Crypto group wants to revive Blockbuster as a s†rêâmïng service

Back in the days before s†rêâmïng, Blockbuster, which originally opened in 1985, became the premier provider of home movie and video game rental services around the world.

At its peak, there were more than 9,000 Blockbusters worldwide, with 83,000-plus employees, catering to people looking for the latest movie to rent for the weekend.

Unfortunately, competition from Nétflí×’s mail-order service, video-on-demand, and automated kiosks, led to the video rental franchise’s decline and the company eventually filed for bankruptcy in 2010.

However, rumors online point to the possibility of the former video rental chain making a comeback in the form of a new s†rêâmïng service that would run on blockchain.

As reported by You do not have permission to view the full content of this post. Log in or register now., a Crypto group that calls itself Blockbuster DAO is trying to generate $5 million to acquire the intellectual property rights to the brand, which is currently being held by Dish Network.

Dish Network purchased Blockbuster for $320 million in 2011, and closed its remaining stores and DVD-by-mail service in 2014.

Blockbuster DAO, which stands for Decentralized Autonomous Organization, wants to raise $5 million to rebuild and rebrand Blockbuster into “the first-ever DeFilm (decentralized) s†rêâmïng platform to become “the powerhouse in the future of the film industry.”

The group recently shared their plans via a Twitter thread, outlining their goals and how they plan to accomplish these.
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FX Empire, who first reported the proposal, says that the DAO plans to "use a PR campaign to build pressure on Dish Network to sell Blockbuster."
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Back in the days before s†rêâmïng, Blockbuster, which originally opened in 1985, became the premier provider of home movie and video game rental services around the world.
At its peak, there were more than 9,000 Blockbusters worldwide, with 83,000-plus employees, catering to people looking for the latest movie to rent for the weekend.
Unfortunately, competition from Nétflí×’s mail-order service, video-on-demand, and automated kiosks, led to the video rental franchise’s decline and the company eventually filed for bankruptcy in 2010.
However, rumors online point to the possibility of the former video rental chain making a comeback in the form of a new s†rêâmïng service that would run on blockchain.
As reported by You do not have permission to view the full content of this post. Log in or register now., a Crypto group that calls itself Blockbuster DAO is trying to generate $5 million to acquire the intellectual property rights to the brand, which is currently being held by Dish Network.
Dish Network purchased Blockbuster for $320 million in 2011, and closed its remaining stores and DVD-by-mail service in 2014.
Blockbuster DAO, which stands for Decentralized Autonomous Organization, wants to raise $5 million to rebuild and rebrand Blockbuster into “the first-ever DeFilm (decentralized) s†rêâmïng platform to become “the powerhouse in the future of the film industry.”
The group recently shared their plans via a Twitter thread, outlining their goals and how they plan to accomplish these.

FX Empire, who first reported the proposal, says that the DAO plans to "use a PR campaign to build pressure on Dish Network to sell Blockbuster."

While it’s unlikely Dish Network would sell Blockbuster, there's no denying that in recent years, there’s been a wave of nostalgia for all things classic, including the Blockbuster brand.
Dish Network has reportedly licensed the Blockbuster name and logo for merchandise for t-shirts, puzzles and board games.
As of 2021, only one franchised Blockbuster store, located in Bend, Oregon, remains open in the world. The store was listed on You do not have permission to view the full content of this post. Log in or register now. for a limited time in 2020 and became thesubject of the 2020 documentary film The Last Blockbuster
 

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