Star Wars

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<h4><strong>The entertainment company has recently decided to give Web3 another shot. The company announced a new collaboration with Dapper Labs, a metaverse startup. </strong></h4>
<p>This membership will let Disney introduce a new NFT platform. Let’s discover more about this important news</p>
<h5><strong>Dapper Labs and Disney Integration</strong></h5>
<p><span style="font-weight: 400;">The new Disney Pinnacle has been described as “revolutionary”. <a href="https://www.dapperlabs.com/" target="_blank" rel="noopener noreferrer nofollow">Dapper Labs</a> is working with Disney to leverage the popularity of some of Disney’s legendary characters. Dapper Labs was behind one of the most successful NFT collections, the NBA Top Shot. At the height of the last bull run, the trading card collection gained more than $200 million in monthly trade.&nbsp;</span></p>
<p><span style="font-weight: 400;">This new initiative will allow fans to collect, trade, and display digital pins featuring their favorite characters. They plan to tokenize some of its well-known cartoon characters including legends from Pixar icons and digital pins featuring Star Wars characters.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">BREAKING: Disney reveals new NFT project called “Digital Pins”</p>
 <p>Disney has partnered with Dapper Labs and Flow to launch a new product called "Disney Pinnacle", which will allow fans to collect digital pins featuring their favorite Disney, Pixar, or Star Wars characters.… <a href="https://t.co/eKQqSM6LKI" rel="noopener noreferrer nofollow">pic.twitter.com/eKQqSM6LKI</a></p>
 <p>— Derick D (@jeazous) <a href="https://twitter.com/jeazous/status/1724445115840901197?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 14, 2023</a></p>
</blockquote>
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<p><span style="font-weight: 400;">Roham Gharegozlou, co-founder and CEO of Dapper Labs, said “Disney Pinnacle is an all-new product designed from the ground up to incorporate everything we’ve learned over the past few years.”</span></p>
<h5><strong>How is Disney Pinnacle Different?</strong></h5>
<p><span style="font-weight: 400;">Gharegozlou added that the design of <a href="https://disneypinnacle.com/" target="_blank" rel="noopener noreferrer nofollow">Disney Pinnacle</a> was influenced by the lessons acquired in the last few years.&nbsp;</span></p>
<p><span style="font-weight: 400;">This new iniciative will be available for iOS devices on the Apple App Store later this year, according to the company. This means that users can share and move their collections across networks.</span></p>
<blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 <p lang="en" dir="ltr">Disney is coming to Web3.</p>
 <p>Dapper Labs is partnering with the $159B entertainment conglomerate to bring Web3 IP to the masses.</p>
 <p>Do you think the Simpsons NFT episode timing was a coincidence?</p>
 <p>Disney acquired 21st Century Fox in 2019 which had the rights to the Simpsons.</p>
 <p>Here's… <a href="https://t.co/IEbOGSXS2G" rel="noopener noreferrer nofollow">pic.twitter.com/IEbOGSXS2G</a></p>
 <p>— s4mmy.moca (@S4mmyEth) <a href="https://twitter.com/S4mmyEth/status/1724430491707679224?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">November 14, 2023</a></p>
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<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p>
<p><span style="font-weight: 400;">Gharegozlou believes that fans will find appeal in the new service. He explained that “fans anywhere will be able to collect dynamic pins on their phone and trade instantly and securely with each other no matter where they are in the world.”</span></p>
<h5><strong>Can Disney Pinnacle Change the NFT Market?</strong></h5>
<p><span style="font-weight: 400;">The <a href="https://www.altcoinbuzz.io/?s=nft+market" target="_blank" rel="noopener noreferrer nofollow">NFT market</a> is not nearly as popular or as successful as it was in 2021. Disney Pinnacle will provide the market with a newfound sense of excitement, according to Gharegozlou. Dapper Labs claimed it designed this initiative with the average Disney fan in mind. Disney Pinnacle will appeal to non-native crypto users and will also feature easy payment options.&nbsp;</span></p>
<p><span style="font-weight: 400;">As mentioned earlier, Disney already has <a href="https://www.veve.me/news-tags/disney" target="_blank" rel="noopener noreferrer nofollow">previous experience</a> in the NFT space. It participated in other blockchain-based NFT projects, such as Veve, a digital collectibles company. Disney and Veve launched the “Golden Moments” NFT collection in 2021 to cater to fans of the brand. Disney also branched into the metaverse but pulled back due to a restructuring plan.&nbsp;</span></p>
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<h5><strong>Disclaimer</strong><br> The information discussed by Altcoin Buzz is not financial advice. This is for educational, entertainment, and informational purposes only. Any information or strategies are thoughts and opinions relevant to the accepted levels of risk tolerance of the writer/reviewers and their risk tolerance may be different than yours. We are not responsible for any losses that you may incur as a result of any investments directly or indirectly related to the information provided. Bitcoin and other cryptocurrencies are high-risk investments so please do your due diligence. Copyright Altcoin Buzz Pte Ltd.</h5>
<p>The post <a href="https://www.altcoinbuzz.io/cryptocurrency-news/disney-is-coming-to-web3-here-is-how/" rel="noopener noreferrer nofollow">Disney is Coming to Web3. Here is How</a> appeared first on <a href="https://www.altcoinbuzz.io" rel="noopener noreferrer nofollow">Altcoin Buzz</a>.</p>

Disney is Coming to Web3. Here is How

Altcoin Buzz

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