MATIC crypto skyrockets as Polygon joins Disney accelerator

Bydiana

Jul 14, 2022 , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,

Polygon was selected as one of the 2022 members for Disney’s accelerator application on Wednesday, triggering the project’s cryptocurrency MATIC to increase by much more than 15%. 

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Quick information

  • The Walt Disney Business did not announce any of its individual crypto tasks, but the 2022 accelerator crop will aim on constructing immersive experiences by way of technologies these types of as augmented actuality (AR), artificial intelligence (AI), and non-fungible tokens (NFTs), the mass media group reported. 
  • Other members consist of Net3 social media application Flickplay, Web3 storytelling platform Lockerverse, augmented fact company Red 6, and virtual e-commerce system Obsess.
  • Formerly acknowledged as Matic Network, Polygon is an Ethereum scaling and interoperability platform that permits developers to construct scalable decentralized programs (dApps) with very low transaction expenses.
  • Polygon was picked by social media large Meta for NFT assistance on Fb. 
  • Disney’s accelerator participants will receive investment funds, obtain to co-working place at Disney’s imaginative campus in Los Angeles, and mentorship from Disney executives, business people, investors and company leaders.

See linked write-up: 81 of best 100 corporations use blockchain technological know-how, Blockdata investigation shows

By diana