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

Karen Hao: Profit motives drive AI development, current technologies harm society, and labor exploitation is rampant in the industry

26/04/2026

$22.7 Trillion Fiat Expansion Is Massive Bitcoin Ad

26/04/2026

DeFi heavyweights press SEC for formal broker rules after ‘non-custodial UI’ guidance

26/04/2026
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

    $22.7 Trillion Fiat Expansion Is Massive Bitcoin Ad

    26/04/2026

    Why Bitcoin briefly jumped above $70,000 on Iran deal hopes as Trump’s Hormuz threat keeps rally fragile

    26/04/2026

    What Happens If One Company Gets There? Metaplanet’s Strategy Explained

    26/04/2026

    Bitcoin Eyes $80,000 Milestone as Geopolitical Tensions in the Strait of Hormuz Reach a Boiling Point

    26/04/2026

    Ethereum Foundation Has Announced It Sold ETH Again—This Time, They Sold Twice as Much as in the Last Sale

    26/04/2026

    Ethereum’s 4 consecutive weeks of price rallies fuel bullish bets of $3200

    26/04/2026

    Ethereum Foundation Sells 10k Ether To Bitmine; Will ETH Price Drop?

    26/04/2026

    Ethereum draft EIP-8182 aims to make private transfers a native feature

    26/04/2026

    2 Days Till Key Event for XRP in Japan

    26/04/2026

    Shibarium Transactions See 1,889% Drop Amid Reset

    26/04/2026

    A Large Number of Token Unlocks Are Scheduled for 16 Altcoins This Week—Here’s the Day-by-Day, Hour-by-Hour List

    26/04/2026

    A List of the Most-Searched Altcoins in Recent Hours Has Been Released

    26/04/2026

    Cardano NFT Marketplace Announces Permanent Closure, Shocking ADA Community

    24/04/2026

    Bored Ape Yacht Club turns five today and nobody seems to care

    23/04/2026

    WWE Partners with Blockchain Creative Labs for Official NFT Marketplace – Epic Digital Collectibles Ahead

    20/04/2026

    Top 10 NFT Performers by Weekly Sales Volume, Courtyard Outshines

    19/04/2026

    Karen Hao: Profit motives drive AI development, current technologies harm society, and labor exploitation is rampant in the industry

    26/04/2026

    $22.7 Trillion Fiat Expansion Is Massive Bitcoin Ad

    26/04/2026

    DeFi heavyweights press SEC for formal broker rules after ‘non-custodial UI’ guidance

    26/04/2026

    Ethereum Foundation Has Announced It Sold ETH Again—This Time, They Sold Twice as Much as in the Last Sale

    26/04/2026
  • Blockchain

    Karen Hao: Profit motives drive AI development, current technologies harm society, and labor exploitation is rampant in the industry

    26/04/2026

    Christian Catalini: AI will transform job markets, coding professions face uneven automation, and human expertise remains critical in decision-making

    26/04/2026

    B.AI and Pundi X Unveil Autonomous AI Data Framework

    25/04/2026

    Complete Guide to Etherscan and Its Usage

    25/04/2026

    What Is OpenGradient?

    25/04/2026
  • DeFi

    DeFi heavyweights press SEC for formal broker rules after ‘non-custodial UI’ guidance

    26/04/2026

    DeFi losses are now 8,500% higher than TradFi breaches per dollar moved

    26/04/2026

    ‘Precautionary’- Wrapped Bitcoin (wBTC) tightens security after KelpDAO $293M exploit

    26/04/2026

    Native Zcash Swaps Roll Out in Strategic Phases

    26/04/2026

    Jupiter adds more JUP to Litterbox Trust, total now at $19.5M in bold treasury move

    26/04/2026
  • 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

    Michael Intrator: GPU technology’s adaptability beyond crypto, the monetization of AI through inference, and why GPU lifespan misconceptions are misleading

    26/04/2026

    Paul Gillingham: Mexico’s hands-off governance fosters stability, Yucatan’s tourism-driven safety, and Oaxaca’s unique political autonomy

    26/04/2026

    Joey Gilkey: Acquiring intellectual property boosts company valuation, the truth about proprietary data in the industry, and scaling tech services without sacrificing quality

    26/04/2026

    Eric Wallerstein: Geopolitical shifts prioritize natural resources, the US holds significant geoeconomic leverage, and tariffs require a broader context

    26/04/2026

    Coinbase, Fannie Mae bring crypto-backed mortgages to homebuyers

    26/04/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Infinite Launches Fiat and Stablecoin Bank Accounts Powered by Erebor Bank for US Businesses

    25/04/2026

    Gensyn Network Debuts Delphi, a Permissionless AI Prediction Market Platform, on Mainnet

    25/04/2026

    Moneygram and Stellar Expand USDC Push Amid Stablecoin Growth

    25/04/2026

    Cardano Rolls Out Physical Visa Debit Card with Up to 8% Cryptoback Rewards

    25/04/2026

    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

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

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

    25/04/2026

    GameFi is effectively dead as 93% of projects collapse

    23/04/2026

    More than 90% of Web3 games failed after $15 billion boom as gamers never showed up: Caladan

    23/04/2026

    UXLINK Taps ANOME Protocol to Redefine Web3 Gaming, SocialFi, and NFTFi

    23/04/2026

    Olenox Announces Merge With CS Digital to Develop Low Cost, Off-Grid Bitcoin Mining Opportunities

    26/04/2026

    Bitdeer Sells All 185.7 BTC Mined This Week, Extending Zero-Holding Strategy

    25/04/2026

    Brazil and Venezuela Show Potential to Grow Latam’s Bitcoin Mining Share

    25/04/2026

    Largest Bank in Brazil Moves to Invest in Bitcoin Mining

    24/04/2026

    UK invites crypto giant Bybit to London to win over some of UAE’s innovation shine

    26/04/2026

    Prediction Market Lobbying Spend Rises Over 60% as Regulatory Pressure Builds in Washington

    26/04/2026

    New York Attorney General Sues Coinbase, Gemini Over Unlicensed Prediction Markets

    26/04/2026

    “We Were Wrong About Cryptocurrencies”

    26/04/2026

    Karen Hao: Profit motives drive AI development, current technologies harm society, and labor exploitation is rampant in the industry

    26/04/2026

    $22.7 Trillion Fiat Expansion Is Massive Bitcoin Ad

    26/04/2026

    DeFi heavyweights press SEC for formal broker rules after ‘non-custodial UI’ guidance

    26/04/2026

    Ethereum Foundation Has Announced It Sold ETH Again—This Time, They Sold Twice as Much as in the Last Sale

    26/04/2026
  • 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

Karen Hao: Profit motives drive AI development, current technologies harm society, and labor exploitation is rampant in the industry

26/04/2026

$22.7 Trillion Fiat Expansion Is Massive Bitcoin Ad

26/04/2026

DeFi heavyweights press SEC for formal broker rules after ‘non-custodial UI’ guidance

26/04/2026
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.