DesCrypto Holdings Inc (OTCMKTS:DSRO) Stock Gains Momentum: Here is Why

Subsidiary of DesCrypto Holdings Inc (OTCMKTS:DSRO), OpenLocker Inc, on September 30, 2022, announced a partnership with Honor, a non-profit organization helping 850 student-athletes at Penn State University. The company helps in maximizing their Names, Image, and Likeness opportunities.

Trading Data

On Friday, DSRO stock ended flat at $0.5400 with more than 2.61K shares, compared to its average volume of 1.01K shares. The stock moved within a range of $0.5400 – 0.5400 after opening trading at $0.3361.

Descrypto Holdings’ Subsidiary OpenLocker to Launch the Lionz Club to Empower Penn State University Student-Athletes to Maximize NIL Opportunities in Partnership with Success with Honor

Lionz Club, an exclusive community for Penn State fans, will connect with student-athletes harnessing blockchain and Web3 technology for delivering exclusive physical collectibles as well as memorabilia. The collectibles will be available on the fan-friendly platform to give fans access to Lionz Club utility as well as rewards.

Jason Belzer, CEO, and Co-Founder of Student-Athlete NIL said that the company is looking forward to working with OpenLocker for offering Penn State fans cutting-edge products. The CEO also said that there is no better technology partner to help develop community together and integrate digital collectibles with blockchain technology.

Brian Klatsky, founder of OpenLocker expressed excitement about offering Nittany Lions fans access to favorite student-athletes with next-generation collectibles. Klatsky added that it’s a win-win for both student-athletes as well as the tremendous fanbase at Penn State.

OpenLocker launched different Fan Clubs this year including at the University of Florida, for horse racing fans, at the University of Connecticut, for fans of horse racing Jockeys as well as for Lacrosse fans.

Key Quote

“We are looking forward to working with OpenLocker to offer Penn State fans cutting edge products and experiences in exchange for their support of student-athletes. After doing our due diligence, we couldn’t find a better technology partner to help us develop a community together while seamlessly integrating digital collectibles with blockchain technology,” said Jason Belzer, CEO and Co-Founder of Student Athlete NIL.