Notes about the BlockbusterDAO
Decentralized streaming platform and entertainment studio BlockbusterDAO are being developed by the BlockbusterDAO community on the Web 3.0 platform.
Unlike other blockchain projects, BlockbusterDAO doesn't have a team of ex-Blockbuster employees working together to recapture the company's previous glory.
Instead, the team is made up entirely of long-time Blockbuster customers who miss the days of renting movies from a reallocation.
A decentralized autonomous organization (DAO) is a group of individuals united by a shared objective.
The fact that DAOs exist on the blockchain sets them apart from other organizations.
The community behind BlockbusterDAO is working to create a decentralized streaming network for movies, television shows, and video games built on the blockchain.
A crowdsourcing effort has been launched to obtain the Blockbuster intellectual property from Dish Network (DISH).
Dish purchased Blockbuster's assets when the firm filed for bankruptcy more than a decade ago.
The DAO will be able to begin its streaming service under the Blockbuster moniker after these assets have been secured.