Disney NFT has stepped in the cryptosphere

NFT craze is booming with many more incredible projects being rolled out in the ecosystem. The craze is sweeping many industries including the entertainment industry. Following the scenario, Disney is also scrutinizing for someone who can lead its foray into the world of Web3.0, NFTs, and Metaverse. Moreover, the Burbank-based media seeks to put some efforts in the Non-fungible Token space and monitor the rapidly evolving industry.

Disney’s step in the NFTs industry

NFTs are crypto assets verified by blockchain technology. Each of these tokens have an unique underlying art work. Owning the NFT crypto token gives its owners the Proof-of-Authenticity and ownership. Entertainment companies in the music, movie and gaming industries have been quick to sell NFTs even if the jury is still out on whether they are just a FAD or a multibillion-dollar industry in the making.

Like other big names in the world, Disney also wandered into the sphere last year with a sale of its digital comic books and collectibles Marvel franchise. Later the media firm sold a digital artwork memorializing “Golden Moments” from other iconic franchises which indices the Star Wars and The Simpsons.

Notably, the buyers of the digital golden trophies sold through the VeVe also received three months of free access to the Disney Plus streaming service.

Disney aims to acquire largest NFT collection

According to some recent rumors Disney has plans to acquire the largest NFT collection. After Jamie Burke posted a tweet about Disney a string of assumptions and discussion sparked from NFT space. It is unveiled that if the rumors are true then Disney will acquire a big NFT collection and it would be the “biggest deal to date” for the industry.

Although it is unclear what Disney is planning, Snoop Dogg, the biggest NFT advocate and American Hip-hop star Snoop Dogg has given a waggish reply that the entertainment hub is buying the doggies. Besides, many individuals and maniacs bombarded some assumptions which suggested that the firm is going to acquire NFT collections like Cool Cats, Super Yeti, Doodles, and more.

Furthermore, someone attached a screenshot from Coolman Coffeedan of Coolman’s Universe stating that he is going to meet Disney officials.

Following such assumptions and rumors Burke confirmed that someone has made the right prediction about Disney’s possible choice of NFT collection to acquire by saying “All I’m going to say is someone in the thread got it”.