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

MoonPay buys Glide to bolster crypto deposits infrastructure

17/07/2026

Bitcoin Rebounds Above $63,500 After Strategy’s $216M Sale Triggers $214M in Short Liquidations

17/07/2026

Machine algorithm sets Ethereum (ETH) price for August 1, 2026

17/07/2026
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

    Bitcoin Rebounds Above $63,500 After Strategy’s $216M Sale Triggers $214M in Short Liquidations

    17/07/2026

    Bitcoin ETFs Post First Negative Half With $5.4 Billion in Outflows, DWF Labs Says

    17/07/2026

    BlackRock’s 2% Bitcoin cap has a hidden impact – advisors may have to sell during rallies

    17/07/2026

    Strategy dumps 3,500 BTC in largest sale… yet

    17/07/2026

    Machine algorithm sets Ethereum (ETH) price for August 1, 2026

    17/07/2026

    Which is a Better Alternative to Bitcoin? Morgan Stanley Prefers This Altcoin to Ethereum!

    17/07/2026

    Can ETH/BTC Breakout Confirm a Wider Altcoin Rally?

    17/07/2026

    Can Bulls Confirm a Trend Shift Above Wedge Resistance?

    17/07/2026

    Solana’s Ecosystem Thrives with 1,200 TPS — What This Means for Users

    17/07/2026

    Brantly Millegan leaves ENS and winds down ethid.org amid governance upheaval

    17/07/2026

    Australian Lawmaker, White House Official Report XRP Holdings in Financial Filings

    17/07/2026

    Morpho Association Raises $175M Led by Paradigm and a16z to Build Open Credit Network

    17/07/2026

    Claynosaurz Launched a Miniseries on Amazon Prime Video

    16/07/2026

    Jeffrey Huang Sells BAYC NFT at Loss to Boost Ethereum Long Position

    14/07/2026

    Bitcoin’s BIP-110 sparked a fight over who gets to decide the future of Bitcoin

    14/07/2026

    Welcomed by Robinhood Chain — And Why It’s Not Just Hype

    11/07/2026

    MoonPay buys Glide to bolster crypto deposits infrastructure

    17/07/2026

    Bitcoin Rebounds Above $63,500 After Strategy’s $216M Sale Triggers $214M in Short Liquidations

    17/07/2026

    Machine algorithm sets Ethereum (ETH) price for August 1, 2026

    17/07/2026

    Solana’s Ecosystem Thrives with 1,200 TPS — What This Means for Users

    17/07/2026
  • Blockchain

    Progmat moves ¥452B in tokenized securities to Avalanche

    17/07/2026

    Uniswap hits $5.2M in daily fees as Robinhood Chain drives the surge

    17/07/2026

    XDC Tech Integrates Bridge, a Stripe Company, to Bring Stablecoin Settlement to Agentic AI Commerce

    17/07/2026

    Ripple backs UK tokenization plan targeting £33B annual boost

    17/07/2026

    Robinhood Chain surges into top five by DEX volume: Bernstein

    17/07/2026
  • DeFi

    Zama’s confidential USDC vault climbs to No. 8 on Morpho

    17/07/2026

    1inch co-founder has announced his exit from the project

    17/07/2026

    DeltaDeFi Announces Operational Pause Due to Insufficient Funding

    17/07/2026

    What Are Dark Pools? A Simple Guide

    16/07/2026

    Galaxy targets institutional stablecoin yield with new DeFi vaults

    16/07/2026
  • Metaverse

    Is Solana Gaming Back? Kintara Activity Fuels Renewed Optimism in Onchain MMOs

    24/06/2026

    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
  • Regulation

    Meta shares jump 10% on plans to sell AI computing power

    17/07/2026

    Crypto Markets Eye Rate Cut Implications

    17/07/2026

    Coinbase CEO Says America Needs Hard-Backed Currency as US Debt Nears Breaking Point

    17/07/2026

    FBI Director Kash Patel caught sleeping on required disclosure of six-figure MSTR investment: Report

    17/07/2026

    Securitize Lists on NYSE Under ‘SECZ’ Following SPAC Merger

    16/07/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    MoonPay buys Glide to bolster crypto deposits infrastructure

    17/07/2026

    Sanctioned Crypto Exchange Winds Down, Leaves Users Holding IOU Tokens

    17/07/2026

    Visa rolls out stablecoin platform, targeting 15,000 banks and fintechs: Report

    17/07/2026

    Polygon Labs trims workforce to support Coinme integration

    17/07/2026

    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

    Top 11 NFT games to play in July 2026

    16/07/2026

    Yield Guild Games Sunsets YGG Play Publishing Unit, Cuts 35 Jobs

    06/07/2026

    GO1 and Xiaohai Set up Potential Rematch at EWC 2026 Fatal Fury Bracket in Paris

    06/07/2026

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

    21/06/2026

    Keel Infrastructure to Consolidate Three Bitcoin Sites Into One AI Campus

    16/07/2026

    Bitcoin miner reserves increase 1% despite operational pressure – Why?

    16/07/2026

    Bitcoin miner AI pivot hits roadblock with New York 50 MW permit freeze

    16/07/2026

    Bitcoin miner CleanSpark signed a $6.6B AI lease before securing the $2.1B required to build it

    16/07/2026

    Key Issues and Witnesses to Watch

    17/07/2026

    Here’s What Comes Next in the Senate

    17/07/2026

    The Clarity Act is the most important consumer protection effort in years

    17/07/2026

    Ukraine cracks down on Russia’s crypto flows in step with new EU sanctions

    17/07/2026

    MoonPay buys Glide to bolster crypto deposits infrastructure

    17/07/2026

    Bitcoin Rebounds Above $63,500 After Strategy’s $216M Sale Triggers $214M in Short Liquidations

    17/07/2026

    Machine algorithm sets Ethereum (ETH) price for August 1, 2026

    17/07/2026

    Solana’s Ecosystem Thrives with 1,200 TPS — What This Means for Users

    17/07/2026
  • 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

Is Solana Gaming Back? Kintara Activity Fuels Renewed Optimism in Onchain MMOs

24/06/2026

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
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

MoonPay buys Glide to bolster crypto deposits infrastructure

17/07/2026

Bitcoin Rebounds Above $63,500 After Strategy’s $216M Sale Triggers $214M in Short Liquidations

17/07/2026

Machine algorithm sets Ethereum (ETH) price for August 1, 2026

17/07/2026
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.