Kodak makes last desperate bid for relevancy with “photo-centric cryptocurrency. Kodak has today announced a partnership with Wenn Digital to create a “photo-centric cryptocurrency” that will “empower photographers and agencies to take greater control in image rights management.”
Shares were up as much as 77% in the first hour after the company announced the creation of KODAKCoin.. KodakCoin ICO will open on 31st Jan.
What do you think will this rescue the company and turn it around in the world of photography?
Share your comments.
Thanks for informing me about this. I'll keep my eyes open. If a big company like Kodak is offering an ICO, that seems like a good development for the entire space. And hopefully a useful format for photographers too. Thanks again.
Soon we will find other companies in this space catching up too..Hopefully Kodak will gain the first mover advantage
See how Kodak stock skyrocketed after the announcement:
This is a screenshot taken from Google showing price action of the last 365 days.
Amazing!