Polygon to take part in Disney’s Accelerator program

The studio will provide the blockchain platform with investment capital and a personal mentor

14.07.2022 - 08:15

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What’s new? The Polygon blockchain platform has become one of six companies to take part in Disney’s Accelerator program. The 2022 program aims to develop augmented reality (AR), artificial intelligence (AI), and non-fungible tokens (NFTs) technologies. It will provide companies with mentors, with a final demonstration day taking place in the fall at the studio’s site in Burbank, California.

The hits keep on comin’!@0xPolygon has been invited to @Disney’s prestigious Accelerator program.We were the only blockchain selected. It speaks volumes to the work being done here, and where we’re going as a company."It's kind of fun to do the impossible." - Walt Disney https://t.co/grpPIFz5Tg pic.twitter.com/2NOedF5pUE— Ryan Wyatt (@Fwiz) July 13, 2022

What is known about the program? The accelerator program from the Walt Disney Studios was launched in 2014. Its main goal is to attract growth-stage companies that want to influence the future of technology and entertainment.

Program participants receive mentorship from the team and guidance from Disney’s leadership. In addition, the company will provide additional investment capital for development and access to workspace at the Walt Disney campus in Los Angeles. Also participating in the 2022 program are the Flickplay app, platforms Inworld, Lockerverse, and Obsess, as well as Red 6, a developer of AR technologies.

What is known about Polygon? It is a network of secure Layer 2 solutions and sidechains for scaling Ethereum and running decentralized applications (dApps), access to Web 3.0, DeFi, and NFTs. Polygon was running more than 19 000 dApps in May 2022. In July, about 50 projects originally created on the Terra blockchain began migrating to the Polygon network. These include the Lunaverse metaverse, the OnePlanet NFT marketplace, and the Derby Stars P2E game.

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