Bitcoin Forum

Please beware, Kodak Coin is not created by Kodak, but they just lending name for it.
Original coin that was about to Launch on Jan 5th, 2017 was RYDE COIN, since no takers they approached Kodak to use their name.

Their is no backing by Kodak, other then letting WENN team use their name for new coin.

Kodak lending name for bitcoin hardware also.

https://www.coindesk.com/kodaks-cryptocurrency-already-presold/


https://arstechnica.com/tech-policy/2018/01/kodak-apparently-re-branded-a-paparazzi-licensing-platform-as-kodak-coin/
https://en.wikipedia.org/wiki/KodakCoin

Please share this post, it will save lot of users.

Please be careful not just about KODAKCOIN, but their Miner as well.
https://lifehacker.com/why-kodaks-bitcoin-scheme-is-a-scam-you-should-avoid-1821957658

Do not buy Kodak miner, unless you read it.

That's some next level scam. I guess Kodak is getting really desperate after being irrelevant for the last 15 years or so. What were they even doing before this "endeavour"?

That smells desperation from a company that doesn't really found a footing in contemporary times.

Thanks for the info man! I would have never known.

Your Welcome Guys :)

Share this post on twitter/facebook. Lot of new users into crypto currency will end up falling prey to this. I have also read somewhere the agreement between WENN & KODAK is that Kodak has ZERO liability.

In return of using their name they will get roughly 50% of the proceeds in this case 50% of $25 million that will be raised by ICO.

This nothing but both pure greed & smart move by Kodak to cash on the Crypto hype.

If anyone from WENN & Kodak are reading this.

Please DISCLOSE your agreement & terms in place.
Example: In lieu of using KODAK name what Kodak company will get in return from WENN.

Their is more information coming in, thanks to media journalists.

https://www. google. ca/amp/s/www .marketwatch. com/amp/story/guid/F8C5F942-FC6A-11E7-8AB6-ABAEF652B326

Please spread the word, last thing we want is due to these crooks, bad name for all cryptocurrencies.



Please share this page on Facebook, Twitter etc.

Interesting read, Kodak used to be a big company and giving us this kind of computation is the dumbest they have done, do they have a good a good mathematician or cryptocurrency experts to come up with that figure, I will not invest in this kind of scheme it's vague and not profitable in the long run.

When Eastman Kodak announced it would launch a cryptocurrency token by partnering with a photo agency, the stock price rocketed.

Kodak, the imaging company with roots in old-school photography, announced the partnership at the Consumer Electronics Show in Las Vegas on Jan. 8 and its share price skyrocketed by nearly 250%, from $3.10 the day before the announcement to a closing price of $10.70 on January 10.

The buzz has subsided slightly but the shares are still up over 200% from the beginning of last week.

Now, thanks to a Securities and Exchange Commission filing, more is known about the planned partnership between Eastman Kodak Co. KODK-1.48%   and Wenn Digital, parent company of a paparazzi photo agency Wenn Media.
Wenn Digital Inc. filed a Form D, the paperwork required for the KodakCoin initial coin offering, or ICO, with the SEC on January 16. Wenn Digital, not Kodak, told the regulator the total offering of $6.75 million, scheduled for Jan. 31, will be available in $50,000 minimum investments to qualified investors only.

Wenn Digital is headquartered in a shared office space in Santa Monica, California, above a smoke products shop and a T-Mobile store, according to a photo on Google Maps.

A phone call to the number listed on the filing was answered by a programmer, who referred calls to the London-based headquarters. A representative from Wenn Digital’s outside public relations firm, Weber Shandwick, emailed that the company had no further statements at this time.

The KodakCoin offering is said to be an “other” category security, a “sale and issuance of agreement to issue tokens” and is being offered under Rule 506(c). That’s an exemption to the Securities Act of 1934 that allows a company to broadly solicit and generally advertise an unlimited dollar amount offering and still comply with securities laws. The company only needs to make sure all the investors in the offering are “accredited” investors and needs to take “reasonable steps to verify that the investors are accredited” such as reviewing W-2s, tax returns, bank and brokerage statements, credit reports and similar income and asset statements.

Companies offering securities, in this case crypto tokens, under Rule 506(c) do not have to register their offering of securities with the SEC in the traditional way such as with an initial public offering via an S-1. All they need to do is electronically file Form D, a brief notice that includes names and addresses of the company’s promoters, executive officers and directors, and some details about the offering, but not much else.
Kodak and its officers names are nowhere on Wenn Digital’s Form D, but it does have the names of seven officers, two directors and is signed by an attorney. That team can also be found on the webpage that Kodak, who is licensing its iconic brand name to the initiative, posted to promote the initiative.

The filing says its previous name was Wenn Ryde Holdings. Wenn Media’s New York headquarters directed MarketWatch to email Wenn Digital CEO, Jan Denecke, in Germany. His email address has a Ryde.One extension. A phone message left for outside attorney Christina Gagnier, who signed the filing on behalf of Wenn Digital, was not returned.

A report by ArsTechnica said that KodakCoin seems to be a re-branding of an earlier initial coin offering called Ryde coin that is now defunct. The project had a page on the crowdfunding site Start Engine. Ryde coin was being pitched as late as early January as a way of expanding the licensing business of its creator.

I will be laughing at this thread soon like I did at similar threads for Ethereum, Power Ledger and many more. Kodak lending their name is not something done lightly. They take a lot of responsibility and they have to make sure they coin is legit valid product. A lot of companies didnt start well at the beginning and they just needed a partner to start properly.

Are you suggesting information above is fake?

How can u be so stupid to compare Ethereum which was a new platform to this?
Why you think they called off ICO just before launch?

Please don’t be a laughing clown 🤡 in the town...

At least read above they post. I am sure you are a puppet account of this kodakcoin scammer.

I am not saying the information is fake, but you cant accuse it as a scam. It is public knowledge about the rebrand. They are not hiding it. Kodak rebranding a product is not something little, if they fail they are gone. This token is in accordance with U.S. federal securities laws requirements which not a fucking coin in existence does at the moment. About ethereum there were threads like this saying it was a scam just google, same stuff over and over. And you guys are easy to call things scam like you are accusing me to be a "kodak puppet" (Kodak is a real work company at least). Do you think Kodak wants to sell to you guys in bitcointalk LOL. You need to be a bloody credited investor because of the federal law.I am not a qualified investor. I think you have to put at least $50k and be a credited investor (millions of net worth) This coin has no market here on this forum. I am not shilling and I wont be able to invest because of the requirements so bad luck.

Exchange dev?

Why would I share this post? And why would I trust you in the first place? You're not from Kodak, aren't you? All the links you supplied above are not from Kodak website and in contrast with the following...

https://www.kodak.com/US/en/corp/Press_center/KODAK_and_WENN_Digital_Partner_to_Launch_Major_Blockchain_Initiative_and_Cryptocurrency/default.htm

https://www.kodak.com/kodakone/default.htm?CID=go&idhbx=kodakone

So, do you think Kodak will allow anyone to use their official website for nonsense and/or without their permission?

Insider trading:
https://www.thetimes.co.uk/article/kodak-defends-bosses-share-windfall-8vxbvx6rn

More information revealed, how this Fraud were looking into cheating public.

https://www.thestar.com/business/tech_news/2018/01/31/kodaks-move-toward-cryptocurrency-raises-uneasy-questions.html


.

Today in the news I saw information about this coin. A well-known brand that has long worked on the international market has decided to increase its capitalization. The lights knew that this attracted the attention of tax and other organizations, but went to this rather brave step, proving that this is not fraud.

wow.. good save, my friend was really interested in this "Kodak" brand hype.

thank you for the info! you deserve a cookie  :)

What a surprise... ::)

OP please refer on this links https://kodakcoin.com and https://www.kodak.com/kodakone/default.htm  it was clearly stated in their official website that kodakcoin ico is real ang legit.

that coin you cant trust.

here a good researched overlook why not:

https://concourseq.io/Q/KODAKOne

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

StartEngine ICO 2.0 Summit https://www.youtube.com/watch?v=mWPMdmj24mU

The StartEngine ICO 2.0 Spring Summit in Santa Monica, CA. The Summit will bring together industry leaders from around the world to discuss the next phase of ICOs: ICO 2.0. Speakers will include Gil Penchina (Investor in Brave, Ripple, Filecoin, Civic, Paypal, Polychain, and AngelList), Howard Marks (CEO, StartEngine), Ryan Singer (Co-founder, Chia), Cameron Chell (Co-Creator & Architect, Kodak Coin), and Lou Kerner (Partner, CryptoOracle). In addition, the summit will host 40+ Speakers, 19 regulated ICO Pitches, and 1000 attendees.

This is a real and genuine ICO by the Photography company KODAK itself in collaboration with a digital company. I think it is best if we crosscheck the new before we post anything. Even wikipedia states it.

KODAKCoin Inks Arena Partnership to Store NBA, NHL Photos
https://www.coindesk.com/kodakcoin-inks-arena-partnership-store-nba-nhl-photos/

Enthusiasts of blockchain technology & fans of digital photography are encouraged to come out and meet Jan Denecke and Benedikt von Dohnanyi to discuss the upcoming KodakOne platform and the changing media landscape. Join them for a coffee and great view at Level 33.

Jan brings 10+ years of experience as a copyright lawyer and is the founding partner of the law firm Denecke, Priess & Partner. In 2017, Jan and his partners founded WENN Digital. The company is developing KodakCoin and the KodakOne Platform as a payment solution for the Image Industry.