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'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.