PolkaPet World Raised $3.1M In Seed Round Led By Animoca Brands

PolkaPet World, the Polkadot ecosystem NFT project in partnership with 21 of the biggest Polkadot projects, announced that the first-round funding for its highly anticipated $PETS token has closed at over $3.1 million.

The round was led by Animoca Brands, a leader in digital entertainment, blockchain, and gamification. Other investors included SkyVision Capital, DFG Group, Jsquare, Waterdrip Capital, Hillrise Capital, and 3Commas, among others.

“This round of investment was heavily oversubscribed and we’ve been overwhelmed with the response. To have major backers in this space, including Animoca Brands, is a testament to the strength of the $PETS token, and matches our ambition to make PolkaPets World a leading Polkadot project.” — Harry Liu, CEO of PolkaPet World

The $PETS token is a utility token that will grant holders the opportunity to interact with PolkaPet World partner protocols as well as earn exclusive NFTs, engage in P2E games, and access a number of innovative PolkaPet World DeFi products.

The $PETS token launches on 28 October 2021, with a number of IDOs to be announced on PolkaPet World community channels in the coming days.

ABOUT Polkapet World
PolkaPet World is an NFT project created by Bondly in partnership with some of the biggest names in the Polkadot ecosystem. Each PolkaPet is embodied as an artistic creature that represents a specific Polkadot project.

RESOURCES
Medium