info@marketresearchfuture.com   📞 +1 (855) 661-4441(US)   📞 +44 1720 412 167(UK)   📞 +91 2269738890(APAC)

Disney Ventures Into The Metaverse And Web 3.0

By Aarti Dhapte , 01 November, 2022

Disney has announced that they are creating their very own Metaverse. Walt Disney Co.'s CEO, Bob Chapek, recently unveiled the company's plans to enhance storytelling for the next 100 years by implementing blockchain technology and the Metaverse. Disney is one of the largest companies in the entire world and owns some of the most iconic characters and Intellectual Property, such as Star Wars, Marvel, and Pixar, amongst many others.

It has also been recently reported that the company is looking to engage an experienced corporate attorney to work on developing technologies like non-fungible tokens (NFTs) and the Metaverse in what appears to be an effort to enter the Web 3.0.

According to a job posting on the Disney careers website, the organization is looking for a "Principal Counsel - Corporate Transactions, Emerging Technologies & NFTs" to work on transactions, including, among other things, NFTs, the Metaverse, blockchain, and decentralized finance (DeFi).

In a patent filing, Walt Disney suggested that the platform's eventual entrance into the Metaverse would involve users using mobile devices to generate and show personalized three-dimensional (3D) projections onto physical areas like walls and other objects.

In its 2022 Disney Accelerator Program, which selected six firms to leverage its business development platform, the company stated earlier this year that it is focused on augmented reality (AR), non-fiber technologies (NFTs), and artificial intelligence (AI).

That future is not away when we will be able to visit Disney World from the comforts of our homes. With some help from Augmented Reality, we could connect with our favorite characters in the Metaverse.

                                                     
                                       Metaverse Market Size 

size.jpg

Latest News

2050.png
Big Tech Backs Nuclear Expansion: Pledges to Triple Global Capacity by 2050

Leading technology giants Amazon, Google, and Meta have teamed up with other big energy users in a historic action at the CERAWeek 2025 energy conference in Houston to promote an ambitious initiative: doubling world nuclear power capacity by 2025…

Read More

Shifts.png
China’s Refining Industry Sees 2.1% Growth in Early 2025 Amid Rising Fuel Demand and Geopolitical Shifts

China's refining sector showed resilience and adaptability in the first months of 2025, raising crude oil throughput by 2.1 percent over the year before. According to the National Bureau of Statistics, this increase resulted in a processing volume of…

Read More

2025.png
Elsevier Unveils ScienceDirect AI in 2025 to Revolutionize Research Efficiency

In March 2025, Elsevier launched ScienceDirect AI, a world-renowned leader in science and health information science. This state-of-the-art generative AI tool can potentially transform the industry with its revolutionary advances in research. This…

Read More

Drop.png
EV Revolution: Battery Prices Drop Below USD 100/kWh Amid China's Dominance of the Market in 2025

The global electric vehicle (EV) industry has reached a pivotal milestone. The average price of lithium-ion battery packs has dropped below the USD 100 per kilowatt-hour (kWh) threshold, a benchmark long considered critical for achieving price parity…

Read More

2025.png
China Accelerates Push for Domestic EV Chips Amid Global Trade Tensions in 2025

In 2025, China will focus on self-sufficiency in high-tech industries by further integrating domestically produced semiconductor chips into the country\'s electric vehicle (EV) industry. By doing so, China aims to reduce reliance on foreign…

Read More

Author Pic
Aarti Dhapte

Team Lead - Research