Disney is seeking corporate counsel for NFTs, Blockchain, Metaverse and DeFi transactions

Quick take:

• The candidate will provide legal advice and support throughout the lifecycle of global NFT products.
• Other responsibilities include due diligence for NFT, blockchain, third party marketplace and cloud provider projects.
• Preferred qualifications include experience in the Web3 space.

Entertainment conglomerate The Walt Disney Company is seeking a corporate attorney to work on transactions involving emerging technologies, including NFTs, blockchain, metaverse and decentralized finance, according to a LinkedIn job posting published on Saturday.

The ideal candidate will need at least five to eight years of experience in managing and running complex business transactions.

Job responsibilities include providing full lifecycle legal advice and support for global NFT products, as well as ensuring NFT product compliance with applicable US and international laws and regulations as the Web3 industry comes under regulatory pressure.

Other duties include performing due diligence on NFT, blockchain, third-party marketplace and cloud provider projects and providing day-to-day legal advice to Disney’s legal and business teams on NFT and cryptocurrency-related matters and issues, including reviewing marketing and advertising disclosures and assessing securities law issues in in connection with the promotion and sale of NFTs.

Although not required, the job posting states that Disney prefers candidates with experience in the NFT, cryptocurrency and Web 3 space, including knowledge of related legal considerations and issues.

The new job posting comes as Disney ramps up its brand positioning in the metaverse. In January, the company secured a technology patent for a “virtual world simulator” that makes it possible to offer AR experiences without a headset.

In June, the company hired former Apple Arcade boss Mark Bozon to lead its metaverse strategy. Led by Mike White, Disney’s SVP of Next Generation Storytelling and Consumer Experiences, Disney’s metaverse efforts have coalesced under the Next Generation Storytelling banner as the company says the metaverse “means different things to different people.”

With a defined strategy, the next-generation storytelling division will focus on creating “new canvases for storytelling and audience engagement” that include digital, physical and virtual experiences.

Disney also recently launched a startup accelerator program focused on building the future of immersive experience, particularly projects involved in technologies such as augmented reality (AR), non-fungible tokens (NFT) and artificial intelligence (AI) characters.

In September, Disney CEO Bob Chapek revealed how the company plans to use data gleaned from metaverse visits, while leveraging consumers’ streaming habits (including content from Marvel and Lucasfilm studios), to create personalized experiences.

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