A DAO forms with the goal of "liberating" Blockbuster, hoping to raise $5 million from NFTs

Tweet from BlockbusterDAO (@BlockbusterDAO): "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 🧵👇"BlockbusterDAO's announcement tweet (attribution)
A group called "BlockbusterDAO" emerged, with the stated goal of "liberat[ing] Blockbuster and form[ing] a DAO to collectively govern the brand as we turn Blockbuster into the first-ever DeFilm streaming platform". Ideas for the DAO's plans after buying the corporation included creating original films and also getting into crypto gaming, for some reason. Some outlets noted that it's unlikely Dish, the current owner of Blockbuster, would sell the corporation for any amount (and particularly for an amount $315 million less than what it bought them for ten years ago), but I suspect that minor detail is unlikely to slow the group down much.