Categories: World

Here’s how Disney parks could reward NFT collectors

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.

▶ WATCH CHANNEL 9 EYEWITNESS NEWS

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.

Click here to download our free news, weather and smart TV apps. And click here to stream Channel 9 Eyewitness News live.

Share

Recent Posts

Violent Venezuelan gang Tren de Aragua terrorizing Americans in at least 19 states

close Video Tren de Aragua suspects arrested in Bronx, New York Fox News correspondent CB…

1 hour ago

Scott Peterson arrest months after Laci disappeared Christmas Eve may have been strategic: former homicide cop

close Video Murder suspect Brad Simpson appears in court Brad Simpson appeared in a San…

1 hour ago

Fall of Assad, rise of Trump: Why 2024 was a very bad year for Iran

The fall of Syria’s Bashar al-Assad was the crescendo of a remarkably bad year for…

1 hour ago

Six household appliances that have taken heat from Biden’s crackdown on regulations

The Biden administration has made tightening efficiency standards for household appliances a target as he's…

1 hour ago

Trump names several new White House picks to work on AI, crypto and more: ‘America First Patriots’

President-elect Donald Trump unleashed a slew of nominations on Sunday night, naming several new people…

8 hours ago

Trump nominates Callista Gingrich as U.S. ambassador to Switzerland, announces other picks

President-elect Trump on Sunday named Callista Gingrich, wife to former Speaker of the House Newt…

8 hours ago