Ault Alliance and BitNile Metaverse Announce Celebration of BitNile.com Grand Prix of Portland with 200,000 Token Giveaway
- BitNile.com is rewarding users with 200,000 Nile tokens for creating avatars on the Platform, aiming to attract new active memberships.
- The Platform has a rapidly growing user base of over 1.4 million engaged users and offers social gaming and virtual racetracks.
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BitNile Metaverse stated that from midnight, September 1, 2023 through 11:59 pm on September 30, 2023 (all times Eastern), any account, either new or previously active, that has a saved avatar on the Platform will be awarded a gift of 200,000 Nile Tokens for in-world use with social gaming on the Platform, including Roulette and Blackjack, the latter of which has been launched as of September 1, 2023. The Platform anticipates that the reward of 200,000 Nile tokens will be uploaded into each account within 72 hours of confirmation of the saved avatar.
The Platform is a rapidly growing virtual world with over 1.4 million engaged users. Launched earlier this year, the Platform introduced social gaming with the launch of roulette, offering users an opportunity to play for fun or real money prizes, and also allows gamers the opportunity to drive on virtual racetracks including the Indianapolis Motor Speedway. BNC also sponsors Ed Carpenter Racing, an NTT INDYCAR SERIES team that will be represented by previous
“BNC is launching this giveaway of 200,000 Nile tokens for use in the social gaming area of the Platform to achieve its goal of introducing the Platform to the widest audience possible and to gain the greatest number of new active memberships through the sponsorship of the Portland Grand Prix. We firmly believe that the BitNile.com Grand Prix of
Users can access and explore the early-access version of the Platform and receive updates by visiting https://BitNile.com.
Single-day tickets for the BitNile.com Grand Prix of
The 2023 BitNile.com Grand Prix of
About Ault Alliance, Inc.
Ault 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 offers colocation and hosting services for the emerging artificial intelligence ecosystems and other industries, and provides mission-critical products that support a diverse range of industries, including 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’s headquarters are located at 11411 Southern Highlands Parkway, Suite 24w0,
About BitNile Metaverse, Inc.
Founded in 2011, BitNile Metaverse (Nasdaq: BNMV) owns
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. 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 BitNile Metaverse 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 and BitNile Metaverse’s ability to raise capital, investors should review risk factors, that could affect either or both of the Ault Alliance’s and BitNile Metaverse’s respective businesses and financial results which are included in Ault Alliance’s and BitNile Metaverse’s respective filings with the
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Ault Alliance Investor Contact:
IR@Ault.com or 1-888-753-2235
BitNile Metaverse Investor Contact:
investorrelations@bitnile.net or 1-800-762-7293
Source: Ault Alliance Inc.