This is from 2014, if I recall correctly. Captain Marvel mania had overtaken social media, and Frozen was the biggest movie on the planet. The two seemed like a strangely natural pairing, to me.
It’s just the Elsa figure from the Disney Infinity game, which was a game that gave you power-ups and stuff for attaching figures to a peripheral of some kind, like Amiibo, I think? I never actually played the game.
Anyhow, it’s Elsa with a Hala star sculpted over the chest, and a bunch of paint. And then I sold it on eBay for probably more than I should have.
Every so often, I see this thing pop up in Captain Marvel fan art discussions. It’s rad that people still think this piece is cool, long after Disney Infinity has been cancelled.