The 130-year old company is offering blockchain-based document management.
Created by WENN Digital, KODAKOne and the KODAKCoin is announced to launch at 6 major OVG sports venues reaching over 10 million fans per year.
Imaging giant Kodak is now looking at May 21 for the SAFT offering of its KODAKCoin for accredited investors.
KODAKCoin's backers are calling a crypto exchange's ICO launch claims "fraudulent."
Kodak licensed its brand out to WENN Digital for the KODAKCoin token, which could net the onetime photography giant between $2 and $5 million.
A new "light paper" says the token could face "significant restrictions" should the U.S. Securities and Exchange Commission (SEC) deem it a security.
A hedge fund with short position in Kodak does not believe the image firm will use blockchain technology to save itself.
Photo company Kodak announced it was delaying its token sale by "several weeks" on Wednesday, the day it was originally supposed to launch.
The company licensed by Kodak to use its name in conjunction with a new cryptocurrency has already begun pre-selling it ahead of a public initial coin offering (ICO).