Kodak is joining the Crypto-sphere. Kodak coin will be created end of January.
Crypto is all the frenzy.
Kodak is joining the crypto sphere, after CES 2018 at Las Vegas Kodak announces that it is going to install bitcoin mining facilities in a means to diversifies their reserves. After the announcement the Shares of Eastman Kodak Co (KODK.N) titles have jumped as much as 120% trading now at ~$10. Kodak is planning to launch their own crypto token at 31 of January.
"The storied Rochester, New York-based company said in a statement it is launching a cryptocurrency called “KODAKCoin” for photographers, part of “KODAKOne,” an image rights management platform in a licensing partnership with WENN Digital."
Quoted by reuters.
Tech companies couldn't stay behind of the tech, crypto is where the entire interest of the technological giants rests at the moment. So it is not surprise that one after the other are joining the frenzy to experiment with Fintechs. The announcement really hyped the market and the stock exchanges where bombard with buy orders for its stocks.
"Also on Tuesday, Inpixon (INPX.O) surged 9 cents or 40 percent to 31 cents per share after the data analytic company announced it would adopt blockchain technology."
Quoted by reuters.
You see, any reference of Blockchain adoption coming from the lips of big firms hype their share in a way never seen before. It makes sense to expect more and more to join the revolution of blockchain even just for a mean to create a positive impact at their stock prices.
This is the year of mass adoption for crypto and blockchain I expect the number of the giants that jump into the game to grow this year exponential. Everyone wants a piece of action from the Fintechs, so I expect this year to be a year to remember, in a global scale. Last will be the banks, but then again people haven't given the attention they should at Arise bank.
Well we are all up for a hell of a ride. Fasten your seat belts gentleman.
Moon is calling ! 2017 was an insane year , 2018 is going to be crazy insanely a wild year ! what a time to be alive !
Yeah it probably will be a wild ride!
kodak are super desperate! :)
They need to get back in the game I think they are heading the right path. A token that compensates loyalty rights to their rightful owners from a firm that big as Kodak is going to probably be the way professional photographers will make business in the future. If every shot you make with your camera has its loyalties embedded on their code Facebook is going to have a hell of a lot of lawsuits to handle, lol.
find the paperwork they were giving out at CES, it's a bit of a joke tbh the way they want to sell you a miner for twice of what it costs and then the returns and the 50/50 split. it's so dumb it's crazy.
Give them a slack man they are newbies! you where once one too. lol. Jokes aside, I think they are giving the s9 asiic miner (not sure) but if you have any links I would like to check them out.
thanks for info
please do not sell sbd and steem at low price. Trust SBD and steem we are reducing prices by acting like this. a little steady
I am not @exyle dude.
In 2018 we will see a lot of companies announcing blockchain projects and in result their stocks will shoot up... .com bubble all over again
probably yeah
I can't even rap my head around this, this news raises so many questions like:
What will the coin be used for?
How will this benefit Kodak?
Will they redeem the coins for film development?
Will they release it as an ICO?
Will they make a faucet so freeloaders can join in?
The will sell their own miners, the coin will be used to lock loyalties of the creators on the blockchain, they will release an ico I have no idea for the rest of your questions. I did a fast read about it and that was all the info I got. Hopefully there will be more news later this month.
Oh wow, I didn't realize they released so much info.
Also I find it weird how everyone is panicking over South Korea when this is happening.
I think they are panicking over @steemit power down at least our community does.
As for the rest of the crypto world a 20% drop is enough to make them shit their pants.
I personally wouldn't mind to see everything at zero tomorrow. It was a fun ride and I made some good friend in between, like you and many others. Money is just a shit we need to buy other shit we actually need. At some point all that shit will hit the fan. ;)