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Web3 firms make up two thirds of Disney accelerator participants

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Yesterday The Walt Disney Company hosted its Disney Accelerator Demo Day for the participants to present their solutions to 15 senior company executives. This year, four of the six startups are web3 firms. Non-fungible tokens were one of three themes this year, and the other technologies were augmented reality (AR) and artificial intelligence (AI) virtual characters.

Flickplay is one of the four startups. It has a web3 social app that enables digital collectibles to appear in real locations. For example, you can take a picture of a collectible avatar at a famous landmarket – like the Beatles at the zebra crossing in Abbey Road. Flickplay has a deal with TheSandbox metaverse.

Lockerverse is a non-fungible token (NFT) community platform that tells ‘culture-defining stories’. The website looks like it’s still in stealth mode, but it’s already working with Disney subsidiary ESPN on a free NFT for the Celebration Bowl Trophy, a post-season college football event.

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Image Copyright: Disney