Tag: Cryptoys

  • Mattel’s Masters of the Universe launched on NFT platform Cryptoys

    Mattel’s Masters of the Universe launched on NFT platform Cryptoys

    Mumbai: The non-fungible token (NFT) platform that combines toys, gaming and entertainment to create an expansive playable universe Cryptoys has announced the launch of Masters of the Universe in a multiyear and global partnership deal with Mattel. 

    A new way for fans to collect and play with toy brands, Cryptoys are animated, playable collectibles that come to life the moment they’re unwrapped. The upcoming launch, timed to He-Man’s 40th birthday celebration this fall, will be the first to bring Masters of the Universe digital toys into a collectible, interactive world through the Cryptoys universe.

    Masters of the Universe fans will have a first look at the Cryptoys and Mattel partnership at San Diego Comic-Con, where exclusive collectible lapel pins featuring iconic characters (including arch enemies He-Man and Skeletor along with Battle Cat) will be given away daily at the Mattel booth.

    OnChain Studios CEO & co-founder Will Weinraub said, “The Masters of the Universe franchise is full of iconic, nostalgic characters that fans have been watching, playing with, and collecting for decades. Many of us grew up with Masters of the Universe, which is why we felt it was the perfect property to launch first on the Cryptoys platform as we partner with Mattel to bring new life to these beloved characters.”

  • Mattel inks multi-year deal with OnChain Studios’ Cryptoys NFT platform

    Mattel inks multi-year deal with OnChain Studios’ Cryptoys NFT platform

    Mumbai: OnChain Studios has announced a multi-year global partnership with toy maker Mattel for its Crptoys NFT platform.

    The partnership will give rise to a new generation of digital toys that exist on the blockchain. It will bring Mattel’s iconic brands into a collectible, interactive world through Cryptoy’s expansive and playable universe. Cryptoys are animated, playable collectibles.

    “Mattel shares our deep passion and innovative mindset for creating the future of play for the next generation.  Playable and interactive NFTs will be the first foray into Web3 and blockchain for millions of people, and we want Cryptoys to be the on-ramp that makes it fun and easy for everyone to collect and play,” said OnChain Studios CEO and co-founder Will Weinraub.

    “As owners of one of the largest portfolios of children and family entertainment franchises in the world, and as the first toy company to launch NFTs, we see incredible opportunity in the Metaverse for our cherished brands and iconic IP,” said Mattel president and COO Richard Dickson. “Mattel is continually stretching and scaling our brands to find the bridges between traditional toys and what’s next. We are excited to be expanding in this fast-growing space and to be the only toy company partner on the Cryptoys platform, giving fans of all ages new ways to be inspired by the Mattel brands they love.”

    Cryptoys’ summer 2022 launch will feature original character drops, followed by the first of many Mattel drops, including some of the company’s brands and characters.