Today news
About the same in other media
A DAO investor group wants to buy Blockbuster and revive it as a decentralized movie-streaming service
Reading now: 294
Popmotion Pictures
A group of investors wants to unleash Blockbuster's potential in the next iteration of the internet by purchasing and rebooting the movie-rental company as a decentralized streaming service.
The investors, via a decentralized autonomous organization (DAO), are aiming to raise at least $5 million to purchase the «nostalgic» and «historic» company. Such a move would follow last month's high-profile attempt by another DAO to purchase an original copy of the US Constitution.
«It's time to liberate the brand from purgatory and give it a new lease on life. A brand of the people should be owned by the people and governed by the people. Even the name, Blockbuster, lends itself to becoming a Web3 product,» wrote BlockbusterDAO in a
Read more on markets.businessinsider.comAbout this in other media
Billionaire investor Ray Dalio says allocating up to 2% of one's portfolio to bitcoin is reasonable markets.businessinsider.com /2 years ago
Bitcoin-loving Miami mayor Francis Suarez asked US city leaders to sign crypto-boosting pledge when he took over national group markets.businessinsider.com /2 years ago
The SEC hires a senior advisor for cryptocurrency policy after a blockbuster year for digital assets markets.businessinsider.com /2 years ago
Show more
The website gocryptonft.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
