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/biz/ - Business & Finance

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File: 27 KB, 615x551, kodak-logo.jpg [View same] [iqdb] [saucenao] [google]
6167344 No.6167344 [Reply] [Original]

> Kodak announces ICO, stock jumps 44%
> Kodak is today announcing a partnership with Wenn Digital to create a “photo-centric cryptocurrency” that will “empower photographers and agencies to take greater control in image rights management.” Because why not. It’s 2018.
> The company’s stock jumped 44% on the news and is currently trading at $4.30, up 37.60 on the day.
https://techcrunch.com/2018/01/09/kodak-announces-ico-stock-jumps-44/

Because most of you are underage: Kodak used to be an important analog photography company. It's pretty much dead nowadays.

>> No.6167425

nobody other than kodak will accept their coin, it'll just be like the reward points/loyalty card shit we have already

if people want to interact with the actual real crypto market they're going to need to accept bitcoin, or be a token on the ethereum network.

>> No.6167696

i actually see this playing out like what po.et wants to do if its done correctly

>> No.6167742

Big if true

>> No.6167814

>>6167696
You can do it with literally any crypto, nobody needs this shitcoin. This is only one of many proofs that ICOs are a fucking scam and we are in the middle of a HUGE bubble. Can't wait for this shit to crash hard...

>> No.6167882

>>6167425
i don't think it's necessarily for trading. it's something like uploading your photo to the blockchain to certify that you're the original author of the rare pepe.

>> No.6168061

>>6167882

yeah thats what im saying

>> No.6168065

Kodak is still in business?

>> No.6168116

>>6167344
>Because most of you are underage: Kodak used to be an important analog photography company.
looks like McDonalds logo, another dead company

>> No.6168557
File: 239 KB, 992x744, 1313258400640.jpg [View same] [iqdb] [saucenao] [google]
6168557

LOL what a pump and dump

>> No.6168656

>we're not in a bubble

>> No.6168795

>>6167344
>"image rights management"
sounds like cancer

>> No.6168882

>>6168065
kek I was wondering about this my self. We got japan foto here and a local shop. The only reason to go there though, is to have some wall papers/big pictures made and to buy frames and such. And everything is on memory card and stick today ofc. I remember them being big though, I mean to recall they had shops here in the 90ies and so