West Palm Beach, Florida, Sept. 15, 2022 (GLOBE NEWSWIRE) -- OpenLocker, Inc, a subsidiary of DesCrypto Holdings Inc., (“Descrypto” or the “Company” OTC: DSRO) is pleased to announce that it will roll out an enhanced Web3 environment that allows fans to access digital collectibles featuring their favorite athletes with a Dapper wallet. Fans who currently hold assets purchased on the OpenLocker platform will be able to transfer their collections to a Dapper wallet and seamlessly transition to the new ecosystem beginning September 16, 2022. OpenLocker utilizes the Flow blockchain to authenticate digital collectibles with efficient, secure and low-cost transactions. The Dapper wallet, developed by Dapper Labs, has become a trusted partner in blockchain development with millions of users benefiting from its integration with NBA Top Shot, NFL All Day and other large-scale consumer offerings.
OpenLocker successfully launched the Bone Yard Huskyz Club (BYHC), a next generation fan community that uses blockchain technology to connect University of Connecticut fans and student-athletes. Fans will receive a randomly generated BYHC avatar picture for proof (PFP) for each Bone Yard Huskyz Club (BYHC) digital collectible purchased featuring the Name, Image and Likeness (NIL) of a member of the 2021-2022 men's basketball team. Starting on September 16, 2022, fans will be able to claim their PFPs with a Dapper wallet upon logging into OpenLocker’s new Web3 environment. Each PFP features a male or female Huskyz avatar base layer combined with traits including a variety of different clothes and athletic gear, hairstyles and accessories. The PFP smart contract (the programmable code stored on the blockchain) enables it to function as a digital key for club membership and may be uploaded as a social media profile picture. Both Facebook and Instagram have begun blockchain integrations and are slated to fully support the Dapper Wallet in 2022. OpenLocker plans to include PFPs to enhance the fan experience of similar communities the company is launching at Pennsylvania State University, University of Florida and Radford University.
“We are excited to integrate our platform with the Dapper wallet and be able offer fans who have little or no experience with Web3 technology a seamless way to enjoy exclusive utility and rewards. Our primary goal is to empower athletes and fans with an easy onramp and simple process to engage more deeply.” said Brian Klatsky, President of OpenLocker.
To learn more about OpenLocker and its fan-friendly Web3 platform, visit: https://openlocker.io.
For more information about the Bone Yard Huskyz Club, go to https://boneyardhuskyzclub.com.
About Descrypto Holdings, Inc.
Descrypto Holdings, Inc. is a holding company focused on acquiring businesses in the sports and entertainment industry that utilize blockchain technology to enhance athletes, teams and fan’s experiences to achieve further mutual engagement and monetization opportunities. The initial acquisition is Openlocker.
Forward-Looking Statements
This press release contains forward-looking statements. All statements other than statements of historical facts included in this press release are forward-looking statements. In some cases, forward-looking statements can be identified by words such as “believe,” “expect,” “anticipate,” “plan,” “potential,” “continue” or similar expressions. Such forward-looking statements include risks and uncertainties, and there are important factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors, risks and uncertainties are discussed in the Company’s filings with the Securities and Exchange Commission. Investors should not place any undue reliance on forward-looking statements since they involve known and unknown, uncertainties and other factors which are, in some cases, beyond the Company’s control which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects the Company’s current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to operations, results of operations, growth strategy and liquidity. The Company assumes no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future.
Contact:
For more information visit: www.descrypto.io.
Investor Contact
Howard Gostfrand, CEO
305-351-9195
hgostfrand@descrypto.io
