NFT Evening NFT Evening
    Facebook Twitter Instagram Reddit
    NFT Evening NFT Evening
    • News
      • Collectibles
      • Crypto Art
      • Blockchain games
      • Metaverse
      • Music
      • Interviews
    • Guides
      • Top NFT Projects
      • Top Blockchain Games
      • NFT Marketplaces and Tools
    • Learn here!
      • What is an NFT?
      • How to keep your NFTs safe
      • NFT Glossary
    • NFT Calendar
      • NFT Drops
      • NFT Conferences
    NFT Evening NFT Evening
    Collectibles

    Home » News » Collectibles » Mattel’s Hot Wheels NFT Collection is Rolling in the Market

    Mattel’s Hot Wheels NFT Collection is Rolling in the Market

    By TheoJune 18, 20212 Mins Read

    The legendary toy company, Mattel, is auctioning off Hot Wheels NFTs on Tuesday. The NFT Collection will feature digital arts inspired by the classic edition of die-cast toy cars.

    Credit: Mattel Creations

    Mattel is a part of every person’s childhood memories because it is the home of well-loved toy brands like Barbie and Polly Pockets. 

    Hot Wheels’ NFT Transformation

    The Hot Wheels NFT Garage Series features three pieces of digital art based on classic cars from its archive: Twin Mill, Bone Shaker and Deora II. The auction on Mattel Creations website will accept ETH payment which is a first for the company.

    Mattel President and COO Richard Dickson, explained why Mattel decided to pursue NFTs starting with Hot Wheels. “Connecting to culture is core to Mattel’s DNA, and as we continually look to innovate, evolving physical product to digital art through NFTs was an obvious next step for Mattel Creations.” 

    “Mattel Creations is the perfect platform for us to present limited edition collector products that speak to our incredible fan base as well as attract new fans to our vast portfolio of pop culture brands. Toys as art, and art inspired by toys,” Dickinson adds.

    The future of NFT Toy Collectibles 

    The need for authentication is a prevailing problem of the industry. For example, there is no way to validate in sites like eBay where collectible appreciate like 10-20  times in price point. Thus, Toy Collectibles is an obvious use case of NFTs.

    Evidently, more and more toy companies realize the potential of NFTs. TOYMINT, a next-gen toy company, is selling heir first line of premium collectible toys paired with NFTs. Singaporean designer toys and art collectibles studio, Mighty Jaxx, makes The Beauty of Rebellion and the Sesame Street Nubbies line of products. These are NFT and physical collectible hybrid. Meanwhile, Alt Saints is replacing cereal box toys with crypto tokens.

    Join Our New "To The Moon" daily Newsletter

    Get our free, 5 minutes daily newsletter. Join 25,000+ NFT enthusiasts & stay on top 👊🌚

    Thank you!

    You have successfully joined our subscriber list.

    .

     


    All investment/financial opinions expressed by NFTevening.com are not recommendations.

    This article is educational material.

    As always, make your own research prior to making any kind of investment.

    NFT Cars
    Previous ArticleMcLaren Partners with Tezos to Build NFT Platform for Racing Fans 
    Next Article OpenSea Adds Support for Decentralized Metadata
    Theo
    • LinkedIn

    Theo is NFTevening co-founder. He has been in the digital marketing & Media industry for the past 7 years and is involved in several big publishing companies - Reaching 35Millions users monthly across 20 different countries. He is a nostalgic gamer, a Witcher-fan and a huge NFT-enthusiast !

    More great NFT Evening content:

    NFT Market Recovers: CryptoPunk Sells For Almost $1.5 Million

    February 8, 2023

    Takashi Murakami x Hublot Drop NFTs Linked To Physical Watches

    February 6, 2023

    Doodles Dooplicators Go Live Tomorrow: Here’s What to Know

    January 31, 2023

    Gutter Cat Gang Give Out Credentials Based On How Many NFTs Held

    January 30, 2023

    Prada Drops Its 9th Exclusive Timecapsule NFT

    January 27, 2023

    The Fabricant and Sevdaliza Drop a Provocative Wearable Collection

    January 27, 2023

    Funko Pop! Release Teen Titans Digital Collectible NFTs

    January 23, 2023

    Budsies Release Phygital Plush NFT: Unicorn Steve

    January 20, 2023
    Latest NFT News

    NFT Market Recovers: CryptoPunk Sells For Almost $1.5 Million

    February 8, 2023

    Earn Royalties from Hit Rihanna Song With Deputy NFTs

    February 8, 2023

    Polygon Outperforms Ethereum NFTs on OpenSea for the Second Month

    February 7, 2023

    Jack Butcher’s Checks NFT Collection Overtakes BAYC Trading Volume

    February 7, 2023

    Yuga Labs Settles Court Case with Ryder Ripps BAYC NFT Collection

    February 7, 2023

    Japan Leads The Way in NFTs And DAOs With PM’s Support

    February 7, 2023

    JokerClub by Partouche Verse x Porsche

    February 7, 2023

    BAYC Dookey Dash Sewer Pass Claim Ends Tomorrow!

    February 7, 2023
    Get The FREE Exclusive Report
    CLICK HERE

    NFTevening is the biggest website for NFT news. We cover; breaking news, upcoming mints, plus, interviews with top NFT artists and projects. Put simply, we are the best place for new and experienced non-fungible token fans — making content fun & accessible

    Privacy policy
    Terms and conditions

    Article Categories
    • Blockchain games
    • Collectibles
    • Crypto Art
    • Guides
    • Interviews
    • Metaverse
    • Music
    • News
    • NFT Marketplaces and Tools
    • Sponsored Content
    • Top Blockchain Games
    • Top NFT Projects
    NFT Calendar
    • Today’s NFT Drops
    • Upcoming NFT Drops
    • Solana NFT Drops
    • NFT Calendar
    • NFT Calendar : Add Your NFT Event
    Get In Touch
    • Advertise (Media Kit)
    • Collaboration and Press Releases
    • Job Opportunities
    • About Us
    • Contact Us
    NFT Beginners Guides
    • How to Sell NFT Art
    • How to Create NFT Art
    • How to Display NFT Art
    • How To Make Passive Income With NFTs
    • Best Crypto Wallet
    • Best NFT Coins
    • Best NFT Rarity Tools
    • What is a DAO ?
    • What Are Crypto Gas Fees ?

    Type above and press Enter to search. Press Esc to cancel.