Disney is one of the most popular names in the world and its theme parks are part of the reason why. This multinational entertainment and media conglomerate has taken yet another initiative that will take its popularity to another level.
According to reports, the multinational entertainment behemoth has been approved for a virtual-world simulator patent. This approval was reportedly received by Disney in the last week of December 2021.
Disney also plans to integrate high-end technologies to bring the Metaverse to the physical world. This has got everyone’s attention, whether they are fans of the Metaverse or Disney. Even the crypto enthusiasts are intrigued by the news as Metaverse can benefit cryptocurrencies as well. Let’s find out more details about Disney’s initiative.
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Disney’s Plans for Metaverse and More
Disney has been intrigued by the Metaverse for quite some time. To be more specific, CEO Bob Chapek indicated in November 2021 that the company is preparing to combine physical and digital assets in the Metaverse.
“We’ll be able to connect the physical and digital worlds even more closely, allowing for storytelling, without boundaries in our own Disney Metaverse.”
According to reports, the approved patent for Disney will enable the firm to create customized interactive attractions for the visitors of the theme park.
The technology that Disney plans to use will promote the use of headset-free augmented reality (AR) attractions at the theme parks. This technology will also track visitors through their mobile phones and project customized 3D effects for them on any nearby surface, such as walls, physical spaces and more.
The Metaverse is widely perceived to only exist in the digital world, accessed through VR or AR headsets. However, Disney plans to change this about the Metaverse and wants to bring it to the physical world.
Tilak Mandadi, Disney Resorts Chief Strategy Officer, shared an article on LinkedIn in November 2020 that stated the following:
“As we look to the future, connected park experiences that transcend the physical and digital barrier and unlock new layers of storytelling are a very exciting focus of ours,”
It was also stated in the article that:
“These experiences are perennial, and the guest engagement is inside and outside the parks. They are unique to you, but are also social and connected. They are constantly changing, so there is always something new to discover.”
What Should Crypto Investors and Traders Know?
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Similarly, novice parties should also know the relation between Metaverse and digital assets as the former can benefit the latter. One of the ways Metaverse is anticipated to benefit digital currencies is through NFTs in video games and more.
In short, cryptocurrencies are not going to be any less significant because of the Metaverse. The value of the digital assets might very well increase.
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