Some Hasbro Exclusives Are Now Only Purchasable Through Crypto Currency

I hope this doesn't caught on.It's like a toy designed to be sold only to small circle of people.
Selling the toy through a websiter is already enogh.

TulioDude wrote:I hope this doesn't caught on.It's like a toy designed to be sold only to small circle of people.
Selling the toy through a websiter is already enogh.

I just find the rigamarole really dumb here. So you get an NFT (including getting a digital wallet and having to maintain that) only to then redeem a token for the physical toy. Why?????? Are you spending more than you would because you have to buy an NFT first, so is the megazord not worth 200$?? This is all so odd. Usually, the whole thing with Crypto is that it remains on the blockchain, but the blockchain aspect remains only temporary in this case. Or is that not the case and part always remains online? I just don't get this whole thing.

-Kanrabat- wrote:Then, it fail miserably because no one have a clue what the hell this is all about.

It was a success, sold out.

Flashwave wrote:So let me see if I get this. For $200 I buy a ticket to redeem for one toy and a digital receipt that is worth fake digital money. I can then present that for said toy and then sell the receipt because for some reason that is worth money also?

Wouldn’t box tops just be easier?

couldn't have said it any better.

What I'm wondering is how long can the NFT be exchanged for the toy? What if someone buys the NFT 2nd hand in 20 years then goes to Hasbro to redeem it?

1. They accept the NFT and make a single toy then and there.
2. Accept the NFT and send the exact reserved toy that's been sat in a warehouse for years.
3. Neither of the above. The toy has been out of stock and out of production for 20 years so your crappy fake bitcoin no longer has any value, let alone enough value to incentivise Hasbro to fire up an archived set of molds to produce 1 unit. They already got the money for the toy they didn't make at Pulsecon '21 when they sold the fake voucher.

I will say though, whoever buys into this is getting what they deserve, whether its a cool black and gold Series 1 Megazord or a voucher that may or may not be worth a Megazord for an undeterminable amount of time depending on how the other vouchers are being used.

Mistaken_Table wrote:What I'm wondering is how long can the NFT be exchanged for the toy? What if someone buys the NFT 2nd hand in 20 years then goes to Hasbro to redeem it?

1. They accept the NFT and make a single toy then and there.
2. Accept the NFT and send the exact reserved toy that's been sat in a warehouse for years.
3. Neither of the above. The toy has been out of stock and out of production for 20 years so your crappy fake bitcoin no longer has any value, let alone enough value to incentivise Hasbro to fire up an archived set of molds to produce 1 unit. They already got the money for the toy they didn't make at Pulsecon '21 when they sold the fake voucher.

I will say though, whoever buys into this is getting what they deserve, whether its a cool black and gold Series 1 Megazord or a voucher that may or may not be worth a Megazord for an undeterminable amount of time depending on how the other vouchers are being used.

It states "Redeem the digital token for the ZAP Special Edition Dino Megazord between 11/1 and 11/8 at 11:59PM EST" So you and the customer better be quick if they want to redeem it for the toy.

This whole thing is horrible. They better never do it for TF, ML, or G I Joe.

Mistaken_Table wrote:

It states "Redeem the digital token for the ZAP Special Edition Dino Megazord between 11/1 and 11/8 at 11:59PM EST" So you and the customer better be quick if they want to redeem it for the toy.

Oh god I didn't see that! Who would even take the NFT option then?

So the point of an NFT is just a cryptocurrency. THIS cryptocurrency starts at $200 on November 1st and will be permanently worth $0 on November 9th. What does Hasbro expect to happen in those 8 days? How does anyone make any money off this? Granted Hasbro proffs for every unredeemed voucher, but even then was it worth all the fuss?

Either they are testing the water with NFTs and this is already a written off short-term proof of concept or someone needs to explain NFTs to Hasbro...

I don't think it matters since it's sold out.

No matter how much I read about NFTs I just can't get my head around them and wonder if the perceived advantages of cryptocurrencies is worth the environmental effects...

I don't think it matters since it's sold out.

No matter how much I read about NFTs I just can't get my head around them and wonder if the perceived advantages of cryptocurrencies is worth the environmental effects...

NFTs are literally just renamed cryptocurrency, which are stocks in something that DOESN'T EXIST. The currency's value is determined by how much someone is willing to pay for it. Bitcoin got famous and popular so people charged a lot for it. And it sold, making it valuable.

What I don't get here is how does a customer use this NFT? They would need to sell it for more than they paid for it within those 8 days. How much more valuable could it get in 8 days? Just insta-redeem, wait 'til November 9th and charge whatever you want for the actual figure.

As for the environmental ramifications, would I be right in saying there are none for this specific NFT? It can't be generated as there is an exact amount of figures with a coin each. And after 8 days the NFT gets Thanos'd, leaving only the redeemed figures and the money from the sale of the NFTs be it from Hasbro or from 8 days of secondary market sales.

Nice to see Hasbro has gotten into the latest Big Tech money laundering scheme. And by "nice" I mean "abhorrent".

Are we sure it sold out, or has the order window closed so they just labeled it as such? Check the bullet list, says only available 10/22 - 10/24 https://hasbropulse.com/products/power- ... o-megazord

I'm really just hoping it didn't sell well at all, which would hopefully dissuade them from trying this bull with TFs.