Property and Equipment

12 Months Ended

Jul. 31, 2022

Property, Plant and Equipment [Abstract]

Property and Equipment

Note 3 – Property and Equipment

Property and Equipment consisted of the following:

					Estimated Useful
	July 31, 2022		July 31, 2021		Lives (Years)
Website	$	10,836	$	10,836	3
Accumulated amortization		4,767		1,391
Website - net	$	6,069	$	9,445

During the seven months ended July 31, 2021, the company incurred costs of $9,500 in revising and updating the website.

Amortization expense for the year ended July 31, 2022 and the period ended July 31, 2021, was $3,376 and $111, respectively.

These amounts are included as a component of general and administrative expenses in the accompanying consolidated statements of operations.

DESCRYPTO HOLDINGS, INC. AND SUBSIDIARY

NOTES TO CONSOLIDATED FINANCIAL STATEMENTS

JULY 31, 2022 AND 2021