Disney has announced the participants of its 2022 Disney Accelerator programme aimed at supporting technology and entertainment startups.
Among the participants is the Polygon blockchain, whose US$5bln MATIC network token rose 16% following the announcement.
Other participants of the accelerator are the:
- Obsess e-commerce platform
- Flickplay social NFT platform
- Inworld artificial intelligence platform
- Red 6 augmented reality platform and
- Lockerverse brand NFT platform
The Disney accelerator is open to venture-backed, growth-stage startups and provides investment capital, co-working space, mentoring and guidance from Disney executives.
“For nearly a century, Disney has been at the forefront of leveraging technology to build the entertainment experiences of the future,” said Bonnie Rosen, General Manager of the Disney Accelerator program.
“The Disney Accelerator is thrilled to be part of that legacy, and with our newest class of companies, we look forward to furthering our commitment to innovation and continuing to bring magical experiences to Disney audiences and guests for the next 100 years.”