Cosmic Champs partnering with legendary indie toy company to bring physical toy in-game on Algorand
By Cosmic Champs (@madshapes-dev) • Session 3 • Awarded 3/10/2024
About the Proposal
The Toy Collectibles market was estimated at 13bilion in 2022 and is estimated to grow to 25bilion by 2025. It is rapidly growing market that is also a great match to combine with NFT technology. If succesfully funded we are partnering with an established player in the collectible toy industry that holds singinficant brand IPs for action toys that are also a perfect fit for our mobile game (imagine transformers or gundam mobile suit IP being added to Cosmic Champs game). We will do a limited physical run of a known collectible toy (not a cosmic champs character) and integrate it in our game as NFT. Each figurine will have its NFT counterpart. We will work on establishing a behaviour driven distribution channel, that will open Algorand to a whole new audience of collectors to interact ecosystem and pave the road for near future when industry behemots like Disney or Marvel will be looking for the blockchain to offer ther products as NFT + physicial collectibles. We see huge potential to onboard new community and also to establish the narrative that Algorand is the best chain for phigital (physical + digital) products. At the same time we do acknowledge that the costs of such endeavours are quite high and it is not possible to do it on our own budget.
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Progress Updates
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Milestones
Proposal Planning
Define proposal scope and requirements
Completed: 12/24/2024
Phase 1
Implement core functionality for phase 1
Completed: 1/23/2025
Final Delivery
Complete all deliverables and documentation
Completed: 2/22/2025
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Proposal Summary
Team
Cosmic Champs (@madshapes-dev)
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