Bitnile Metaverse, Inc.

Bitnile Metaverse is a diversified holding company engaged in three primary business segments: Oil and Gas, Financial Services, and Food Freshness Management solutions.

At Bitnile Metaverse we understand that large, mature markets can be inefficient where dominant companies dictate terms and ignore efficiency for the sake of predictable performance and stable market share. Shifts in market conditions and/or technology present opportunities for smaller, more nimble institutions that can address these inefficiencies for sizeable gains. Bitnile Metaverse specializes in identifying discounted assets that address market inefficiencies and positions them for growth and financial success.

For instance, oil demand cratered due to the pandemic just as there was oversupply from competing regional sources. That market shift laid bare overleveraged middle- and small-size companies that had to shed assets at significant discounts. This market shift provided an opportunity to acquire discounted assets and improve their efficiency to deliver oil at a lower cost basis, profitable even at depressed prices. These assets also provide significant revenue upside on a market recovery, with a potential exit as large companies reconsolidate their production portfolio.

In the fresh food industry, retailers had become accustomed to significant farm-to-shelf food waste (average of 15%) by pricing the cost into the product. The dominant retailers felt little pressure until the market shifted to grocery discounters such as Aldi, Lidl, Amazon (Whole Foods) and Dollar General. At the same time, new technology enabled a cost-effective means to monitor and manage fresh food from the field to the store, reducing waste by more than 50%. Zest Labs is a market leader in reducing food waste with a breakthrough solution based upon many innovations including 72 issued US patents. Addressing the inefficiencies that lead to food waste is an industry game changer.