A Toy Company from the Future

This episode is brought to you by:

OKX. You may have seen OKX on McLaren’s Formula 1 race car or Manchester City’s football kit. But what is OKX? OKX has over 730 spot trading pairs, 280 derivatives markets, and 1000 options markets. It processes 400,000 requests per second with 99.95% uptime. That’s why over 20 million traders and institutions choose OKX when they want to trade. Visit okx.com to learn more.

[00:02:18] - [First question] - The success of Cryptoys brand deals despite crypto downturns

[00:04:23] - The basics of IP licensing deals in the crypto industry

[00:05:49] - The kind of external partners he typically deals with for toyetic brand deals

[00:07:02] - Rewinding to the company’s genesis and how people reacted early on

[00:14:50] - The prototype design for Cryptoys

[00:16:06] - A closer look at the Cryptoys business model then and now

[00:18:37] - How kids are increasingly attracted to digital products

[00:21:05] - Why they can’t buy and sell their NFTs to kids today

[00:23:13] - What stops a child from joining Opensea and buying an NFT

[00:25:26] - His take on digital ownership and the pushback from the gaming community

[00:29:31] - Where Cryptoys on their timeline for developing a gaming component

[00:30:24] - What building on different blockchains means for the competitive landscape

[00:35:19] - Blockchains aren’t a one size fits all solution for application development

[00:38:36] - Why Cryptoys needs a blockchain at all compared to being hosted on a server

[00:40:41] - Potential risks to owning an asset on a newer blockchain

[00:43:00] - His take on going from a tech startup to a toy focused startup

[00:44:47] - What he’s most excited to build over the next six months and six years