Following $4 million With funding from some of the biggest names in GameFi, the classic browser game Neopets will be reinvented in the metaverse for over 150 million fans worldwide.

HONG KONG, January 19, 2023 /PRNewswire/ — Neopets Metaverse is pleased to announce the successful close of its latest investment round, in which it raised $4 million in financing. This round saw participation from industry leaders in the gaming and blockchain sectors, including Polygon Ventures, Blizzard Avalanche Ecosystem Fund, Hashkey Capital, IDG Capital, and gaming giant NetDragon Websoft.

Founded in 1999, Neopets is best known for its classic browser game (neopets.com), which has captured hearts and created countless memories for more than 150 million fans around the world. The newest IP project, Neopets Metaverse, aims to bring the beloved virtual pet game to the decentralized world, offering gamers the opportunity to own and monetize their gaming experiences on the blockchain. The game will be free and accessible to cryptocurrency natives and casual gamers alike.

According to xiao xiaoChief Investment Officer at HashKey Capital, “We believe GameFi plays a crucial role in the larger metaverse narrative, serving as the interactive layer in the value chain and a key driver of traffic across web 2 and web 3. Neopets IP, in particular, has a huge fan base and we see great potential in its NFT and P2E features, which allow players to truly own and control their assets.We are also honored to have the opportunity to work with founders like Dominic, who can always execute and deliver.”

“We are beyond excited to help a timeless IP like Neopets innovate and build their Metaverse,” he said. ed changHead of Gaming at Ava Labs, “Ava Labs is investing in Neopets to support their goal of creating a fuel-efficient, fast, and eco-friendly metaverse experience and will work closely with them to deliver a world-class product to players.” “.

“We are delighted to get such strong support from our investors,” said Dominic, Metaverse Director of Neopets Meta. “This funding will allow us to deliver a truly inclusive and immersive gaming experience that will capture the spirit of the Neopets community.”

This news comes with the successful launch of Neopets Meta Alpha: Winter Edition, which introduces the lands of Neopia Central and Terror Mountain. Response to the game has been overwhelmingly positive, with players praising the immersive gameplay and nostalgia-infused minigames, including “Meerka Chase”, “Ultimate Target”, Y “Turmac Roll”. Alpha: Winter Edition is now available on the Neopets Metaverse website and will run until January 31, 2023.

With this round of funding, the Neopets Metaverse is poised to continue its growth, shining a positive new light on the magic of Neopets for veteran players, as well as attracting and nurturing a new generation of Neopians. The company looks forward to working with its investors and the Game-Fi community at large to bring Neopets Metaverse to life.

About the Neopets Metaverse

Neopets Metaverse is a community driven virtual pet game based on the original Neopets classic. At its core, the Neopets Metaverse is a digital world where players can breed, care for, customize, and battle their Neopets, all while building, owning, and monetizing their gaming experiences on the blockchain. Neopets Metaverse takes everything players love about the original game and adds a whole lot more. With exciting mini-games, electric PvP battles, unique Neopet care and customization system, etc., Neopets Metaverse offers a nostalgic and dynamic Web3 gaming experience for everyone.

Neopets Metaverse will be a free game: casual, fun and easy to navigate.

Read our litepaper for a closer look at all the features Neopets Metaverse has in store.

You can also follow us on our social channels to stay on top of updates and announcements.

About Neopets

For the past 20 years, Neopets.com has been a leading virtual pet site around the world. Users can create and breed virtual pets called Neopets and earn or purchase digital items using one of two virtual currencies. Accompanied by their Neopets, players can explore the vast and vibrant world of Neopia, filled with numerous lands with their own unique themes. Throughout the journey, users can interact and bond with other Neopians and characters while learning about the lore and rich history of the planet. The Neopets community, like the game itself, is diverse, very active, and excited about what’s going on within Neopets.com.

About polygon labs

polygon labs develops Ethereum scaling solutions for Polygon protocols. Polygon Labs collaborates with other ecosystem developers to help make scalable, affordable, secure, and sustainable blockchain infrastructure available for Web3. Polygon Labs has initially developed a growing set of protocols for developers to gain easy access to leading scaling solutions, including Layer 2 (zero-knowledge rollup and optimistic rollup), sidechains, hybrid chains, application-specific chains, business and data availability. protocols. The scaling solutions that Polygon Labs initially developed have seen widespread adoption with tens of thousands of decentralized applications, unique addresses exceeding 207M, over TK million smart contracts and total TK transactions processed since inception. The network is home to some of the largest Web3 projects and well-known companies. Polygon Labs is carbon neutral with the goal of leading Web3 to become carbon negative.

about the avalanche
Avalanche is the world’s fastest and most reliable smart contract platform. Its revolutionary consensus protocol and novel subnetting allow Web3 developers to easily launch highly scalable solutions. Deploy to the EVM or use your own custom VM. Build what you want, how you want, on the green blockchain designed for Web3 developers.

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SOURCE Neopets