DAO aims to raise $5M to resurrect Blockbuster Video By Cointelegraph
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A new decentralized autonomous organization (DAO) has been formed with the goal of buying the Blockbuster brand from Dish Network (NASDAQ:) and turning it into a film studio and streaming platform.
Blockbuster Video is an American video rental company founded in 1985 which once had 6,000 stores globally and was valued at over $8 billion, before it shuttered almost all of its operations in 2014. It is currently owned by Dish Network and operates just one store in Bend, Oregon.
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A new decentralized autonomous organization (DAO) has been formed with the goal of buying the Blockbuster brand from Dish Network (NASDAQ:) and turning it into a film studio and streaming platform.
Blockbuster Video is an American video rental company founded in 1985 which once had 6,000 stores globally and was valued at over $8 billion, before it shuttered almost all of its operations in 2014. It is currently owned by Dish Network and operates just one store in Bend, Oregon.
Continue Reading on Coin Telegraph
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
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