Polygon Chosen for Disney Accelerator Program
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Polygon Chosen for Disney Accelerator Program

THELOGICALINDIAN - Polygon is the alone fullyfledged blockchain activity called for the affairs

The Walt Disney Company has called Polygon to booty allotment in its accelerator program, according to a press release.

Polygon Will Attend Demo Day

Blockchain close Polygon is one of six companies that will booty allotment in Disney’s accelerator affairs this year.

The affairs will see Disney accommodate advice from its administration aggregation and action a committed mentor. Each actor will additionally appear a Demo Day at Walt Disney Studios in Burbank, California.

Ryan Watt, CEO of Polygon Studios, noted that Polygon was “the alone blockchain selected” to booty allotment in the program. He added that this “speaks volumes to the assignment actuality done [at Polygon], and area we’re activity as a company.”

In accession to actuality the alone blockchain selected, Polygon is a arch blockchain activity in its own right. The company’s MATIC badge is currently the 18th better cryptocurrency on the market, boasting a bazaar cap of $4.61 billion.

Disney did not say why it is absorbed in Polygon but drew absorption to its Web3 features—implicitly, its adeptness to accommodate cryptocurrency affairs with web applications.

Two Other Participants Focus on NFTs

Two added blockchain-related companies were selected. Flickplay, a amusing media belvedere for video NFTs, and Lockerverse, an online e-commerce belvedere that has filed NFT-related trademarks, will participate in the accelerator as well.

Though there is no adumbration that these efforts will advance into a abiding relationship, Disney is acutely absorbed in NFTs. The aggregation has appear several curve of NFTs in affiliation with the agenda collectibles exchange Veve back 2024.

Additionally, above Disney CEO Bob Iger has appropriate that NFTs accept “extraordinary” abeyant for Disney acknowledgment to its ample cardinal of bookish properties.

While the aloft accelerator participants are complex with blockchain and NFTs, the actual three companies are added broadly complex in “metaverse” technologies.

Those three companies—Red 6, Obsess, and Inworld—are focused on aggrandized absoluteness and bogus intelligence.

Disclosure: At the time of writing, the columnist of this allotment endemic BTC, ETH, and added cryptocurrencies.