Disney receives patent to create a “Theme Park Metaverse”

Share This Post





Disney has received a patent that will allow it to build virtual experiences for its theme park. The patent will allow Disney to personalize its interactive interactions. The technology will allow the popular entertainment company to enjoy augmented reality (AR) attractions on Disney theme parks.

Disney moving to the virtual world

The technology behind the project will also work by tracking visitors who are using their mobile phones. It will also create and display 3D effects on physical spaces such as walls and objects.

The patent was approved in late December 2021, and it was for a “virtual-world simulator in a real-world venue.” Disney initially filed for the patent in mid-2020 at the US Patent and Trademark Office.

The metaverse is currently one of the most popular concepts in the blockchain space. Many brands are currently looking towards the metaverse to boost user interactions. Users can access these virtual worlds using virtual reality or augmented reality headsets.

Disney’s metaverse experience is somewhat different from most brands’ offers. The technology that the platform is proposing will integrate the metaverse into the real world.

Disney’s growing interest in the metaverse

Disney has previously shown interest in the metaverse. While releasing its Q4 2021 earnings, the company’s CEO, Bob Chapek, stated that Disney was working on linking the physical world to the digital world. Chapek noted the offering would allow “storytelling, without boundaries in our own Disney Metaverse.”

In November 2020, the Chief Strategy Officer for Disney Resorts, Tilak Mandadi, published a LinkedIn article highlighting plans to bring together the virtual and physical world.

At the time, he stated that “these experiences are perennial, and the guest engagement is inside and outside the parks. They are unique to you, but are also social and connected. They are constantly changing, so there is always something new to discover.”

However, after Mandadi’s article, Disney refuted claims of having ongoing plans to launch such an offering in the near future. However, the recent approval of a patent shows that Mandadi’s vision of building a “Theme Park Metaverse” could soon become a reality.

The total number of Disney theme parks globally currently stands at around 12. These theme parks are situated in the US, Hong Kong, Paris, China and Japan. These theme parks have generated revenues of almost $17 billion in 2021 despite the lockdowns during the Covid-19 pandemic.

Your capital is at risk.

Read more:

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Ether Liquidity Plummets 40% On Exchanges After ETF Debut

Liquidity of Ether on US exchanges has plunged as much as 40% since the first spot Ether exchange-traded funds entered the market on July 23, 2024 Related Reading: Cardano Bull Sees ADA Jumping

UBS: European Real Estate Markets Enter New Cycle

UBS reported on Thursday that European real estate markets appear to be entering a new investment cycle, with key indicators pointing to stabilization “A new cycle starts,” the report

Bitcoin Plunges Under $54K As Weak US Jobs Data Shakes Markets

Bitcoin fell below $54,000 on September 6, 2024, after cruising earlier in the day to $57,000 following the US nonfarm payrolls The report showed that the economy added only 142,000 jobs in August,

Mark Cuban Warns Kamala Harris’ Unrealized Gains Tax Will Kill Stock Market

Billionaire Mark Cuban warned that taxing unrealized gains would “kill” the stock market but believes Vice President Kamala Harris would not prioritize this policy While Harris supports

Helium (HNT) Network Expansion Fuels 13% Gains Despite Faltering Market

Helium (HNT) defeats the market’s bearishness as its new developments drive hype for the long term According to CoinGecko, HNT rose by 13% despite the market’s continued fall in the short term

20 Government Agencies in US, South Korea, and Japan Tackle North Korean Crypto Threats

The United States, Japan, and the Republic of Korea (ROK) held their third Trilateral Diplomatic Working Group meeting on Friday in Seoul to address North Korean cyber threats Led by US Deputy