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The Ethereum scaling platform is one of six selected companies to join the 2022 Disney Accelerator Program. This year’s edition will provide participants with guidance and mentorship from Disney’s senior leadership team. Disney going full steam ahead into Web3 projects is a major milestone for global adoption. No surprise, the price of MATIC rose 24% in the week of the announcement.
This year, the chosen projects are all about building technologies such as augmented reality (AR), non-fungible tokens (NFTs), and artificial intelligence (AI).
In addition to Polygon being a platform for Ethereum scaling development, they also invest in NFTs and metaverse gaming projects like Decentraland and The Sandbox through Polygon Studios. Now, Disney’s goal with this edition is to help “develop new technologies and storytelling canvasses to create connected experiences across physical, digital, and virtual worlds.”
This is not the first time we’ve heard of the entertainment giant pursuing a Metaverse of their own. In February 2022, the Walt Disney Company appointed executive Mike White to oversee their Metaverse strategy. Recent news suggests that the two companies’ partnership will mean more exciting projects to keep an eye on in the future.
Furthermore, throughout 2022 we at DappRadar have tracked Polygon’s many strong partnerships with big names.
For starters, did you know that DappRadar’s Portfolio Tracker supports Polygon NFTs and tokens?
This means that with our app you can keep track of your digital assets’ real-time value in the Polygon network.
Adidas, Prada, and Instagram are other big names partnering up in Web3 projects with Polygon. Recently, the blockchain even announced its plans to launch a new web3 phone with the tech startup Nothing.
Polygon (MATIC) surges with the good news
Polygon Network’s native token MATIC surpassed its 50-day exponential moving average, having risen to $0.72 the day after Disney’s announcement.
As you can see from the DappRadar Token Explorer chart, the cryptocurrency’s value has increased 24% in the last week and 60% in the last 30 days.
With DappRadar, in addition to keeping your wallet portfolio up to date and checking the MATIC value, you can also swap tokens on the Polygon blockchain using our Token Swap.
DappRadar will continue to closely monitor Polygon’s Web3 partnerships and projects. Keep an eye on our Top Polygon Blockchain Dapps Ranking to stay ahead of the game.
If you want to learn even more about the best projects in the exciting world of decentralized applications, follow our blog, YouTube channel, and Twitter.
