Sun Kissed Industries, Inc.’s Numuni Subsidiary Integrates Blockchain Technology, Enters Revenue Generating Phase 2
Sun Kissed Industries, Inc.’s (OTC: SKDI) NuMuni Subsidiary Numuni Inc., a monetization platform developed for digital media publishers, software providers and online games, announced today (April 30, 2020) it is moving to an integration of blockchain technology into a revenue generating Phase 2. By making its Numuni platform available to digital partner websites, it is creating a lucrative opportunity to establish distributive computing for several uses: cryptocurrency mining and ‘renting’ of this processing power to institutions. This platform has multiple internal and external revenue streams and aims to disrupt the digital marketplace for paid content.
The high technology market has drawn intense interest from media companies. stockmarketpress.com features specialized coverage of related stocks such as Sun Kissed Industries, Inc. (OTC: SKDI), Canopy Growth Corp. (NYSE: CGC), New Age Beverages Corp. (NASDAQ: NBEV), GW Pharmaceuticals PLC (NASDAQ: GWPH), Neptune Wellness Solutions Inc. (NASDAQ: NEPT) (TSX: NEPT). Aurora Cannabis Inc. (NYSE:ACB) (TSX: ACB), Supreme Cannabis Co. (OTC: SPRWF) and OrganiGram Holdings Inc. (NASDAQ: OGI).
Sun Kissed Industries, Inc.’s (OTC: SKDI) Numuni Subsidiary Integrates Blockchain Technology, Enters Revenue Generating Phase 2
Numuni Phase Two strategy is to use computational resource contracts from as many as 10’s of thousands of computers, pool their excess and idle processing power, and create distributed computing that may be monetized and sold to cryptocurrency miners or institutions such as research institutes, CGI production companies and others. Robert Reynolds, CEO and founder of Numuini, says that ‘renting’ of this harnessed power from thousands of computers can be a lucrative opportunity. Sun Kissed Industries, Inc.’s (OTC: SKDI) Numuni Subsidiary Integrates Blockchain Technology, Enters Revenue Generating Phase 2.
Numuni Designs Its Platform From The Ground Up
Reynolds, CEO of Numuni, 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 here 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.” The Numuni website www.numuni.io further explains its revenue generating Phase 2 strategy. Numuni describes its system as revolutionizing the market, allowing for true and on-demand scalable computational power for sale on the Numuni marketplace.
The Numuni client platform will be made available across a wide variety of operating systems (OS’s) with an estimated $2 per machine per month revenue. Numuni explains that a large amount of computational resource is left unused. A website, it explains, sits idle between page requests with a desktop PC owner using near 0% of the CPU/GPU while reading emails. As the bulk of the computer’s computational power goes to waste, Numuni can tap into this for its distributed computing platform. The result, it said, is saleable computation power. Sun Kissed Industries, Inc.’s (OTC: SKDI) Numuni Subsidiary Integrates Blockchain Technology, Enters Revenue Generating Phase 2.
Cloud Service Estimated To Reach $350+ Billion By 2022: Statista
Research firm Statista projects that the U.S. public cloud service will exceed $350+ billion by 2022. While the growth rate to that figure from an estimated $250 billion now is great, there remains a vast amount of computational resource left idle. By using the Numuni platform on digital partner websites, users may have access to ad-free browsing, expanded to previously ‘pay only’ sections of a website, and more.
Another potentially lucrative segment is the massive gaming market. It offers to reduce/eliminate ads for the gaming player while increasing revenue for the publisher. It provides Numuni with additional salable computational power. Sun Kissed Industries, Inc.’s (OTC: SKDI) Numuni Subsidiary Integrates Blockchain Technology, Enters Revenue Generating Phase 2.
Sun Kissed Industries, Inc. (OTC: SKDI) and Numuni At Forefront Of The Next Wave In The Computer Science Field
Carl Grant, CEO of Sun Kissed Industries, Inc.’s (OTC: SKDI), said, “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.”
Numuni’s 6,000+ Beta Installs Of Its Proprietary Digital Monetization Platform
Last week, NuMuni announced 6,000+ Beta installs of its proprietary digital monetization platform. Robert Reynolds, CEO of NuMuni, said, “These over 6,000 installs represent over 6,000 unique users that are members or visitors of an extremely high-trafficked website with whom we are forging a permanent and incredible business relationship.” The platform invites members or visitors to the site who click on the NuMuni ad to share the unused portion of their PCs processing power to earn passive income 24/7.
Reynolds said the 6,000 installs of its platform was especially impressive because the NuMuni ads were only exhibited on a soft launch in a Beta testing period.
Sun Kissed Industries, Inc. (OTC: SKDI) is an emerging leader in the CBD-based products market. It is pursuing technology acquisitions through an aggressive M&A strategy. It seeks to become a dominant player in a well-defined, high-growth niche within the CBD sector.
Source: Stock Market Press
Join Stock Market Press’ newsletter for the latest in IPO, market commentary and company profiles.
Stock Market Press is a financial news company that delivers up to date stock news, introduces private and public companies to a wide audience of investors, consumers, journalists and the general public via social media and a rapidly expanding network.
Stock Market Press
110 Wall St.
New York, NY 10005 firstname.lastname@example.org Safe Harbor Statement:
Statements in this news release may be ”forward-looking statements.” Forward-looking statements include, but are not limited to, statements that express our intentions, beliefs, expectations, strategies, predictions or any other statements relating to our future activities or other future events or conditions. These statements are based on current expectations, estimates and projections about our business based, in part, on assumptions made by management. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may, and are likely to, differ materially from what is expressed or forecasted in forward-looking statements due to numerous factors. Any forward-looking statements speak only as of the date of this news release and Stock Market Press undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date of this news release.
See Stock Market Press disclaimer: https://stockmarketpress.com/disclaimer/ SOURCE: Stock Market Press