Editor’s note: This story is available as a result of a content partnership between WFTV and the Orlando Business Journal.
What if the NFT economy was more stable? Walt Disney Co. (NYSE: DIS) has ideas on how to make that so.
Five inventors working for Disney Enterprises Inc. developed technology they believe could make a difference, and on Dec. 4, Disney filed an application for a patent titled “System and Method for Non-Fungible Token Economy Sinks.”
The rewards system devised by Alif Khalfan, Zachary Shalett, Malcolm E. Murdock, Brianna Cochran and Benjamin Lopez Barba is simple: Disney will offer special experiences for those willing to relinquish NFTs, and many of those experiences likely would take place on Disney property.
Read: Orange County state lawmakers discuss bill to give Reedy Creek’s control back to Disney
Click here to read the full story on the Orlando Business Journal’s website.
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