Discontinued cryptocurrency for photography copyrights
Not to be confused with the Bitcoin-mining computer, the Kodak KashMiner.
This article needs to be updated. Please help update this article to reflect recent events or newly available information.(March 2020)
KODAKCoin
Development
Development status
Initial coin offering
Website
Website
www.kodakone.com
KodakCoin (stylized KODAKCoin) was a photographer-oriented blockchain cryptocurrency[1] that was planned for payments for licensing photographs; however, the project has failed and been shut down. The cryptocurrency was being developed under a brand licensee agreement between Kodak and RYDE Holding Inc. (formerly WENN digital), with the relationship and project canceled.
The initial coin offering (ICO) was initially scheduled for January 31, 2018, but was indefinitely delayed due to questions about its vetting process.[2] A simple agreement for future tokens (SAFT) was then scheduled for May 2018, which limited purchases to accredited investors.[3]
The website and project has been shut down, with all mention of the KodakCoin and KodakOne removed from Kodak's website.[4]
^"Blockchain and a New World of Digital Currency; Photography (KODAKCoin) and Digital Marketing (SponsorCoin) New Entrants to Market". markets.businessinsider.com. Retrieved September 28, 2022.
^Lahman, Sean. "Kodak delays launch of cryptocurrency KodakCoin after questions arise over vetting process". USA TODAY. Retrieved July 21, 2020.
^"Kodak's Not-Quite ICO to Launch May 21, As the SEC Cracks Down". Fortune. Archived from the original on May 10, 2018. Retrieved July 21, 2020.
^Gerard, David (December 24, 2020). "News: KodakCoin is dead, XRP RIP, US on stablecoins, seasteading fails again". Attack of the 50 Foot Blockchain. Retrieved September 28, 2022.
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