Breaking #CBD and #Blockchain #Stock News for Sun Kissed
Industries Inc. (OTCMKTS: $SKDI) - Numuni Completes Phase 1, Begins Revenue Generating
Phase 2 With Blockchain Technology Integration; @sunkissinc
NEW YORK, April 30, 2020 – (Investorideas.com newswire) – Breaking cannabis/CBD and
Blockchain stock news - Sun Kissed Industries Inc. (OTCMKTS:SKDI) ("Sun Kissed", "SKDI", or
the "Company"), an emerging leader in the CBD Food and Beverage
marketplace, and Numuni, Inc. ("Numuni"), an innovative digital media
monetization platform, are pleased to announce that the integration of
Blockchain technology, a key revenue generating phase, has begun.
Read this news
featuring SKDI in full at https://www.investorideas.com/news/2020/cannabis/04301OTCSKDI-BlockchainTechnologyIntegration.asp
Harnessing the computation power of
100’s, 1000’s or 10’s of thousands of computers is a commodity that commands a
premium price. Numuni’s platform of distributed computing allows, at its most
basic level, the company to mine blockchain based assets. Expanding on this,
Numuni is developing a marketplace to allow the ‘renting’ of this processing
power to research institutes, CGI production companies, cryptocurrency mining
and more.
A recent report released by Statista
shows that the U.S public cloud services market is over $250 billion dollars in
size and expected to exceed $350 billion by 2022. While this growth rate is
phenomenal, there is a vast amount of computational resource left idle. A
webserver sits idle between page requests, a desktop PC uses near 0% of the
CPU/GPU while reading emails, all this computational power is going to waste,
that is what Numuni is tapping in to.
The Numuni client platform will be made
available across a wide variety of OS’s with an estimated $2 per machine per
month revenue. By using the platform, depending on the digital partner website,
users may have access to ad-free browsing, expanded or previously ‘pay only’
sections of a website and more. While websites may initially be the driving
force, the gaming market is massive and provides a lucrative opportunity to
reduce/eliminate ad’s for the player while increasing revenues for the
publisher and providing Numuni with additional saleable computation power.
Numuni CEO Robert Reynolds said “Our
platform, unlike others that you may be familiar with (Seti@home, Folding@home, etc) is designed from the ground
up with near limitless adaptability. Feedback from our over 6,000 beta installs
has allowed the rapid shift from Phase 1 to Phase 2. The team at Numuni is
excited to switch gears from strict R&D to a production environment
generating revenues internally via mining and externally via computational
resource contracts.“
Carl Grant, CEO of Sun Kissed, commented
“As discussed by Robert Reynolds, the Numuni platform brings massive
computational power within easy reach for many institutions, companies and
individuals. This puts Sun Kissed and Numuni at the forefront of the next wave
in the computer science field.”
About Sun Kissed Industries, Inc.
Sun Kissed Industries Inc. (OTCMKTS:SKDI) is an emerging
leader in the CBD-based products marketplace. The Company is pursuing
meaningful acquisitions as part of an aggressive M&A strategy designed to
position Sun Kissed as a dominant player in a well-defined, high-growth niche
within the rapidly expanding CBD sector.
About Numuni
Numuni is a technology platform that aims
to disrupt the digital marketplace for paid content by making use of the vast
amount of unused computing resource that personal computer desktops have. By
working with the world’s largest media publication companies, Numuni will tap
into their user base, achieving massive distributed super computing power. This
system will revolutionize the market, allowing for true, on-demand, scalable computational
power for sale on the Numuni marketplace.
FORWARD-LOOKING STATEMENTS:
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.
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