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  4. Sunstock, Inc. (SSOK) Message Board

$SSOK Sunstock, Inc.’s Management Team Moves For

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Post# of 37
(Total Views: 394)
Posted On: 02/21/2019 10:18:59 AM
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Posted By: stocksonhighalert
$SSOK Sunstock, Inc.’s Management Team Moves Forward with “Triple 8”, Precious Metal Asset-Backed Crypto Tokens

Triple 8, a division of Sunstock, Inc., is redefining how the world conceptualizes and uses money with the pending launch of asset-backed cryptocurrencies that are directly tied to the value of gold, silver, and platinum bullion.

By leveraging blockchain ledger technology and a diversified portfolio of precious metal holdings, Triple 8 is creating a new system for money that is both traceable and backed by assets of real value. With the Triple 8 debit card, we will provide a seamless transition to this improved system, allowing token holders to pay for everyday goods and services using real precious metals like they would use a traditional debit card today.

Using the Triple 8 platform token holders will be able to buy, sell, and trade TRPL8 tokens, track their investment portfolios, and even govern the growth of our operations through the DA08, a Decentralized Autonomous Organization. With the DA08, all of our raised funds will be stored transparently in a publicly available multi-signature wallet, and community consensus will determine how our money will be deployed or invested before any funds are released. We are also considering the development of a Triple 8 Exchange in order to offer further liquidity and security to our token holders.

Triple 8 will also pave the way for new levels of security and transparency in precious metal investing with the development of innovative technologies such as loT 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. Our devices will be able to report these logistics to the blockchain in real time, creating a verifiable ledger of where the metal has been, who has interacted with it, and more. This groundbreaking technology will enhance the existing efforts of incentivized auditors who will be regularly checking the vaults-to verify the existence and authenticity of all assets.

With the rapid growth of cryptocurrency and passion of the crypto community as our driving force, Triple 8’s long-term vision is to tokenize as many different commodities as possible, giving token holders virtually limitless choices in the types of assets they wish to invest in and spend. This will ultimately lead to the development of our own private permissioned chain, where any individual or organization can launch tokens on our platform based on their real-world assets.

For additional information about Triple 8 crypto tokens: www.triple888.io


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