Sun Kissed's Numuni Set to Launch Cryptocurrency Coin and Marketplace for Mid-September
Numuni Set to Launch Cryptocurrency Coin
and Marketplace for Mid-September
NEW YORK, NY
-- August 26, 2020 -- InvestorsHub NewsWire
-- Numuni, Inc. ("Numuni"
"Company"), a subsidiary of Sun Kissed
Industries, Inc. (OTC
SKDI) ("Sun Kissed", "SKDI") specializing in
management and online ad monetization technology, is excited to
its plans to launch
a new cryptocurrency coin (the "NuCoin") as well as a
Numuni is a powerful
monetization platform developed for digital media publishers,
software providers, and online games. It enables the
privacy-friendly monetization of users' spare computer processing
power, incentivizing participation through premium digital media
content distribution. NuMuni is a revolutionary solution to the
increasing impotence of traditional digital advertising strategies.
Freed resources are pooled to form a distributed supercomputer that
can mine cryptocurrency, run scientific simulations, train AIs,
perform 3D rendering, and undertake many more
Thus far, Numuni has already
signed a number of major pre-commitment deals with a variety
of websites providing a total access to over 800 million users
around the world. With that breadth and reach, the Company believes
it can achieve a powerful revenue stream driven by average revenues
per user (ARPU) of between $0.20 – $40.00 per month, depending on
end-user processing power.
According to the Company,
tokens of NuCoin will be awarded to users of Numuni's software or mobile
currency. Virtual currency can be spent
to gain access to digital content rewards and to remove
advertisements from popular digital media websites. Tokens
be exchanged for
USD or other popular cryptocurrencies
future crypto marketplace.
Each computer and mobile phone
with Numuni installed will serve as a node in the Numuni
blockchain, creating a network of millions of newly adopted crypto
"The biggest challenge
surrounding the crypto industry is achieving widespread
CEO of Numuni. "We plan to take advantage
of our unique digital content
monetization distribution model to be the first crypto company to
successfully achieve mass adoption."
On July 22, the Office of the Comptroller of
the Currency (the "OCC") published a letter clarifying
national banks' and federal savings associations' authority to
provide cryptocurrency custody services for customers.
In the letter, the
OCC concluded that "providing cryptocurrency
custody services, including holding unique cryptographic keys
associated with cryptocurrency, is a modern form of traditional
bank activities related to custody services", which represents a
landmark decision clearing the way for more growth in
cryptocurrency use ahead.
Management notes that
cryptocurrencies have been outperforming traditional assets this
year as well, with the price of Bitcoin up over 150% since its lows
Numuni is developing
breakthrough technologies that aim to disrupt the digital
marketplace for paid content by making use of the vast amount of
unused computing resources that personal computer desktops have.
Numuni has a unique technology that is positioned to transform the
user experience of consuming digital content, increasing the
content provider's earnings as they deliver that experience, as
well as leverage the GPU computing power as a commodity to increase
efficiency and cost savings.
General information about
Numuni, Inc. can be obtained at the company's website at numuni.io.
on Twitter and find
Numuni, Inc on Facebook at https://www.facebook.com/numuni.io
Sun Kissed Industries,
Sun Kissed Industries Inc.
SKDI) is an emerging leader in the
development and sale of CBD consumables, digital content
management, and online ad monetization
The Company is pursuing meaningful acquisitions as part of an
aggressive M&A strategy designed to position Sun Kissed as a
dominant player in well-defined, high-growth markets within rapidly expanding
This press release may contain
forward-looking statements, including information about
management's view of Sun Kissed Industries Inc.'s future
expectations, plans and prospects. In particular, when used in the
preceding discussion, the words "believes," "expects," "intends,"
"plans," "anticipates," or "may," and similar conditional
expressions are intended to identify forward-looking statements.
Any statements made in this news release other than those of
historical fact, about an action, event or development, are
forward-looking statements. These statements involve known and
unknown risks, uncertainties and other factors, which may cause the
results of Sun Kissed, its subsidiaries and concepts to be
materially different than those expressed or implied in such
statements. Unknown or unpredictable factors also could have
material adverse effects on Sun Kissed's future results. The
forward-looking statements included in this press release are made
only as of the date hereof. Sun Kissed cannot guarantee future
results, levels of activity, performance or achievements.
Accordingly, you should not place undue reliance on these
forward-looking statements. Finally, Sun Kissed undertakes no
obligation to update these statements after the date of this
release, except as required by law, and also takes no obligation to
update or correct information prepared by third parties that are
not paid for by Sun Kissed.
SOURCE: Sun Kissed