The planet Prysmos suffers a collapse of its high-tech civilization due to a solar re-alignment. Two groups rise to dominance from the devastation to wage war upon each other. One is controlled by honest and law-abiding people and the other by criminals and villains. Following an open challenge thrown down by the great wizard Merklynn, fourteen surviving knights are granted powers of transformation and magical energy. The groups are now divided between the good Spectral Knights and the evil Darkling Lords. The battle for supremacy begins...
Holograms...and Knights...and Holograms...and magic...and holograms...and science fiction...and holograms.
HOLOGRAMS!!!!!!
That was the selling point because, for about a decade until the magic eye paintings took over, holograms were the coolest thing on earth...especially if you were as old as I was.
And that is what both the super expensive toys and the cartoon was about, holograms...more the toys than the cartoon. But, who cares anyway, this custom made to appeal to little kids and it did it in spades.