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RiskOn Announces that askROI’s Partner Meetkai Appeared on Fox Business

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RiskOn International, Inc. (ROI) partners with Meetkai, Inc. to launch askROI, an AI product designed to improve data management for businesses and individuals. The partnership was discussed on Fox Business with Charles Payne, showcasing the future of Meetkai and its mission. askROI is accepting requests for pilot programs to create custom enterprise solutions for data management and efficiency.
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With the unveiling of askROI.com, RiskOn International, Inc. has entered the competitive landscape of AI-driven data management solutions. This move could potentially open up new revenue streams for RiskOn and diversify its product offerings, which is crucial for a company listed on the Nasdaq. The partnership with Meetkai, Inc. suggests a strategic collaboration that leverages Meetkai's expertise in AI, possibly enhancing the product's capabilities and market appeal.

The announcement of the pilot programs indicates an initial phase of product testing and iteration, which is a prudent approach in the tech industry. By targeting enterprise solutions, askROI is positioning itself in a high-value segment of the market. If successful, the product could see widespread adoption, leading to increased recurring revenue and customer loyalty. However, the success of such products is highly contingent on the robustness of the technology, user experience and integration capabilities with existing systems.

The strategic partnership and product launch by RiskOn International is a significant development for investors to monitor. The AI sector is known for its high growth potential and an effective product launch could positively affect the company's stock valuation. Investors should consider the potential capital expenditures associated with the development and marketing of askROI and weigh it against the projected earnings from the new product line.

While the market for AI-driven data management is growing, it is also highly competitive, with established players like IBM Watson and Google Cloud dominating the space. RiskOn will need to demonstrate a unique value proposition for askROI to capture market share. Investors should be aware of the risks associated with entering this market, including the need for continuous innovation and the possibility of rapid obsolescence.

The launch of askROI.com represents RiskOn's foray into the burgeoning field of AI and data management. The effectiveness of askROI in improving business efficiency will largely depend on the sophistication of its AI algorithms and the ability to seamlessly integrate with diverse data systems. The collaboration with Meetkai could provide technical credibility and innovative edge needed in this sector.

From a technology standpoint, the success of askROI will hinge on its machine learning capabilities, data security measures and scalability. These factors are critical in ensuring that the product can handle large volumes of data and deliver actionable insights, which are key differentiators in the AI space. The pilot programs will be a litmus test for the product's performance and will likely provide valuable feedback for further development.

LAS VEGAS--(BUSINESS WIRE)-- RiskOn International, Inc. (Nasdaq: ROI) (“RiskOn,” or the “Company”), in partnership with Meetkai, Inc. (“Meetkai”), recently announced the launch of “askROI.com.” askROI is an innovative artificial intelligence (“AI”) product that is designed to improve the way businesses and individuals manage and access their data.

On January 8, 2024, Meetkai and members of its team appeared on Fox Business with Charles Payne to discuss the future of Meetkai and its mission along with its partnership with askROI and the Company. The recording from the live show can be found at the following link. https://www.foxbusiness.com/video/6344499590112

The Company is excited for the future of this new product and its partnership with Meetkai. askROI is currently accepting requests for its pilot programs where it seeks to create custom enterprise solutions for businesses to help manage their data and improve efficiency. Interested parties can inquire at askROI.com.

About RiskOn International, Inc.

Founded in 2011, the Company owns 100% of BitNile.com, Inc., including the BitNile.com metaverse platform (the “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. RiskOn recently formed GuyCare to open specialized men’s healthcare clinics. In addition, the Company also owns approximately 66% of Wolf Energy Services Inc. (OTCQB: WOEN) indirectly and approximately 70% of White River Energy Corp (OTCQB: WTRV) directly.

About MeetKai, Inc.

MeetKai Inc. is an AI company based in Los Angeles, California, founded by Executive Chairwoman Weili Dai and CEO James Kaplan in 2018. Listed by Forbes as a leading innovator in the AI speech space, MeetKai's AI applications have reached 75+ million users worldwide. Visit www.meetkai.com for more info and the latest MeetKai news.

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 RiskOn will 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 and RiskOn’s ability to raise capital, investors should review risk factors, that could affect RiskOn’s business and financial results which are included in RiskOn’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, Forms 10-K, 10-Q and 8-K. All such filings are available at www.sec.gov and on the Company’s website at www.riskonint.com.

ir@riskonint.com or 1-800-762-7293

Source: RiskOn International, Inc.

FAQ

What is the name of the company mentioned in the press release?

RiskOn International, Inc. (ROI)

Who did RiskOn partner with to launch askROI?

RiskOn partnered with Meetkai, Inc.

What is the ticker symbol for RiskOn International, Inc.?

The ticker symbol is ROI

What is askROI?

askROI is an AI product designed to improve data management for businesses and individuals.

Where can interested parties inquire about askROI's pilot programs?

Interested parties can inquire at askROI.com.

RiskOn International, Inc.

NASDAQ:ROI

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