Neopets Metaverse: Important Fundraising Announcement!

Neopets Metaverse
4 min readJan 19, 2023


Fellow Neopians,

Today is a big day. We are thrilled to announce that Neopets Metaverse has raised $4 million in funding from some of the most prominent names in the Blockchain space! We are honored to have the opportunity to work with our investors, who include Polygon Ventures, Avalanche Blizzard Ecosystem Fund, HashKey Capital, IDG Capital, and gaming giant NetDragon Websoft.

Their support and faith in our project mean the world to our community, and we are more than excited to work together in making Neopets Metaverse a reality. This milestone marks the beginning of something great. Let’s look forward to a bright and exciting future!

If you have time, feel free to read our full press release here!

What’s in Store for the Future!

This funding allows us to keep improving your experience by scaling up our team and implementing necessary changes and new features to our Alpha. The game will only get better with each new edition release! That being said, we will update and involve you in every step of the way. Expect 100% effort from us as we bring you new and exciting surprises (expect more species, maps, and festival-themed surprises!).

Furthermore, we are dedicated to revitalizing the IP at large by exploring a wide range of partnerships and events. These efforts aim to reignite Neopia’s magic in the mainstream scene and introduce everyone to the wonderful world of Neopets Metaverse.

Buckle up, and let’s enjoy this epic journey!

Meet our investors:

About Polygon

Polygon Labs develops Ethereum scaling solutions for Polygon protocols. Polygon Labs engages with other ecosystem developers to help make available scalable, affordable, secure, and sustainable blockchain infrastructure for Web3. Polygon Labs has initially developed a growing suite of protocols for developers to gain easy access to major scaling solutions, including layer 2s (zero-knowledge rollups and optimistic rollups), sidechains, hybrid chains, app-specific chains, enterprise chains, and data availability protocols. The scaling solutions that Polygon Labs have developed have seen widespread adoption through tens of thousands of decentralized apps, unique addresses exceeding 207M, over millions smart contracts, and total transactions processed since inception. The network is home to some of the biggest Web3 projects and well-known enterprises. More importantly, Polygon Labs is carbon neutral with the goal of leading Web3 in becoming carbon negative.

About HashKey Capital

HashKey Capital is a Hong Kong-based venture capital firm that invests in blockchain and fintech startups. They are a sister company of HashKey Group, a financial services group focusing on blockchain and digital assets. The firm was founded in 2017 and had been actively investing in the blockchain and cryptocurrency space since then. HashKey Capital strongly focuses on investing in the infrastructure and ecosystem of the blockchain industry. They invest in projects that build the blockchain’s underlying technology, such as protocols, platforms, and infrastructure. They also invest in projects utilizing blockchain technology to solve real-world problems. HashKey Capital has invested in a diverse range of blockchain startups and projects, including companies working on digital identity, decentralized finance, and enterprise blockchain solutions.

About Avalanche

Avalanche is the fastest, most reliable smart contracts platform in the world. Its revolutionary consensus protocol and novel Subnets enable Web3 developers to easily launch highly-scalable solutions. Deploy on the EVM, or use your own custom VM. Build anything you want, any way you want, on the eco-friendly blockchain designed for Web3 devs.

About IDG Capital

IDG Capital is a venture capital firm that has been investing in technology companies for over 30 years. They are one of China’s largest and most experienced venture capital firms, focusing on early-stage investments in technology startups. IDG Capital has invested in a wide range of technology sectors, including software, internet, mobile, healthcare, and clean-tech. They have a strong track record of investing in successful companies like Baidu, Tencent, and Ctrip. IDG Capital has a global presence, with offices in Beijing, Shanghai, Hong Kong, San Francisco, Boston, and London.

About NetDragon Websoft Holdings

NetDragon Websoft Holdings Limited is a Chinese gaming and mobile Internet company based in Fuzhou, Fujian province. The company was founded in 1999 and is listed on the Hong Kong Stock Exchange. NetDragon is known for developing and publishing massively multiplayer online games (MMOGs) and mobile games while maintaining a solid track record in the education and mobile internet industries. The company’s most popular MMOGs include Eudemons Online and Conquer Online, while its mobile games include Story of a Dragon and Dragon Awaken.

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This article is issued on behalf of, and with the consent of Neopets Inc. and is intended for informational purposes only regarding potential future plans. It is not intended to be legally binding, nor is it intended to be an offer, solicitation, or advice of any kind. Any forward-looking statements or information involve known and unknown risks and uncertainties, which may cause actual events to differ materially. No reliance should be placed on any such forward-looking statements or information. The initiatives in this article, if they proceed, may not be available to all persons in all jurisdictions and are subject to change. No regulatory authority in any jurisdiction has examined or approved this article or any part thereof. Please always read any applicable terms and conditions carefully and seek trusted advice as needed.



Neopets Metaverse

A free-to-play, play-and-earn, community-driven, Web3 virtual pet game based on the original Neopets classic!