Polygon Chosen for Disney Accelerator Program

Polygon Chosen for Disney Accelerator Program

Polygon is the final note absolutely-fledged blockchain project selected for the program.

Key Takeaways

  • The Walt Disney Firm has introduced that Polygon will happen in its accelerator program this year.
  • Polygon will catch leadership and mentorship from Disney; this would maybe furthermore preserve part in an on-space Demo Day.
  • Flickplay and Lockerverse, two different firms with a spotlight on NFTs, will preserve part in the program as effectively.

The Walt Disney Firm has chosen Polygon to preserve piece in its accelerator program, per a press unencumber.

Polygon Will Help Demo Day

Blockchain firm Polygon is one among six firms that will preserve piece in Disney’s accelerator program this year.

This diagram will peek Disney provide guidance from its leadership team and offer a dedicated mentor. Every participant would possibly also wait on a Demo Day at Walt Disney Studios in Burbank, California.

Ryan Watt, CEO of Polygon Studios, famend that Polygon changed into “the final note blockchain selected” to preserve piece in the program. He added that this “speaks volumes to the work being completed [at Polygon], and the set aside we’re going as a firm.”

As well to being the final note blockchain selected, Polygon is a number one blockchain project in its hang merely. The firm’s MATIC token is currently the 18th ultimate cryptocurrency in the marketplace, boasting a market cap of $4.61 billion.

Disney did now not issue why it’s miles drawn to Polygon nonetheless drew attention to its Web3 components—implicitly, its ability to integrate cryptocurrency transactions with web purposes.

Two Other Participants Level of interest on NFTs

Two different blockchain-connected firms had been selected. Flickplay, a social media platform for video NFTs, and Lockerverse, a web based e-commerce platform that has filed NFT-connected logos, will preserve part in the accelerator as effectively.

Although there is rarely at all times any indication that these efforts will evolve into a permanent relationship, Disney is clearly drawn to NFTs. The firm has released several lines of NFTs in partnership with the digital collectibles market Veve since 2021.

Additionally, dilapidated Disney CEO Bob Iger has urged that NFTs hang “extra special” doable for Disney due to its gargantuan series of intellectual properties.

While the above accelerator contributors are eager with blockchain and NFTs, the final three firms are more broadly occupied with “metaverse” applied sciences.

These three firms—Purple 6, Obsess, and Inworld—are targeted on augmented actuality and artificial intelligence.

Disclosure: At the time of writing, the author of this part owned BTC, ETH, and different cryptocurrencies.

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