Mega entertainment corporation Disney has been positively vocal about its views on Web3 technology and NFTs. Established in 2014, the Disney Accelerator Program provides mentorship for innovative teams that will improve the future of business and lifestyle. This year, they chose Polygon to help make Web3 technology even better.
Polygon CEO Ryan Wyatt stated that Polygon was the only blockchain project that Disney Accelerator Program picked. This collaboration aims to create “growth-stage companies” for the future of entertainment and general technology.
Why Only Polygon to Represent Blockchain
The Walt Disney Company announced that Polygon is among six businesses chosen to participate in the Accelerator Program. They want to use the Polygon blockchain to concentrate on augmented reality, non-fungible tokens, and artificial intelligence.
Ryan Watt claimed that this special privilege from Disney speaks a lot about why Polygon is the right direction forward.
The two companies aspire to increase the adoption of Web3 technologies. They want to make it more accessible for people still starting to use it. They also want to show how these technologies can be used in various industries, not just for games and digital collectibles.
Polygon in a Nutshell
Polygon is a decentralized platform that helps Ethereum scale its DApps. It does this by using sidechains attached to the main Ethereum blockchain. These sidechains are used to process transactions quickly and affordably. Polygon has been successful in processing more than 1 million transactions per day.
The Polygon team comprises veterans in the cryptocurrency industry. They firmly believe that Ethereum will become the world’s default computer. And they are one of the driving forces to make this happen.
The future is bright for Polygon as more and more enterprises see its potential. With Disney on their side, there is no doubt that Polygon will help Web3 technology reach mass adoption.