Disney Pinnacle, NFT Platform For Disney Character Fans

Disney is preparing to present the NFT sales platform, Disney Pinnacle, with Dapper Labs. (Photo; Doc. NFT Duniya)

JAKARTA - Disney, a leading entertainment company, is working with Dapper Labs, a blockchain-based gaming developer, to create an NFT platform called Disney Pinnacle.

The platform will offer digital collectibles in the form of pins featuring Disney, Pixar, Star Wars, and Marvel characters. The platform will use blockchain Flow, developed by Dapper Labs, to print and trade the NFT pin.

"Disney Pinnacle is a new product designed from scratch to combine everything we've learned over the past few years. Fans everywhere will be able to collect dynamic pins on their phones and do buying and selling things instantly and safely to each other, wherever they are," Roham Gharegozlou, co-founder and CEO of Dapper Labs, said in a statement.

The platform is expected to launch at the end of 2023. iOS users will be the first to gain access to Disney Pinnacle on the Apple App Store. Currently, there is still an open waiting list for everyone who wants to join this platform.

Disney Pinnacle will present diverse NFT pins, ranging from Disney classic characters, such as Buzz Lightyear and Woody from "Toy Story", Disney Princesses, and Darth Badminton from "Star Wars", to Marvel characters, who will be present on this platform later.

Users will be able to collect NFT pins according to their favorite characters, as well as interact with other fans, and share and trade collections of pins with other users. Gharegozlou also said that Disney Pinnacle will have a simple and user-friendly interface or interface.

Not The First NFT Project

Disney Pinacle is not Disney's first NFT project. Previously, Disney also launched a limited edition NFT Star Wars toy collection along with the NFT Cryptoys platform. The NFT toy collection also uses blockchain Flow, which is created by Dapper Labs.

Blockchain Flow itself is claimed to have advantages in terms of efficiency, scalability and security. This blockchain is also used by other Dapper Labs collection platforms, such as NBA Top Shot and NFL All Day.

For additional information, Flow is a layer 1 blockchain open to all developers who want to create an innovative Web3 app that can be adopted by many people. Flow was created in 2020 by Dapper Labs to meet the needs of their own game developers. Now, Flow is one of the blockchain options for various decentralized applications (Dapp) that have emerged.

Meanwhile, the FLOW token has a low supply used by validators, developers, and users to participate in the Flow network and get rewards. At the time of recovery, the FLOW token was trading at a price of IDR 10,443. FLOW has increased by 4% in the last 24 hours FLOW market capitalization has reached IDR 15 trillion based on the latest data from CoinMarketCap.