- A Web3 startup-focused accelerator program has been announced by Disney.
- The program, according to the multinational entertainment powerhouse, will focus on initiatives aimed at creating the immersive experiences of the future.
- The initiatives being pursued focus on AI personalities, NFTs, and augmented reality.
Disney has created an accelerator program for Web3 startups. The company identified notable IT companies as Flickplay, Lockerverse, Inworld, Obsess, and Red 6, with Polygon being the only blockchain business.
The program would focus on developing immersive experiences for the future, according to a significant worldwide leader in entertainment. It will focus on projects developing technologies like augmented reality (AR), non-fungible tokens (NFTs), and avatars with AI.
The Disney Accelerator program for 2022 officially started this week. All participants will receive mentoring from Disney’s senior leadership team and a dedicated executive member.
Observations regarding the show The Disney Accelerator program’s Bonnie Rosen praised his company’s historical contribution to developing future entertainment experiences.
Rosen said that with their newest batch of entrepreneurs, The Disney Accelerator looks forward to reaffirming its dedication to innovation and offering exceptional experiences to Disney audiences and guests for the ensuing 100 years.
All of the firms mentioned appear to have some connections to Web3, with Flickplay providing a social app that allows users to find NFTs connected to actual locations that they can experience and share using AR.
While Inworld helps developers create interactive, AI-driven characters for immersive experiences, Lockerverse is a Web3 platform that empowers creators to tell culture-defining stories and offer distinctive experiences.
While Obsess offers marketers an immersive e-commerce platform to build 3D virtual stores on the metaverse and their websites, Red 6 has developed and patented a headset that allows users to engage with high-performance outdoor environments.
As the company concentrates on its next-generation storytelling ambitions, Disney will continue to work with companies like those in this year’s Accelerator class to help develop new technologies and storytelling canvases for linked experiences across the physical, digital, and virtual worlds.