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

Stripe and Advent offer $53B to acquire PayPal in payments mega-deal

05/08/2026

Canary HBAR ETF holds $47.8M after Nasdaq launch

05/08/2026

Kalshi loses emergency injunction bid in federal court

05/08/2026
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 DeFi Pivots to Institutions as Liquidity Shrinks, Rootstock Exec Says

    05/08/2026

    Musk Now Bigger Than Bitcoin

    05/08/2026

    Stack’s Bowers Auctions Funded 0.5 Bitcoin Casascius Token From America’s 237th Birthday

    05/08/2026

    Targeting 22-32% Returns by Blending Cash-Flowing Properties and BTC Holdings

    05/08/2026

    Ethereum’s Network Is Booming, So Why Is ETH Still Underperforming?

    04/08/2026

    BitMEX Founder Arthur Hayes Made a Large Purchase of This Altcoin! Here Are the Details

    04/08/2026

    Abraxas Capital Moves $61.2M USDT to Bitfinex, Supplies 40,000 ETH to Spark

    04/08/2026

    Can ETH Break $2,000 as ETH/BTC Ratio Forms a Cup and Handle?

    04/08/2026

    Canary HBAR ETF holds $47.8M after Nasdaq launch

    05/08/2026

    Down to its last $4,000 in cash, a crypto firm holding millions in Solana is seeking a loan to survive $1.5M debt

    05/08/2026

    Biggest XRP Treasury Reveals 50% Top-Manager Bonuses Ahead of Nasdaq Listing

    05/08/2026

    Sui Announces SUI Buyback Program Using Stablecoin Management Returns

    05/08/2026

    What Happens to Your Attendance NFTs?

    04/08/2026

    StonkBrokers NFT on Robinhood hits $12.6K in 2 weeks: Can momentum hold?

    04/08/2026

    Top NFT Sales of the Week, Ethereum Dominates with $52.2M Sale

    02/08/2026

    Are NFTs Dead in 2026? What Happened to the Market

    29/07/2026

    Stripe and Advent offer $53B to acquire PayPal in payments mega-deal

    05/08/2026

    Canary HBAR ETF holds $47.8M after Nasdaq launch

    05/08/2026

    Kalshi loses emergency injunction bid in federal court

    05/08/2026

    Crypto is rewriting how Wall Street traders spend their weekends

    05/08/2026
  • Blockchain

    What is a zero-knowledge proof? Privacy and scaling explained

    03/08/2026

    Why 110 corporate blockchains are headed for a massive shakeout – and Coinbase’s secret plan to absorb them

    03/08/2026

    UBS and Euroclear Collaborate with Chainlink to Tackle $58B Issue

    03/08/2026

    Astarter Joins BitBall to Accelerate AI-Driven Sports Intelligence on BNB Chain

    03/08/2026

    Astarter and MelosBoom Accelerate AI and Web3 Innovation for Creators

    03/08/2026
  • DeFi

    1inch Aqua liquidity hands full custody control to DeFi traders on 13 chains

    04/08/2026

    DeFi Curated Vault Market Grows to $7.18B Despite Lending TVL Decline

    04/08/2026

    DeFi Platform Drops Consumer App, Pivots to Big Tech OTC Lending After 75% Revenue Crash

    04/08/2026

    What are intents and solvers? The invisible layer executing your DeFi trades

    04/08/2026

    ValueQube Taps X-Agent to Build AI-Readable DeFi Asset Infrastructure

    04/08/2026
  • 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

    Stripe and Advent offer $53B to acquire PayPal in payments mega-deal

    05/08/2026

    T Rowe Price’s $TKNZ ETF Launch Signals Institutional Interest in Crypto

    05/08/2026

    a16z Says Stablecoin Demand Is Accelerating — And Why It’s Not Just Hype

    05/08/2026

    BlackRock’s crypto assets fall 39% despite $15 billion of net inflows

    05/08/2026

    Hong Kong greenlights first fully native tokenized fund

    05/08/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Crypto is rewriting how Wall Street traders spend their weekends

    05/08/2026

    Stripe stablecoin card program lead Connor Fitzgerald steps down

    05/08/2026

    Hyperliquid traders run CXMT trading to peak volume levels on IPO day

    05/08/2026

    Bitnomial to Launch TRX Futures Trading for U.S. Investors Following Kraken Acquisition

    05/08/2026

    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

    How BC.GAME is turning players into stakeholders

    04/08/2026

    YGG Play Shuts Down Services as Yield Guild Pivots to AI Data

    01/08/2026

    why gameplay now beats crypto rewards

    29/07/2026

    From NFT gaming to mining simulators

    29/07/2026

    MARA Opens Slipstream to the Public as Coldcard Victims Race to Escape

    05/08/2026

    It Could Significantly Change BTC

    05/08/2026

    Facing a severe cash crunch, Bitcoin miner Sphere 3D quietly prepares to dilute its shareholders by a staggering 50%

    04/08/2026

    Texas Bitcoin Miners with Secured Power Capacity Could See Valuation Gains

    04/08/2026

    Kalshi loses emergency injunction bid in federal court

    05/08/2026

    Why Brazil’s Booming Crypto Market Needs Urgent Oversight

    05/08/2026

    Kenya Cuts Stablecoin Capital Rule 40% to $2.32M as Global Issuers Weigh Entry

    05/08/2026

    South Korea police raid former mayor’s home in crypto disclosure investigation

    05/08/2026

    Stripe and Advent offer $53B to acquire PayPal in payments mega-deal

    05/08/2026

    Canary HBAR ETF holds $47.8M after Nasdaq launch

    05/08/2026

    Kalshi loses emergency injunction bid in federal court

    05/08/2026

    Crypto is rewriting how Wall Street traders spend their weekends

    05/08/2026
  • 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

Stripe and Advent offer $53B to acquire PayPal in payments mega-deal

05/08/2026

Canary HBAR ETF holds $47.8M after Nasdaq launch

05/08/2026

Kalshi loses emergency injunction bid in federal court

05/08/2026
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.