good news for neopets! Virtual pet game Web3 has confirmed a very profitable start to 2023, raising $4 million in its latest funding round. As confirmed in a statement dated January 19, 2023, the company’s latest round of funding was supported by companies including Polygon Ventures, Avalanche Blizzard Ecosystem Fund, HashKey Capital, and IDG Capital.
How Neopets will use the funding
According to its official statement, the company will use these newly acquired funds to improve the experience of its players.
“Your support and faith in our project mean a lot to our community, and we are beyond excited to be working together to bring Neopets Metaverse to life. This milestone marks the start of something big. Let’s look forward to a bright and exciting future!” she said.
A post on the project’s Medium page also revealed that Neopets intends to make changes to their Alpha game moving forward. Some of these will include more species of Neopets, more maps for players to explore, and more festival-themed surprises.
That’s not all, as Neopets will be looking for new partnerships and events that will revitalize the space and bring more people into the community, and as these changes are made, Neopets is committed to taking its current community forward.
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*All investment/financial opinions expressed by NFT Plazas come from the personal research and experience of our site moderators and are intended for educational purposes only. People are required to fully research any product before making any type of investment.
Tokoni Uti has written extensively on blockchain and cryptocurrency for years. Her work has been featured on sites like BTCmanager and Blockchain Reporter. She has a degree in Corporate Communications.
