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"Generation Three" aka the third generation in the My Little Pony franchise is set in the fictional town of Ponyville, which is centered on Celebration Castle. Only Earth Ponies were released from 2003 to 2005, but in 2005 and 2006 Pegasus Ponies who lived on Butterfly Island and Unicorn Ponies who lived in the kingdom of Uniconria were respectively introduced.

This was also the most hated generation in the My Little Pony franchise.