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/ecoark-holdings-changes-its-name-to-bitnile-metaverse\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/ecoark-holdings-changes-its-name-to-bitnile-metaverse\/","name":"Ecoark Holdings Changes Its Name to BitNile Metaverse - 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