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BlockNews
Home BREAKING NEWS

Disney and Dapper Labs Team Up for New NFT Venture on Flow

BlockNews.com Team by BlockNews.com Team
November 14, 2023
in BREAKING NEWS, BUSINESS, NFT
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  • Disney is launching a new NFT collectibles platform called Disney Pinnacle in collaboration with Dapper Labs, the creator of NBA Top Shot. The digital pins will feature characters from Disney, Pixar, and Star Wars.
  • Disney Pinnacle will offer digital collectible pins inspired by physical Disney pins sold at theme parks. The NFT pins will be minted on the Flow blockchain and optimized for a mobile-first experience.
  • Disney Pinnacle is currently accepting waitlist signups for a gradual beta rollout before a full public launch. The announcement comes as the NFT market shows signs of recovery following its 2021 peak.

Disney is launching a new NFT collectibles platform called Disney Pinnacle in collaboration with NBA Top Shot creator Dapper Labs. The digital pins will feature characters from Disney, Pixar, and Star Wars.

๐Ÿšจ NEWS: Disney Partners with Dapper Labs to launch new NFT platform 'Disney Pinnacle'

The platform features iconic characters from Disney, Pixar, and Star Wars.

Flow Blockchain is the platform's chain of choice! pic.twitter.com/n53glrvALo

— BlockNews.com (@blocknewsdotcom) November 14, 2023

Disney Characters Come to Life as Digital Pins

Disney Pinnacle will offer digital collectible pins inspired by physical Disney pins sold at theme parks. The NFT pins will be minted on the Flow blockchain and feature characters like Buzz Lightyear, Woody, Disney Princesses, and Darth Vader. Marvel was not mentioned for the initial launch.

Mobile-First Experience

Unlike Top Shot which started on web, Disney Pinnacle is designed for smartphones first. The format will be optimized for mobile and balance accessibility for casual fans and rare collectibles for dedicated collectors.

Gradual Rollout Planned

Disney Pinnacle is currently accepting waitlist signups and will slowly onboard users in beta before a full public launch. No timeline has been set yet for the official rollout.

NFT Market Showing Signs of Rebound

The announcement comes as the NFT market shows signs of recovery following its 2021/early 2022 peak. Dapper Labs CEO Roham Gharegozlou suggests the next wave of NFT platforms will offer improved user experiences compared to the “dial-up stage” of early NFT products.

Dapper Labs’ Track Record

Dapper Labs built NBA Top Shot which brought NFTs mainstream in 2021. It also created the Flow blockchain to handle NFT collectibles at scale. Flow has gradually decentralized over time since its launch.

Conclusion

Disney is jumping on the NFT bandwagon through a collaboration with Dapper Labs, bringing iconic Disney, Pixar and Star Wars characters to life as digital collectibles. Disney Pinnacle aims to deliver an optimized mobile experience and balance accessibility with scarcity. It’s the latest NFT platform in an improving market.

Disclaimer: BlockNews provides independent reporting on crypto, blockchain, and digital finance. All content is for informational purposes only and does not constitute financial advice. Readers should do their own research before making investment decisions. Some articles may use AI tools to assist in drafting, but every piece is reviewed and edited by our editorial team of experienced crypto writers and analysts before publication.
Tags: BlockchainBusinessDapper LabsDisneyNFT
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