BitNile to Launch Marketplace Site in March 2023 BitNile to Launch Marketplace Site in March 2023
BitNile logo

Cryptocurrencies

BitNile to Launch Marketplace Site in March 2023

by Fioney Staff

A busy and diversified company known as a crypto mining firm (among many other things) has announced a date for its next expansion. This week, BitNile announced an official launch date for BitNile.com. According to a press release, the site will go live on March 1st, 2023. When it does, it promises to be the “premiere destination for exclusive goods and VIP experiences” — all of which accept Bitcoin. Ahead of that launch date, individuals can sign up for notifications via the company’s website. BitNile says that those who register now will earn a future reward, although details on that are not yet available.

This latest project is one that Bitnile has been teasing since at least September, although the specific launch date is new. Despite this lead-up, few details about the marketplace itself are currently known.

Announcing the impending debut of the marketplace, BitNile’s CEO Milton “Todd” Ault III stated, “This has been many years in the making and are proud of the progress that Douglas Gintz and his team have made and look forward to becoming the premiere destination for exclusive goods and VIP experiences.” Ault added, “We look forward to our launch on March 1st, 2023.”

While, in the crypto world, BitNile Holdings may be known for its mining efforts, the company’s investments actually run the gamut. For example, earlier this month, a subsidiary of the company completed the acquisition of assets from Circle 8 Crane Services. Elsewhere, another BitNile subsidiary, TurnOnGreen, recently announced that it’d been selected by Best Western to be an endorsed supplier of electric vehicle charging systems at the hotel chain’s properties in North America.

Of course, that diversity could be in handy given the so-called “Crypto Winter” currently in progress. Not only are prices for numerous cryptocurrency assets far off from their highs but the recent collapses of FTX and BlockFi have only exacerbated the pain. This has led to layoffs at such companies as Robinhood, Coinbase, and more.

Looking at BitNile’s bloat of press releases coupled with some negative Twitter replies, it’s hard to know what exactly to make of the company. Plus, with few details to go off of, it’s hard to say whether this marketplace will prove to be a worthy portal or just another side project from an ultra-diversified firm. That said, those hoping to get some sort of undisclosed future reward in exchange for sharing their email address can currently do so by joining the list at BitNile.com. Hopefully we’ll learn a lot more about this marketplace as March draws near.

The "Email" field is empty, you must enter some text to proceed.The text you entered in the "Email" field appears to be invalid, please edit it and try again
Get the Latest News Delivered to Your Inbox
Small Business News

FedEx Announces Winners of 11th Annual 2023 Small Business Grant Contest

by Kyle Burbank
Nearly three months after the entry period ended, FedEx has announced the winners of its 11th annual Small Business Grant Content. This year's event saw more than $300,000 in funds going to a variety of small businesses across the nation. Last month, the company revealed 100 finalists, with that list now being narrowed down to just 10 winners. This year's grand prize winners included KindVR, The Cupcake Collection, Up In...
Summer app
FinTech News

Student Loan Benefit FinTech Summer Raises $6 Million

by Fioney Staff
For years, student debt has been one of the most talked about financial topics. What's more, while the debt itself has become a major part of many Americans' lives, discussion of student loans has become political due to efforts to forgive certain loan repayments. However, while we wait for resolution on that front, a FinTech that brings student debt benefit solutions to employers and consumers has raised a new round...
H-E-B and Central Market  credit cards
Credit Cards

Imprint Launches Credit Cards from H-E-B and Central Market 

by Fioney Staff
The FinTech Imprint is partnering with the popular Texas-based grocery chain H-E-B for a pair of new rewards credit cards. This week saw the launch of the H-E-B Visa Signature Credit Card as well as the Central Market Visa Signature Credit Card. With these two (nearly identical) options, customers will be able to earn rewards on groceries and beyond. First, both versions of the card earn up to 5% back on select...
Melissa Urban holding a Ness card
Credit Cards

Health and Wellness Rewards Card Ness Partners with Whole30

by Fioney Staff
In recent years, several unique rewards cards have come to market. These include offerings from FinTech startups as well as brands looking to do something special for their loyal fans. On that note, a recently-announced rewards credit card offering is now working with a popular brand to introduce new benefits for customers. This week, the Ness Card (which is issued by The Bank of Missouri) unveiled a new partnership with...
Choice Privileges Select Card
Credit Cards

Choice Hotels, Wells Fargo Debut Choice Privileges Select Card

by Fioney Staff
With spring well underway and the summer travel season now just around the corner, Choice Hotels and Wells Fargo have unveiled their latest co-branded credit card offering. Today, the two companies announced the Choice Privileges Select Mastercard. Carrying an annual fee of $95, this card will serve as the premium option in the hotel brand's new lineup. Looking at the Choice Privileges Select, it offers a mix of rewards categories....