Sacramento, CA, Feb. 12, 2019 (GLOBE NEWSWIRE) -- Management at Sunstock, Inc. (OTC Pink: SSOK) announces its Podcast interview on “ OG Podcast Network ,” channel “New To The Street.” The interview provides riveting details of its unique blockchain technology, “Triple 8.”
The listeners get a comprehensive understanding of “Triple 8’s” tokenizes its value from precious metals into a blockchain. As an asset-backed cryptocurrency, tied to gold, silver and platinum bullion prices, “Triple 8” provides an extraordinary value-proposition for both investors and end-users of the token.
Jason Chang, Chief Executive Officer, and Destiny Aigbe, Co-Founder, both talk with T.J. Pappas on the New To The Street Podcast where they introduce Sunstock, Inc.’s “Triple 8” crypto . The interview gives a detailed understanding of ‘how’ this precious metal backed cryptocurrency works. With the world FIAT money system strained, crypto backed by precious metals has a huge appeal to value conscious individuals and entities. Having a token equal to 1 gram of precious metal gives a true value back crypto.
A unique feature brought up during the interview is the Triple 8 debit card. Both Mr. Chang and Mr. Aigbe give numerous examples of its blockchain key which secures the “Triple 8” debit card. By backing the debit card with the conversion of its precious metal backed blockchain converted into fiat money, holders can use the card for everyday purchases.
Mr. Chang states that, “In a time of ever-changing monetary policy around the world, ‘Triple 8’ provides a winning solution on providing a crypto-token backed by 1 gram of precious metal. Moreover, then being able to convert the value back into a debit card adds convenience to token holders.”
SSOK expects that certain percentages of monies raised: 75% to be used to purchase precious metals to back the “Triple 8” token and 25% used to advance further developments of its innovative technologies, such as “IoT Smart Vaults” for storing assets, RFID tags, smart cameras, and smart scales.
Mr. Aigbe states that, “ Sunstock provides a fully disclosed business with audited financial statements with the US SEC. The disclosures provide a comfort level and transparency about SSOK’s operations for both investors and coin users. RFID devices within the token track logistics into the blockchain in real-time, creating verifiable sourcing and authenticity of assets held with token holders.”
“Triple 8” and its debit card redefines how the world conceptualizes and uses money with its asset-backed cryptocurrency that is directly tied to the value of gold, silver, and platinum bullion. Listen to the podcast at: https://www.ogpodcastnetwork.com/episode/episode-5-sunstock/ .
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 under 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 by 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 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 and further information: Mr. Jason Chang, CEO (916) 860-9622 Email: enquiry@sunstockinc.com www.sunstockinc.com www.triple888.io
