“ Kodak's stock price has soared since yesterday's announcement. Data from Google highlights that the stock is up more than 75% today alone, rising above $11, having begun the week just over $3.”
Until Kodak publish their whitepaper explaining exactly what it is their coin is meant to accomplish, I'm not entirely convinced it even has a future. It sounds like the general idea is that photographers will be able to have greater control over their work and make sure no one is ripping them off. This all sounds nice in theory, but there's barely any mention of how it's going to achieve that. Until it's shown to be decentralised, with no gatekeepers or central authorities, I'm inclined to assume it's merely the last-ditch dying breath of a failed commercial dynasty. If it turns out it's literally just Kodak maintaining their own record of who took what photo, frankly, who gives a shit? There's nothing innovative about that and it certainly doesn't require a blockchain. It's possible they're just hoping to cash in on the current media hype.
Long story short, I'm just a little skeptical.
