BOTS, Inc. announces strategic investment in

SAN JUAN, PUERTO RICO, January 03, 2022 (GLOBE NEWSWIRE) – via NewMediaWire – BOTS, Inc. (OTC: BTZI), (“BOTS” or “The Company”), a global technology conglomerate specializing in blockchain-based solutions, including decentralized financial applications, cybersecurity, crypto generation, mining equipment repairs, extended warranty contracts and its upcoming land-based Las Vegas-based metaverse, VEGAS.MV, today announced a strategic investment in XR Casino, Inc.

XR Casino is the leading technology company specializing in multi-technology Extended Reality (XR) casino games, XR game development solutions and NFTs for the iGaming and sports betting industries. Its patent-pending platform is currently under development and plans to leverage AI, blockchain, augmented reality, mixed reality and virtual reality technologies to deliver valuable gaming experiences and services. added unprecedented.

XR Casino has completed MVP versions of its initial games, Blackjack, Roulette and Slots in AR, MR and VR, during 2021 and is on track to launch its social casino games and NFT store in the second quarter. 2022.

BTZI is the first strategic corporate investor in XR Casino and will leverage its technology to launch AR, MR and VR casinos and casino games as a service (GaaS) on its upcoming land-based Las Vegas-based metaverse.

“XR Casino’s exclusive technology and games deliver the immersive casino gaming experiences of the Metaverse to anyone with an AR-enabled smartphone, AR / MR glasses or a VR headset,” commented Simon Rubin, CEO of BOTS, Inc. . “We believe that AR will lead the way in connecting people to the Metaverse and through our strategic investment in XR Casino, we will be able to bring together players using AR, MR and VR in our next Metaverse regardless of technology or the equipment they use. “

“We are thrilled to have BOTS, Inc. as our premier strategic corporate investor and look forward to launching our games on their Las Vegas-themed metaverse,” commented Dan Martinez, Founder and CEO of XR Casino, Inc.

Virtual reality (VR) technology is a new phenomenon. This paves the way for most people to play games in the future. A report released in April 2021 by Brandessence Market Research claimed that the global virtual reality gaming market will be worth nearly $ 52.7 billion by 2025.

Recent research from Mordor Intelligence titled: EXTENDED REALITY (XR) MARKET – GROWTH, TRENDS, COVID-19 IMPACT AND FORECAST (2021 – 2026) indicated that the Extended Reality (XR) market is registering a healthy CAGR of over by 62.67% during the forecast period (2021 – 2026). The Extended Reality (XR) market is impacted by COVID-19, primarily due to several factors that include physical bottlenecks, critical e-commerce delivery limitations, retail store closings, and business chain disruptions. supply (supplier, manufacturer, distribution, wholesale, retail) and economic impacts. In addition, a player such as Avnet Inc. has implemented restructuring plans to reduce operating costs, including plans to reduce operating costs by $ 75 million per year by the year. second quarter of fiscal 2021. Avnet expects to use cash for restructuring, integration and other expenses. Such initiatives are being taken to address the uncertainty caused by the COVID-19 outbreak.

Extended Reality (XR) is currently an emerging umbrella term that encompasses immersive technologies, such as augmented reality, virtual reality, mixed reality, and other future realities that these technologies may bring. The growing demand for reduced distance between people and richer visual content is driving market demand. According to a recent Accenture survey, 80% of business leaders believe leveraging XR solutions is critical to reducing physical distance when engaging employees.

The companies are also developing supporting technologies for XR platforms, which are expected to commercialize XR technologies globally. In January 2019, Northern Digital Inc., a global manufacturer of 3D measurement and motion tracking solutions, launched its new electromagnetic sensor fusion tracking technology for the XR platform: Atraxa.

Identifying great potential in the XR field, several companies have established their XR product lines globally. For example, Qualcomm developed First Responder XR Glass which uses inertial, haptic, environmental and health sensors, eye tracking cameras, bone conduction transducers and other components aimed at smarter and faster interaction with the body. environment.

Microsoft has developed HoloLens 2, a hands-free mixed reality headset that guides the existence of XR. It enables 3D visual training, hands-free video calls and generates a virtual floor or room plan.

About XR Casino, Inc.

XR Casino is the leading technology company specializing in multi-technology Extended Reality (XR) casino games, gambling solutions and XR game development solutions for the iGaming and sports betting industries. We harness the power of AI, blockchain, augmented reality, mixed reality and virtual reality technologies to deliver unprecedented value-added gaming experiences and services.

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About BOTS, Inc.

BOTS, Inc. is a global technology company specializing in Blockchain-based solutions, including decentralized financial applications, cybersecurity solutions, and has a portfolio of digital assets and crypto-related businesses such as BeadSwap, a decentralized crypto exchange, Bitcoin ATMs and corresponding US patents and Cyber ​​Security Group LLC, an ISO / IEC 27001: 2013 Information Security Management System certified company. The Company also provides consulting, optimization and repair and insurance services for crypto-mining equipment.

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Forward-looking statements

Certain statements contained in this press release may constitute “forward-looking statements”. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to historical or current fact. Actual results may differ materially from those indicated in these forward-looking statements due to various important factors as may be disclosed in the documents filed by the Company. In addition to these factors, actual performance, results and future results may differ materially due to more general factors including (but not limited to) general industry and market conditions and growth rates. , economic conditions and changes in government and public policy. The forward-looking statements included in this press release represent the opinions of the Company as of the date of this press release, and such opinions could change. However, although the Company may choose to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be taken as representing the views of the Company as of a date subsequent to the date of the press release. These forward-looking statements are risks which are detailed on the Company’s website and documents.


S. Rubin

Interim CEO

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