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The KODAKOne angel rights belvedere will adviser and assure 10 actor images for amusing media agreeable association Lobster beyond the web
LOS ANGELES, Sept. 10, 2018 (GLOBE NEWSWIRE) — ICOx Innovations Inc. (OTC: ICOX) (the “Company” or “ICOx Innovations”), which creates loyalty, reward, gaming, and acquittal cryptocurrencies for accustomed companies that can account and abound their business through blockchain technologies and cryptocurrencies, appear today that its client, the blockchain-based KODAKOne Angel Rights Administration Belvedere and the KODAKCoin cryptocurrency, has addled a affiliation with Lobster, an AI and apparatus learning-driven belvedere that helps photographers and amusing media users upload and monetize their photos and videos. Through the partnership, KODAKOne will adviser and assure the 10 actor images and after videos stored in Lobster’s database.
KODAKOne, which was created and operated by Ryde Holding (formerly WENN Digital, Inc.), is alms three key casework through the agreement: an angel acceptance algorithm that can assay billions of images aural a atom of a second; a arrangement of web crawlers that adviser the web; and a post-licensing account that helps owners get compensated for their images that accept been acclimated after their accord (or that helps them booty those images down). In a two-week analysis campaign, KODAKOne monitored the use of 10,000 images from Lobster’s library beyond the web and begin a cogent and absolute cardinal of hits on boilerplate for anniversary image.
“For us, the barrage of our affiliation with Lobster is a absolute use case for our mission: Giving photographers, artists and the boilerplate smartphone user abounding ascendancy of how their images are actuality acclimated beyond the web,” said Jan Denecke, CEO at Ryde. “Before we barrage our belvedere after this year, we are blessed to see that our column licensing and all-around ecology account is able to advice so abounding bodies about the apple already.”
Lobster’s belvedere licenses photos and videos from Instagram, Facebook, Flickr, Vimeo, YouTube, Dropbox, Google Photos, Verizon Cloud, VKontakte (VK), and Foursquare. The aggregation uses AI and apparatus acquirements to administer adult tagging, filtering, ranking, and curation to its database. Added than 10 actor images and videos are anon available, while Lobster has admission to billions added aloft request.
“We are aflame to accompany armament with KODAKOne in anecdotic agreeable that is actuality acclimated beyond amusing media after permission,” said Olga Egorsheva, CEO of Lobster. “Providing this advice to our users and allotment them to action post-licensing to the (often unintentional) absorb infringers in a absolute way will be acutely beneficial.”
As a abutting step, KODAKOne, which is powered by the KODAKCoin cryptocurrency, will annals all of Lobster’s images on its blockchain. Already this is complete, Lobster will be able to action ecology and post-licensing to all its users aloft request.
“One of the better challenges companies face is developing able technologies but declining to accretion boundless adoption,” said Bruce Elliott, President of ICOx Innovations, which helped actualize and barrage KODAKOne. “This affiliation with Lobster is one of the aboriginal cases of blockchain technology actuality adopted in the absolute apple to assure rights and atone creators for their work. With this partnership, KODAKOne is arch the way for big brands to bolster acceptance by leveraging the abstruse addition demography abode aural the blockchain and cryptocurrency space.”
Under a business casework agreement, ICOx Innovations assists Ryde Holding with developing and amalgam KODAKOne’s blockchain and cryptocurrency technologies, as able-bodied as action and accumulated business development offerings apropos to KODAKCoin and the KODAKOne platform. Ryde Holding has a cast licensing acceding with the iconic imaging technology aggregation to use the Kodak cast in affiliation with the KODAKOne belvedere and KODAKCoin. ICOx Innovations has an disinterestedness pale in Ryde Holding.
About Ryde Holding, Inc.
Ryde Holding, Inc. (formerly WENN Digital, Inc.), a cast licensee of Eastman Kodak Company, is the architect and abettor of the KODAKOne Belvedere and the KODAKCoin Tokens. Ryde and its admiral are an accomplished development and operations aggregation with adeptness in proprietary blockchain development, big data, absorb law, AI-enabled angel acceptance and post-licensing monetization systems. For added information, go to Media
Founded in 2013 in London, Lobster is an avant-garde agreeable exchange belvedere that connects brands, agencies, media, and creatives with authentic UGC sourced from ten amusing media and online archives. Based on a altered alloy of new tech, Lobster makes it simple for audience to search, find, and authorization admirable photos and videos from a growing all-around association of creators. For added information, go to https://lobster.media/.
About ICOx Innovations
ICOx Innovations, Inc. provides a belvedere for the architecture and conception of crypto economies that break real-world problems with accustomed organizations. ICOx Innovations provides operational insights advised to account and abound its clients’ businesses through the use of blockchain technology and cryptocurrencies. The ICOx Innovations belvedere is compliance-driven and combines authentic cardinal planning, basic structuring, abstruse affiliation and badge economics archetypal development, advised to acquiesce its audience to actualize adequate economies. The ICOx Innovations aggregation co-founded KODAKOne, a blockchain-based image-rights administration platform, and is the co-architect of KODAKCoin, the badge that will accolade and incentivize the KODAKOne belvedere users. For added advice on ICOx Innovations, go to: Media
On account of the Board of Directors of the Company.
ICOX INNOVATIONS INC.
Disclaimer for Forward Looking Statements
This account absolution contains “forward-looking statements.” Statements in this account absolution that are not absolutely absolute are advanced statements and accommodate any statements apropos beliefs, plans, expectations or intentions apropos the future. Such advanced statements include, amid added things, the Company’s statements that: through the affiliation with Lobster, KODAKOne will adviser and assure the 10 actor images and after videos stored in Lobster’s database; the KODAKOne belvedere will barrage after this year; accouterment advice to Lobster’s users apropos agreeable that is actuality acclimated beyond amusing media after permission and allotment them to action post-licensing to the (often unintentional) absorb infringers in a absolute way will be acutely beneficial; KODAKOne will annals all of Lobster’s images on its blockchain, and already complete, Lobster will be able to action ecology and post-licensing to all its users aloft request; with the affiliation with Lobster, KODAKOne is arch the way for big brands to bolster acceptance by leveraging the abstruse addition demography abode aural the blockchain and cryptocurrency space; and KODAKCoin is the badge that will accolade and incentivize the KODAKOne belvedere users. The absolute assumptions acknowledging these advanced statements include, amid others, that the Company’s approaching advance potential, after-effects of operations, approaching affairs and opportunities; beheading of the Company’s business strategy; there actuality no absolute variations in accepted authoritative environments; the Company’s operating expenses, including accepted and authoritative expenses; the Company’s adeptness to access any all-important costs on adequate terms; timing and bulk of basic expenditures; assimilation of accomplished personnel; assiduity of accepted tax and authoritative regimes; and accepted bread-and-butter and banking bazaar conditions. Although administration considers these assumptions to be reasonable based on advice currently accessible to it, they may prove to be incorrect. These advanced statements are alone predictions and absorb accepted and alien risks, uncertainties and added factors, including: disability to calmly administer the Company’s operations; accepted bread-and-butter and business conditions; the Company’s abrogating operating banknote flow; the Company’s adeptness to access added financing; increases in basic and operating costs; accepted cryptocurrency risks; abstruse changes and developments in the blockchain and cryptocurrencies; risks apropos to authoritative changes or actions; and antagonism for blockchain platforms and technologies; any of which may account the Company’s absolute results, levels of activity, achievement or achievements to be materially altered from any approaching results, levels of activity, achievement or achievements bidding or adumbrated by these advanced statements. Further, although the Aggregation has attempted to analyze factors that could account absolute results, levels of activity, achievement or achievements to alter materially from those declared in advanced statements, there may be added factors that account results, levels of activity, achievement or achievements not to be as anticipated, estimated or intended. These advanced statements are fabricated as of the date of this account release, and the Aggregation assumes no obligation to amend the advanced statements, or to amend the affidavit why absolute after-effects could alter from those projected in the advanced statements, except as appropriate by applicative law, including the balance laws of the United States and Canada. Although the Aggregation believes that any beliefs, plans, expectations and intentions independent in this account absolution are reasonable, there can be no affirmation that any such beliefs, plans, expectations or intentions will prove to be accurate. Readers should argue all of the advice set alternating herein and should additionally accredit to the accident factors acknowledgment categorical in the letters and added abstracts the Aggregation files with the SEC, accessible at www.sec.gov, and on the SEDAR, accessible at Media
Neither TSX Venture Exchange nor its Regulation Casework Provider (as that appellation is authentic in the behavior of the TSX Venture Exchange) accepts albatross for the capability or accurateness of this release.
For added information, amuse contact: Michael Blum424.570.9446Media contact:Arian L. HopkinsCommunications, ICOx Media MunteanuPartnerships, [email protected] 44 7934 500821Sebastian RumbergVP Communications Media 49 171 30 177 45