Key Takeaways
- The Walt Disney Firm has introduced that Polygon will happen in its accelerator program this 12 months.
- Polygon will obtain management and mentorship from Disney; it’ll additionally take part in an on-site Demo Day.
- Flickplay and Lockerverse, two different firms with a give attention to NFTs, will take part in this system as properly.
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The Walt Disney Firm has chosen Polygon to participate in its accelerator program, based on a press release.
Polygon Will Attend Demo Day
Blockchain agency Polygon is one among six firms that may participate in Disney’s accelerator program this 12 months.
This system will see Disney present steering from its management crew and provide a devoted mentor. Every participant can even attend a Demo Day at Walt Disney Studios in Burbank, California.
Ryan Watt, CEO of Polygon Studios, noted that Polygon was “the one blockchain chosen” to participate in this system. He added that this “speaks volumes to the work being accomplished [at Polygon], and the place we’re going as an organization.”
Along with being the one blockchain chosen, Polygon is a number one blockchain venture in its personal proper. The corporate’s MATIC token is presently the 18th largest cryptocurrency available on the market, boasting a market cap of $4.61 billion.
Disney didn’t say why it’s excited by Polygon however drew consideration to its Web3 options—implicitly, its potential to combine cryptocurrency transactions with internet purposes.
Two Different Members Deal with NFTs
Two different blockchain-related firms have been chosen. Flickplay, a social media platform for video NFTs, and Lockerverse, an internet e-commerce platform that has filed NFT-related trademarks, will take part within the accelerator as properly.
Although there is no such thing as a indication that these efforts will evolve into an enduring relationship, Disney is clearly excited by NFTs. The corporate has launched a number of traces of NFTs in partnership with the digital collectibles market Veve since 2021.
Moreover, former Disney CEO Bob Iger has steered that NFTs have “extraordinary” potential for Disney due to its giant variety of mental properties.
Whereas the above accelerator individuals are concerned with blockchain and NFTs, the remaining three firms are extra broadly concerned in “metaverse” applied sciences.
These three firms—Pink 6, Obsess, and Inworld—are targeted on augmented actuality and synthetic intelligence.
Disclosure: On the time of writing, the writer of this piece owned BTC, ETH, and different cryptocurrencies.
