Globenewswire, June 8, 2018 | Press Release by WENN Digital, Inc.
The partnership will provide more than 10 million fans each year access to the innovative KODAKOne blockchain platform, allowing for in-venue photo & video registration and protection, and future KODAKCoin token payments through the platform and in the Arena Alliance venues
Los Angeles, CA, June 07, 2018 (GLOBE NEWSWIRE) -- WENN Digital, Inc., the creator and operator of the blockchain-based KODAKOne Image Rights Management Platform (KODAKOne Platform) and the KODAKCoin cryptocurrency, today announced its partnership with Oak View Group (OVG), to bring the KODAKOne Platform and KODAKCoin Token to six OVG Arena Alliance venues, including four NBA teams and two NHL teams.
Participating arenas and teams include: AT&T Center (home of the San Antonio Spurs), Bankers Life Fieldhouse(home of the Indiana Pacers), Golden 1 Center (home of the Sacramento Kings), Xcel Energy Center (home of the Minnesota Wild), Prudential Center (home of the New Jersey Devils) and Talking Stick Resort Arena (home of the Phoenix Suns).
Through the partnership, more than 10 million fans each year will have access to the to-be launched KODAKOne Platform, enabling them to upload, register and protect their in-venue photos and videos via KODAKOne Platform’s blockchain technology.
“We want to introduce the KODAKOne Platform to a creative audience that we believe will both benefit from its functionality and serve as early adopters,” said Jan Denecke, CEO of WENN Digital. “The KODAKOne Platform is being designed specifically to enable users to upload, register and share their work, as well as be compensated for it in certain instances. Given the millions of fantastic live event photographs generated each year at OVG’s Arena Alliance venues, this was a natural place for us to start.”
“Mobile devices have transformed fans of professional sports and live events into some of our most talented content creators, and have enabled an unprecedented level of engagement for arena operators,” added Dan Griffis, President of OVG Global Partnerships.
As part of the partnership, WENN Digital and the six Arena Alliance members will collaborate to build a platform that allows fans to use KODAKCoin Token for an array of in-venue transactions and promotions. To promote the use of both KODAKOne Platform and KODAKCoin Token, each venue will develop a number of arena and product promotions for attendees who use the platform. The arenas will also collaborate with WENN Digital to register their own video and photo content to be protected on KODAKOne Platform.
“We believe our partnership with OVG and these six select venues will provide groundbreaking access to the world of sports and entertainment – two of the most publicly followed and documented industries,” said Benedikt Dohnanyi, CCO of WENN Digital. “Through the KODAKOne Platform, we are creating a new way for fans to further engage with the teams and performers they follow, all while rewarding their creative drive by building an environment where their images can be securely maintained.”
“We are thrilled that Bankers Life Fieldhouse is using the KODAKOne Platform and KODAKCoin Token to drive the guest experience forward by rewarding our guests for the content they create,” said Terry Tiernon, VP of Corporate Partnership for the Indiana Pacers.
More information about the features and capabilities of the KODAKOne Platform can be found at www.kodakone.com.
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About WENN Digital:
WENN Digital, a brand licensee of Eastman Kodak Company, is the creator and operator of the KODAKOne Platform and the KODAKCoin Tokens. WENN Digital and its advisors are an experienced development and operations team with expertise in proprietary blockchain development, big data, copyright law, AI-enabled image recognition and post-licensing monetization systems.
About Oak View Group:
Oak View Group was founded in 2015 by Tim Leiweke and Irving Azoff to be a positive disruption in sports and entertainment and currently has over 200 employees across offices in Los Angeles and New York. OVG's business divisions include OVG Business Development, OVG Global Partnerships, OVG Media and Conferences, OVG Facilities, Prevent Advisors and the Arena Alliance.
This release contains forward-looking statements including, but not limited to, statements regarding the launch and operation of the KODAKOne Platform and KODAKCoin Token, and benefits for consumers and/or event attendees at OVG Arena Alliance venues. Forward-looking statements should not be read as a guarantee of future performance or results, and will not necessarily be accurate indications of the times at, or by, which such performance or results will be achieved, if at all. Forward-looking statements are subject to risks and uncertainties that could cause actual performance or results to differ materially from those expressed in or suggested by the forward-looking statements.With regard to the KODAKOne Platform and KODAKCoin Token, you should read WENN Digital’s offering memorandum, dated May 21, 2018, which identifies certain of these and additional risks and uncertainties. We do not undertake any obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future developments or otherwise.