Radioshack, the electronics-associated brand, has announced it will now pivot to a cryptocurrency-centric model. The company informed that its focus will be to “bridge the gap” to bring cryptocurrency into mainstream use. This is the latest iteration in the story of the brand, which was known for offering electronic products at a retail level in […]
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The Kodak-branded bitcoin mining rigs unveiled at the CES technology trade show this year will no longer be available to mine for customers. Amid scam accusations, the company behind the Kodak Kashminer crypto mining scheme has reportedly confirmed the plan has collapsed, citing intervention by the U.S. Securities and Exchange Commission. Also read: Yahoo! Japan Confirms […]
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When New Yorks Post’s editor Kevin Dugan visited the website of Kodak dedicated to the company’s prominent ICO he was surprised. He found that the site contained “fake pictures”, a “dummy text” and wasn’t finished. Sorry to disturb all Kodak’s fans, but this seems to be not the last pitfall in company’s attempts to survive by joining the crypto hype. Disclosure: This is a Sponsored Article Digital photo? What is it? White paper? What is it? As Dugan reported in his article on the ICO, he contacted Kodak’s managers to obtain a comment regarding the topic, and the unfinished website
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Parallels between cryptocurrency adoption now and internet adoption in the nineties are becoming more apparent every day. Even companies with storied pasts and friction-filled relationships with the digital age are beginning to look into how cryptocurrencies can benefit them. The most recent example of this involves Kodak and its ICO. That’s right, the photography company founded in 1888 is going to hold an ICO. Say “I want to adopt cryptocurrencies into my business model!” *SNAP* While that’s a bit of a mouthful, the sentiment is the same – it leaves smiles on many faces, particularly those of Kodak shareholders. Upon the announcement,
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Kodak, a legacy photography company synonymous with the last century, is to launch its own cryptocurrency, Kodakcoin. Not content with holding an ICO, the company has also decided to get into cryptocurrency mining in what’s been interpreted as a desperate bid to stay relevant. The news, unveiled at CES 2018 on Wednesday, goes down as […]
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