Bitcoin Forum

Hieee!!

Woke up this morning and downing my cup of morning coffee as I'm reading the news. Then I saw this:

Kodak currency
Kodak's other initiative, the KodakCoin, is being created as part of an effort to build a global ledger of picture rights ownership that photographers can add their work to.

Associated KodakOne software will be used to crawl the web and find pictures that have been used without permission.

The company said it would then "manage the licensing process," so the photographer can be paid, in KodakCoin.

"Kodak has always sought to democratise photography and make licensing fair to artists," said Kodak chief executive Jeff Clarke.

"These technologies give the photography community an innovative and easy way to do just that."

The company's shares traded more than 130% above their opening price after the announcement before closing the day 119.4% higher.

But one expert had doubts.

"Storing the information in a blockchain doesn't protect your copyright any more than copyright law already does," commented David Gerard, author of Attack of the 50ft Blockchain.

"Notice how they're marketing it: they state a problem, then say the blockchain can solve it. But there's no mechanism by which the blockchain could do that.

"This doesn't do anything that signing up for Shutterstock or Getty Images wouldn't."

Even so, some think Kodak will not be the last household name to associate itself with an ICO.

"I expect we are going to see more major brands releasing their own tokens and currencies to support various products and services," commented Mr Hileman.

"It's something many big companies are thinking very hard about."
Click to expand...
source: http://www.bbc.com/news/technology-42630136

More info:
https://www.coindesk.com/kodak-launching-cryptocurrency-photographers/

Sounds pretty good. I know there's already POET coin for this similar purpose, but Kodak has brand value. Although it was a failed photography company (for failing to adapt digital cameras during the early boom) and had filed bankruptcy some time ago, its brand name is still trustable and loved by photographers.

On the other news, I am happy that Kodak is finally making initiatives to new markets to be profitable again (Make Kodak Great Again).

I've signed up for their newsletter to receive updates about this ICO. You can sign up here if you want:
https://www.kodak.com/kodakone/default.htm

P.S: I've also included the drawbacks of the coin as it has a point. So it is up to you to decide whether it would be a hit or not :p

Looks interesting

What I don't get, is why in the team is noone from Kodak?

a very strong company. I registered immediately

Hello there!

So it's not their official thread yet?

I really cant wait for this ICO

I think it's quite an interesting project. Nowadays, copyrights are often broken. Kodak is anyway a well-known brand and their idea might become popular.


I think Kodak is such a serious company that they definitely have a concept of using blockhain to protect copyrights.

More and more established companies are starting to launch their own ICOs nowadays :D

So where do you get this coin?

Gold, Kodak trying to stay relevant ..... I think it might have some legs to it. Big and and all

ICO only... boooo. >:( I'm not touching that corporate s*it.

This is going to be huge . Kodak know what there are doing and will solve one of the most common problem in photography. The Copyrights.

where can read about this company?
the name is loud, it would be cool if they launched ICO

kodak raising from the dead and offering his kodakcoin for investor.
well they are really need money for his project, whatever it is. investor will need to do more research before investing for this kodakcoin
speculation will be only ended with dead penalty

I read an article reading that this came about from another ICO tha was dropped through lack of interest before it was due to go live and it’s possibly the same team but rebranded as KodakOne? Probably just Kodak Licensing allowing people to use their brand.

I would still like to keep an eye on how well it does when it starts at the end of the month.

could you provide me with more detailed information about this ICO?

Is this the Kodak cooperation. If yes interesting. More work to be done

in technically, Kodak has the ability to achieve the goal, but is this project really related to Kodak?

I think there are 2 parts to it.

One is their platform for copyright material.

The other is renting out space to mine. It looks like they have spare space and power and they are going to let people rent mining equipment off them.

Not sure why they wouldn’t just mine themselves though?

 very strong company. I registered immediately

When will be pre-sale or main sale? is there an official ANN thread? And how to partipiciate in token sale? When will be opened whitelist?

We will need to keep a close watch on this ICO to see how it turns out....since its Kodak

So there is nothing out about time, date or anything? Looks interesting tho!

can anyone link the whitepaper here i can't find it on website

You can sign up for the lite paper here https://kodakcoin.com/ (https://kodakcoin.com/)

any more info on this?

ICO info posted.

ICO open to 'accredited investors'

Net worth of a million dollars, individual income of over $200 000 or join income of over $300 000 in the last 2 years...pppffftttt

Whats the point of having a coin for this

so to make it clear....you cannot buy ICO unless you got a proof of funds of 200.000 dollars???

....maybe i didn't understand something  otherwise this is insane

And i'm assuming you are going to have to show proof of this as well in some fashion.

There is no official announcement yet from the Kodakcoin. You can other details on https://www.kodak.com/IN/en//kodakone/default.htm

https://kodakcoin.com/

The ICO buyers need to wait 2 weeks more to the start. They have to solve some questions before.. check some info @ net.

Mail sent by KodakCoin received today:

Dear Potential KODAKCoin ICO Investor,
 
The ICO is moving full-speed ahead. We expect to close the pre-sale rounds in short order and move to closing the ICO soon after that.

In light of the increased worldwide regulatory interest in ICOs, we are taking the necessary measures to ensure that the KodakCoin ICO complies with all applicable securities and other laws.  As a result, the first step in the process is to ensure that all investors satisfy the investor qualification requirements of the applicable jurisdictions in which offers and sales will be made. This phase will last for a few weeks, after which we intend to sell KodakCoins to eligible investors.

We look forward to completing the ICO and moving forward to build an innovative solution to protect the work of photographers.
 
IT IS IMPORTANT TO HIGHLIGHT THAT AN EXPRESSION OF INTEREST MADE BY A PROSPECTIVE INVESTOR TO DATE IN THE KODAKCOIN ICO IS NON-BINDING AND INVOLVES NO OBLIGATION OR COMMITMENT OF ANY KIND.
 
IMPORTANT NOTE REGARDING FRAUDULENT WEBSITES:
 
It has come to our attention that there are several spam KODAKCoin ICO websites and Facebook sites promoting and even purporting to sell KODAKCoin tokens. Please be advised that there is only one official KODAKOne and KODAKCoin Facebook page and our official ICO website is www.KODAKCoin.com. In addition, please be advised that any offers or sales of KODAKCoin tokens will be made pursuant only to an Offering Memorandum that will be distributed to accredited investors. Potential investors are strongly encouraged to read the Offering Memorandum in its entirety before making any investment decision with regard to the KODAKCoin tokens.

Thank you,

Your KODAKOne Team

In other regions, established well-known companies have introduced COINS through block chain technology, which greatly stimulated the company's share value. I believe kodak also saw the development prospect of blockchain.

a very awesome project but i need a lot of information. I want to know where the information about your project team, when ico started and what is the purpose of your project?

reserve translation Vietnamese if Dev need PM me. I love your project with the trust team and good idea. Joined and hope success! Good luck Dev!

SCAM !!! , https://www.kerrisdalecap.com/wp-content/uploads/2018/02/Eastman-Kodak-Company-KODK.pdf