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Neopets discontinues NFTs and Web3 Neopets Metaverse Game

Neopets discontinues NFTs and Web3 Neopets Metaverse Game

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Neopets Metaverse cancels NFTs & Play-to-Earn vision after $4 million funding, CEO endorsement leaving fans wondering why

In a recent turn of events fan favorite Neopets pivots away from NFTs and ditches Neopets Metaverse. The decision came after receiving massive funding of $4 million from investors this year in January. Besides, Neopets Meta CEO Dominic Law publicly endorsed play-and-earn games whilst talking to Forbes. The team was positive that their Neopets Metaverse has “all the right ingredients” for the NFT game. Now, the NFT gaming plans are abruptly canceled leaving everything murky. Was it the peer pressure, or fans’ backlash against the NFTs? Or was it the mainstream media’s criticism of the beloved IP? Or was it all about following what the community has been asking for?

Neopets Cancels NFTs

Neopets is a successful fan-favorite IP from 1999, its web3 pet simulator is Neopets Metaverse. The web3 NFT game was in its alpha stage having sold more than 9000 Solana NFTs running over several collections. Additionally, the project had solid investors backing it like Polygon and Avalanche.

However, on Monday this week, the Neopets team dropped the bombshell in a blog post with an announcement of the closure of Neopets Metaverse. The blog post also shares that the game will transition from web3 to a non-crypto mobile game. The game is under development by the name World of Neopets.

“TNT has taken a close look at every nook and cranny of Neopets, and after doing so, the decision has been made to transition away from the Neopets Metaverse game and redistribute those resources to the development of a game that we feel can better reflect our values and vision,” TNT said.

“This decision was not made lightly,” TNT added, “but it was made for the best reason: we want to design a game that’s more in line with what the community has been asking for!”

Neopets TNT Goes Independent

The blog post also shares that the company closes a successful management buyout. This means that Neopets is now independent for the first time in 18 years. Neopets calls it corporate baggage, the blog post read, “Free from the corporate baggage that existed in the past, the newly united TNT has now been entrusted with the decision-making and overall brand strategy of Neopets.”

After going independent, the new entity is World of Neopia, Inc. It plans to launch, promising monthly updates, AMAs, and a brand ambassador program for Neopets fans. They plan to introduce a new homepage on July 20 and use an emulator to make old Flash games playable again, generating excitement in the Neopets community.

Fan Reactions

Fans on both sides i.e. traditional and web3 have reactions that are poles apart. NFT fans and web3 enthusiasts aren’t happy with the proceedings. Many are calling it a rug pull which is slang for scams in the crypto world. It is where web3 projects launch NFTs with a promise of future utility and then abandon the project or the game without refunding the buyers. In Neopets’ case, the NFT owners’ future is not clear as of now. However, Neopets assured one of the Twitter users that it will continue to support the Web3 community. Still, it remains unclear whether NFT owners will get a refund or will have any utility in the upcoming non-crypto mobile game.

Why Did Neopets Pull the Plug on NFTs?

According to a company representative, “Listening to the voices of the community is paramount to the success of our brand. It’s important to our team to listen to the needs and wants of our fans—this is what’s best for Neopets overall.”

The fans’ backlash and publications from major media houses are likely a couple of reasons. Fans boycotting Neopets NFTs and launching a trend on Twitter showed the community’s sentiment. On the other hand, we have publishers criticizing Neopets decision at the time. The Verge remarked it to as “fracking your childhood memories.” While Kotaku was more aggressive with commenting Neopets NFTs as “garbage.” Back then Game Rant analyzed that Neopets was on a “harmful path” by launching NFTs.

Neopets was well aware of the criticism and apologized to the community back in 2021. However, it continued to work on its web3 ambitions until now.

Neopets Metaverse cancels NFTs & Play-to-Earn vision after $4 million funding, CEO endorsement leaving fans wondering why
Neopets discontinues NFTs and Web3 Neopets Metaverse Game 2

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Neopets discontinues NFTs and Web3 Neopets Metaverse Game

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Starfall Arena: Dive into High-Speed MOBA Action

Starfall Arena is a sci-fi fantasy MOBA that offers players a high-speed, action-packed gaming experience. Designed for 5v5 battles, it shares similarities with popular titles like League of Legends (LoL) and DOTA 2 while bringing its unique flavor to the genre. The game unfolds from a top-down/isometric perspective, where two teams of players engage in intense MOBA warfare across intricately designed maps filled with formidable towers. To achieve victory in this dynamic arena, players must rely on teamwork, individual skill, and a deep understanding of the game’s mechanics, particularly character abilities and how they synergize within the team. Each team has a home base for spawning and respawning, but the real objective is to destroy the opponent’s towers and core through intense player-versus-player (PVP) confrontations.

Starfall Arena Review:

Starfall Arena immerses players in thrilling 5v5 MOBA battles against opponents from around the world. The game transports players to uncharted realms that serve as the battlegrounds for strategic showdowns. It offers classic controls with a directional joystick for character movement and action buttons to trigger various skills during combat. One notable feature is the integration of an NFT wallet, introducing a virtual currency element to enhance character acquisition, a common feature in contemporary gaming. This MOBA experience promises relentless competition and worldwide exploration for those seeking thrilling strategic encounters.

Technology and Accessibility:

Currently, Starfall Arena is available for Android users, and it can be downloaded directly from the Google Play Store. Registration is a straightforward process, requiring a valid email address for the verification code, which can also be initiated on the game’s official website. To ensure an inclusive and informative onboarding experience, the game offers comprehensive, fully-voiced tutorials tailored to players with varying levels of familiarity with MOBAs.

Community Response:

The response from the gaming community to Starfall Arena has been positive. Players have noted that the game retains some classic elements from titles like Heroes Evolved while modernizing the experience. For example, instead of using vision-giving lamps, the game makes the arena itself visible and introduces bushes as in other popular MOBAs.

Players have also praised the fast-paced nature of the game, and some have even boasted about undefeated win streaks, highlighting the game’s competitive nature. New players have found the game easy to pick up, with clear and understandable skills, impressive animations, and engaging sound effects. However, there is some skepticism about whether the game can maintain its initial excitement and popularity as time goes on. In summary, Starfall Arena offers a fresh take on the MOBA genre, combining classic elements with innovative features like NFT integration. With its fast-paced gameplay, comprehensive tutorials, and positive community response, it has the potential to become a significant player in the world of mobile MOBAs.

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League of Kingdoms – Game Review

League of Kingdoms is a free world NFT, Play-to-Earn, game where all of the land and assets are owned by the players. Players can buy land, develop it, form alliances with other kingdoms, and declare wars. Being a strategy game, the players must hone their skills in warfare, urban planning, governance, economy, instincts, and diplomacy. Additionally, it uses Ethereum blockchain technology. Moreover, the game uses $LOKA tokens as a governance coin. This coin helps players in transactions, construct buildings on it and develop their kingdom through various decisions of the kingdom. League of Kingdoms Gameplay: There are four major resources in the game League of Kingdoms that players need i.e. wood, stone, corn, and gold. Players earn them by completing different tasks and routinely mining. Moreover, LAND is a non-fungible token used to buy lands in the kingdom. So in a way, there are two types of people in the game, the landowners and the players who develop the kingdoms on these lands. Some players can be both. The interesting element of the game is the minting of NFTs that can be traded or burning these NFTs to create new resources. These NFTs can be bought or sold on the OpenSea platform but it requires gas fees which is not an attractive feature for a new game. In totality, there are 6 land levels in the game with the most expensive one costing $240. As the players’ kingdoms develop and expand, they can jump to the next level of land to increase their social standing and power in the game economy and society, giving the players a true metaverse experience. The secondary earning from the game can be achieved by investing in DAI tokens which the players can receive as rent from the lands they own and in this way the landowner and the players work together by formulating alliances to develop the kingdom. Playable on both PC and mobile, the developers promise smooth gameplay with a fun way to earn money and real-life value for time.

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The Forgotten Runes – Game Review – Play Games

The Forgotten Runes is an NFT world-building simulation game that provides several ways to earn real money. Moreover, it has over 10K wizard NFTs with a decentralized view of world creation. This means that there is not one creator of the game but thousands with their own contribution. Each NFT is unique and can be developed or modified by creating them, hence the term create-to-earn (C2E). Forgotten Runes is a pioneer in the create-to-earn gaming format where players in a huge MMORPG world participate in developing and creating a virtual world called the Runiverse (The Rune Universe). Players can help in creating landscapes, upgrading their NFT wizards, building structures, and diversifying the Runiverse ecology. The Forgotten Runes Tokenomics; Forgotten Runes based on the Ethereum blockchain technology is a bluechip NFT game that has a long-term value capability. Additionally, the game is an ultimate collaboration where all the members of the game community come together to create the game. The creation of new NFTs can help the players earn WIZARDS tokens which can be used to get some real-life money as the worth of the NFTs grow with time. Also, to widen the Forgotten Runes lore and the game universe, the developers have started an animated TV series. The game has a rich lore and storyline which is a result of various storytellers all coming together. These developers worked together in the creation of characters and different storylines with amazing NFT characters and interesting stories. Like, the Holy Arcanist Illuminus of the Heavens or the Prismatic Magi Braindraind, or even the 3D Wizz Deeze. Lastly, Forgotten Runes allows every member of the game to enter their version of the story and their own creation of characters to support the wider universe of the game.

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Meta Nano – 3D Play-to-Earn Metaverse on Polygon Network

Meta Nano is an innovative project introducing a 3D Play-to-Earn metaverse centered around NFTs called NANOs. These NANOs are intricately designed 3D NFT avatars that serve as the foundation of a collaborative gaming ecosystem on the Polygon network. In this expansive virtual realm, players can embody various personas, from mythical creatures to futuristic robots, and engage in thrilling multiplayer competitions known as NANO Games. Victory in these games not only provides entertainment but also rewards players with crypto, money, or in-game assets. The backstory of Meta Nano is rooted in a narrative where a brilliant computer scientist created an AI program to construct an ethical metaverse. This AI gave birth to the NANOverse, a world filled with NANOs, each with unique attributes and superpowers granted through power gems. However, the AI lost control of the NANOverse due to a cyber-attack and sought to dominate the internet to address global chaos. Some NANOs resisted her plan, becoming Daemons, while others, led by Sir Render 1st, united to challenge their creator’s dominance. The gameplay in Meta Nano revolves around NANO Games, where players deploy their NANOs to compete for rewards. The attributes and power gems of these avatars influence game outcomes, and players can enhance their gameplay with powerful equipment. The metaverse offers various opportunities, including ownership, training, earning, trading, breeding, and lending, creating a dynamic and engaging gaming ecosystem. Meta Nano operates within the Ethereum Network, using HEROcoin Tokens ($PLAY) following the ERC20 standard for seamless functionality. It combines elements of NFTs, blockchain, and gaming to create an immersive and rewarding experience within its 3D metaverse of NANOs.

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Best P2E Games list 2024

Neopets discontinues NFTs and Web3 Neopets Metaverse Game

P2E News, short for “Play-to-Earn News,” is a category of updates and information within the broader spectrum of Crypto News, Web3 News, NFT News, and Blockchain News. These terms are all interconnected and represent various facets of the rapidly evolving digital landscape.

Play-to-Earn (P2E) is a gaming model that has gained immense popularity within the crypto and blockchain communities. In P2E games, players can earn cryptocurrencies or NFTs by participating in the game, often through activities like completing quests, collecting items, or trading assets. P2E News covers developments, announcements, and trends related to these innovative gaming experiences that allow players to monetize their in-game efforts.

Crypto News, on the other hand, focuses on the broader world of cryptocurrencies, including Bitcoin, Ethereum, and a multitude of altcoins. This category encompasses news about market trends, regulatory changes, new blockchain technologies, and updates related to various tokens. Crypto News is a fundamental aspect of the blockchain ecosystem, as cryptocurrencies serve as the primary means of value transfer and exchange within the Web3 space.

Web3 News is an umbrella term that refers to the next-generation internet, often characterized by decentralized applications, blockchain technology, and smart contracts. The Web3 ecosystem seeks to provide a more user-centric and decentralized internet experience. This category of news covers developments in decentralized finance (DeFi), non-fungible tokens (NFTs), and various other applications built on blockchain technology. For the ultimate and best play to earn games list, check our friends of playtoearngames.com.

NFT News focuses on Non-Fungible Tokens, unique digital assets that are indivisible and represent ownership of a specific item, artwork, or collectible. NFTs have gained prominence in the art world, gaming industry, and entertainment sector. NFT News keeps enthusiasts informed about NFT sales, new projects, and partnerships within the NFT space.

Blockchain News pertains to the foundational technology behind cryptocurrencies and Web3 applications. Blockchains are decentralized ledgers that record transactions across a network of computers, ensuring transparency and security. Updates in this category might include innovations in blockchain consensus mechanisms, interoperability between different blockchain networks, and industry applications beyond cryptocurrencies.

In summary, P2E News is a niche subset of Crypto News, Web3 News, NFT News, and Blockchain News. It focuses on gaming experiences where players can earn cryptocurrencies or NFTs, while the other categories encompass a broader range of topics within the decentralized digital landscape, including cryptocurrencies, web3 technologies, NFTs, and blockchain advancements. Collectively, these categories shape the landscape of the digital economy, offering insights into how technology is revolutionizing various aspects of our lives.