Blockbuster Preparing to Enter Crypto and NFTs
Blockbuster, a once-universal chain of video rental stores, has documented a brand name application with the U.S. Patent and Trademark Office, which reveals insight into its digital currency desires.
The documenting states that the organization is investigating giving a token just as permitting clients to "get, acknowledge, view, buy, sell and trade" NFTs.
Blockbuster additionally clearly plans to offer diversion benefits that depend on "metaversal encounters."
Blockbuster, which once claimed in excess of 9,000 physical stores, turned into a goliath of the VHS rental market during the 1990s. In 2000, the organization rounded up $800 million from late charges alone, with its valuation arriving at an aggregate of billions of dollars. During that very year, Netflix CEO Reed Hastings offered Blockbuster an association to grow the last's web-based presence, yet he was purportedly "giggled out of the room." The rest is history: Blockbuster kicked the bucket in 2010, while Netflix has transformed into a $166 billion streaming titan.
It is currently possessed by satellite TV organization Dish Network, which as of late declared an association with Cardano designer Input Output.
The final Blockbuster store in Bend, Oregon, turned into a significant vacation destination as of late, ascending to worldwide acknowledgment.
Don't call it a comeback...
— Josh Gerben (@JoshGerben) January 26, 2022
Blockbuster (now a subsidiary of Dish Network) has filed a trademark application claiming it plans to offer a BLOCKBUSTER-branded:
1. Cryptocurrency
2. Marketplace for buying and selling NFTs
3. Metaverse environment#web3 #cryptocurrency #metaverse pic.twitter.com/yitbKFrazS