DAO aims to raise $5M to resurrect Blockbuster Video -Breaking
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With the aim of purchasing Blockbuster from Dish Network (NASDAQ) and making it a streaming and film studio, a new autonomous decentralized organization (DAO), has been created.
Blockbuster Video, an American video rental business founded in 1985, once operated 6,000 locations around the world and was valued at more than $8 billion before being shut down in 2014. Dish Network owns the company. OperatesOnly one store is located in Bend Oregon.
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