Neopets Scores a Goliath $4 Million in Funding

Good news Neopetsspan styling=”font-weight 400 ;”>! Web3’s virtual pet game, Web3, has seen a profitable start to 2023. It raised $4 million in its most recent funding round. According to a January 19, 2023 statement by the company, support came from Polygon Ventures and Avalanche Blizzard Ecosystem Fund as well as HashKey Capital and IDG Capital.

How Neopets will Use the Funding

According to the company’s official statement, it will use the newly acquired funds to enhance the player experience.

span style=”font weight: 400 Their support and faith in our project means the world to us, and we are excited to collaborate in making Neopets Metaverse come to life. This milestone is the start of something amazing. It said, “Let’s look forward for a bright future!”

Neopets also posted a Medium post revealing that they plan to make improvements to Alpha. These will include new species of Neopets and maps for players to explore, as well as festival-themed surprises.

But that’s not all. Neopets is looking at new partnerships and events to revitalize the space. This will bring more people into the community. And as these changes take place, Neopets has pledged to continue its existing community.

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*All opinions regarding investment and financial matters expressed by NFT Plazas come from the research and experience of site moderators. They are meant to be educational and not for profit. Before making any type of investment, individuals are responsible for fully researching any product.

Neopets Gets $4 Million from Goliath appeared first on NFT Plazas.

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