The strange and murky saga of KodakCoin and KodakOne

You probably reacted to the announcement of KodakCoin – a Kodak-branded cryptocurrency specifically for photographers and photo agencies – the same way most people did, something along the lines of “What? Huh. Okay.”

Much of the photography community didn’t really know what to make of the announcement – and, as it turns out, the business community didn’t either. The company’s shares tumbled by more than 15% when markets in New York opened on Wednesday, following delays to the currency’s rollout and an announcement that only accredited investors with a net worth of more than $1 million, or an income of at least $200,000, would be able to actually buy them.

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Jon Stapley

Jon spent years at IPC Media writing features, news, reviews and other photography content for publications such as Amateur Photographer and What Digital Camera in both print and digital form. With his additional experience for outlets like Photomonitor, this makes Jon one of our go-to specialists when it comes to all aspects of photography, from cameras and action cameras to lenses and memory cards, flash diffusers and triggers, batteries and memory cards, selfie sticks and gimbals, and much more besides.  

An NCTJ-qualified journalist, he has also contributed to Shortlist, The Skinny, ThreeWeeks Edinburgh, The Guardian, Trusted Reviews, CreativeBLOQ, and probably quite a few others I’ve forgotten.