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Kodak KashMiner
The Kodak KashMiner was a Bitcoin mining computer that was displayed at Kodak's booth at the Consumer Electronics Show in January 2018. It was promoted by Spotlite USA, who had previously licensed the Kodak name for Kodak-branded LED lighting. The initiative was not endorsed by Eastman Kodak. The plan was that for an up-front fee of around $3,400, customers could rent a KashMiner — apparently a rebranded Bitmain AntMiner S9 — for two years, and keep a cut of any Bitcoins generated. The devices would be housed at Kodak's offices in Rochester, New York, and use surplus power from Kodak's in-house power plant. The scheme was widely criticized, and branded a "scam." The brochure handed out at the show promised $375 per month payout every month for two years — a payout that would have been impossible with the ever-rising Bitcoin hash rate. A Kodak representative at CES said that the stated rates were "preliminary." The "Kodak" branding was present on the miner at CES ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
KodakCoin
KodakCoin (stylized KODAKCoin) was a photographer-oriented blockchain cryptocurrency 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 cancelled. The initial coin offering (ICO) was initially scheduled for January 31, 2018, but was indefinitely delayed due to questions about its vetting process. A simple agreement for future tokens (SAFT) was then scheduled for May 2018, which limited purchases to accredited investors. The website and project has been shut down, with all mention of the KodakCoin and KodakOne removed from Kodak's website. Background KodakCoin SAFTs were made available on May 21, 2018 to accredited investors in the United States, United Kingdom, and some other countries. Working in conjunction with the KodakOne digital rights manageme ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |