Starting around October 2017, Disney started giving away special MagicBands as part of their Magic Backstage program. For those of you who don’t know, Magic Backstage is a part of the Cast Activities, Recognition, & Experience division, and they exclusively give and award special gifts to Cast Members working at Disneyland and Walt Disney World randomly. This MagicBand gift, given out with or without a box, is one of the newest gifts to randomly selected Cast Members. There are currently about 25-50 of these in circulation, but more may be given out at future gifting events.
This band does not make special effects at touch points. You can read more about Magic Backstage by clicking here.