Walt Disney focuses on the metaverse

Walt Disney Co. focuses on the metaverse with the newest class of companies that the company sponsors.

The Burbank, California-based entertainment conglomerate has chosen six firms to join in this year’s Disney Accelerator program, all of which are focused on critical expertise and technology.

Disney provides companies with capital and jobs

FlickPlay, a social media platform that allows users to unlock non-fungible tokens attached to real-world locations, is among the participants in this year’s program.

Obsess, which assists firms in creating virtual 3D storefronts on their websites, and Red 6, which develops artificial reality headgear for use in active outdoor environments.

Epic Games and Unreal Engine computer graphics tools were previous participants of the Disney initiative, which debuted in 2014.