Toy Manufacturer Mattel and Cryptoys Announce Masters of the Universe NFT Collection

This week, successful solemnisation of the 40th day of the Masters of the Universe (MOTU) franchise, the artifact manufacturing institution Mattel announced the motorboat of the authoritative MOTU integer artifact collection. The caller collection, dropping connected November 9, volition diagnostic classical MOTU characters similar He-Man, Battle Cat, Tri-Klops, and Evil-Lyn.

He-Man and the Masters of the Universe Enter the Blockchain-Powered Metaverse

On Wednesday, Mattel, Inc. (Nasdaq: MAT) and the caller non-fungible token (NFT) level Cryptoys revealed plans to motorboat a integer collectible postulation based connected the Masters of the Universe (MOTU) sword and planet-themed media franchise. According to the announcement, the constricted variation postulation was unveiled this week successful unison with MOTU’s 40th anniversary.

MOTU is good known for the characters He-Man and She-Ra, arsenic the fashionable 5.5-inch action-figure artifact enactment was released successful 1981. The MOTU oregon He-Man cartoon movie bid followed 2 years aboriginal successful 1983. Mattel’s MOTU franchise is inactive a popular civilization classical aft 40 years, with He-Man and Skeletor featured successful memes and recently created artifact lines. For the caller MOTU NFT collection, Mattel teamed up with Cryptoys, an NFT institution that combines toys, gaming, and entertainment.

Cryptoys leverages the Flow network, a blockchain task utilized by the Dapper Labs- crafted NFT collections NBA Top Shot and NFL All Day. The MOTU NFT postulation volition merchandise successful 3 waves and the archetypal merchandise volition diagnostic He-Man/Prince Adam, Tri-Klops, Battle Cat/Cringer, and Evil-Lyn. The waves volition tally from November 2022 to January 2023 and different characters similar Orko, Man-At-Arms, Skeletor, and Beast-Man volition beryllium released.

“With a unsocial quality to stay astatine the forefront of popular civilization for 40 years, Mattel’s Masters of the Universe IP has an highly precocious user consciousness level and beardown collectability value,” Mattel’s planetary caput of integer gaming, Mike DeLaet, said successful a statement. DeLaet added that the artifact manufacturing institution looked guardant to “providing fans of each ages a caller mode to acquisition He-Man and Masters of the Universe.”

According to Cryptoys, each MOTU driblet volition incorporate 10,000 toys per quality and each 1 volition person antithetic skins crossed 7 unsocial rarity levels. Cryptoys says that the scarcity of each tegument volition marque the collectible adjacent much “powerful.” The caller MOTU NFT postulation is not Mattel’s archetypal clip dealing with blockchain exertion arsenic the institution issued the Mattel Hot Wheels NFT Garage line with the Wax blockchain squad past year.

In much caller times, Mattel has worked with the Veefriends NFT task and the 2 companies released a constricted variation UNO platform featuring the Veefriends characters. The NFT steadfast Cryptoys raised $23 cardinal astatine the extremity of June and Mattel was an capitalist successful the round. Andreessen Horowitz (a16z), Sound Ventures, Dapper Labs, Animoca Brands, Acrew Capital, and Draper & Associates besides participated. In summation to Mattel, different artifact and collectible competitors similar Funko and Hasbro person besides issued blockchain-backed NFTs.

What bash you deliberation astir the Masters of the Universe NFT postulation by Mattel and Cryptoys? Let america cognize what you deliberation astir this taxable successful the comments conception below.

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