Naples, FL, April 6, 2022 (OTC DISCLOSURE & NEWS SERVICE) – Bell Buckle Holdings Inc. (OTC PINK: BLLB) has reached an agreement in principle to acquire Virtual Robotics League (www.virtualroboticsleague.com) from CEO Robert Clegg. The original assets and IP will be the basis for launching a new category of crypto gaming in the metaverse known as “Learn 2 Earn” games. Following the worldwide emergence of “play to earn” crypto gaming, now is the time to lead the innovation in educational gaming. The Virtual Robotics League (VRL) is poised to be a leading esport for robotics and STEM education in the metaverse.
Robotics and AI will play a huge role in the future of work. It is projected that as much as 30% of the workforce will be displaced in the next 10 years by robotics and AI, one of the greatest workforce shifts since the farming or industrial revolutions. Virtual Robotics League esports tournaments in the metaverse will give access to millions more students and schools that can’t afford to participate in traditional robotics leagues that are dependent on expensive hardware and team travel.
The esports industry is forecasted to generate close to $2 Billion in revenue in 2022, while the educational games market is projected to reach $88 Billion by 2027. Mr. Clegg ignited the game-based learning movement with a previous venture as Co-Founder and Chief Product Officer for Tabula Digita, creating the first action adventure video game to teach algebra, played by over 7M players in 40 school districts. This seminal educational title had multiplayer functionality right out of the box creating fanatical interest in classrooms and winning the top awards in the edtech industry. Today, esports is becoming part of the fabric of after-school programs.
The Company will be releasing a white paper for “Learn 2 Earn” gaming in the metaverse, along with a roadmap of development milestones, to update our shareholders and the public regularly. VRL will be integrating the use of NFTs and crypto currencies to add value to both learning and playing in the league.
“The existing capital structure of Bell Buckle Holdings will allow us to take an asset already on the books, turn it into cash and invest that into a high growth industry – esports and educational gaming. We will sell off in bulk the delinquent debt assets previously contracted for and reinvest the cash into VRL and the other educational gaming IP,” said Mr. Clegg.
Mr. Clegg has been a leader in this industry for over 25 years. His work has led to original education research and development on work funded by the Gates Foundation (www.gatesfoundation.org). He has a history of innovation in multiple verticals in gaming, including sports, children’s media, and education. He’s created original IP and managed production from conception through development.
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For more information:
CONTACT: Robert Clegg, CEO
5660 Strand Court: Unit #107
Naples, FL 34110
Email: info@bellbuckleholdings.com
Website: www.bellbuckleholdings.com