Disney Selects Polygon for the Disney Accelerator Program

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The Disney Accelerator Program will add Polygon as the sixth scaling platform in 2022. This year’s participants will be led and helped by Disney’s senior leadership team.

Disney Going all in on Web3 with Accelerator Program

Disney is going all in on Web3 and blockchain with the Accelerator Program 2022. The company believes that the program will be a big step toward getting people to use Web3 technologies.

MATIC went up by 24% the same week Disney made this announcement.

The Accelerator program for this year will have projects like NFTs, AR, and AI. Through Polygon Studios, Polygon has also invested in web3 games like Decentraland and The Sandbox.

Disney disclosed that the goal of this year’s Accelerator Program is to 

“develop new technologies and storytelling canvases to create connected experiences across physical, digital, and virtual worlds.”

This isn’t the first time Disney is exploring the Metaverse. In February 2022, Disney hired Mike White to be in charge of their Metaverse strategy. So in the future, we can expect a lot more from these two giants.

Polygon has teamed up with big fish like Disney, Prada, Instagram, and Adidas to promote Web3 projects. In addition, polygon recently announced that their smartphone, Nothing, will be powered by blockchain.

This News keeps Influencing Matic’s trend.

The day after Disney’s announcement, MATIC made $0.72. It’s good news because it wasn’t just a pump but went above its 50-day exponential moving average.

Compared to the last 60 days, this price has gone up by 60%.

Polygon’s performance so far.

Polygon hit its all-time high of $2.92 on December 27, 2021. So far, in 2022, it has dropped 72%. With the MATIC sidechain, Polygon makes it possible for other Ethereum-based projects to share data and tokens. According to data from CoinGecko, the cryptocurrency is ranked 15th in terms of market value.

Polygon (MATIC) is the native cryptocurrency that runs the Polygon Network, a layer 2 platform created in 2017. The Polygon Network, which used to be called the Matic Network, lets developers make and deploy their blockchains that work with the Ethereum blockchain with just one click.

In other news: Hyundai Motors Releases Citizenship for IONIQ 6 NFT Holders… Read more

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