Kodak is rumored to be launching its first digital currency (cryptocurrency), named KodakCoin.
In addition to Kodak, it turns out there are other technology companies are also 'talkative' working on the digital currency market is booming this.
The company is Atari. Famous as a technology company that focuses its business in the game industry, Atari was also going to make its own digital currency called Atari Token.
To launch its business in digital currency, Atari has also acquired a majority stake in the company that developed a blockchain-based digital entertainment platform.
As part of the acquisition process, the company will create a digital currency that will be used to play games.
Just for information, Atari itself recently partnered with one of the online casino game developer, Pariplay.
Through Atari Token, it is possible that this method of online gambling game transactions can be used as a form of payment or bet money in the game.
With the development of a new business direction, the Atari officials hope to have a positive impact and more value for the brand.
"The goal is to take a strategic position with limited cash risk, to create the best value with Atari's assets and brand".
The selection of the name of digital currency was quite unique. Why? Atari also previously had the same name for the currency in the game, which can be used to buy content.
So, whether Atari Token is also going to have the same function? We will see later.
There are about 40,000 investors who want to disburse funds to KodakCoin.
Nevertheless, Kodak admits to having to review every interested investor. This review also took place not for a while, maybe for weeks.
Basically, investors interested in KodakCoin are disclosed must have an "accredited" status. Thus, they must have the minimum earnings requirements that the company expects.
KodakCoin reportedly will be launched in conjunction with Wenn Digital to create KodakOne photo copyright platform that can sell photos legally to avoid copyright infringement.
So, KodakCoin digital currency will be used for someone who can buy photos from the photographer officially and can pay them directly with KodakCoin.