The Toy Dispenser is a new feature that is available in Disney Infinity: 3.0 Edition.
it is similar to an oversized gumball machine, with 4 sides each, with buttons for enemies, vehicles, game maker items, and a side for floors and skies.
The Toy Dispenser will appear at the start of every new toy box the player creates. Standing on a button near it will cause it to drop a capsule with a toy inside that the player has already unlocked, that the player can then play with in the toy box. This gives players an opportunity to explore more thoroughly each and every toy that they have unlocked that they may not have had much chance to explore before.