REIT - BOTS Inc. Announces Formation of the First Metaverse REIT; Appoints a Seasoned Real Estate Advisor
San Juan, Puerto Rico - (NewMediaWire) - January 5, 2022 - BOTS,Inc. (OTC: BTZI), ("BOTS" or "The Company"), a globaltechnology conglomerate specialized in Blockchain-based solutions includingdecentralized finance applications, cybersecurity, crypto generation, miningequipment repair, extended warranty contracts, and its upcoming proprietaryMetaverse based on the terrestrial Las Vegas, VEGAS.MV announced today that itcreated a Metaverse real estate investment trust ("REIT"). Under ourbranding, REIT.MV™, BOTS INC will mint a specialized token (REIT.MV token)which will be listed on several crypto exchanges.
The Company has acquired the domain www.REIT.MV inaddition to www.Vegas.MV and www.index.mv forwhich the Company intends to operate the first Metaverse index.
BTZI Management believes thoseare high-value key domain properties for the Metaverse industry. BTZI willfocus on developing, buying, renting, and minting virtual real estate in theMetaverse with profits to be distributed to the investors that will own REITtokens based on smart contracts, similar to a traditional real estateinvestment trust. The upcoming REIT.MV™ company will be fully compliant withall crypto regulations and will provide an alternative investmentopportunity.
Forbes recently published anarticle titled: "The Metaverse Is A $1 Trillion Revenue Opportunity.Here's How To Invest..." The Metaverse, as the article explains, is partof the next iteration of the internet some are calling Web 3.0—and it promisesto upend everything as we know it. Within the next few years, we will all work,play, socialize and invest in this all-encompassing ecosystem, whether thatmeans attending a professional conference at a virtual Four Seasons hotel,shopping for a new designer handbag for our digital avatar, or swinging throughthe New York City skyline with or as Spider-Man. It's no wonder, then, why manycompanies and investors are scrambling to gain a foothold in the emergingdigital ecosystem that is the Metaverse, estimated by Grayscale Investments tobe a trillion-dollar revenue opportunity. Investment banking group Jeffriesbelieves investing in the Metaverse will be like investing in the earliest daysof the internet. Head of thematic research Simon Powell says investors shouldfocus first on hardware providers, then software providers, then on companiesthat operate within the Metaverse.
"This plan provides BTZIshareholders numerous strategic and financial benefits, including enhancinglong-term shareholder value," said S. Rubin, BOTS interim CEO. "Weare creating a new Metaverse growth platform to allow it to more effectivelyexecute our strategic initiatives, including greater diversification intoMetaverse space."
Other real estate companies havealready made a move to the Metaverse. On December 9, 2021, Forbes reported thatthe blockchain infrastructure company, Alchemy, was launching its own venturecapital fund.
BOTS appointed Mr. Ben Soifer asits first REIT advisor. He is the Chief Investment Officer and Founder of MoneyManagement Investment Fund, LLC.
About Management InvestmentFund, LLC
Ben Soifer has been verysuccessful through the commercial real estate markets of California and Texas.Growing up in poverty, and having to make sacrifices at an early age, taughtBen financial discipline. From being a Realtor to maintaining a focus on realestate investments, Ben has done it all. Through his podcast, Money ManagementToday, he is constantly revealing tips on how to make money in real estatemarkets. Digging into his years of experience in commercial real estateinvesting, Ben Soifer indicated that flex spaces could be the desired middleground for landlords and commercial tenants, especially as the economy isstarting to re-open. Traditionally, flex spaces are designed to fit everycommercial need of their prospective tenants. They can be used as showrooms,offices, retail outlets, and more. Ben Soifer expects that commercial tenantswill be yearning for these types of spaces and that commercial propertyinvestors need to be prepared to shift their strategies to accommodate this newdemand on the commercial real estate market.
For more information, pleasevisit https://moneymanagement.today/
About BOTS, Inc.
BOTS, Inc. is a global technologycompany specialized in Blockchain-based solutions, including decentralizedfinance applications, cybersecurity solutions, and owns a portfolio of digitalassets and crypto-related businesses such as BeadSwap, a decentralized cryptoexchange, Bitcoin ATM machines, and corresponding U.S. patents and CyberSecurity Group LLC, an ISO/IEC 27001:2013 Information Security ManagementSystem certified company. The Company also provides crypto mining consulting,optimization, and crypto mining equipment repair and insurance.
Track BTZI news on Facebook @https://www.facebook.com/Bots.Bz/
Follow BTZI news on Twitter@Bots_bz http://www.Twitter.com/Bots_bz
Find BTZI news at http://www.bots.bz
BOTS, Inc. has been featured inmedia nationwide, including CNBC, Bloomberg, TheStreet.com.
For more information, visit http://www.bots.bz
Visit BTZI on Facebook
https://www.facebook.com/Bots.Bz/
Follow BTZI on Twitter @Bots_bz
Forward-Looking Statements
Certain statements contained inthis press release may constitute "forward-looking statements."Forward-looking statements provide current expectations of future events basedon certain assumptions and include any statement that does not directly relateto any historical or current fact. Actual results may differ materially fromthose indicated by such forward-looking statements as a result of variousimportant factors as may be disclosed in the Company's filings. In addition tothese factors, actual future performance, outcomes, and results may differmaterially because of more general factors, including (without limitation)general industry and market conditions and growth rates, economic conditions,and governmental and public policy changes. The forward-looking statementsincluded in this press release represent the Company's views as of the date ofthis press release, and these views could change. However, while the Companymay elect to update these forward-looking statements at some point in thefuture, the Company specifically disclaims any obligation to do so. Theseforward-looking statements should not be relied upon as representing theCompany's views as of any date subsequent to the date of the press release.Such forward-looking statements are risks that are detailed in the Company'swebsite and filings.
Contact:
S. Rubin
Interim CEO
info@bots.bz
For more information, please dial **BTZI (**2894) from your mobilephone (service in beta- available on ATT and Version and Sprint networks only)