Kodak makes comeback in $50mm Token Coin Offering
Kodak Blockchain Project Seeks To Raise $50 Million In Token Offering Reposted by www.morganshields.com Scott Shields Katy, Scott Shields Houston Kodak Pic reposted by Scott Shields Katy FILE PHOTO: The Kodak logo is shown on a booth during the 2017 CES in Las Vegas, Nevada, U.S., January 6, 2017. REUTERS/Steve Marcus May 10, 2018 By Gertrude Chavez-Dreyfuss NEW YORK (Reuters) – Wenn Digital, the developer of an image protection blockchain platform licensed by Eastman Kodak Co <KODK.N>, said on Thursday it intends to raise up to $50 million (37 million pounds) in a combined public and private token offering. Wenn Digital has created the blockchain-based system, called KODAKOne, which seeks to protect the copyright of images or photographs registered on the platform. Kodak has a minority stake in Wenn Digital, according to Wenn. U.S. photography pioneer Kodak has been active in developing the blockchain platform with Wenn, and its recent share performance