NEW YORK, June 5, 2018 /PRNewswire/ -- Seven Stars
Cloud Group, Inc. (NASDAQ: SSC) ("SSC" or the "Company"), today
detailed a more streamlined framework and operational model for its
product, trading and monetization categories. As Seven Stars
Cloud facilitates the transformation from traditional financial
markets into the asset digitization era via Artificial Intelligence
and Blockchain driven trading platforms, SSC's "4+4+4" Cloud
Matrix will mark a redefining and reorganization of SSC's
product categories, strategy and managerial configuration as it is
applied to the Company's Digital Asset Product Sales and Trading
ecosystem.
"4+4+4" will be comprised of as 4 Products Categories,
which will trade on 4 Platforms & Exchanges, and be
distributed and monetized via 4 Global Partner Networks
A. 4 Digital
Asset Product Categories
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|
i.
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Financial
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ii.
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Vertical
Industry
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iii.
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Consumer
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iv.
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Media
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Products within these groups represent new digital financial
assets that can be used for store of value, application
platform-based transactions, supply chain transactions, transaction
incentivization, and general payments. By nature, their storage and
transactability in the various use cases that they are created for
will produce new value and fungibility with other digital assets
and in some cases, fiat currency.
B. 4 Digital Asset
Global Trading Platforms & Exchanges
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|
i.
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Global Financial
Digital Asset Exchange Groups
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ii.
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Global Vertical
Industry Digital Asset Exchange Groups
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iii.
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Global Consumer
Digital Asset Exchange Groups
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iv.
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Global Media Digital
Asset Exchange Groups
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Our Digital Asset Trading Platforms represent owned and partner
exchanges that will support our Digital Asset Products. These will
exist in various sovereign jurisdictions and form exchange
groups.
C. 4 Digital
Asset Global Partner Sales & Monetization Networks
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|
i.
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GenXPlus (rebranded
from NextGen X)
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ii.
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Redrock Global
Capital
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iii.
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Partnership with
highly scalable, transparent and decentralized digital asset
exchange partner platform (to be announced in Q2 2018)
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iv.
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Launch of highly
scalable, transparent and decentralized financial exchange partner
platform (To be announced in Q3 2018)
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SSC's global partner sales and monetization networks serve as
business ventures operated by or in partnership with SSC, that will
enable the unlocking of value through fractionalization,
tokenization and securitization of assets into digital form.
President and Chief Revenue Officer Robert Benya stated, "With the Company's focus
on asset digitization accelerating and diversifying, management
determined that a more streamlined classification of SSC's
products, platforms and networks was in order for both strategy
implementation and managerial oversight. With these
revisions, along with existing and upcoming trading and
distribution partnerships, we are expanding our management capacity
and product development to accelerate the Company's continued
transformation. The more agile and efficient structure will
enable SSC to respond faster to rapidly developing applications for
asset digitization, evolving global regulation, and customer &
channel demand for tailor-made digital asset solutions."
About Seven Stars Cloud Group, Inc.
(http://www.sevenstarscloud.com/)
SSC is aiming to become a next generation Artificial
– Intelligence (AI) & blockchain-powered, fintech
service company, focusing on digital asset production and
distribution. The Company facilitates and enables the
transformation from traditional financial markets into the asset
digitization era. SSC acts as the manager and service
provider of an ecosystem for securitization and digital currency
tokenization as well as trading system integration.
Safe Harbor Statement
This press release contains
certain statements that may include "forward looking statements."
All statements other than statements of historical fact included
herein are "forward-looking statements." These forward looking
statements are often identified by the use of forward-looking
terminology such as "believes," "expects" or similar expressions,
involve known and unknown risks and uncertainties. Although the
Company believes that the expectations reflected in such
forward-looking statements are reasonable, they do involve
assumptions, risks and uncertainties, and these expectations may
prove to be incorrect. You should not place undue reliance on these
forward-looking statements, which speak only as of the date of this
press release. The Company's actual results could differ materially
from those anticipated in these forward-looking statements as a
result of a variety of factors, including those discussed in the
Company's periodic reports that are filed with the Securities and
Exchange Commission and available on its website
(http://www.sec.gov). All forward-looking statements attributable
to the Company or persons acting on its behalf are expressly
qualified in their entirety by these factors. Other than as
required under the securities laws, the Company does not assume a
duty to update these forward-looking statements.
CONTACT:
Jason Finkelstein
VP, Investor
Relations
Seven Stars Cloud Group,
Inc.
212-206-1216
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SOURCE Seven Stars Cloud Group, Inc.