After the news of dealy in the launch of its new cryptocurrency, Eastman Kodak shares fell down. Eastman’s KodakCoin is designed to assist photographers register, license and manage their images.
Eastman Kodak launched its The initial coin (ICO) offering at the CES technology trade fair and the company is claiming the investors around 40,000. Investors can start purchasing on 31 January. But now the company has said that it will delay the launch.
The company has blamed the delay on the need to verify each investor.
The company’s interest in crypto-currency has surprised the followers of this 130-year-old photography company. Some are saying that this is an attempt to boost company’s fortune.