There are interesting recent developments from the Walt Disney Company concerning the cryptocurrency industry.

The Walt Disney Company is on the verge of joining the crypto industry after providing a listing of a new job detailing an experienced corporate attorney to focus on developing technologies such as the Non-Fungible Tokens (NFTs) and the Metaverse.

Disney Seeks Experienced Lawyer for NFT technologies

The listing was made available on Friday via the company’s careers website. The company also posted the vacancy on LinkedIn over the weekend. The careers website indicates that Walt Disney is recruiting a Principal Counsel — Corporate Transactions, Emerging Technologies & NFTs. The role involves collaborating on transactions on NFTs, the Metaverse, blockchain, and decentralised finance (DeFi).

Walt Disney Company further went ahead in elaborating the responsibilities of the role. The successful candidate will provide full product life cycle legal advice and support for global NFT products. They ought to ensure that the company complies with all current laws and regulations in the United States and other global regions. In addition, the hired attorney shall provide due diligence for NFTs, blockchain, third-party marketplace, and cloud provider projects. They shall also provide day-to-day legal advice on crypto-related matters, and digital currency, lead cross-functional Disney meetings and guide the company’s efforts towards emerging technologies.

Rating: 9.5/10
Supply: 118,780,000 / 200,000,000
Release date: August 1, 2014

Description: Will Disney use the upgraded ETH network to launch their upcoming NFT collections? Discover about Ether from Crypto Lists coin review!

Risk warning: Trading, buying or selling crypto currencies is extremely risky and not for everyone. Do not risk money that you could not afford to loose.

What is needed to work for Walt Disney with crypto?

Disney lists prior experience in NFTs, cryptocurrency, and the Web 3 space as highly desirable. The company warns potential candidates that new projects are conducted on an accelerated and aggressive timeline.

The attorney shall closely collaborate with other Disney attorneys and business stakeholders, including Disney Media and Entertainment Distribution and Disney Parks, Experiences, and Products.

Disney’s Previous Work in the Crypto Industry

The new role comes when Walt Disney Company has been drafting strategies for exploring Web 3 technologies around crypto, blockchain, and the metaverse space. In November 2021, during the company’s fourth-quarter earnings call, the Chief Executive Officer( CEO), Bob Chapek, revealed that the company is prepping for the Metaverse by blending physical and digital assets.

A few weeks after the CEO made this call, the company filed a patent for a virtual-world simulator. It was referring to a potential theme park in the metaverse. The patent application involved Disney’s charge into the metaverse to comprise visitors entering their themed parks via a mobile phone. The mobile phone generates and projects personalised 3D effects onto nearby physical spaces such as walls and various matter.

The CEO, Bob Chapek, is advocating a concept labelled next-gen storytelling, which he believes requires the metaverse to play a starring role. Its ideal execution could deliver immense experiences in a consumer’s home. The company will utilise data from theme park visits and what consumers are streaming on Disney+ to hone this strategy.

At the time of the Crypto Lists report, there were no plans underway to use the virtual world simulator patent. The recent development on the experienced corporate attorney listing could be a sign that this is changing.

Get Skilling

Rating: 9.78/10
Number of instruments: 872+ instruments

Description: Looking for trading opportunities in a user friendly trading environment? Try Skilling with a demo account today!

Risk warning: 80% of retail investor accounts lose money.

Walt Disney Company has dipped itself into NFTs before after releasing a limited collection coinciding with Disney+ Day last year.

The Walt Disney Company is veering further into Disney NFTs after it decided to partner with VeVe. It is a prominent and reputable NFT mobile application. The partnership enables Disney to launch several NFT collections. In collaboration with VeVe, Disney released Disney Golden Moment. These featured some popular characters and icons from franchises on the streaming service.

The previous CEO of Disney, Robert Iger, has gone on record while talking about the advent of Disney NFTs. He mentions that Disney has copyrights, trademarks, and characters that present extraordinary NFT possibilities. The company could pursue hiring an experienced corporate attorney to address potential issues on NFTs and emerging technologies.

Earlier in 2022, Disney focused on Augmented Reality, NFTs, and Artificial intelligence in its Disney Accelerator Program. The Program selected six growth stage companies to gain from its business development platform. These companies included Polygon, a layer 2 scaling platform that has experienced immense growth. It also comprised other Web 3 projects such as Flickplay and Lockerverse. FlickPlay enables users to discover NFTs through augmented reality, while Lockerverse is a storytelling platform to link creators and brands.

Disney to Accommodate Web3 adoption

Several consumers are unconvinced about NFTs and the metaverse due to technical barriers of entry and lack of usability in some platforms. Others criticise the speculative nature of NFTs with some collections earning significant amounts of funds. Despite these concerns, Disney has the edge due to its extensive list of TV shows and films. Crypto Lists believes the job listing is a significant move towards Web 3 adoption by Disney.

by Our Certified Author
Ether Newsflash
    Wager with Ether on today's soccer games at Vave CasinoWager with Ether on today's soccer games at Vave Casino
    Saturday, 18 Mar 2023 9:54 am
    If you're a big fan of footie then you might like to have a whirl on Vave Casino before today's big Premier League matches kick off. With multiple crypto currencies available to deposit wallet to wallet including Bitcoin, Ether, and a welcome bonus of 150% up to 1.5 BTC there aren't many better places to play today. So, will you be betting on Everton to upset Chelsea or maybe you'll turn your eyes to Spain to check out this evening's La Liga showdown between Atleti and Valencia? Either way, there are many chances to win big. Try Vave now!

    Enjoy an Ethereum casino with 3000 USDT bonus at BitfiringEnjoy an Ethereum casino with 3000 USDT bonus at Bitfiring
    Friday, 3 Mar 2023 9:12 am

    If you're looking for a pure crypto casino where you can play with and win coins like USDT, BTC, ETH, and DOGE then you might like to try Bitfiring. With a fantastic deposit for new players of 3000 USDT spread over six separate deposits, and a nice range of 800+ titles, it's superb for anyone looking for a casino without geographical restrictions and anonymous play. And did we mention it looks cool too? But don't take our word for it, see for yourself. Play on Bitfiring now!

    Arbitrum overtakes Ethereum in transactions - ICO soon?Arbitrum overtakes Ethereum in transactions - ICO soon?
    Friday, 24 Feb 2023 10:01 am
    Fans of the fledgling Arbitrum network will be rejoycing today as it's revealed that in Q1 so far it's overtaken Ethereum in daily transactions. Now, many new networks have been labelled as Ethereum killers, yet Vitalik's baby is still the leading light and its coin the second to Bitcoin in market cap. Fans of Arbitrum are eagerly waiting for news of a potential coin, which would no doubt become a huge hit due to the hype surrounding it and the solid fundementals of the project. Time will tell! In the meantime, you can buy Ether right away by signing up for Skilling now!

    Is a BTC and ETH breakout on the cards this weekend?Is a BTC and ETH breakout on the cards this weekend?
    Saturday, 28 Jan 2023 9:44 am
    This past seven days has seen a relatively mild market, without many big ups or downs. Yesterday saw some small volatility, but nothing to write home about. Bitcoin (BTC) is hovering between $22,300 and $23,400 and Ether (ETH) between $1,550 to $1,650. However, many analysts on social media believe various factors are coalescing to produce either a sharp move up, or sharp move down over the next few days. If you'd like to test your market expertise, open a free account on Skilling today!

    52% of Ethereum addresses in profit in monthly high52% of Ethereum addresses in profit in monthly high
    Tuesday, 10 Jan 2023 3:43 pm
    Ethereum (ETH) enthusiasts will be enthused at the news that wallets on the world-renowned chain are in profit. Well, just over half at least, putting them at a monthly high when analyzing the past seven days of activity as performed by Glassnode. The ongoing success of the blockchain could be down to the merge, as well as the sheer number of great projects built and run on the network...
    Read the full newsflash

New crypto casinos
Recent crypto sites
Recent crypto coins
Copyright © 2019-2022, by Crypto Lists Ltd ( Company name: Crypto Lists Limited. Address: 5 Upper Montagu Street, LONDON W1H 2AG, England.
Jump to top