Blockchain Company Polygon selected to participate in Disney’s 2022 Accelerator Program – Bitcoin News

The blockchain company Polygon has been chosen to join the Disney Accelerator program, according to a blog post from the Walt Disney Company published on Wednesday. The company’s 2022 Disney Accelerator initiative is a business development program aimed at “accelerating the growth of innovative companies from around the world.”

Disney’s 2022 accelerator is focused on artificial intelligence, NFTs and augmented reality

The Walt Disney Company published an announcement on Wednesday explaining that the Disney Accelerator program has selected six companies to join this year’s class initiative that plans to target a few different technologies. “This year’s Disney Accelerator class is focused on building the future of immersive experiences and specializes in technologies such as augmented reality (AR), non-fungible tokens (NFTs) and artificial intelligence (AI) characters,” says the entertainment company’s blog post. .

Disney declared on April 22, 2022, that the Mass Media and Entertainment Conglomerate accepted applications for the program. 82 days later, Disney revealed that the selected companies Flickplay, Inworld, Lockerverse, Obsess, Polygon and Red 6. Disney’s blog post describes Polygon as a “scalable blockchain network that allows developers and businesses to build Web3 experiences”. The company says it chose the companies because of its current focus on Disney’s “next-generation storytelling efforts.”

Polygon says participating accelerator companies will “receive guidance from Disney’s senior management team”

Following Disney’s announcement, the blockchain project Polygon twitret about to be accepted into the 2022 Disney Accelerator program on Wednesday. “We are pleased to announce that Polygon has been selected to be part of the Disney Accelerator program,” Polygon wrote as he shared Disney’s blog post. “It starts this week, and connects the 2022 class [with] the creativity, imagination and expertise of Disney, »Polygon added. “During the program, each participating company will receive guidance from Disney’s senior management team, as well as a dedicated executive mentor.”

A few of the other companies selected by Disney also focus on technologies such as AR, Web3, NFT and three-dimensional (3D) environments. Disney says, for example, that the startup “Flickplay is a Web3 social app that allows users to discover NFTs related to real places that they can experience and share via AR.” Flickplay revealed that it collaborated with the virtual blockchain world The Sandbox three months ago.

Two weeks before Walt Disney Company’s first annual Disney + Day in 2021, the company announced that they would drop the NFT collection “Golden Moments” via the digital collectibles app Veve to celebrate the event. In January last year, the entertainment company began to show signs of entering the metaverse industry when the US Patent and Trademark Office (USPTO) approved Disney’s “virtual world simulator” patent.

In a statement issued 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 the company’s Twitter thread published Wednesday, Polygon noticed that the company planned to share several Disney Accelerator updates, adding that the team’s imagination was “already on fire”.

What do you think about the company choosing Polygon to join this year’s Disney Accelerator program? Tell us your thoughts on this topic in the comments section below.

Jamie Redman

Jamie Redman is a news editor at Bitcoin.com News and a financial engineering journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open source and decentralized applications. Since September 2015, Redman has written more than 5,700 articles for Bitcoin.com News about the disruptive protocols that are emerging today.