MATIC crypto skyrockets as Polygon joins Disney accelerator

polygon Selected as one of Disney’s 2022 Participants Accelerator program On Wednesday, the project’s cryptocurrency, MATIC, triggered a rise of more than 15%.

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Fast facts

• The Walt Disney Company has not announced its own crypto project, but the 2022 accelerator crop will be immersive through technologies such as augmented reality (AR), artificial intelligence (AI), and non-alternative tokens (NFT). Focus on building the experience. The mass media group said.

• Other participants include the Web3 social media app Flickplay, the Web3 storytelling platform Lockerverse, the augmented reality company Red 6, and the virtual e-commerce platform Obsess.

• Formerly known as the Matic Network, Polygon is Ethereum’s scaling and interoperability platform that allows developers to build scalable decentralized applications (dApps) at low transaction rates.
• Polygon was chosen by social media giant Meta for NFT support on Facebook.

• Disney Accelerator participants receive investment funding, access to the collaborative workspace of Disney’s Creative Campus in Los Angeles, and guidance from Disney executives, entrepreneurs, investors, and business leaders.

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