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
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