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In some respects this seems like a better application of blockchain than a lot of ICOs. On the other hand, it isn't clear how they're going to solve the oracle problem of deciding who has the canonical rights to a given photograph.
We've hit Peak Coin.
We've hit Peak Coin.
lol, this is dumb that adding a cryptocurrency would have that profound impact on their stock. Just pay them in USD or some other currency with real-world proven value.
The fact that this wasn't called KODAKoin seems like a major oversight.
I don't get the value in the ICO. Photographer licenses image on KodakONE, receives KodakCOIN as payment. KodakONE uses blockchain to sell and protect the image from theft down the line. KodakONE uses lawyers to DMCA those who don't attribute or pay for the image.
I'd replace 'the' with 'any'.
Short kodak.
Why? They're using the blockchain for what most people said it was supposed to be used. I'm actually pleasantly surprised they're moving forward with some innovation and I guess the stock rise reflects that. OTOH yes, I'm pessimistic they'll actually accomplish something, but who knows? I don't know if the market will discount this soon.
Is that use worth 44% of their stock? Doubtful.
I don't get the value in the ICO. Photographer licenses image on KodakONE, receives KodakCOIN as payment. KodakONE uses blockchain to sell and protect the image from theft down the line. KodakONE uses lawyers to DMCA those who don't attribute or pay for the image.
The same problem can be solved if they just used Ethereum
At the risk of a very low value comment... The fact that this wasn't called KODAKoin seems like a major oversight.
Brand guidelines are important especially at a company like Kodak.