Blockchain Company Polygon Chosen to Participate in Disney’s 2022 Accelerator Program

According to a Walt Disney Company blog post published Wednesday, blockchain company Polygon has decided to join Disney’s accelerator program The company’s 2022 Disney Accelerator Program. The company’s 2022 Disney Accelerator Initiative is a business development program designed to “accelerate the growth of innovative companies around the world.”

Disney’s 2022 Accelerator focuses on artificial intelligence, NFT, and augmented reality

The Walt Disney Company released aannouncementon Wednesday, describing theprogram, the Disney Acceleratorprogram, which plans to target several different technologies in this year’s class of initiatives He explained that six companies have been selected to participate.” This year’s Disney Accelerator class focuses on building the future of immersive experiences and specializes in technologies such as augmented reality (AR), non-fungible tokens (NFT), and artificial intelligence (AI) characters,” the entertainment company’s blog post detailed.

Disneyexplained on April 22, 2022 that the mass media and entertainment conglomerate was accepting applications for the program.82 days later, Disney announced that companies Flickplay, Inworld, the Lockerverse, Obsess, andrevealed that they had chosen Polygon (30} Disney’s blog post describes Polygon as “a scalable blockchain network that allows developers and companies to build Web3 experiences.” The company said it chose the enterprise because of Disney’s current focus on “next-generation storytelling initiatives.”

Polygon Says Accelerator Participating Companies Will “Receive Guidance from Disney’s Senior Leadership Team”

Following Disney’s announcement, blockchain project Polygonon Wednesday tweetedthat it had been accepted into the 2022 Disney Accelerator Program.” We are excited to announce that Polygon has been selected to be part of the Disney Accelerator program.” Polygon wrote while sharing a Disney blog post.” It kicks off this week, connecting the creativity, imagination, and expertise of the Class of 2022 (and) Disney,” Polygon added. “Over the course of the program, each participating company will receive a dedicated executive mentor as well as guidance from Disney’s senior leadership team.”

Several other companies selected by Disney also focus on technologies such as AR, Web3, NFT, and three-dimensional (3D) environments. For example, Disney cites startupFlickplay, a Web3 social app that allows users to discover, experience and share NFT tied to real-life locations in AR.” It says, “Flickplay revealedthat it partnered with blockchain virtual world The Sandbox three months ago.

Two weeks before The Walt Disney Company’s first “Disney+ Day” in 2021, the company announced it would drop its “Golden Moments” NFT collection through digital collective app Veve to celebrate the event The company announced. Entertainment companies began to show signs of entering the metaverse industry last January when the U.S. Patent and Trademark Office (USPTO) approved Disney’s “virtual world simulator” patent.

In a statement released Wednesday, Bonnie Rosen, general manager of the Disney Accelerator Program, explained that “for nearly a century, Disney has been at the forefront of leveraging technology to build the entertainment experiences of the future.” In a company Twitter thread published Wednesday, Polygon said the company plans to share more updates on Disney Acceleratorand added that the team’s imagination is “already on fire.”

: Shutterstock, Pixabay, Wiki Commons, Walt Disney Company image credit

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