What does this ice key do?

Best Answer
In the original Banjo-Kazooie, collecting the Ice Key does nothing... Until you then play Banjo-Twoie, where it unlocks a large Ice Vault that holds the Mega-Glowbo. The Mega-Glowbo can then be used in Humba Wumba's wigwam at the entrance of Witchyworld to transform Kazooie into a Dragon.
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What does the ice key do in Banjo-Tooie?
Banjo-TooieEdit The Ice Key is used to unlock a large safe with the powerful Mega-Glowbo. In the Xbox Live Arcade release of Banjo-Tooie, the Ice Key can no longer be obtained by defeating the Banjo-Kazooie Game Pak.What are the eggs and ice key for in Banjo-Kazooie?
Banjo-Tooie (XBLA) Heggy will hatch all the eggs which will unlock the three awards from the original (Breegull Bash, Jinjo as a multiplayer character and Homing Eggs) along with a gamer pic, a Xbox theme and Stop 'n' Swop II. The Ice Key is still used to access the Mega-Glowbo.How do you turn a Kazooie into a dragon?
Dragon Kazooie is a transformation in Banjo-Tooie that, unlike other forms, only affects Kazooie and transforms her into a green, fire-breathing dragon. It can be activated by taking the Mega-Glowbo to Humba Wumba in her wigwam found within the Isle O' Hags' Pine Grove, and works in any of the game's worlds.What is the key in Freezeezy peak?
The former is a giant key made of ice, while the latter are mysterious oversized eggs adorned with a question mark. Of the secret items, the Ice Key is the only one clearly visible in the game, but it's sealed behind an impenetrable ice wall in Freezeezy Peak, so players can't obtain it through normal play.I got hidden key | Blox Fruit
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Answer 2
In the original game and Banjo Kazooie on Xbox, the key had no purpose. It was an unimplemented feature.
The Ice Key in the Xbox version of Banjo-Tooie and Banjo-Kazooie: Nuts and Bolts does have a purpose and it involves obtaining the key on Banjo-Kazooie (on Xbox). Here's how it works:
Any mentioning of a Banjo-Kazooie game from this point on relates to the Xbox versions of them
There is a Banjo Kazooie game pak in Banjo Tooie The game pak is in Jinjo village, right of the entrance near the grip grab ability. As the Wiki words it:
...the Banjo-Kazooie Game Pak contains the Gold Mystery Egg and the Ice Key will automatically be added to your collected Stop 'n' Swop items if it was obtained in Banjo-Kazooie (XBLA).
You must collect the key in Banjo-Kazooie first, then pick up this game pak. After that, you can do this:
Take the Ice Key to the Waterfall Cavern in Glitter Gulch Mine and use the Talon Torpedo learned from Jolly Roger's Lagoon on the Kazooie boulder in the water. Swim through the tunnel that opens up to a large room on the Icy Side of Hailfire Peaks containing a gigantic ice safe. The key can be used to unlock the safe, revealing the powerful Mega-Glowbo which can be brought to Humba Wumba in the Pine Grove to transform Kazooie into the fearsome Dragon Kazooie.
Ultimately, the key unlocks the ability to turn Kazooie into a Dragon.
In Banjo-Kazooie: Nuts and Bolts the key (if collected in Banjo-Kazooie) also unlocks a British Flag that is inside of a crate on top of Boggy's Gym.
(Source)
Sources: Stack Exchange - This article follows the attribution requirements of Stack Exchange and is licensed under CC BY-SA 3.0.
Images: Oleksandr Pidvalnyi, Klub Boks, Felix Rottmann, Rachel Claire