DAO aims to raise $5M to resurrect Blockbuster Video
A new decentralized autonomous organization (DAO) has been formed with the goal of buying the Blockbuster brand from Dish Network and turning it into a film studio and streaming platform. Blockbuster Video is an American video rental company founded in 1985 which once had 6,000 stores globally and was valued at over $8 billion, before […]
ConstitutionDAO: PEOPLE price pumps 200% as new ‘We The People’ token unveiled
PEOPLE, the governance token of ConstitutionDAO, soared in value by nearly 200% in just 24 hours despite its trading volumes falling off the cliff in the same period, data on CoinMarketCap shows. The cost to purchase 1 PEOPLE token surged to $0.0321 compared to $0.0110 24 hours ago. In contrast, its trading volumes across the […]
BREAKING: ConstitutionDAO fails to win Sotheby's auction
The online group, ConstitutionDAO, has failed in its bid to purchase the last privately owned, 1st edition print copy of the U.S. Constitution at public auction at Sotheby’s on Thursday. “The ‘Official Edition’ of The United States Constitution” was instead won by an unknown bidder for $41M (or $43.2 million after auction fees), meaning the […]