Description
Cryptoys, developed by OnChain Studios Inc., is a digital-first toy company and platform that redefines play using blockchain technology. It offers a universe of collectible and playable digital toys, known as Cryptoys, which are minted as NFTs on blockchains like Flow and Polygon. The platform features major brand partnerships, including Disney, Star Wars™, and Mattel, allowing users to purchase and unbox digital collectibles with varying rarity. These digital toys can be used in an ever-expanding "Cryptoyverse" of games and experiences, with a focus on accessible play-and-earn mechanics. The ecosystem includes a peer-to-peer marketplace where users can buy and sell Cryptoys, often using USD or the platform's virtual currency. To manage the supply and rarity of collectibles, Cryptoys employs a "Vaulting" mechanism, making certain items scarcer and more valuable over time.