Blockchain firm, Polygon, has been selected as one of the six companies to participate in Disney’s ‘2022 Accelerator Program’ in an effort to develop Web 3 technologies including augmented reality (AR), non-fungible tokens (NFTs) and artificial intelligence (AI).
The accelerator program is a business and development initiative designed to boost the growth of innovative companies around the world. This year the project is geared towards the development of immersive experiences such as augmented reality (AR), non-fungible tokens (NFTs), and artificial intelligence (AI). Walt Disney Company has chosen layer-2 scaling platform, Polygon, in its accelerator program targeting to reboot its virtual experience. Bonnie Rosen, general manager of the Disney cccelerator program, said
“The Disney Accelerator is thrilled to be part of the newest class of companies. We look forward to furthering our commitment to innovation and continuing to bring magical experiences to Disney audiences and guests for the next 100 years.”
Polygon’s Importance in the Disney Program
Raise your hand if you remember your first Disney experience like it was yesterday 🙋🏻♀️ #disneyfeels
We are excited to announce that Polygon has been chosen to be a part of the Disney Accelerator program 🎉https://t.co/hk6gZziy8X
— Polygon – MATIC 💚 (@0xPolygon) July 13, 2022
According to the official blog post, the accelerator program will see Disney provide guidance from its leadership team and offer a dedicated mentor. Each participant will also attend a ‘demo day’ at Walt Disney Studios in Burbank, California. Polygon CEO, Ryan Watt, tweeted that Polygon is “the only blockchain selected” to Disney’s prestigious Accelerator program. He emphasized,
“The selection in the program speaks volumes to the work being done at Polygon, and where we’re going as a company.”
Polygon will be the only blockchain company in the program. The Ethereum scaling solution will be joined by Flickplay, a Web3 social app that connects users via NFTs and Augmented Reality (AR), Inworld, a company to create AI-driven interactive characters; Obsess, a platform to launch an e-commerce platform with “immersive 3D virtual stores”, Lockerverse, a Web3 platform that empowers creators and brands to tell culture-defining stories and Red 6, an AR company.
The hits keep on comin’[email protected] has been invited to @Disney’s prestigious Accelerator program.
We were the only blockchain selected.
It speaks volumes to the work being done here, and where we’re going as a company.
"It's kind of fun to do the impossible." – Walt Disney https://t.co/grpPIFz5Tg pic.twitter.com/2NOedF5pUE
— Ryan Wyatt (@Fwiz) July 13, 2022
The Soaring Polygon Partnerships
In addition to its collaboration with Disney, Polygon has also been capturing headlines, considering its major partnership with companies such as Reddit, Meta, and Stripe. Recently, Polygon, joined forces with leading Web3 blockchain gaming platform, BoomLand, enabling gamers to experience intuitive ‘GameFi’. Last month, the ethereum scaling platform revealed that it achieved carbon neutrality.
Introducing Black Dot NFT. pic.twitter.com/hwj78IWCDT
— Nothing (@nothing) July 5, 2022
Polygon is also partnering with phone manufacturer Nothing to integrate Web3 technology. The Nothing Phone (1) will incorporate the technology developed by Polygon to simplify mobile access to decentralised applications on blockchain networks (dapps), blockchain games, and as well as fast payments via the Polygon network.