Neopets Raises $4M in Funding

Neopets Metaverse

Neopets Metaverse, a Hong Kong-based provider of a play-and-earn, community-driven virtual pet game, raised $4M in funding.

Backers included Polygon Ventures, Blizzard Avalanche Ecosystem Fund, Hashkey Capital, IDG Capital, and NetDragon Websoft.

The company intends to use the funds to create an immersive gaming experience.

Founded in 1999, Neopets is known for its classic browser game at www.neopets.com, which has created core memories for more than 150 million fans across the globe. The company is now advancing Neopets Metaverse, a play-and-earn, community-driven virtual pet game based on the original Neopets classic. At its core, Neopets Metaverse is a digital world where players can raise, care for, customize, and battle with their Neopets, all these while building, owning, and monetizing their gaming experiences on the blockchain. It features thrilling mini-games, electric PvP battles, a Neopet care, and customization system, etc.

The game will be free-to-play and accessible to crypto natives and casual players alike.

This news comes with the launch of Neopets Meta Alpha: Winter Edition, which features the Neopia Central and Terror Mountain lands.

FinSMEs

19/01/2023