Descrypto Holdings’ Subsidiary OpenLocker to Launch the Gataverse to Empower University of Florida Student-Athletes to Engage with Fans through Innovative Collectibles

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West Palm Beach, Florida, Aug. 09, 2022 (GLOBE NEWSWIRE) -- OpenLocker, Inc, a subsidiary of DesCrypto Holdings Inc., (“Descrypto” or the “Company” OTC: DSRO) is excited to announce the launch of Gataverse, an exclusive community dedicated to connecting University of Florida Gators fans and student-athletes. The Gataverse collection will be released in September on OpenLocker’s fan friendly platform that utilizes blockchain technology to power fan engagement. Male and female athletes in all sports will have the opportunity to share the profits from sales of their digital and physical collectibles featuring their Name, Image and Likeness (NIL). Digital collectibles will provide proof of ownership and access to the club along with next level utility and experiences for University of Florida alumni, staff, students, and fans.

OpenLocker connects the digital and the physical world by offering real world utility and delivering a physical token of ownership to fans who purchase a digital collectible on its platform. The limited edition platinum cards are wallet-sized, metal collectible cards that are hand-signed by the athlete and feature the digital art on one side and QR code on the back which directs to the digital viewer. Gataverse members will also receive a randomly generated and authenticated Gataverse avatar with a unique combination of traits, or picture for proof (PFP). Once claimed, the PFP functions as a digital key for members to access VIP events and receive rewards from local, regional and national retailers.

OpenLocker’s fan friendly platform removes obstacles to the adoption of digital collectibles by accepting both fiat and cryptocurrency as well as minimizing the steps required to set up a digital wallet to store tokens. The company successfully demonstrated how to use blockchain technology to monetize college NIL with the release of the Bone Yard Huskzy Club NFT Collection featuring the entire men’s basketball team at the University of Connecticut. OpenLocker plans to include athletes in a variety of University of Florida sports programs, including men’s and women’s basketball, football, baseball, softball, gymnastics and soccer. By entering into an NIL agreement with OpenLocker, athletes will be able to offer fans personalized collectibles, gear and experiences.

Brian Klatsky, founder of OpenLocker, said “We look forward to offering fans access to their favorite Gators student-athletes with innovative digital collectibles. Our goal is to work with all athletes, teams and collectives. The University of Florida has over 450,000 Alumni in every state and in more than 150 Countries. There are currently over 50,000 students enrolled at UF. This is a tremendous, highly engaged group for us to target. We look forward to rolling out a robust rewards program and member experience for the ravenous Gators fanbase.”

To learn more about the Gataverse and sign up for early access, visit: gataverse.io.

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