Global Blockchain Technologies Corp., a company that provides investors with access to holdings within the blockchain space, has announced that it is the lead investor, with a $2 million USD investment, in the Kodak Coin Initial Coin Offering. The company has subscribed for all eight million Kodak Coins that were available in the pre-ICO Stage I.
The KodakOne Image Rights Management Platform and Kodak Coin offers photographers a new revenue stream and secure platform for protecting their work. Using blockchain technology, the KodakOne platform will create an encrypted digital ledger of rights ownership for photographers to register both new and archive work that they can then license within the platform. With Kodak-branded cryptocurrency, participating photographers are able to take part in a new economy for photography, receive payment for licensing their work immediately upon sale, receive a share of overall platform revenue, and for both professional and amateur photographers, sell their work on a secure blockchain platform.