SAFT-tocancel KodakCoin scheduled for may 21

Company WENN Digital, organizer ICO KodakCoin, has appointed start SAFT-licensee on may 21 to raise $50 million investment. The placement of a token (simple agreement for future tokens) suggests that to participate in it can only accredited investors. She’s chosen to completely eliminate the possibility of accusations of financial regulators: in the sale of unregistered securities.

Investors will offer SAFT-agreement at a price of $1 per contract on the platform Cointopia under the control of the companies Pickwick Capital Partners Capital and Exemplar.

According to the head of WENN Jana Denecke (Denecke Jan), the organizers have the task to hold tocancel “securely and transparently, demonstrating best practices that will give users confidence in kriptonyte”.

We will remind, recently there appeared the information that the scammers decided to take advantage of the prolonged January pause in the organization of the ICO project and tried to sell the tokens on its own resources. And in February, the investment Fund Kerrisdale Capital released a report which stated that blockchain project Kodak is a “Scam” for the “promotion of shares of the company close to bankruptcy”.

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