Disney To Hire Corporate Lawyer in Wake of Emerging Technologies

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Disney_seeks_corporate_lawyer_for_'emerging_technologies'_and_NFTs
  • Disney to hire an experienced corporate attorney to work on emerging technologies.
  • Disney wants to use data from the physical and digital worlds to drive its metaverse policy.
  • Disney CEO Bob Chapek said they are exploring plans for the metaverse.

The Walt Disney Company is hiring an experienced corporate attorney to work on “emerging technologies,” such as NFTs and metaverse, according to its listing on the company’s career page.

According to the job description, the entertainment company is looking for a “Principal Counsel — Corporate Transactions, Emerging Technologies & NFTs.” Disney said it is looking for a suitable candidate who will work on transactions involving NFTs, metaverse, blockchain, and DeFi.

The new role has been opened as Disney slowly transitions itself into the crypto, blockchain, and metaverse space. Disney’s CEO, Bob Chapek, while speaking at the biennial D23 Expo fan convention, revealed that they are exploring and developing their plans for the metaverse. Chapek also spoke on how the company will use the technology in the future.

Chapek said:

Disney is absolutely a lifestyle. The question is, how is our next-gen storytelling leveraging what we know about a guest uniquely in this Disney lifestyle, then serving unique experiences.

The CEO, while discussing the strategy, said Disney wants to use data from the physical and digital worlds and incorporate it into its metaverse policy. Data from theme park visits and consumer streaming habits will be the two sectors Disney is considering for their metaverse strategy.

Additionally, Disney has also been active in the NFT space. They are already working with VeVe, the NFT marketplace, where they launched the ‘Golden Moments’ collection. The collection includes Spiderman, Mickey Mouse, Marvel, and Pixar collections, among others.

Furthermore, Solana co-founder Anatoly Yakovenko in an interview said that he believes a major, long-lasting franchise IP could emerge out of the current NFT space. Yakovenko described NFTs as the dominant, breakout use case for Web3 technology, where tokenized assets can be used as the backbone for all creations.

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