DAO Forms to ‘Liberate Blockbuster’ and Build Decentralized Streaming Service

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DAO Forms to ‘Liberate Blockbuster’ and Build Decentralized Streaming Service

 
A new decentralized autonomous organization (DAO) dubbed BlockbusterDAO has been formed to raise USD 5m and acquire the defunct movie rental business Blockbuster.
“Our mission is to liberate Blockbuster and form a DAO to collectively govern the brand as we turn Blockbuster into the first-ever DeFilm streaming platform and a mainstay of both the Web3 brands and products, but a powerhouse in the future of the film industry,” the project said….
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