Mr. John McMahon reports

PROPHECY DEFI ANNOUNCES NEW APPOINTMENT TO BOARD OF DIRECTORS

Prophecy Defi Inc. has appointed Andy Dayes to the company's board of directors, effective immediately.

Mr. Dayes has 30 years experience in the financial services industry as an entrepreneur, a company principal, and a senior executive working with large financial institutions such as Wells Fargo and entrepreneurial firms such as Next Edge Capital and Efficient Capital in the institutional capital-raising space.

"I am excited to be joining Prophecy Defi's board and looking forward to the opportunity to help contribute to the company's growth," said Mr. Dayes.

"The board of directors and I are excited to welcome Andy to the company. His business experience will be hugely valuable to our board and company moving forward," said John McMahon, chief executive officer, Prophecy Defi.

The company would also like to announce the resignation of Charlie Morris from its board of directors, effective immediately.

"On behalf of the board and the company, I would like to thank Charlie for his contributions to Prophecy Defi," said Mr. McMahon, CEO, Prophecy Defi. "We wish him the very best in his future endeavours."

About Prophecy Defi Inc.

Prophecy Defi provides retail and institutional investors with access to the decentralized finance sector by bridging the gap between DeFi and traditional finance. Prophecy Defi invests in diverse DeFi and Web 3.0 start-ups to create new business opportunities in a coherent ecosystem.

We seek Safe Harbor.