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Sysorex Enters Non-Fungible Tokens (NFTs) Augemented Actuality Market

With Funding in The Hunt – Launching NFTs with New Advisory Board Member Michael Bay

Michael Bay, Producer and Director of Movies Grossing Almost $10 Billion, Purchases Sysorex Widespread Inventory and Joins the Sysorex Advisory Board

Bay and Sysorex to Supply Novel NFTs Based mostly on Bay’s Franchise Properties and Iconic Designs with Bay’s Signature Artistic Method

LOS ANGELES and MIAMI and HERNDON, Va., Sept. 27, 2021 (GLOBE NEWSWIRE) — Sysorex (OTCQB: SYSX) (“Sysorex” or the “Firm”), the preeminent, U.S.-based, publicly traded Ethereum mining and applied sciences firm, immediately introduced that it has accomplished an funding in The Hunt, a artistic market powered by Ethereum Blockchain expertise to develop, show and promote augmented actuality NFTs enhanced for immersive, mixed-reality-world platforms, and merchandise by means of curated releases and experiences for the Metaverse in music, trend and leisure.   The Hunt has already generated greater than 2 million downloads with greater than 500 thousand distinctive month-to-month guests.

The Hunt is a artistic market powered by the Ethereum Blockchain designed for streamlined purchases or gross sales of NFTs, powered by augmented actuality expertise. The NFTs are distinctive, one-of-a-kind and digitally verifiable, constructed and saved on the Ethereum Blockchain, and prepared for novel show by software, web site or viewable by means of augmented actuality glasses. The NFTs could also be introduced into the bodily world as merchandise or by means of distinctive, distinctive prolonged actuality (XR) visible experiences.

Sysorex is main The Hunt’s new enterprise and is joined in its funding in The Hunt by a lot of well-regarded buyers together with Michael Rubin, the bulk proprietor and CEO of Fanatics, the world’s main supplier of sports activities merchandise, and Government Chairman of Ruelala and Gilt; Rocco Basilico, Chief Wearables Officer of Luxottica, the world’s largest eyewear firm; and Nick Ntertsas, a distinguished early-stage investor and Founder and CEO of the expansive Ethernity NFT market and investor at Bitcoin.com.

Michael Bay is an American movie director and producer, finest identified for his big-budget, high-concept motion movies together with the enduring Transformers motion pictures, Armageddon, Pearl Harbor, Dangerous Boys, The Island, Ache & Achieve and The Rock. Certainly one of Hollywood’s most bankable characteristic movie administrators, he has three tv exhibits in manufacturing and is at present producing 4 new movies. He has gained nearly each main award within the trade together with Cannes’ Golden Lion, the Grand Prix Clio, and the Administrators Guild of America’s Industrial Director of the Yr award. His “Bought Milk?” marketing campaign resides within the everlasting assortment of New York’s Museum of Fashionable Artwork.

Wayne Wasserberg, CEO of Sysorex, commented, “With our expertise that spans the chance set of the Ethereum Blockchain and Michael permitting us to help his creativity with our expertise and NFTs that seize his cinematic signature, we’re honored that he has change into the primary member of our newly-formed blockchain applied sciences Advisory Board and a big shareholder of Sysorex. We got down to discover the perfect firm that would launch these new NFTs and that has led to our funding and growth enterprise with The Hunt, and together with Michael, we look ahead to working with Natalia and her crew.”

Given the fast and expansive proliferation of the NFT market and cryptocurrencies, The Hunt’s founders strategically expanded their trend social community enterprise mannequin to curated, digital immersive experiences that improve fashionable tradition. The Hunt takes an revolutionary strategy to NFTs by means of a strong convergence of expertise integration delivering customers a premium person expertise In Actual Life (IRL) and the Metaverse.

The Hunt’s breakthrough capabilities embrace an augmented actuality app permitting customers to showcase their NFT collectibles inside IRL areas. The Hunt has streamlined cost of NFTs, permitting customers to buy NFTs securely with their bank cards for a seamless checkout course of. The platform will proceed to increase in 2022, with a gamification rewards system and academic content material incorporating the most recent updates and developments inside the ecosystem of cryptocurrency and blockchain.

“We’re excited to welcome Sysorex as an investor in The Hunt and we look ahead to collaborating for growth actions throughout immediately’s rising applied sciences and within the NFT area,” stated Natalia Diaz, CEO of The Hunt. “A partnership with Sysorex and their expertise with the Ethereum Blockchain, the place Sysorex additionally contributes considerably to hash charge, securing the Blockchain, will permit our companies to develop collectively exponentially as we transition to the way forward for the web within the Metaverse. Think about the chances of NFTs capturing a brand new imaginative and prescient for Michael’s unique franchises together with Transformers, Armageddon, Dangerous Boys, Teenage Mutant Ninja Turtles, Pearl Harbor, Friday the 13th and extra.”

Michael Bay acknowledged, “As I take measure of this evolving world, the proliferation of cryptocurrencies, and the platform for artistic growth offered by NFTs and augmented actuality, I notice the worth of my contributions that I imagine will improve the person’s expertise having fun with NFTs IRL and inside the Metaverse. Given Sysorex’s experience with the Ethereum Blockchain and our joint imaginative and prescient, I’m excited to affix Sysorex’s Advisory Board and I’ve accomplished a considerable buy of Sysorex inventory in order that we will be totally aligned as Sysorex expands into XR applied sciences and the NFT area, together with with this newest funding in The Hunt.”

ABOUT SYSOREX, INC.

Sysorex, Inc. (“Firm”) is an information heart proprietor and operator and is the preeminent U.S.-based, publicly traded Ethereum mining and Ethereum Blockchain applied sciences firm. Following the Firm’s merger with TTM Digital Property & Applied sciences, Inc. (“TTM”), the Firm shifted its main enterprise focus to the mining of Ether (ETH) and alternatives associated to the Ethereum Blockchain. The Firm at present owns and operates roughly 10,000 NVIDIA GPUs producing roughly 500 Gigahash of computing energy, which GPUs embrace hundreds of Cryptocurrency Mining Processors (“CMPs”). These GPUs are at present on-line and securing the Ethereum Blockchain and producing ETH across the clock with trade main effectivity. Along with the mining of ETH, the Firm continues to function its wholly owned subsidiary, Sysorex Authorities Providers, Inc. (“SGS”), a enterprise that gives data expertise merchandise, options and companies to federal, state, and native authorities, together with system integrators. The Firm can also be advancing methods to leverage decentralized finance (“De-Fi”) and Non-Fungible Token (“NFT”) alternatives powered by the Ethereum Blockchain.

Protected Harbor Assertion

All statements on this launch that aren’t based mostly on historic reality are “forward-looking statements” inside the that means of the Personal Securities Litigation Reform Act of 1995 and the provisions of Part 27A of the Securities Act of 1933, as amended, and Part 21E of the Securities Alternate Act of 1934, as amended. These statements embrace, however will not be restricted to, statements referring to the scale and timing of the providing, the anticipated use of any proceeds from the providing, and the impression of the closing on the Firm’s enterprise, operations, and techniques. The phrases “anticipate,” “imagine,” “proceed,” “might,” “estimate,” “anticipate,” “intend,” “might,” “plan,” “potential,” “predict,” “undertaking,” “ought to,” “goal,” “will,” “would,” and comparable expressions are meant to determine forward-looking statements, though not all forward-looking statements comprise these figuring out phrases. Ahead-looking statements on this communication embrace, amongst different issues, statements in regards to the potential advantages of the non-public providing, the meant use of proceeds, and potential or assumed enterprise methods of the Firm.

Whereas the Firm has based mostly any forward-looking statements included on this launch on its present expectations, the data on which such expectations have been based mostly might change. These forward-looking statements depend on a lot of assumptions regarding future occasions and are topic to a lot of dangers, uncertainties and different elements, lots of that are exterior of the management of the Firm and its subsidiaries, which might trigger precise outcomes to materially differ from such statements, together with the uncertainties associated to market circumstances and the completion of the providing on the anticipated phrases or in any respect, the opposite elements mentioned within the “Danger Components” part of the Firm’s Present Report on Type 8-Okay filed with the Securities and Alternate Fee on June 24, 2021 and the Firm’s subsequent periodic stories, and the dangers and uncertainties described in different filings that the Firm made or might make with the Securities and Alternate Fee. Any forward-looking statements contained on this press launch converse solely as of the date hereof, and the Firm particularly disclaims any obligation to replace any forward-looking assertion, whether or not because of new data, future occasions, or in any other case.

Investor Relations
Crescendo Communications, LLC
David Waldman/Natalya Rudman
Tel: (212) 671-1020
E-mail: SYSX@crescendo-ir.com

Firm – info@ttmdigitalassets.com

Investor Relations – ir@ttmdigitalassets.com

Jimmy Caplan, Market Makers

Public Relations – pr@ttmdigitalassets.com

Sysorex Enters Non-Fungible Tokens (NFTs) Augemented Reality Market 1

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