Polygon's MATIC Skyrockets After Becoming Disney Accelerator's Single Official Blockchain

MATIC soars 25% against the backdrop of the fresh announcement from Disney. Thus, yesterday, on July 13th, Disney officially confirmed the choice in favor of the green Polygon blockchain to boost the company's web3 expansion within the brand-new Disney Accelerator program.

Disney Accelerator aims to bring the 100 years of the company's legacy to digital worlds, “building the future of immersive experiences and specializing in technologies such as augmented reality (AR), non-fungible tokens (NFTs), and artificial intelligence (AI) characters.

However, Polygon appears to be only one of six close partners to promote the Disney Accelerator project. The other five are Flickplay, Inworld, Lockerverse, Obsess, and Red 6. 

The Accelerator program is launching this week, giving all the participants the best of "creativity, imagination, and experience of Disney." Thus, each partner will be guided and forwarded by Disney's top managers. Another important thing to be noted is that Disney will provide funding to all the companies engaged in the Accelerator development. 

Polygon Studios CEO Ryan Wyatt is fully optimistic about the future of the project. Mr. Wyatt, who's very much excited about Polygon being the one and only blockchain accelerator for Disney, shared his opinion via the Twitter post.

The carbon-neutral layer-two Ethereum side blockchain Polygon (MATIC) will allow Disney to build a carbon-neutral, efficient, and sustainable infrastructure with low transaction fees. Moreover, having fortified itself with innovative market leaders, the Disney Accelerator team will be free to try even the most audacious beginnings that no one had ever even thought of. 

To sum up, with such a great backup, nothing will distract Disney from implementing its next-generation storytelling approach.