NEW YORK, August 26, 2020 – OTC PR WIRE — Numuni, Inc. (“Numuni” or the “Company”), a subsidiary of Sun Kissed Industries, Inc. (OTC PINK: SKDI) (“Sun Kissed”, “SKDI”) specializing in digital content management and online ad monetization technology, is excited to announce its plans to launch a new cryptocurrency coin (the “NuCoin”) as well as a cryptocurrency-powered marketplace.
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 tasks.
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 app, along with units of Numuni’s virtual currency. Virtual currency can be spent to gain access to digital content rewards and to remove advertisements from popular digital media websites. Tokens can then be exchanged for USD or other popular cryptocurrencies in Numuni’s 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 users.
“The biggest challenge surrounding the crypto industry is achieving widespread adoption,” commented Robert Reynolds, 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 in March.
About Numuni, Inc.:
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.
About Sun Kissed Industries, Inc.
Sun Kissed Industries Inc. (OTC PINK: SKDI) is an emerging leader in the development and sale of CBD consumables, digital content management, and online ad monetization technology. 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 sectors.
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 Industries Inc.