dpa-AFX: DGAP-News: Global Blockchain Is Lead Investor in Kodak Coin (english) Global Blockchain Is Lead Investor in Kodak Coin
DGAP-News: Global Blockchain Technologies Corp. / Key word(s): Miscellaneous Global Blockchain Is Lead Investor in Kodak Coin
10.01.2018 / 15:54 The issuer is solely responsible for the content of this announcement.
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Vancouver, British Columbia--(Newsfile Corp. - January 10, 2018) - Global Blockchain Technologies Corp. (TSXV: BLOC) (FSE: BWSP) (OTC Pink: BLKCF) ('GBT' or the 'Company') is pleased to announce that the Company is the lead investor with a US$2.0M investment into the Kodak Coin, a compliant and fully-registered Initial Coin Offering (ICO). Kodak is the first major NYSE-listed corporation to be part of creating and implementing a Crypto currency. The Company has subscribed for all 8 million Kodak Coins that were available in the Pre ICO Stage I. Stage II Pre ICO opens tomorrow January 10th.The Coins are being offered by WENN Digital, in conjunction with its licensing partnership with Eastman Kodak.
The KodakOne Image Rights Management Platform and Kodak Cryptocurrency (Kodakcoin.com) gives photographers a new revenue stream and secure platform for protecting their work. Utilizing 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 invited 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 confidently on a secure blockchain platform.
'We are very pleased and excited to have Global Blockchain Technology Corp, a Crypto currency pioneer and a visionary in the ICO revolution as our lead investor in this historic ICO. They are an experienced group of investors who have a deep understanding of the crypto markets,' said Jan Denecke, CEO of WENN Digital and Co-founder and developer of the KodakOne Image Rights Platform and the Kodak Coin.
'The KodakOne ICO is very compelling and fills the need for managing and monetizing digital assets globally. Given the size of the marketplace, the people involved and technology partnership, this has the opportunity to be a very large and active community. Our deep industry roots and relationships have allowed us access this new ICO in short order, one of the first involving a significant brand name issuer that is widely recognized by the public,' said Shidan Gouran, President, Global Blockchain.
The initial coin offering will open on January 31, 2017 and is open to accredited investors from the U.S., UK and Canada. For more information visit www.kodakcoin.com. This initial Coin Offering is issued under SEC guidelines as a security token under Regulation 506 (c) as an exempt offering.
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For more information, please contact info@globalblockchain.io |