Quick take:
- The candidate will provide full life cycle legal advice and support for 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 ad posted on Saturday.
The ideal candidate would need a minimum of five to eight years of experience in managing and running complex corporate transactions.
Job responsibilities include providing full life cycle legal advice and support for global NFT products as well as ensuring NFT product compliance with applicable U.S. and international laws and regulations as the Web3 industry comes under regulatory pressure.
Other duties include performing due diligence for NFT, blockchain, third-party marketplace and cloud provider projects and providing day-to-day legal advice to Disney legal and business teams on NFT and cryptocurrency-related matters and issues, including reviewing marketing and advertising disclosures and evaluating securities law issues in connection with the promotion and sale of NFTs.
While not necessary, the job ad 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 ad comes as Disney ramps up its brand positioning efforts in the metaverse. In January, the company secured a technology patent for a “virtual-world simulator” enabling it to offer headset-free AR experiences.
In June, the company hired former Apple Arcade exec, Mark Bozon, to lead its metaverse strategy. Under the leadership of Mike White, Disney’s SVP of next-generation storytelling & consumer experiences, Disney’s metaverse efforts have coalesced under the next-generation storytelling banner as the company says that the metaverse “means different things to different people.”
With a defined strategy, the next-generation storytelling department will focus on creating “new canvases for storytelling and audience engagement” incorporating digital, physical and virtual experiences.
Disney also recently launched a startup accelerator program focused on building the future of immersive experience, in particular, projects involved in technologies such as augmented reality (AR), non-fungible tokens (NFTs), and artificial intelligence (AI) characters.
In September, Disney CEO Bob Chapek revealed how the company plans to use data obtained from metaverse visits whilst leveraging consumer streaming habits (including content from Marvel and Lucasfilm studios), to create personalised experiences.
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