Ecoark (ZEST) will acquire 100% of the outstanding equity of Ault Alliance’s (AULT) subsidiary BitNile.com

▤ Summary

The Platform will be device-agnostic, where users will be able to play 3D immersive games, can purchase both digital and physical products, experience various forms of entertainment, and engage with a new social networking community across any of their internet connected devices. Examples of the digital “in-world” experiences the Platform anticipates making available include slot machines, a sports book, Texas Hold’em tournaments, and various other games of chance using a sweepstakes model. The Platform is expected to have the ability to live-stream concerts and other forms of live entertainment, to create personalized avatars with fan favorite INDYCAR Series driver’s jersey and other unique digital skins. Beyond the virtual, BitNile.com’s team of expert experience curators will craft unique real-world adventures, such as events where users will be able to dine with celebrities, go behind the scenes at NYC Fashion Week, explore off-grid Patagonia on horseback, or have naming rights to a stadium. We are excited to work with the Ecoark team in creating this destination platform in the metaverse and building something we expect to be truly remarkable.” Ecoark’s Founder, Chairman and CEO, Randy May, stated, “I am grateful to continue our partnership with Todd Ault in structuring this mutually beneficial transaction.

▦ Linked Companies

Zest Technology Ltd

$1M to $5M