The KODAKCoin to have its own community channel on ICOxConnect.com
LOS ANGELES, Feb. 15, 2018 /CNW/ - ICOx Innovations Inc. ( "ICOx Innovations") (OTCPK:ICOX), a company that provides operational support for designers and builders of crypto-economies, who may then sell their tokens in compliance with applicable law in sales commonly referred to as Initial Coin Offerings (ICOs), is pleased to announce that its first blockchain client token, KODAKCoin, will host and manage its community development and activities from the ICOxConnect.com community platform. KODAKCoin, a product of WENN Digital, was announced at the 2018 Consumer Electronic Show. ICOxConnect.com is the blockchain industry's first compliance-driven tokenholder social and information platform for connecting tokenholders and participants to the executive management team of token issuing corporations.
ICOxConnect.com is the first and to date the only community development platform that purposefully restricts its listings to ICOs that comply with applicable law. The ICOxConnect.com platform aims to provide a forum for the communities that support coins that are in compliance with applicable law.
Bruce Elliott, President of ICOx Innovations, said, "Leveraging the ICOx Innovations platform and our strategic, regulatory, operational, blockchain and cryptocurrency development services, we were able to help develop the KODAKCoin and have consulted to ensure that the ICO and ongoing operations of KODAKCoin by WENN Digital are managed in a fair and transparent manner in compliance with applicable law."
Cameron Chell, Chairman of ICOx Innovations, said, "We have a number of additional large organizations looking to launch their crypto economies with operational insights from ICOx Innovations and knowing that ICOxConnect offers a community development channel that is in compliance with applicable law has been a key differentiator in their choice to work with ICOx Innovations."
Jan Denecke, co-founder and developer of the KODAKOne platform, said, "We are excited to have a secure platform in ICOxConnect upon which our community can ask questions and receive answers regarding our ICO and the operation of the KODAKOne platform."
Utilizing blockchain technology, the KODAKOne platform is intended to create an encrypted, digital ledger of rights ownership for photographic archives as well as for photographers to register both new and archived work that they can then license within the platform.
With KodakCoins, participating archives and photographers may take part in a new economy for photography, receive payment for licensing their work immediately upon sale, become eligible to receive certain economic benefits from the overall platform, and for both professional and amateur photographers, sell their work confidently on a secure blockchain platform.
About ICOx Innovations
ICOx Innovations, Inc. provides a platform for the design and creation of crypto economies that solve real-world problems with established organizations and to provide operational insights intended to benefit and grow their businesses through the use of blockchain technology and crypto-currencies. The ICOx Innovations ICO platform is compliance driven and combines rigorous strategic planning, capital structure, technical integration and token-economics model development designed to allow its clients to create sustainable economies.
For additional information please visit www.icoxinnovations.com
ICOxConnect is a compliance-driven tokenholder social and information platform driven to promote credibility and protect tokenholders, interested participants and corporate token sellers from the misinformation and malicious phishing schemes in today's digital world. ICOxConnect provides a leading edge compliance driven social platform to allow corporate token issuers to credibly reach out to their tokenholder community in a manner that complies with applicable law.
For additional information please visit www.icoxconnect.com
About WENN Digital
WENN Digital, in partnership with Eastman Kodak, is the creator of the KODAKOne platform and the KODAKCoin cryptocurrency. WENN Digital is an experienced development and operations team with deep expertise in proprietary blockchain development, big data, copyright law, AI-enabled image recognition and post licensing monetization systems. WENN Digital has a strategic relationship with the Deloitte Analytics Institute in Berlin and the Deloitte Blockchain Institute in Munich. Further, WENN Digital leverages the market position of its 30-year old subsidiary WENN Media, which works with approximately 2,500 professional photographers. WENN Digital's live operational copyright infringement management system is delivering revenues to photographers worldwide today and will form Phase 1 of the KODAKOne platform.
For additional information about KODAKCoin please visit www.kodakcoin.com
SOURCE ICOx Innovations Inc.
For further information: Media Contact: Arian Hopkins, 450-218-9111