- Asian Canadian custom toy maker Ricky da Luz has made over $700,000 in revenue by creating toys based on popular non-fungible tokens (NFTs).
- The 18-year-old toy designer from Toronto told Insider that he got his start last year by reaching out to Bored Ape NFT holders on Twitter and offering to make toy versions of their cartoon apes for free.
- Da Luz used $10,000 that he saved from mowing lawns as capital to set up his company IsmToys and make the first toys that he gave away to Bored Ape NFT owners.
- IsmToys, which received orders for over 300 toy commissions at the start of the year, has gained more than 200 additional orders on queue for next month after participating in the 2022 NFT.NYC conference.
- The young toy designer now runs the company with his father, Tony da Luz, and a team of six staff members. The company does nearly all its transactions in Ethereum and also mints NFTs that serve as an authenticator for buyers of the physical toy.
- A series of 888 "Golemz" that the company minted sold for $300,000 in 96 seconds, according to da Luz.
An Asian Canadian teenager has earned over $700,000 by creating toys based on popular non-fungible tokens (NFTs).
Ricky da Luz, an 18-year-old custom toy maker, told Insider that the revenue came from commissioned custom toys priced at an average of $700 and other toys that range from $50 to $200.
- Jada Toys’ Transformers Optimus Prime Converting RC Toy is able to transform from a 12-inch-long truck into a 13-inch-tall robot via remote control.
- The action figure, which is set to launch in September, can perform different poses and even walk, albeit in a “separated leg-like movement.”
- Priced at just $69.99, Jada Toys’ version of the iconic robot is a cheaper alternative to the $700 self-transforming toy manufactured by Robosen Robotics.
A toy company has designed its own self-transforming Optimus Prime.
Set to arrive in September, Jada Toys’ Transformers Optimus Prime Converting R/C toy is able to transform from a 12-inch-long truck into a 13-inch-tall robot via remote control.
- A father in Hong Kong was forced to pay HK$33,600 (approximately $4,255) at a designer toy store after his son knocked over a golden Teletubbies figure.
- The incident occurred at the KKPlus store in Langham Place mall in Hong Kong on Sunday evening.
- Staff members at the store told the father and his wife that their son was seen kicking the Teletubbies figure and asked for compensation.
- The father believes his son may have been falsely accused after a video of the incident showed the 5-year-old slightly leaning on the figure.
- In response, KKPlus released a statement that the figure had not brought any trouble in the past and has been in the same spot since November 2021.
A father was forced to pay HK$33,600 (approximately $4,255) as compensation after his 5-year-old boy knocked over a golden Teletubbies figure in a Hong Kong designer toy store.
On Sunday evening, the man, Cheng, visited the KKPlus store in Langham Place mall in Hong Kong with his wife and two sons. When he stepped out to take a phone call, he reportedly heard a loud crashing sound behind him and discovered that his son had shattered an over-1.8–meter-tall (5.9 feet) golden Teletubbies figure.
- Mattel is set to release a Barbie Lunar New Year doll in partnership with Chinese fashion designer Guo Pei and facilitated by the Asian Couture Federation.
- The doll will be available for purchase starting on Jan. 24 for $75.
Mattel has launched a Lunar New Year Barbie doll in partnership with world-renowned Chinese fashion designer Guo Pei.
The doll, set to release today, features Guo’s “signature embroidery detailing,” with intricate designs of golden phoenixes and water and wave motifs that traditionally appear on attire worn by Chinese royalty, according to Mattel.
- LEGO recently introduced three 2022 Lunar New Year sets.
- The sets include: Lunar New Year Traditions, Lunar New Year Ice Festival and Majestic Tiger.
Danish toy company Lego unveiled three sets for the launch of their 2022 Lunar New Year edition.
Each of the sets includes six brick-built scenes featuring traditional Chinese festivals – a Lunar New Year Festival, a Spring Festival ice skating park and a 3-in-1 Lego Majestic Tiger to mark the Year of the Tiger.
‘Readers feel seen’: Meet Corinne Tan, American Girl’s first Chinese American ‘Girl of the Year’ doll
- American Girl recently unveiled Corinne Tan, the first Chinese American doll to join its annual "Girl of the Year" lineup.
- The brand also released a companion doll named Gwynn, Corinne’s little sister.
- Author Wendy Wan-Long Shang wrote two books detailing Corinne’s story.
- A team of experts provided insight during the doll’s development for authenticity and accuracy.
Toy brand American Girl unveiled its first Chinese American “Girl of the Year” doll on Thursday.
The 18-inch doll, named Corinne Tan, has made history as the first Chinese American to join American Girl’s popular annual lineup, according to a press release. The toy brand also released Corinne’s little sister, Gwynn, as its first-ever 14½-inch companion doll.
Lego is responding to growing demands in Asia by investing $1 billion to build a toy factory in Vietnam.
Second site in Asia: In a recent press release, the Danish toy company revealed that it is erecting a new 44-hectare (109-acre) facility in Binh Duong Province, which is about 50 kilometers (31 miles) from Ho Chi Minh City.
Ryan Kaji has done it again.
The 8-year-old boy, whose real name is Ryan Guan, has regained the top spot in Forbes’ 2019 list of highest earners on YouTube thanks to his highly successful toy review channel, Ryan’s World.
Among the hottest toys to hit American store shelves back in 2013 was the Rainbow Loom, a kit of rubber bands with a special loom that makes bracelets.
Created by Malaysian-born immigrant Cheong Choon Ng, the kit sold over 8 million units worldwide, along with 40 million packets of rubber bands a year after it was made available across the United States.
Fans of “Yu-Gi-Oh!” will be elated to know that their childhood dream of becoming a powerful duelist like Yugi Mutou is now one step closer to becoming a reality with the release of a life-size “Yu-Gi-Oh!” Duel Disk.
The popular manga and anime franchise (from the late 90’s to the early 2000’s) follows the story of a boy named Yugi Mutou, who uses huge holographic fields called Duel Disks/Rings to battle ancient monsters. The $19.8 billion “Yu-Gi-Oh!” franchise currently ranks among the highest-grossing franchises of all-time.
McDonald’s in Japan are using trays recycled from plastic toys as part of the fast food chain’s attempt to reduce plastic waste.