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The incentive would be to get tokens that they in theory could exchange for money on exchanges. The token's value would be determined by the free market, or by
by dev_throw 9y ago
The incentive would be to get tokens that they in theory could exchange for money on exchanges. The token's value would be determined by the free market, or by the incentives they talk about in the article:
> "...such as a share of KodakOne’s revenue and access to a “marketplace” that will allow them to spend their KodakCoins on camera equipment, studios for photo shoots, and travel expenses."
- CydeWeys 9y agoYeah, but that has nothing to do with the service they're offering. It's a service with random blockchain stuff grafted on. If you want to use tokens as store of value or medium of exchange, go use something like Bitcoin, Ethereum, etc.
- k__ 9y agoSeems to me like some people can't understand the difference between tokens and blockchains. But maybe they do and thought "Well, a blockchain is a good idea to track photo ownership AND people make mad bucks with crypto currencies at the moment, we can offer a something that has to do with photos and make big money on the side"
- CydeWeys 9y agoIs there truly a meaningful difference between tokens and blockchains though? Sure, the token is running one level up in the architecture hierarchy, using a blockchain or maybe even another token as its settlement layer, but from a user's perspective it doesn't act any differently. It's kind of like how, as a user, I don't know or care whether the HN webserver my browser is talking to right now is running in a VM or on bare metal. The actual use properties of tokens/coins/blockchains aren't any different.