. They have even formed a decentralized autonomous organization to this effect and tweeted their grand plan on Boxing Day.
Last month, we covered how a bunch of enthusiastic crypto investors wanted to buy a rare copy of the U.S. constitution and evenfor this purpose. While the group lost the auction, it did popularize a template of how funds could be raised for a common purpose, albeit using decentralized currencies. The eponymously named BlockbusterDAO plans to pull the same trick on a commercial brand that at its peak had over 9,000 stores but is now down to one. In a Twitter thread, BlockbusterDAO said that public sentiment has turned positive for the brand since its stores have closed andBlockbusterDAO estimates that Dish Network that currently owns the Blockbuster brand could give it up for a sum of $5 million that can be raised through a nonfungible token mint.
The DAO would decide which projects Blockbuster should invest in and the budgetary limits for them as the platform tries to attract talent and create its own original content and also delve into blockchain gaming, as well. the thread elaborated. It also spelled out its benchmarks for success.When we reach $1B in Annual Reocurring Revenue .
Interesting approach, let's see how the crypro sector will change the streaming market! I think people will soon realize what is possible thanks to the blockchain and the decentralization aspect! I'm bullish on how VabbleApp will change the way we stream and consume movies!
Hi, I am a structural engineer from Iran who have many ideas. I have summarized some of my ideas on my page. I want to work with companies and investors. Do you want to cooperate?
Isn't this a repeat of Odysee / Lbry?
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