Close Menu
  • Coins
    • Bitcoin
    • Ethereum
    • Altcoins
    • NFT
  • Blockchain
  • DeFi
  • Metaverse
  • Regulation
  • Other
    • Exchanges
    • ICO
    • GameFi
    • Mining
    • Legal
  • MarketCap
What's Hot

NeoPod to host second AMA with community builder Aziz of NeoRedPill

23/06/2026

SpaceX Stock Surges 19% on Nasdaq Debut, Market Cap Tops $2 Trillion

23/06/2026

What’s Behind Shiba Inu Burn Rate Drop of 74%

23/06/2026
Facebook X (Twitter) Instagram
  • Back to NBTC homepage
  • Privacy Policy
  • Contact
X (Twitter) Telegram Facebook LinkedIn RSS
NBTC News
  • Coins
    1. Bitcoin
    2. Ethereum
    3. Altcoins
    4. NFT
    5. View All

    Why Bitcoin Traders Are Watching April Inflation Closely

    23/06/2026

    These forces could push Bitcoin higher this week even as US-Iran tensions continue to rattle markets

    23/06/2026

    Bitcoin Rally At Risk As Social Media Hype Explodes

    23/06/2026

    Somebody is flooding Bitcoin’s network with new IP addresses

    23/06/2026

    Ethereum Foundation loses another key leader as co-executive director Hsiao-Wei Wang resigns

    22/06/2026

    Ethereum derivatives activity weakens as traders await a fresh catalyst

    22/06/2026

    Sellers Remain in Control as ETH Recovery Hits a Wall

    22/06/2026

    Ethereum posts strong H1 2026 activity metrics to date, defying slower trading

    22/06/2026

    What’s Behind Shiba Inu Burn Rate Drop of 74%

    23/06/2026

    A Major Update Has Been Announced for a Binance-Listed Altcoin

    23/06/2026

    The Price of an Altcoin Backed by Billion-Dollar Companies, Including Coinbase, Has Dropped to Nearly Zero

    23/06/2026

    Goldfinch Africa lending dream ends in defaults and 99.8% token crash

    23/06/2026

    Why is Pudgy Penguins (PENGU) Trending? What You Need to Know

    22/06/2026

    Top 10 NFT Performers by Trading Volume, Courtyard Outshines

    22/06/2026

    Pudgy Penguins expands retail footprint with Target trading card rollout

    20/06/2026

    Collectible NFTs in focus during nations 250th anniversary

    12/06/2026

    NeoPod to host second AMA with community builder Aziz of NeoRedPill

    23/06/2026

    SpaceX Stock Surges 19% on Nasdaq Debut, Market Cap Tops $2 Trillion

    23/06/2026

    What’s Behind Shiba Inu Burn Rate Drop of 74%

    23/06/2026

    U.S. House bill would erect crypto-theft task force across law enforcement agencies

    23/06/2026
  • Blockchain

    NeoPod to host second AMA with community builder Aziz of NeoRedPill

    23/06/2026

    MoneyGram joins Solana as validator amid stablecoin payment push

    23/06/2026

    XRP Ledger Defies Market Outflows With $1.7B in RWA Inflows

    23/06/2026

    Micron Tech Tokenized Stock Goes Live on Solana via Sunrise

    23/06/2026

    How the Network Processed $309 Million in Stablecoins Last Month

    23/06/2026
  • DeFi

    Altura shuts stablecoin vault after $8.5m redemption rush

    23/06/2026

    Wall Street’s UBS uMINT yield-bearing collateral has reached Bybit – but there’s a catch

    23/06/2026

    JustLend DAO adds U stablecoin lending market on TRON

    23/06/2026

    First Block, Onpharma and Crito Capital Launch STO on Solana

    23/06/2026

    Re7 Labs Opens $223K USDC Compensation Pool for USR Exploit Victims

    23/06/2026
  • Metaverse

    The Sandbox launches AI game engine ‘The Sandbox Studio’ for next-generation creators

    10/06/2026

    Meta commits $13M in funding for Oversight Board through 2028

    29/05/2026

    Why Animoca’s Yat Siu says the future is 100 billion AI agents

    07/05/2026

    ‘8,000 Jobs’—Polymarket Sees Tech Layoff Surge As Meta AI Push Bites

    18/04/2026

    Planet Hares Partners With Magne.AI To Bridge Web3 Metaverse With Smartphone Mobile-Ready Applications For Mass Adoption

    08/04/2026
  • Regulation

    SpaceX Stock Surges 19% on Nasdaq Debut, Market Cap Tops $2 Trillion

    23/06/2026

    Kbank Eyes Joining Hana Financial’s Won Stablecoin Consortium Amid Telecom Rivalry

    23/06/2026

    Privacy Remains the Final Barrier for Institutional On-Chain Investment

    23/06/2026

    Securitize Introduces STAC Tokenized Fund on Solana via BNY

    23/06/2026

    Here’s why Nebius and CoreWeave stocks have lost momentum lately

    23/06/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Aster DEX Enables Perpetual Futures Trading Backed by Tokenized Stocks

    23/06/2026

    How risk software opens the door to Kalshi’s new crypto perps

    23/06/2026

    Major Japanese Exchange Reveals SOL Listing

    23/06/2026

    Robinhood opens AI-powered trading to all users, sending HOOD stock past $100

    23/06/2026

    ICO market slows sharply with only six completions in 2026

    30/04/2026

    South Korea Poised to Lift Ban on Domestic ICOs After 7 Years

    19/12/2025

    Why 2025’s Token Boom Looks Both Familiar and Dangerous

    31/10/2025

    ICO for bitcoin yield farming chain Corn screams we’re so back

    22/01/2025

    Nexus Acquires Homegrown App Marketplace One Store, Expanding into Global Web3 Game Hub

    21/06/2026

    GMATRIXS and Plum Protocol Partner to Blend GameFi with Meme Assets, Driving Multi-Chain Web3 User Experience

    16/06/2026

    Crypto game studio Uncharted to shutdown along with Fishing Frenzy

    15/06/2026

    Pudgy Penguins Halts Web3 Mobile Game Pudgy Party to Focus on Pudgy World

    14/06/2026

    bitcoin mining sensitivity at record highs

    23/06/2026

    Paraguay Convicts Two Bitcoin Miners to Jail Sentences for Large-Scale Energy Theft

    23/06/2026

    Thailand cracks down on crypto mining, uncovers $1.2M electricity theft

    22/06/2026

    Bitcoin mining network becoming more sensitive to price swings, JPMorgan says

    22/06/2026

    U.S. House bill would erect crypto-theft task force across law enforcement agencies

    23/06/2026

    Here’s What Leaked from the Meeting

    23/06/2026

    U.S. Charges Two Men for $389 Million Bitcoin and Crypto Money Laundering Scheme Tied to Dark Web

    23/06/2026

    Banks Say Stablecoin Rules Should Cover Secondary Markets

    23/06/2026

    NeoPod to host second AMA with community builder Aziz of NeoRedPill

    23/06/2026

    SpaceX Stock Surges 19% on Nasdaq Debut, Market Cap Tops $2 Trillion

    23/06/2026

    What’s Behind Shiba Inu Burn Rate Drop of 74%

    23/06/2026

    U.S. House bill would erect crypto-theft task force across law enforcement agencies

    23/06/2026
  • MarketCap
NBTC News
Home»Metaverse»3 projects that show the metaverse isn’t dead
Metaverse

3 projects that show the metaverse isn’t dead

NBTCBy NBTC11/06/2024No Comments4 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email


While the buzz surrounding the metaverse has definitely died down, some big brands are still rolling out exciting new virtual worlds.

Back in October 2021, Mark Zuckerberg made a huge announcement: Facebook was going to rebrand as Meta.

This was driven by his vision that the metaverse represented the tech giant’s future — virtual worlds where people would work and play.

But it’s been a turbulent journey for the social network, which also owns Instagram and WhatsApp. Billions upon billions of dollars have been poured into building its metaverse, with little to show for it. That aggressive investment continues. Reality Labs, the division of Meta responsible for bringing this technology to life, lost $3.8 billion in the first quarter of this year — and there’s been a much greater focus on artificial intelligence.

Countless other companies have also made big bets on the metaverse, with mixed success. Disney was especially bullish, with ex-CEO Bob Chapek declaring it to be “the next great storytelling frontier.” But last year, the entire department tasked with making this happen was abruptly shut down in a brutal round of layoffs.

The House of Mouse doesn’t appear to have given up on this dream entirely. Back in February, Disney invested $1.5 billion in Epic Games in a bid to create a “new persistent universe.” Tellingly, the word “metaverse” didn’t appear once in the press release.

You could argue that buzz surrounding virtual worlds has been overshadowed by the rise of AI. But reports of the metaverse’s death have been hugely exaggerated, and pretty big projects continue to be announced on a regular basis.

McMetaverse

Earlier this month, McDonald’s Singapore unveiled a brand-new virtual world called My Happy Place, found directly within the fast food giant’s app. Users have been promised a chance to win “exclusive prices and merchandise” — as well as a year of free meals. Some of the games on offer invite players to build a burger or design their dream restaurant.

There are also perks for the lucky owners of NFTs based on McDonald’s famous purple character Grimace, which was released last year. Why? Because they’ll be able to unlock special wearables available to no one else.

Source: IKEA

IKEA

Later in June, the Swedish home furniture retailer IKEA is also launching a virtual universe on Roblox which has been heralded as “the brand’s first foray into mainstream gaming.”

The Co-Worker Game will allow players to experience what it’s like to work at IKEA, and move across departments. Levels have been inspired by the real-life roles performed by staff — and include rearranging showrooms and serving up meatballs. In a surreal twist, a small number of gamers will also be paid £13.15 an hour for getting involved… equivalent to the living wage paid to workers in London.

Some of the questions on the application form are surreal to say the least, including how you would feel if you were turned into pixels — and what you would do if the store ran out of pixelated hot dogs in the bistro.

IKEA has said its goal is to “attract a new generation of co-workers” and show that there are ample opportunities for career progression within its business.

Source: Visit Wales

Wales in the metaverse

Skeptics dismissing virtual worlds as a fad have also been proven wrong by the government of Wales in the United Kingdom, which has become the first European country to establish a presence in the metaverse. Hosted on Spatial and created by the national tourism board, it’s hoped the platform will offer visitors a taster of the destinations and attractions available if they decide to come in real life.

Players can roam around a historic castle to look for a hidden map, take a cable car ride from one side of the metaverse to the other, and admire an amphitheater where authentic Welsh music is performed. Crucially, you don’t need a VR headset to get involved, as it’s also available on smartphones, tablets, and laptops. Tourism minister Hannah Blythyn said:

“The Wales metaverse has been created to reach new audiences — wherever they may be in the world — and inspire them to visit our awesome nation for real. By showcasing some of the best Wales has to offer visitors in this incredibly innovative way, we’re putting Wales in an online sphere where millions of people already meet every day.“

Hannah Blythyn

With each of these three projects announced in the past couple of months, it’s clear to see that there’s still a lot of enthusiasm for building in the metaverse. And as virtual reality headsets become cheaper and more efficient, there’s a decent chance that curious consumers will be more enthusiastic about taking the plunge.

You might also like: Open letter warns about AI

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
NBTC

NBTC is the editorial account for NBTC News, covering Bitcoin, Ethereum, DeFi, blockchain infrastructure, exchanges, mining, regulation and digital asset markets. The editorial team focuses on clear sourcing, timely updates and practical context for crypto readers.

Related Posts

The Sandbox launches AI game engine ‘The Sandbox Studio’ for next-generation creators

10/06/2026

Meta commits $13M in funding for Oversight Board through 2028

29/05/2026

Why Animoca’s Yat Siu says the future is 100 billion AI agents

07/05/2026

‘8,000 Jobs’—Polymarket Sees Tech Layoff Surge As Meta AI Push Bites

18/04/2026
Add A Comment

Comments are closed.

Top Posts
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Your source for the serious news. This website is crafted specifically to for crazy and hot cryptonews. Visit our main page for more tons of news.

We're social. Connect with us:

Facebook X (Twitter) LinkedIn RSS
Top Insights

NeoPod to host second AMA with community builder Aziz of NeoRedPill

23/06/2026

SpaceX Stock Surges 19% on Nasdaq Debut, Market Cap Tops $2 Trillion

23/06/2026

What’s Behind Shiba Inu Burn Rate Drop of 74%

23/06/2026
Get Informed

Subscribe to Updates

Get the latest news from NBTC regarding crypto, blockchains and web3 related topics.

Type above and press Enter to search. Press Esc to cancel.