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Hello Pets Launched a $6 Million Metaverse Fund and Purchased 10 BAYC NFTs

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.

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