Hello Pets announced that they have bought 10 Bored Ape Yacht Club NFTs (BAYC #6966, BAYC #6280, BAYC #5245, BAYC #4421, BAYC #5914, BAYC #7350, BAYC #2045, BAYC #9538, BAYC #1522, BAYC #6933) as the first step of their newly established $6M fund to develop and strengthen their Metaverse ecosystem.

Hello Pets is aiming to build an open entertainment ecosystem and become the ‘Disney’ in Web3. Benefiting from the NFT world’s IP licensing mechanism, they are able to not only create content using their own characters, but also a variety of other NFT characters by directly buying them from the market.

They will incorporate the purchased NFTs into their various products, including movies, metaverse, games, AR/VR applications, Lego-like toys, fashion, and many more. They believe this approach will result in richer and more captivating content in various Hello Pets products that appeals to a broader audience. They will keep buying more Blue Chip NFTs as well as excellent content creating teams to strengthen their ecosystem.

Within the $6M fund, they also plan to invest and acquire a few high-quality Metaverse and game teams to build the ecosystem together, and make it synergetic with all their products. This will accelerate their vision to construct an open NFT paradise, where communities are able to play games, edit scenes, create 3D content, and build their own Metaverse games in an easy way; NFT holders and artists are invited to create cool NFT avatars together; partners and brands are welcome to join them and enrich the ecosystem.

More info:

Hello Pets – to be the ‘Disney’ in Web3: https://hellopets.medium.com/4aabcb54a42a

 

Company Details –

 

Contact Person – Acacia Haynes

Email ID – Meow@hellopets.world

Website: https://www.hellopets.world/

Twitter: https://twitter.com/HelloPetsLabs

YouTube: https://www.youtube.com/@HelloPetsLabs

Discord: https://discord.gg/hellopets

This press release was originally published on this site

You May Also Like

AINOW cryptocurrency exchange (CRYPTOAINOW CAPITAL FOUNDATION cryptoainow.com) is advancing public welfare, supporting AI education

AINOW Cryptocurrency Exchange, a global leading cryptocurrency exchange and wallet platform, is…

Zulu Completes First ZKP Verify Test Implementation Written with Bitcoin Script

With this crucial and unprecedented step for Bitcoin Decentralized Bridge Development, Zulu’s…

A multi-chain payments platform for merchants & creators, now available on Polygon

Today marks an exciting milestone for the Web3 payments space as Helio…

Passport Bros Introduces the Game-Changing Airdrop of $BROS Token.

With the new developments, Passport Bros introduces the game-changing airdrop of the…

CryptoGames Unveils Exciting Updates: Introducing Shiba Inu, New Lotteries, and MATIC to POL Migration

CryptoGames, a leading online cryptocurrency casino, is announcing a series of significant…

SWAPD Launches a Straightforward Community Hub, Connecting Buyers & Sellers in a Secure and Well-Monitored Marketplace

SWAPD, the distinguished marketplace for valuable online properties, officially introduces its new…

AmzDoge Financial once again featured on the NASDAQ screen in Times Square

Newyork-On 5 February 2023 AmzDoge Financial officially disclosed its ICO plans and…

Reef Chain Positions Itself as the Tokenized Equity Platform for Alternative Investments

Reef Technology Ltd. today announced a strategic repositioning of Reef Chain as…

Revolutionizing Bitcoin Mining: FogHashing’s Eco-Friendly Solution on EMpower

 Fog Hashing, a trailblazer in immersion cooling solutions, unveiled their latest innovation…

DAMX: The Emerging Perpetual Exchange on Fantom

Cryptocurrency has become a hot topic in recent years, capturing the attention…