Dapper Labs, the Web3 The gaming studio known for projects like the National Basketball Association’s (NBA) Top Shot and CryptoKitties, has made a major announcement in the non-fungible token (nft) market. The company revealed its plans to launch Disney Pinnacle, a “cutting-edge” digital pin collecting and trading platform.
This new platform will show characters from Disney’s centennial legacy and icons from Pixar and the Star Wars universe. These characters will be uniquely designed as interchangeable digital pins, taking inspiration from pins sold at Disney theme parks.
Dapper Labs presents Disney Pinnacle
According to recent reports, Disney Pinnacle is set to provide fans with an “engaging, socially driven experience.” The platform will allow collectors to interact, exchange and create custom varieties of digital pins from anywhere in the world.
Raham Gharegozlou, co-founder and CEO of Dapper Labs, expressed his enthusiasm for the project. Gharegozlou highlighted Disney Pinnacle as a product developed from the knowledge and experience accumulated by the company.
Known for creating influential projects, Dapper Labs has also developed the Flow blockchain specifically for large-scale consumer applications such as collectibles and gaming.
Gharegozlou emphasized that Disney Pinnacle has been designed to incorporate these learnings and provide fans with “unparalleled convenience and accessibility.” Gharegozlou stated:
Disney Pinnacle is a completely new product designed from the ground up to incorporate everything we’ve learned over the past few years.
This collaboration marks another significant association for Dapper Labs, following its multi-year collaborations with Google and the National Football League (NFL). Disney Pinnacle is scheduled to launch later this year on the Apple App Store for iOS devices, on the Google Play Store for Android devices, and through its website.
ethereum nft Markets Show Resurgence
According to a Messari reportThe consumer cryptocurrency market has seen small recoveries, and this trend is reflected in the recent performance of the ethereum (eth) nft markets.
After a relative slowdown, these markets have seen slight resurgences in trading volume. Especially notable is the resurgence of ethereum profile photo collections (PFP), where activity has increased in recent weeks.
On the other hand, despite the growth observed in the broader field solana ecosystem Over the past month, Solana nft markets have not yet reflected this trend.
While Solana has gained traction in several sectors, including decentralized finance (DeFi) and gaming, nft markets on the Solana blockchain have not seen a commensurate increase in activity.
According to the report, activity within the nft ecosystem remains divided between platforms such as TensorHQ and Magic Eden. These platforms have attracted users and facilitated trading activities, contributing to the overall growth of the ethereum nft markets.
However, the report suggests that the Solana nft ecosystem has yet to establish a dominant market or platform that can match the growth seen in ethereum.
Featured image from Shutterstock, chart from TradingView.com
