The Disney Accelerator is a kind of business incubator supported by the Disney group. Its stated objective is to help tech innovators turn their new media entertainment experience projects into reality.
This year, its program is openly oriented towards virtual reality and augmented reality, and the metaverse . Applications opened on April 22 and closed on May 13, 2022.
Polygon Among The Winners
Yesterday, July 13, the company gave the names of the participants of the 2022 edition, and Polygon is one of them .
"Raise your hand if you remember your first Disney experience like it was yesterday. We are delighted to announce that Polygon has been chosen to join the Disney Accelerator program”. This is the message posted yesterday on the official Polygon account, along with a link to the official announcement message."
It is the only blockchain technology project selected for the 2022 vintage. However, Disney did not announce the number of competitors from the same sector initially in the running.
The first edition of the Disney accelerator program took place in 2014. This program offers winners the benefit of mentorship from the Disney acceleration team and leaders in tech and entertainment. In addition, the Disney management team itself will be available to provide them with some advice.
Participants will also have additional investment capital and access to a coworking space located in Los Angeles on the Walt Disney campus.
Polygon In A Nutshell
Formerly known as Matic Network and rebranded in 2021, Polygon is a second-layer scalability, interoperability, and cost protocol for building Ethereum -compatible blockchains . Polygon attempts to address some of Ethereum's known limitations. Among them, we often cite a poor user experience, low transaction speeds and high gas fees.
In other words, Polygon's goal is to evolve Ethereum into a so-called "multi-chain" platform . Its main component is Polygon SDK, a flexible and modular framework that supports the creation of several types of applications. Thus, instead of becoming a direct competitor of the blockchain, the developers of Polygon preferred to "graft" themselves to its network (Ethereum) in order to improve its entire ecosystem and in particular the user experience.
Who Are The Other 5 Participants?
As for the other projects selected for the promotion of 2022 of the program, launched this week, all revolve around Web3. We find :
the Inworld artificial intelligence platform,
augmented reality company Red 6,
Flickplay, the Web3 social networking application,
Obsess, an e-commerce platform described as experimental,
the Lockerverse storytelling platform for Web3, which connects brands and creators.
This selection from Disney is totally in line with their project to build the future of immersive experiences through new technologies such as artificial intelligence, NFTs and augmented reality.
READ: NFT Games: A Solution To The Bear Market? (https://brokeredbusiness.blogspot.com/2022/07/are-nft-games-a-solution-to-the-bear-market.html)
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Thanks for information… I think Matic could have a good future. The 7 days chart is nice.
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