Descrypto Holdings’ OpenStable Platform Celebrates Epicenter’s Victory in the Travers Stakes | news

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WEST PALM BEACH, FL, Aug. 29, 2022 (GLOBE NEWSWIRE) — OpenLocker Inc., a subsidiary of Descrypto Holdings, Inc., (“Descrypto” or the “Company”, OTC: DSRO) is pleased to announce the earnings of Celebrating Travers Stakes from Epicenter, who came runner-up in this year’s Kentucky Derby and Preakness Stakes. This was an amazing feat to win the Grade I Travers Stakes and cement his lead as the top 3-year-old colt in the country en route to competing in the Breeder’s Cup Classic. We offer the option to share the ride.

The company launched its fan-friendly Web3 and blockchain technology platform OpenStable in April ahead of the Triple Crown racing season to appeal to existing and next generation of hardcore racing fans. Owning an NFT allows entry into an exclusive community with access to a portal to exclusive content, autographed collectibles, memorabilia and experiences to allow fans to follow a horse throughout its career.

OpenLocker bridges the digital and physical worlds by providing real-world value and delivering a physical ownership card to fans who purchase a digital collectible on its platform. The limited edition platinum cards are metal wallet-sized trading cards that are hand-signed and feature the digital art on one side and a QR code on the back that leads to the digital viewer. Platinum cards with Epicenter are signed by one of Epicenter’s connections: Ron Winchell, owner, Steve Asmussen, trainer, or Joel Rosario, jockey.

OpenLocker randomly selected an Epicenter NFT owner, Randy McLeod of Pittsfield, MA, to be an invited guest in the paddock prior to the Travers Stakes. McLeod was also pleased to participate in the Winner’s Circle following Epicenter’s connections. He said: “I literally had the time of my life. I want to thank OpenLocker for making this an incredible day.”

Howard Gostfrand, CEO of Descrypto, stated, “I had the incredible opportunity to be in Saratoga and witness Epicenter win the historic Travers Stakes. Being able to deliver a win of this magnitude to our Epicenter NFT holders increases connectivity and engagement with the sport that has been the inspiration for OpenStable from the beginning,” said Howard Gostfrand, CEO of Descrypto.

“It’s so important that the industry supports innovative ideas that help nurture, develop and inspire a new generation of racers,” said Epicenter Owner Ron Winchell of Winchell Thoroughbreds LLC. He continued, “The platform offers this once in a lifetime experience for the fan that cannot invest in a horse but wants a real connection to the sport.”

For more information on OpenStable and the utilities and rewards offered to NFT owners, visit openstable.io.

About Descrypto Holdings, Inc.

Descrypto is a holding company focused on blockchain technology and digital assets, including the world of non-fungible tokens (NFTs) and the metaverse. We focus on the NFT and blockchain infrastructure markets for sports and entertainment, offering investors the opportunity to invest directly in this emerging industry. Through its subsidiary OpenLocker, Descrypto connects fans and athletes with innovative digital collectibles, and through OpenStable, which is part of the OpenLocker ecosystem, Descrypto makes the first purebred racing digital collectibles available to a growing next generation of fans. Descrypto is focused on creating shareholder value through the acquisition and development of high quality businesses and key personnel while increasing the value and adoption of blockchain technologies worldwide.

Forward-Looking Statements

This press release contains forward-looking statements. All statements contained in this press release, other than statements of historical fact, are forward-looking statements. In some cases, forward-looking statements are identified by words such as “believe”,“expect,”“anticipate,”“to plan,”“Potential,”“next” or similar expressions. Such forward-looking statements involve 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 undue reliance on forward-looking statements, which involve known and unknown factors, uncertainties and other factors, some of which are beyond the Company’s control and 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 its operations, results of operations, growth strategy and liquidity. The Company undertakes no obligation to publicly update or revise any of these forward-looking statements for any reason, or to update the reasons that cause actual results to 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

[email protected]

Copyright 2022 GlobeNewswire, Inc.

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