‘Disney Pinnacle’ is a new digital platform that will let fans collect and trade NFTs based on Disney theme park pins. Disney is working with Dapper Labs, the creators of CryptoKitties and NBA Top Shot, to bring this platform to life. It will be a fun and magical way to enjoy Disney pins in the digital world.

#nft #Disney #DapperLab

#Disney teams up with #DapperLab to launch the innovative #NFT platform Disney Pinnacle

This platform aims to revolutionize fan interaction with favorite characters by tokenizing a century's worth of iconic Disney and Pixar characters, as well as heroes and villains from the Star Wars universe.

These characters will be transformed into unique digital pins, providing an immersive and interactive collecting experience for fans.

Dapper Labs and Disney Unveil Disney Pinnacle NFT Platform. 🎨

Dapper Labs, known for NBA Top Shot, collaborates with Disney for a new NFT venture.

Disney Pinnacle transforms traditional pin-collecting into a digital experience.

Characters from Disney, Pixar, and Star Wars featured in digital pin collections.

Waitlist for Disney Pinnacle opened, accessible on the Apple App Store later this year.

The NFT platform hosted on the Flow blockchain, ranked ninth in NFT sales.

Disney's previous involvement in blockchain-driven NFT initiatives, including Veve.

Flow reports $5,060,499 in sales in the last 30 days, a 23.56% increase.

Disney Pinnacle designed for iOS devices, allowing users to share collections on the go.

Dapper Labs CEO highlights the product's development based on years of experience.

Disney's entry into the NFT realm, following previous metaverse engagement and restructuring in April 2023.

Opinions and Thoughts:

Dapper Labs and Disney aim to capitalize on the enduring nostalgic value of Disney's iconic characters.

The move to digital pin-collecting aligns with the growing trend of NFT adoption.

While a partnership with Disney could boost sales, challenges faced by Disney are acknowledged.

Flow blockchain's performance in NFT sales and potential impact of the collaboration on its standing.

Disney's history in the blockchain and NFT space, including previous initiatives and restructuring.

#DapperLab #Disney #nfts

Dapper Labs settles lawsuit over NBA Top Shot NFTs being securities. Dapper Labs will pay the plaintiffs $4 million, which includes compensation for the plaintiffs' claims and legal costs.

As part of the settlement, Dapper Labs has agreed to make certain business changes, including:

• Transferring all its FLOW tokens to the Flow Foundation
• Allowing third-party markets other than Dapper to trade NBA Top Shot NFTs
• Processing withdrawals more promptly

#NFT #DapperLab #NBA #Topshot #Megadrop $FLOW