Fountain Faerie
The Fountain Faerie is a Water Faerie who runs the Rainbow Fountain found in Faerieland.
The Fountain Faerie may give you a Quest through a Random Event, which requires you to fetch her a certain item, usually very valuable. As a reward for completing the Quest, the Fountain Faerie will allow you to change the Colour of your Neopet of your choice, (though with some exceptions), such as royal, baby and MSP. If you have not completed her quest, then the Rainbow Fountain will have no magic for you to change your Neopet.
Because of the rising cost of Paint Brushes the Fountain Faerie is often a lot cheaper than other options to change the colour of your pet. For this reason the quests are often anticipated by the players.
The Fountain faerie is often confused with the Water Faerie version of Faerie Quests, who reward you by raises the defense of one of your Neopets. You will NOT receive access to the Rainbow Fountain for completing a Water Faerie quest, but only from the Fountain Faerie.
Sometimes refered to as the Rainbow Faerie because of her affiliation with the Rainbow Fountain, but she is officially called the Fountain Faerie.