GLOBAL BLOCKCHAIN TECHNOLOGIES CORP., a lead investor in the KODAKOne platform is pleased to announce that WENN Digital, Inc., the operator of the KODAKOne Image Rights Management Platform (“KODAKOne”), a blockchain-based image rights management and protection platform, announced it will officially commence the $1.00 round of its offering of the Simple Agreements for Future Tokens (SAFTs) on May 21, 2018.
KODAKOne is an image protection, monetization and distribution platform secured in blockchain, which is expected to launch a beta program in 2018, will provide an image marketplace where users can buy, sell and trade photos based on licensing terms and conditions – serving as a one-stop shop for photographers’ management, protection and distribution needs. The platform will create an encrypted ledger of rights ownership for photographers to protect, manage and monetize their new and archived works – making it significantly cheaper and faster to register, move and sell their digital images.
Shidan Gouran, President & CEO of the Company said, “BLOC incubates, founds, partners and strategically invests in companies who are committed to innovating and developing technology to improve and change industries. Our investment in KODAKOne is now progressing to a fully commercial offering, which should rank as one of the very first security compliant offerings in Blockchain.”
Bruce Elliot, President of ICOx Innovations, a company that develops crypto economies and is one of the founding organizations of WENN Digital and the KodakOne Platform said, “We are extremely excited to get this first project to this stage. Bringing today’s technology to solve real problems with big brands and executing the process the most efficient and regulatory compliant manner, we believe we are setting a path in developing what will be a healthy and vibrant crypto industry.”