Metaverse Platform BITNILE.COM Surpasses 675,000 Active Users in Just Over a Month
06 April 2023 - 10:00PM
Business Wire
BitNile Metaverse, Inc. (Nasdaq: BNMV) (“BitNile
Metaverse” or the “Company”), is proud to announce that
the innovative metaverse platform, BITNILE.com (the
“Platform” or “BitNile.com”), has experienced rapid
growth since its launch of early access on March 1, 2023, with over
675,000 active users from around the world. The browser-based
platform enables users to dive into immersive virtual experiences
using only their web browser. BitNile Metaverse, through its wholly
owned subsidiary BitNile.com, Inc. (“BNC”) owns and operates
the Platform.
The Platform has attracted a diverse and international audience,
who have embraced the Platform’s user-friendly design and engaging
content. As the community continues to grow, the Company is excited
to announce that BitNile.com will be adding even more in-world
games in the coming weeks.
BitNile.com’s accessibility and seamless functionality have set
it apart from other metaverse platforms. Requiring only a web
browser, users can easily jump into the metaverse without the need
for additional software or downloads. This convenience has greatly
contributed to the Platform’s rapid growth and popularity among
users.
The Platform offers a variety of experiences, from gaming and
socializing to exploring virtual worlds and creating unique
content. The upcoming addition of new in-world games is expected to
attract even more users, further expanding BitNile.com’s diverse
and vibrant community.
“We are thrilled with the tremendous growth BitNile.com has
experienced since its launch,” said Douglas Gintz, the President of
BNC. “Our commitment to delivering an accessible, browser-based
metaverse platform has resonated with users from all corners of the
globe. We are excited to continue expanding our offerings and look
forward to seeing what our users will create and experience in the
Platform.”
Users can access and explore the early-access version of the
Platform and receive updates by visiting https://BITNILE.com.
For more information on BitNile Metaverse and its subsidiaries,
the Company recommends that stockholders, investors and any other
interested parties read the Company’s public filings and press
releases available at BitNile Metaverse, Inc. or available at
www.sec.gov.
About BitNile Metaverse, Inc.
Founded in 2011, BitNile Metaverse (Nasdaq: BNMV) owns 100% of
BNC, 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 BNC, 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).
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 the Company undertakes no 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 the
Company’s business and financial results which are included in the
Company’s 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 www.sec.gov and on the
Company’s website at www.BitNile.net.
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BitNile Metaverse Investor Contact:
investorrelations@BitNile.net or 1-800-762-7293
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