In Case You Missed it #Cannabis News; Sun Kissed
Industries Inc. (OTCMKTS: $SKDI) - Numuni Completes Phase 1, Begins Revenue
Generating Phase 2 With #Blockchain Technology Integration; @sunkissinc
NEW YORK, May 1, 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/05011SunKissed-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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