News - Sunstock, Inc.’s (SSOK) Management Team Moves Forward with “Triple 8,” Precious Metal Asset Back Crypto Tokens
Blockchain Strategist and Angel Investor Mr. James Sowers Becomes Company Advisor
SACRAMENTO, CA, Aug. 13, 2018 (GLOBE NEWSWIRE) -- Sunstock, Inc. (SSOK:OTCMARKETS) announces that after months of due diligence its management team believes “Triple 8” to become the crypto tokens backing the Company’s assets held in precious metals.
“Triple 8s’” tokens leverages precious metal investments while revolutionizing, improving and expanding the value of money, backed in precious metal assets. As such, harnessing the metal values makes “Triple 8” a unique crypto with efficiencies and traceable liquidities. Token holders can spend their diversified portfolio back in precious metals within a payment infrastructure familiar to that used in current banking platforms using fiat monies. By tokenizing precious metals into the blockchain, “Triple 8” introduces a user friendly and valid monetary system. Redefining how the world uses and understands money flows, the launch of “Triple 8” as asset-back crypto currencies, tied to gold, silver and platinum bullion provides real world value, not seen since the loss of the U.S. dollar monetary gold standard.
SSOK’s management believes that “Triple 8” paves the way for new levels of security and transparency in precious metal investing with the development of innovative technologies such as “IoT Smart Vaults” for storing assets and RFID tags, smart cameras and smart scales for tracking logistics as the assets travel to the vault from their source. Devices can track logistics into the blockchain in real-time, creating verifiable sourcing and authenticity of assets.
Further, Mr. James Sowers, an internationally acclaimed blockchain strategist joined Sunstock, Inc. as an advisor to management over the integrations of the Company’s precious metal asset portfolio into value added crypto currencies, like “Triple 8.” Recently, a Forbes Magazine article listed Mr. Sowers ranking as 28 out of the top 50 successful leading angel investors. He provides expert commentary on crypto currencies and blockchain trends as a TV personality on “Exploring the Block,” which is a paid-for-TV business program syndicated on the TV FOX BUSINESS Network.
“Triple 8s’” ICO- Initial Coin Offering introduces a money system which is valid, transparent, and accountable, all through the use of blockchain technology, with one token equaling one gram of each precious metal or combination of precious metals.
Management will update accordingly on the SSOK relationship with “Triple 8” as information becomes available.
For further information about this release contact, Mr. Jason Chang, CEO, #916-860-9622 and email: enquiry@sunstockinc.com
Safe Harbor Statement
Certain statements contained in this press release may be construed as "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 (the "Act"
. The words "estimate," "project," "intends," "expects," "anticipates," "believes" and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Act. These statements are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of these statements. These risks and uncertainties include, without limitation, our history of losses and limited revenue, our ability to develop new products and evolve existing ones. For a more complete description of these and other risk factors that may affect the future performance of Sunstock, Inc., see "Risk Factors" in the filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. The Company also undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events.
Contact:
Contact: Jason Chang
Sunstock, Inc.
(916) 860-9622
enquiry@sunstockinc.com
www.sunstockinc.com
Blockchain Strategist and Angel Investor Mr. James Sowers Becomes Company Advisor
SACRAMENTO, CA, Aug. 13, 2018 (GLOBE NEWSWIRE) -- Sunstock, Inc. (SSOK:OTCMARKETS) announces that after months of due diligence its management team believes “Triple 8” to become the crypto tokens backing the Company’s assets held in precious metals.
“Triple 8s’” tokens leverages precious metal investments while revolutionizing, improving and expanding the value of money, backed in precious metal assets. As such, harnessing the metal values makes “Triple 8” a unique crypto with efficiencies and traceable liquidities. Token holders can spend their diversified portfolio back in precious metals within a payment infrastructure familiar to that used in current banking platforms using fiat monies. By tokenizing precious metals into the blockchain, “Triple 8” introduces a user friendly and valid monetary system. Redefining how the world uses and understands money flows, the launch of “Triple 8” as asset-back crypto currencies, tied to gold, silver and platinum bullion provides real world value, not seen since the loss of the U.S. dollar monetary gold standard.
SSOK’s management believes that “Triple 8” paves the way for new levels of security and transparency in precious metal investing with the development of innovative technologies such as “IoT Smart Vaults” for storing assets and RFID tags, smart cameras and smart scales for tracking logistics as the assets travel to the vault from their source. Devices can track logistics into the blockchain in real-time, creating verifiable sourcing and authenticity of assets.
Further, Mr. James Sowers, an internationally acclaimed blockchain strategist joined Sunstock, Inc. as an advisor to management over the integrations of the Company’s precious metal asset portfolio into value added crypto currencies, like “Triple 8.” Recently, a Forbes Magazine article listed Mr. Sowers ranking as 28 out of the top 50 successful leading angel investors. He provides expert commentary on crypto currencies and blockchain trends as a TV personality on “Exploring the Block,” which is a paid-for-TV business program syndicated on the TV FOX BUSINESS Network.
“Triple 8s’” ICO- Initial Coin Offering introduces a money system which is valid, transparent, and accountable, all through the use of blockchain technology, with one token equaling one gram of each precious metal or combination of precious metals.
Management will update accordingly on the SSOK relationship with “Triple 8” as information becomes available.
For further information about this release contact, Mr. Jason Chang, CEO, #916-860-9622 and email: enquiry@sunstockinc.com
Safe Harbor Statement
Certain statements contained in this press release may be construed as "forward-looking statements" as defined in the Private Securities Litigation Reform Act of 1995 (the "Act"
. The words "estimate," "project," "intends," "expects," "anticipates," "believes" and similar expressions are intended to identify forward-looking statements. Such forward-looking statements are made based on management's beliefs, as well as assumptions made by, and information currently available to, management pursuant to the "safe-harbor" provisions of the Act. These statements are subject to certain risks and uncertainties that may cause actual results to differ materially from those projected on the basis of these statements. These risks and uncertainties include, without limitation, our history of losses and limited revenue, our ability to develop new products and evolve existing ones. For a more complete description of these and other risk factors that may affect the future performance of Sunstock, Inc., see "Risk Factors" in the filings with the Securities and Exchange Commission. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made. The Company also undertakes no obligation to disclose any revision to these forward-looking statements to reflect events or circumstances after the date made or to reflect the occurrence of unanticipated events. Contact:
Contact: Jason Chang
Sunstock, Inc.
(916) 860-9622
enquiry@sunstockinc.com
www.sunstockinc.com
