The “done-away-with” video rental store, Blockbuster, may be turning into a streaming service.
A group called BlockbusterDAO, which means decentralized autonomous organization, is looking to purchase Blockbuster from Dish Network. They then want to change it to a streaming service that would “run on blockchain.”
In order for this to happen, BlockbusterDAO is attempting to crowd source $5 million.
“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 group wrote on a twitter thread.
Even though Dish Network may not sell Blockbuster, which they acquired for $320 million in 2011, people can still watch the new Netflix comedy dealing with the last Blockbuster that’s already developing.
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