$ 94,087.1
BTC
-1.32 %
$ 1,790.86
ETH
-1.75 %
$ 0.6836
ADA
-3.54 %
$ 598.52
BNB
-0.74 %
$ 145.74
SOL
-2.38 %

Usha Yadav
Jul 14, 2022

Polygon Chosen for Disney Accelerator Program 2022

Polygon Disney Accelerator Program
Building on Polygon's Web3 technology, the layer-2 scaling platform Polygon has been chosen to participate in Disney's 2022 Accelerator Program, which will start this week. The Walt Disney Company announced on July 13 that the Ethereum scaling platform is one of the six projects approved for the Accelerator Program, which this year is focused on augmented reality (AR), non-fungible tokens (NFTs), and artificial intelligence (AI).

Polygon Selected For Disney

On Wednesday, Ryan Watt, the CEO of Polygon, announced that Polygon had been "the only blockchain selected" for Disney's esteemed Accelerator program.

We were the only blockchain selected. Watt continued by saying that this achievement "speaks volumes" about the work being done at the company and the direction the company is headed. On April 22, applications for the accelerator program opened and were due on May 13, 2022. The accelerator was seeking out "growth-stage firms with a vision for making an impact on the future of technology and entertainment," according to Disney's statement at the time.

This year, two further Web3 projects were chosen, including Lockerverse, a web3 storytelling platform that links businesses and creators, and Flick Play, a web3 application that lets users discover non-fungible tokens (NFTs) through augmented reality (AR). Other businesses include the augmented reality retailer Red 6, the 3D virtual retailer Obsess, and the AI-driven online character creator Inworld.

Disney Accelerator Program In 2014

Disney's Accelerator Program was first launched in 2014. Participants in the program can receive mentoring from the accelerator team and direction from the executive team. According to reports, participants would also receive additional investment funding and have access to co-working space at Walt Disney's Los Angeles campus. A Demo Day on campus will wrap out the curriculum.

Polygon Chosen for Disney Accelerator Program 2022
Usha is a diehard crypto enthusiast and has been actively writing on different facets of the blockchain and crypto world. She has authored many research articles on cryptocurrency and aims to provide informational and quality content to readers. She firmly believes that crypto has a great potential to redefine the world of finance and blockchain.

Top Picks