Who’s KodakOne? ICO Plans commented by market leader COPYTRACK
January 12th 2018 – Press release Copytrack, Mary Eising
Kodak have just started their new project “KodakOne” and already their shares have skyrocketed. In 2012 it was a different story as they were on the verge of bankruptcy, but they are slowly fighting their way back with their new idea. But what’s all the hype around the new project “KodakOne”?
The growth of digitalization has hit the image industry hard. Around 85% of all images online are used without a valid license and digital image theft has become the norm. For that reason, a number of image rights portals have been fighting against online image theft for years.
In December 2017, Copytrack, one of the world-leading online image rights portals, introduced their blockchain project the “Global Copyright Register”. The project is the next milestone for the company on their mission to prevent image theft and protect the images of photographers. Thanks to Copytrack’s successful track record and their innovative roadmap the pre-sale closed raising a total of $7.6 million USD. So, it seems that Kodak’s idea is nothing new.
Marcus Schmitt, CEO of Copytrack, states: “It’s always been our mission to improve the protection of photographers and rightsholders online. It’s been a great recognition to be supported by over 1600 backers who have invested a total of 7.6 million USD in our vision to democratize copyright and prevent image theft for photographers – and this was just the pre-sale.
Unlike Copytrack, KodakOne is still in the preparation stage. We can only state 3 key differences and facts between KodakOne’s planned ICO and Copytrack’s Global Copyright Register so far:
- 1. KodakOne is a brand licensing cooperation between Kodak and Wenn Digital Inc., a Delaware company founded in Nov.2017. Copytrack has a proven track record of several years and has developed its technology fully in-house with enforcement services in 140 countries.
- 2. KodakOne plans to solely register images on the blockchain while Copytrack’s “Global Copy-right Register” is an open blockchain for any type of digital content (images, music, video, etc.).
- 3. KodakOne’s ICO will be a closed sale that’s only accessible to accredited investors, whereas Copytrack keeps its ICO open to all investors of the blockchain and cryptocurrency community.
We can’t comment on KodakOne’s technology as neither their system nor their whitepaper are available yet.
At Copytrack we strongly believe that blockchain and cryptocurrencies set the foundation of the internet’s future. It’s exciting to be part of it and help creators protect, track and monetize their work with the Global Copyright Register. Our main sale ICO still runs until February 10”, concludes Schmitt.
About Copytrack:
Established in 2014, Copytrack is the global market leader in copyright protection for photographers. Headquartered in Berlin the company maintains a network of lawyers and legal operations in 140 countries. It turns a claim volume of over $2.5M USD each month for its clients.
Copytrack developed a unique image search and recognition technology. Its proprietary web crawler scans more than 1000 WPS (websites per second) and detects copyright infringement regardless of cropped, changed or flipped images. Copytrack’s data centers and technology is fully scalable and hosts an enormous image index database.
Copytrack launched the ICO for its Global Copyright Register on December 10, 2017, and raised $7.6M USD (5,624 Ethereum) from over 1.600 backers on January 9, 2018.
Copytrack’s main sale ICO still runs until February 10, 2018.
More information about Copytrack ICO via https://copytrack.io
More information about Copytrack existing business via https://copytrack.com
For interview requests please contact Mary Eising via [email protected]
COPYTRACK Contact
Mary Eising, PR & Content
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