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Author Topic: Kodak gets into blockchain/cryptocurrencies  (Read 3692 times)

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« Reply #25 on: January 11, 2018, 12:14 »
+1
They say "Registering your images using with the blockchain gives you immutable proof of ownership". but what if someone else registers your images first, it's going to be a real pain in the legal butt unraveling that. Would it be wise to get your images registered in the first instance to avoid that scenario?


« Reply #26 on: January 11, 2018, 12:35 »
0
Here's what's good, in my view, about KodakCoin and KodakOne and all the hoopla. They have a trusted name and trusted partner in WENN.

Kodak are a brand for hire and as far as KodakOne goes it appears WENN are licensing the brand for the project. WENN on the other hand have form in the stock industry, they sell celebrity photos and gossip.  Why would you put your trust in them?

« Reply #27 on: January 11, 2018, 13:32 »
+1
To repeat myself though what is the advantage to buyers?

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« Reply #28 on: January 11, 2018, 23:38 »
0
To repeat myself though what is the advantage to buyers?

There will be a brand new stock agency that they won't have heard of and have never bought from.... they'll come flocking!

« Reply #29 on: January 12, 2018, 00:05 »
0
To repeat myself though what is the advantage to buyers?

There will be a brand new stock agency that they won't have heard of and have never bought from.... they'll come flocking!

And it will probably be called Kodak... one of the most trusted brand names in photography. Perhaps Kodak will snap up an existing agency.

« Reply #30 on: January 12, 2018, 03:06 »
0
To repeat myself though what is the advantage to buyers?

There will be a brand new stock agency that they won't have heard of and have never bought from.... they'll come flocking!

And it will probably be called Kodak... one of the most trusted brand names in photography. Perhaps Kodak will snap up an existing agency.
I thought Kodak was known for making one of the most disastrous wrong calls on emerging technology in corporate history.......a rather dated brand name I think.

« Reply #31 on: January 12, 2018, 03:08 »
0
They say "Registering your images using with the blockchain gives you immutable proof of ownership". but what if someone else registers your images first, it's going to be a real pain in the legal butt unraveling that. Would it be wise to get your images registered in the first instance to avoid that scenario?
It would prove you registered the picture no more no less ;-)

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« Reply #32 on: January 12, 2018, 03:19 »
0
Sure, it's a well known brand name, but nobody has heard of Kodak Stock, or whoever it is. It's an untried and untested agency, so although the brand name will no doubt entice some people to dip their toes in the water... it's not like everyone is going to ditch SS, iS and all the other sites the moment they open their doors.

« Reply #33 on: January 12, 2018, 03:24 »
0
To repeat myself though what is the advantage to buyers?

They'll get a promise that what they do with files on internet will be thoroughly looked at and policed if within proper jurisdiction. Anything displayed anywhere else or printed will fly under the radar.
« Last Edit: January 12, 2018, 03:28 by niktol »

« Reply #34 on: January 12, 2018, 03:30 »
0
To repeat myself though what is the advantage to buyers?

They'll get a promise that what they do with files on internet will be thoroughly looked at and policed if within proper jurisdiction. Anything displayed anywhere else or printed will fly under the radar.
Do many buyers care about that? Only the ones who buy exclusive images I would have thought which is a small part of the market.

« Reply #35 on: January 12, 2018, 03:33 »
0
Sure, it's a well known brand name, but nobody has heard of Kodak Stock, or whoever it is. It's an untried and untested agency, so although the brand name will no doubt entice some people to dip their toes in the water... it's not like everyone is going to ditch SS, iS and all the other sites the moment they open their doors.
From what I'm seeing there is a mixed review of whether "Adobe Stock" has made a significant impact and thats piggybacking on Fotolia. But probably its true a Smart move might be to buy an existing agency.

« Reply #36 on: January 12, 2018, 03:33 »
0
To repeat myself though what is the advantage to buyers?

They'll get a promise that what they do with files on internet will be thoroughly looked at and policed if within proper jurisdiction. Anything displayed anywhere else or printed will fly under the radar.
Do many buyers care about that? Only the ones who buy exclusive images I would have thought which is a small part of the market.

Probably exclusive would. And even then an additional risk of legal harassment might be a turn off.

SpaceStockFootage

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« Reply #37 on: January 12, 2018, 03:43 »
0
Sure, it's a well known brand name, but nobody has heard of Kodak Stock, or whoever it is. It's an untried and untested agency, so although the brand name will no doubt entice some people to dip their toes in the water... it's not like everyone is going to ditch SS, iS and all the other sites the moment they open their doors.
From what I'm seeing there is a mixed review of whether "Adobe Stock" has made a significant impact and thats piggybacking on Fotolia. But probably its true a Smart move might be to buy an existing agency.

True. The gist I'm getting from this whole thing is that Kodak don't really have much to do with this... it's WENN who seem to have come up with the technology and will be running the thing. It seems like WENN is piggybacking on the Kodak name and although it probably would be a good idea to get in with an existing stock site, that's then three companies sharing the profits rather than the existing two.

Who knows, maybe WENN shopped around and wanted to partner with a stock site, but had to make do with Kodak! 

« Reply #38 on: January 12, 2018, 03:59 »
0
Sure, it's a well known brand name, but nobody has heard of Kodak Stock, or whoever it is. It's an untried and untested agency, so although the brand name will no doubt entice some people to dip their toes in the water... it's not like everyone is going to ditch SS, iS and all the other sites the moment they open their doors.
From what I'm seeing there is a mixed review of whether "Adobe Stock" has made a significant impact and thats piggybacking on Fotolia. But probably its true a Smart move might be to buy an existing agency.

True. The gist I'm getting from this whole thing is that Kodak don't really have much to do with this... it's WENN who seem to have come up with the technology and will be running the thing. It seems like WENN is piggybacking on the Kodak name and although it probably would be a good idea to get in with an existing stock site, that's then three companies sharing the profits rather than the existing two.

Who knows, maybe WENN shopped around and wanted to partner with a stock site, but had to make do with Kodak!

WENN have 2 stock sites, but they don't mention stock or agency in the blurb about the new enterprise.  https://kodakcoin.com/

« Reply #39 on: January 12, 2018, 04:13 »
0
Sure, it's a well known brand name, but nobody has heard of Kodak Stock, or whoever it is. It's an untried and untested agency, so although the brand name will no doubt entice some people to dip their toes in the water... it's not like everyone is going to ditch SS, iS and all the other sites the moment they open their doors.
From what I'm seeing there is a mixed review of whether "Adobe Stock" has made a significant impact and thats piggybacking on Fotolia. But probably its true a Smart move might be to buy an existing agency.

True. The gist I'm getting from this whole thing is that Kodak don't really have much to do with this... it's WENN who seem to have come up with the technology and will be running the thing. It seems like WENN is piggybacking on the Kodak name and although it probably would be a good idea to get in with an existing stock site, that's then three companies sharing the profits rather than the existing two.

Who knows, maybe WENN shopped around and wanted to partner with a stock site, but had to make do with Kodak!

WENN have 2 stock sites, but they don't mention stock or agency in the blurb about the new enterprise.  https://kodakcoin.com/
Isn't that what they are calling the "Distribution Platform" though maybe agencies themselves could participate....I do like the idea of Blockchain to register ownership I just feel the claims are somewhat overblown...."Kodak Coin will become the currency of choice for the image economy.".....wow!

« Reply #40 on: January 12, 2018, 04:27 »
+1
The issues this raises were argued to death in this thread http://www.microstockgroup.com/selling-direct/peer-to-peer-direct-stock-selling-platform/ which is virtually the same scheme, who knows it might actually be the same scheme.

« Reply #41 on: January 12, 2018, 05:28 »
+1
The issues this raises were argued to death in this thread http://www.microstockgroup.com/selling-direct/peer-to-peer-direct-stock-selling-platform/ which is virtually the same scheme, who knows it might actually be the same scheme.
and if I had invested in that one I would now be extremely worried  :o


« Reply #42 on: January 12, 2018, 05:59 »
0
The issues this raises were argued to death in this thread http://www.microstockgroup.com/selling-direct/peer-to-peer-direct-stock-selling-platform/ which is virtually the same scheme, who knows it might actually be the same scheme.


With the difference that Kodak isn't exactly some fly-by-night anonymous "Mike", so there might be something with a momentum there.

« Reply #43 on: January 12, 2018, 06:15 »
0
The issues this raises were argued to death in this thread http://www.microstockgroup.com/selling-direct/peer-to-peer-direct-stock-selling-platform/ which is virtually the same scheme, who knows it might actually be the same scheme.


With the difference that Kodak isn't exactly some fly-by-night anonymous "Mike", so there might be something with a momentum there.


Kodaks involvement is licensing their brand name to WENN.  Your choice is between WENN and Mike.  Mike we know a little as we have had chance to quiz him on the forum, WENN sell paparazzi photos and celebrity gossip, not much of a choice.

« Reply #44 on: January 12, 2018, 06:52 »
+1

Kodaks involvement is licensing their brand name to WENN.  Your choice is between WENN and Mike.  Mike we know a little as we have had chance to quiz him on the forum, WENN sell paparazzi photos and celebrity gossip, not much of a choice.

I'd presume that Kodak did its due diligence and doesn't mind licensing their brand name to some. It didn't license it to Mike, if that's his name. I did indeed question Mike and he didn't answer a single technical question. Apparently I was too stupid to understand the technology. I might as well could have asked a snake oil peddler if his product is FDA approved.

There is still quite a bit of a distance between a known operational business, even if considered distasteful, and someone with no track record whatsoever.  Many concerns of course remain. I also have doubts that the increase in policing will somehow attract buyers. I'll wait and see.
« Last Edit: January 12, 2018, 07:08 by niktol »

« Reply #45 on: January 12, 2018, 07:39 »
0
The issues this raises were argued to death in this thread http://www.microstockgroup.com/selling-direct/peer-to-peer-direct-stock-selling-platform/ which is virtually the same scheme, who knows it might actually be the same scheme.


With the difference that Kodak isn't exactly some fly-by-night anonymous "Mike", so there might be something with a momentum there.


Kodaks involvement is licensing their brand name to WENN.  Your choice is between WENN and Mike.  Mike we know a little as we have had chance to quiz him on the forum, WENN sell paparazzi photos and celebrity gossip, not much of a choice.


You can read WENN's accounts here. https://beta.companieshouse.gov.uk/company/04375163/filing-history It's been around for twenty-five years and has physical offices you can visit.

You can get a credit rating for WENN.

Can you do that for "Mike"? Is that even his real name?





« Reply #49 on: January 12, 2018, 09:02 »
0
The issues this raises were argued to death in this thread http://www.microstockgroup.com/selling-direct/peer-to-peer-direct-stock-selling-platform/ which is virtually the same scheme, who knows it might actually be the same scheme.


With the difference that Kodak isn't exactly some fly-by-night anonymous "Mike", so there might be something with a momentum there.


Kodaks involvement is licensing their brand name to WENN.  Your choice is between WENN and Mike.  Mike we know a little as we have had chance to quiz him on the forum, WENN sell paparazzi photos and celebrity gossip, not much of a choice.


You can read WENN's accounts here. https://beta.companieshouse.gov.uk/company/04375163/filing-history It's been around for twenty-five years and has physical offices you can visit.

You can get a credit rating for WENN.

Can you do that for "Mike"? Is that even his real name?


Would Mike use images on his launch site, with Adobe Stock watermarks on them?  Rights Management my arse.


 

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