Polygon (Previously Matic Network) is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. Its core component is Polygon SDK, a modular, flexible framework that supports building multiple types of applications.
Disney triggered a 20% increase in MATIC after reporting that Polygon will be part of its accelerator program.
- Disney chose Polygon for its 2022 accelerator program.
- The program focuses on developing AR, NFT and AI experiences.
- MATIC, Polygon’s token, disappeared.
- Is Disney getting ready to dive into Web3?
Despite the fact that Disney has not made any official moves within the world of cryptocurrencies, today is the reason for an important altcoin as Bitcoin is the first cryptocurrency that captured the world’s imagination, all other coins were subsequently termed “altcoins,” as in “alternative coins.” has skyrocketed in price.
Polygon the scalability solution from Ethereum a decentralized open-source blockchain with smart contracts functionality. was chosen to be part of the Web3 accelerator program at Walt Disney Co . The entertainment giant announced those selected for its ‘.2022 Disney Accelerator‘, a business development program designed to encourage the growth of innovative companies around the world.
According to a communicated by Disney published on Wednesday, Polygon is among the six selected that will be part of the accelerator program. The team of Polygon also shared the news in a tweet highlighting his enthusiasm for being the only native platform a place to buy, sell and store cryptocurrency in the world for Blockchain a distributed ledger system. A sequence of blocks, or units of digital information, stored consecutively in a public database. The basis for cryptocurrencies. among those chosen from Disney.
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
Disney elige a Polygon for your 2022 accelerator
The program of Disney will focus on building the future of immersive experiences through technologies such as augmented reality (AR), artificial intelligence (AI) and tokens non-fungible ( NFT ).
Together with Polygon , participanFlickplaya social Web3 application to discover NFT; Inworld an AI platform; Lockerverse a Web3 initiative that allows creators to tell stories and access unique experiences; Obsess a metaverse a metaverse is a digital universe that contains all the aspects of the real world, such as real-time interactions and economies. It offers a unique experience to end-users. e-commerce platform; and the AR augmented Reality (AR) is an immersive experience that improves the value and usage of real-world items using computer-generated intuitive information sent through a variety of sensory modalities such as sound, touch, smell, and sight. firm, Red 6 .
During the course of the program, which begins this week, each company will receive guidance from the senior leadership team at Disney as well as a dedicated executive mentor, according to the release. Disney also said that participants receive investment capital capital is most commonly defined as the large sum of money you would use to invest. and access to a workspace in their creative studio in Los Angeles.
The initiative appears to be part of the efforts of Disney to explore technologies such as Web3, NFTs non-fungible token, a unique non-interchangeable piece of digital content that is stored on a distributed ledger (blockchain). and the metaverse to develop new experiences for consumers. “ For nearly a century, Disney has been at the forefront of harnessing technology to create the entertainment experiences of the future. “said Bonnie Rosen, program manager.
Disney will continue to work with companies like those in this year’s Accelerator class to help develop new technologies and storytelling canvases to create connected experiences in physical, digital digital technologies are these electronic tools that have the ability to generate, store or even process data. and virtual worlds.
MATIC rises more than 20% after announcement
The news seemed to positively affect the native cryptocurrency cryptocurrencies are digital currencies that use cryptographic technologies to secure their operation. of Polygon , MATIC.
One day after the announcement of Disney MATIC recorded a price increase of more than 20%. The token a digital unit designed with utility in mind, providing access and use of a larger crypto economic system. which was trading around $0.53 early Wednesday, reached a high of 70 cents Thursday morning. As of press time, the price of MATIC has retreated slightly, but it is still trading at around $0.53. remains bullish around the USD $0.67 level.
Formerly known as Matic Network a network refers to all nodes in the operation of a blockchain at any given moment in time. and renamed in 2021, Polygon is an interoperability blockchain interoperability, or cross-chain interoperability, is the ability to see and share information across multiple blockchains. and scalability framework for building blockchains compatible with Ethereum which offers developers and enterprises to create high-performance decentralized decentralization refers to the property of a system in which nodes or actors work in concert in a distributed fashion to achieve a common goal. applications (DeFi) and build Web3 experiences.
The selection of Polygon for the accelerator program is the latest sign of interest from Disney in innovation related to digital assets. At the beginning of the year, a number of patent applications company to create theme park-related technologies in the metaverse. Next, a job offer revealed that the media and entertainment giant was in search of an NFT expert. And more recently, its former CEO, Bob Iger, predicted an “ NFT non-fungible tokens (NFTs) are cryptocurrencies that do not possess the property of fungibility. explosion “.
Are you preparing Disney to dive into Web3 and NFTs?
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Article by Hannah Estefania Perez / DiarioBitcoin
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