NFT News

MGA Entertainment and Ioconic launch LOL Surprise NFT platform in 20,000 Retail Stores Globally

BTC Peers reporter

Dec 17, 2021 — 1 min read

According to toy producer MGA entertainment, the first nonfungible token (NFT)-based cards for the LOL Surprise trading card game are now available for purchase. In September, the company announced cooperation with digital asset consultancy firm, Ioconic to bring the $25 billion LOL Surprise brand into the NFT ecosystem.

According to the statement released, ten million actual packs of the card game, each comprising 50 million individual cards, would be sent to global shops by the end of the year. In addition, collectors of LOL Surprise will receive a QR code that may be scanned at the Play LOL Surprise portal to redeem online rewards. Digital trading cards, tokens, NFTs, or a digital duplicate of their real item are among the rewards. In addition, users can browse their collection in their LOL Surprise Art Gallery when new collections become available through limited drops and purchase extra NFTs in the LOL Art Shop.

Read Also: Famous Humanoid AI Robot Inspires NFT Collection

According to Jamie Lewis, the CEO of Ioconic, "The collectibles will be sold in 20,000 stores across the globe including Walmart, Target, and Walgreens in the United States and Tesco, Asda, Smyths, and Amazon in Europe." In addition, the Polygon blockchain will power all transactions, and Forte will include blockchain technology in its games. Forte, a firm based in the United States that provides blockchain solutions to game publishers, raised $725 million in a Series B financing.

The actual LOL Surprise dolls were initially released in 2016, and market researcher the NPD Group has ranked them as the number one toy property every year after that. MGA Entertainment also owns the Bratz and Rainbow High franchises. According to Polygon Co-Founder,

"Polygon is more than enthusiastic about supporting the fastest growing global toy-brand with the belief that the LOL Surprise NFTs will be a unique technique to boost fan involvement."

Check our guide of the most promising crypto

NAIFU Redefines Web3 with Unfiltered AI and Meme Coin Magic

imgnAI, a leader in blockchain-based AI, has launched NAIFU terminal, the company announced in a statement. By merging unfiltered AI with the meme coin culture, imgnAI is breaking barriers and redefining what it means to interact with intelligent systems. With NAIFU, imgnAI has launched a token intrinsically linked to Naifu,

World Mobile Documentary Showing Hurricane Helene DePIN Relief Airs with Mario Nawfal

When Hurricane Helene tore through North Carolina two months ago, the aftermath was catastrophic. Over 230 lives were lost, and more than $53 billion in damages were incurred. Infrastructure across the region was crippled, leaving thousands without communication. World Mobile, a leader in Decentralized Physical Infrastructure Networks (DePIN), responded to

HIO Music ($HIO) Announces Arabian Prince as the Chief Innovation Officer to Enhance User Experience and Artist Empowerment

* The rap icon brings much-needed experience to the HIO Music platform amid notable progressive events in the near term. * Arabian Price has already integrated his album content on the HIO Music platform. * The HIO Music team plans to distribute its native token, $HIO, to empower the community financially. HIO Music

Bitcoin Breaks 100K Milestone as Trump Names Pro-Crypto SEC Chief

Bitcoin achieved a historic milestone late Wednesday as its price surpassed $100,000 for the first time, driven by President-elect Donald Trump's announcement of key administration appointments viewed as favorable to cryptocurrency markets. The world's largest cryptocurrency reached $103,000 by Thursday morning, marking a dramatic

Read more

NAIFU Redefines Web3 with Unfiltered AI and Meme Coin Magic

World Mobile Documentary Showing Hurricane Helene DePIN Relief Airs with Mario Nawfal

HIO Music ($HIO) Announces Arabian Prince as the Chief Innovation Officer to Enhance User Experience and Artist Empowerment

Bitcoin Breaks 100K Milestone as Trump Names Pro-Crypto SEC Chief