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

Whale Walls Keep BTC Boxed In

01/05/2026

ETH falters at resistance following strong retail selling

01/05/2026

Crypto millionaire’s Nevis project offers residents $100 a month: FT

01/05/2026
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

    Whale Walls Keep BTC Boxed In

    01/05/2026

    Over $1 Billion Inflows into BTC ETFs During a Period of Extreme Fear!

    01/05/2026

    Ex-UK Chancellor backs bitcoin as alternative to failing systems

    01/05/2026

    Bitcoin tends to outperform gold and stocks after global shocks, Mercado Bitcoin finds

    01/05/2026

    ETH falters at resistance following strong retail selling

    01/05/2026

    10K ETH Transfer Yields Stunning 7,381x Profit

    01/05/2026

    WLFI Wallet Deposits $37.6M in ETH to Coinbase Prime: A Major Crypto Move

    01/05/2026

    BIT-Linked Address Nets $2M Profit Overnight From Massive ETH Long Position

    30/04/2026

    XRP Can Coordinate Quantum-Resistant Upgrade, Bitcoin May Struggle: Expert

    01/05/2026

    XRP Proves More Adaptable as Bitcoin Faces “Social Test” Over Quantum Upgrade, Says XRPL Validator

    01/05/2026

    Uniswap Foundation held $85.8M at year-end, committed $26M in grants during 2025

    01/05/2026

    Uniswap Foundation Says Funds Last Until January 2027

    30/04/2026

    The only rally during Bitcoin 2026 was Ethereum NFTs

    30/04/2026

    Are NFTs signaling a market shift? THESE indicators say yes

    28/04/2026

    Bored Ape NFT prices jump 81 percent as sales drop

    28/04/2026

    NFTs Attempt Another Comeback as Blue Chips Surge

    28/04/2026

    Whale Walls Keep BTC Boxed In

    01/05/2026

    ETH falters at resistance following strong retail selling

    01/05/2026

    Crypto millionaire’s Nevis project offers residents $100 a month: FT

    01/05/2026

    XRP Can Coordinate Quantum-Resistant Upgrade, Bitcoin May Struggle: Expert

    01/05/2026
  • Blockchain

    Binance pushes the ecosystem, but speculation is growing

    30/04/2026

    Why moving IP on-chain is right for the entertainment industry

    30/04/2026

    Anodos CEO Makes the Case for XRP Ledger as a Consumer Finance Layer

    30/04/2026

    Quack AI and mantle Partner for Gasless Stablecoin Settlement

    30/04/2026

    Ethereum L2s Overtake Mainnet as Value Capture Debate Deepens

    30/04/2026
  • DeFi

    Lista DAO Partners with Gauntlet to Empower Lending Vault Risk Management

    30/04/2026

    Kraken Pulls In $200 Million With App-Based DeFi Yield Bet

    30/04/2026

    Spark reported strong Q1 growth and gained momentum after Aave’s recent exploit crisis

    30/04/2026

    Sky Protocol moves to restructure treasury post-Genesis Capital close

    30/04/2026

    A crypto coalition releases technical proposal to save Aave users from a massive token exploit

    30/04/2026
  • Metaverse

    ‘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

    Mark Zuckerberg’s Meta launches new AI initiative after metaverse retreat

    25/03/2026

    Meta partners with Arm to develop new CPUs for AI deployments

    24/03/2026

    Land values capitulate as $24M metaverse plot collapses to just $9,000

    20/03/2026
  • Regulation

    Crypto millionaire’s Nevis project offers residents $100 a month: FT

    01/05/2026

    Bitcoin holds steady as inflation stays sticky and growth slows

    01/05/2026

    US equities grind higher as retail steps back and crypto leans on macro flows

    01/05/2026

    Circle overtakes BlackRock in tokenized Treasuries as market hits record $11 billion

    30/04/2026

    Elon Musk removes more xAI founders during restructuring ahead of potential IPO

    30/04/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Binance Cuts XRP Pair with Mexican Peso as Ripple Partner Bitso Dominates the Region by 77,879%

    29/04/2026

    Wirex x Cardano Physical Card Debuts, Enabling Seamless In Store ADA Transactions

    29/04/2026

    Bitget exchange brings pre-IPO tokens to masses starting with SpaceX on Solana

    29/04/2026

    Anonymous Whale Deposits $150M in cbBTC to Coinbase, Signaling Major Market Confidence

    29/04/2026

    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

    UXLINK and FishWar Partner to Redefine AI-Powered Social Gaming on Sei Network

    30/04/2026

    B3.Fun Partners With Neobank Veera To Supercharge Web3 Gaming Engagement With RWA-DeFi Applications

    30/04/2026

    B.AI and CROSS Transform the Future of AI in Web3 Gaming

    28/04/2026

    Tomoland Partners With Anome Protocol To Advance Web3 Gaming Engagement With DeFi Applications

    25/04/2026

    Why Bitcoin miners are moving toward AI (and what it really means)

    30/04/2026

    MARA Holdings to buy Long Ridge Energy in $1.5 billion AI data center push

    30/04/2026

    Hyperscale Data Q1 Revenue Surges 76% YoY to $44M, Boosts BTC Holdings Strategy

    30/04/2026

    Big Tech’s multi-billion dollar AI bets are still on track as Mag 7 giants report earnings

    30/04/2026

    Donald Trump to Speak at Florida Crypto Event on Clarity Act

    30/04/2026

    Trump Says World Becoming a ‘Casino’ as Soldier Charged Over Polymarket Maduro Bets

    30/04/2026

    Why Crypto’s Most Important Bill Is Stalling at 50/50 Odds Despite Presidential Backing

    30/04/2026

    New Cryptocurrency Bans Are Coming! Here Are the Details…

    30/04/2026

    Whale Walls Keep BTC Boxed In

    01/05/2026

    ETH falters at resistance following strong retail selling

    01/05/2026

    Crypto millionaire’s Nevis project offers residents $100 a month: FT

    01/05/2026

    XRP Can Coordinate Quantum-Resistant Upgrade, Bitcoin May Struggle: Expert

    01/05/2026
  • 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

Related Posts

‘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

Mark Zuckerberg’s Meta launches new AI initiative after metaverse retreat

25/03/2026

Meta partners with Arm to develop new CPUs for AI deployments

24/03/2026
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

Whale Walls Keep BTC Boxed In

01/05/2026

ETH falters at resistance following strong retail selling

01/05/2026

Crypto millionaire’s Nevis project offers residents $100 a month: FT

01/05/2026
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.