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The recovery of the price of the digital currency MATIC after choosing its project from the “Disney” company…Details here

The recovery of the price of the digital currency MATIC after choosing its project from the “Disney” company…Details here

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Answer The recovery of the price of the digital currency MATIC after choosing its project from the “Disney” company…Details here

Yesterday, July 13, entertainment giant Walt Disney announced that six companies will be joining the 2022 Disney Accelerator Program.

Among the companies involved was Polygon.

The Business Development Program is designed to accelerate the growth of innovative companies.

According to the announcement, Disney is focusing on emerging technology in virtual worlds this year.

This includes metaverses, augmented reality (AR), non-fungible tokens (NFTs), and artificial intelligence (AI) characters.

Disney has selected Polygon for its scalable properties, allowing developers to build Web 3 experiences.

Disney Network Targets Web 3:

The Disney Program kicks off this week, connecting six companies to advance their creativity and imagination with the Disney experience.

Read:The US government will put more than 4,000 Bitcoins up for auction in a few days… Find out the details

. added Advertising Participants will receive guidance from Disney’s senior leadership team, as well as a dedicated executive advisor.

The program takes place during the summer and concludes with show day in October at Walt Disney Studios in Burbank, California.

Bonnie Rosen, General Manager of Disney Accelerator commented:

For nearly a century, Disney has been at the forefront of companies that have always wanted to leverage technology to build the entertainment experiences of the future.

The other five companies joining Polygon in the program include Flickplay, a social app targeting Web3 to discover NFTs associated with real-world locations that can be shared using AR.

Inworld is also on the list along with Lockerverse, a Web 3 platform, an AI-based interactive character creation platform that empowers creators to tell stories.

The last two companies are experimental e-commerce platforms for brands to create 3D virtual stores in metaverses.

The six companies will be provided with venture capital, access to a co-working space on Disney’s creative campus, and support and mentorship from the company’s senior executives.

In addition, entrepreneurs, investors and business leaders from the entertainment and technology communities will be present.

Read:IOTA Developer: Ethereum Network Outperforms IOTA For This Reason

Earlier this month, Polygon announced a partnership with the mobile phone maker to bring Web 3 functionality to the new device.

Disney’s announcement made the price of MATIC cryptocurrency jump 12% in the last 24 hours.

Like most cryptocurrencies, MATIC has pulled back significantly from its all-time high, with a 78% loss from the $2.92 it made in November 2021.

But today, it is the best performing digital currency in the top 50 cryptocurrency list.

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