This photo, provided by the National Toy Hall of Fame, shows Baby Nancy, by Shindana Toys; Sidewalk Chalk, by Crayola; and Jenga, by Parker Brothers, left to right, that were inducted into the National Toy Hall of Fame on Thursday, Nov, 5, 2020. The honorees were chosen by a panel of experts from among 12 finalists and will be on permanent display inside The Strong National Museum of Play, in Rochester, New York. (Victoria Gray/National Toy Hall of Fame via AP)
Baby Nancy, the first Black baby doll to have an Afro and other authentic features, was inducted into the National Toy Hall of Fame on Thursday, along with sidewalk chalk and the wooden block game Jenga.
The 2020 honorees were recognized for their creativity and popularity over time.
They were chosen by a panel of experts from among 12 finalists that also included bingo, Breyer Horses, Lite-Brite, Masters of the Universe, My Little Pony, Risk, Sorry!, Tamagotchi, and Yahtzee.
Baby Nancy was the inaugural doll for Shindana Toys, a California company launched in 1968 by Operation Bootstrap Inc., the not-for-profit Black community self-help organization that emerged in the aftermath of the Watts riots in Los Angeles.
By Thanksgiving, Baby Nancy was the bestselling Black doll in Los Angeles, and before Christmas, she was selling nationwide. The toy exposed a long-standing demand for ethnically correct Black dolls, according to the National Toy Hall of Fame, located in The Strong museum in Rochester, New York.
Shindana Toys folded amid financial problems in 1983, but Baby Nancy “still stands as a landmark doll that made commercial and cultural breakthroughs,” curator Michelle Parnett-Dwyer said in a news release.
Another inductee, sidewalk chalk, traces its roots all the way back to Paleolithic cave art found throughout the world, hall officials said.
“There are few limits to what kids can do with chalk. Every sidewalk square, patio, and driveway holds the potential for a work of art, a winning game of strategy and cleverness, or a demonstration of physical agility, poise, and balance," chief curator Christopher Bensch said.
Jenga, the creation of Englishwoman Leslie Scott, was honored for its simplicity and ability to be played by almost anyone. Players take turns removing wooden blocks from a rectangular tower until it collapses. Its name comes from the Swahili verb, kujenga, which means to build.
"It is one of the rare games that’s equally fun for two people or a bigger crowd. It’s perfect for a game party with a group or something more intimate, but either way, it’s always sure to make instant memories,” curator Nicolas Ricketts said.
The three new inductees will be on permanent display at the National Toy Hall of Fame, alongside previous winners that include Barbie and the Hula Hoop. The hall takes nominations from anyone year-round and has inducted a new class each year since 1998.
Matt Schulz, Chief Credit Analyst at LendingTree, joins Cheddar to break down the different types of credit card rewards that are out there, which states utilize rewards more than others, and how to get the most out of your credit card rewards.
While people have been spending more time on their phones throughout the pandemic, a new report shows they were also spending more money as well. A review from Sensor Tower on the global app ecosystem this year found that the app economy will see record consumer spending in 2021, up nearly 20% from 2020. Sensor Tower director of sales and financial institutions Anthony Bartolacci joins Cheddar News' Closing Bell to break down the report.
The future of gambling in Florida recently suffered a major setback after a federal appeals court rejected a request from the state and the Seminole Tribe to allow online sports betting in the state. Now, the tribe has been forced to stop taking bets on its Hard Rock sportsbook app. ESPN gaming writer David Purdum joins Cheddar News' Closing Bell to discuss what this could mean for the future of sports betting in Florida.
Web3 software startup Thirdweb has raised $5 million in a funding round, coming from a group of high-profile investors, including Gary Vaynerchuk and Mark Cuban. Thirdweb says it is paving the way for the revolution surrounding the new iteration of the internet known as web3, by offering users free tools to build their own web3 projects. Thirdweb's co-founders Steven Bartlett and Furqan Rydhan join Cheddar News' Closing Bell to discuss.
Decentralized talent network Braintrust recently closed an atypical equity deal that involved investors buying $100 million in Braintrust tokens, the company's cryptocurrency. Braintrust's talent network is built on blockchain technology, which the company says allows it to be owned and built by users, instead of a centrally-controlled corporation. Braintrust users can also earn tokens for their contributions to the network and its growth. Braintrust co-founder Adam Jackson joins Cheddar News' Closing Bell to discuss.
Time magazine has unveiled SpaceX and Tesla CEO Elon Musk as Person of the Year for 2021. Jeffrey Kluger, editor at large for Time, told Cheddar that Musk's impact on so many facets of forward-looking industries like crypto, solar power, electric vehicles, and especially his work on space travel were the reasons behind the selection. "On balance, Musk is performing on so many levels and in so many venues that it was hard not to consider him our Person of the Year," he said. Kluger also noted that the choice is based upon the influence the subject has had, whether good or bad and is not a judgment on its own.
The recent verdicts of the Kyle Rittenhouse and Ahmaud Arbery murder trials have put a spotlight on the country's justice system. Experts have pointed to the explicit racial undertones in the high-profile trials, as well as the increased levels of stress that may be felt by communities of color because of the prevalence of these trials. Kailee Scales, CEO of Pencils of Promise and former first managing director of Black Lives Matter Global Network Foundation, joins Cheddar News to discuss.
Gold Medal ski racer Bode Miller and John Emery, CEO of Alpine-X, discuss the need to make snowsports more affordable and how the new facility in Virginia aims to diversify the sport to urban areas.