Business
RCI Announces Tip-N-Strip NFT Guest Benefits Program
HOUSTON, April 6, 2022 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced today that, through its subsidiary RCI Development Services,
About this update from Rci Hospitality Holdings, Inc.
[{"type":"text","content":"HOUSTON, April 6, 2022 /PRNewswire/ -- RCI Hospitality Holdings, Inc. (Nasdaq: RICK) announced today that, through its subsidiary RCI Development Services, Inc., it is launching a guest benefits program initially available for use at 36 of its top subsidiary club locations.\n\n \n \n \n \n \n \n\n \nThe program, Tip-N-Strip, will be the ultimate party pass. An Annual Holder's Party will be held at Tootsies Cabaret Miami for all members of the program. Membership will also give holders access to private parties, VIP experiences, and a wide range of other benefits.\nMembership will only be granted through the purchase of a Tip-N-Strip NFT (Non-Fungible Token). The NFT is expected to be available for purchase on the Tip-N-Strip.io website in late June. Secondary sales will be on the OpenSea marketplace.\nRCI Development Services is focused on providing what it has defined as the three main components of a successful NFT and guest benefits program: community, utility and art. The NFT will combine unique 3D realistic art and groundbreaking utility that leverages industry-standard Web2 technologies to seamlessly integrate with Web3 solutions.\nThe collection will consist of 10,000 unique 3D generated realistic artworks that will be fully whitelisted to active community members in the Tip-N-Strip program. The rarity of the NFT will be randomized and available upon reveal 48 hours after mint. The rarity will determine the holder's utility.\nBase utility for all NFTs will include free admission for the holder and a guest into all 36 locations participating in the program as well as access to private events and annual parties hosted by RCI Development Services.\nThe program was announced at Miami NFT Week this past weekend. Visit Tip-N-Strip.io to sign up for email alerts on new developments.\nAbout RCI Hospitality Holdings, Inc. (Nasdaq: RICK) www.rcihospitality.com\nWith more than 50 units, RCI Hospitality Holdings, Inc., through its subsidiaries, is the country's leading company in gentlemen's clubs and sports bars/restaurants. Clubs in New York City, Chicago, Dallas-Fort Worth, Houston, Miami, Minneapolis, Denver, St. Louis, Charlotte, Pittsburgh, Raleigh, Louisville, and other markets operate under brand names such as Rick's Cabaret, XTC, Club Onyx, Vivid Cabaret, Jaguars Club, Tootsie's Cabaret, and Scarlett's Cabaret. Sports bars/r...