Children of the 80s and 90s rejoiced this week when they realized a blast from the past may be creeping back into the zeitgeist: Blockbuster.
"Seeing the Blockbuster chain back would bring memories, from the past. Friday night after middle school, my cousins and I would make a run for the store, rent movies, video games @SEGA and that would be our weekend party!!" they tweeted.
. They owned the licensing rights and created Blockbuster On Demand, a library of thousands movies available to DISH customers and as a standalone app. The app is no longer available. The Blockbuster DAO, later renamed Rewind, had a goal of raising $5 million to buy the brand from DISH. 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. Read the 🧵👇The DAO said there are several options for the company after it is bought, including creating an NFT presence, a streaming platform or distributing films to theaters.
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