It became a poster child for too-good-to-be-true tech: MoviePass, founded a decade ago in the East Village, offered cinephiles unlimited theater admission for $10 each month, before it collapsed into bankruptcy in January 2020.
But it may yet have a second act, built on the buzzy web3 technologies. MoviePass 2.0 is coming this summer, as announced Thursday by Stacy Spikes, the company’s founder who left the company in 2018 but bought it out of bankruptcy last year for $140,000. He believes the company can help bring people back to theaters devastated by the Covid-19 pandemic.
“It bugs me how people talk about the end of the movie industry,”
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