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

Former Fidelity Executive Says South Korean Index’s 10% Crash Pulled BTC Below $60,000

28/06/2026

Inside the Industry Pushback That Forced Bank of England to Rewrite Stablecoin Playbook

28/06/2026

SPCX Perpetual Liquidations Top $76 Million as SpaceX-Linked Derivative Slides

28/06/2026
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

    Former Fidelity Executive Says South Korean Index’s 10% Crash Pulled BTC Below $60,000

    28/06/2026

    Bitcoin Slides Toward $58,000 As ETF Outflows And Options Expiry Add Pressure

    28/06/2026

    Brace for Bitcoin’s last ‘scary dump’ – Before BTC’s Q4 2026 bull run begins

    28/06/2026

    Bitcoin demand has stayed negative for months—Here’s what it means for BTC

    28/06/2026

    Joe Lubin Puts Ethereum’s Long‑Term Role in Focus and Calls It Systemically Important

    28/06/2026

    ETH Drops as Ethereum Foundation Cuts 20% of Staff

    28/06/2026

    $170M Ether longs liquidated as crypto market tumbles: Is ETH doomed?

    28/06/2026

    Ethereum Users Jump 86% as Tokenized Assets Reach $203 Billion

    28/06/2026

    Sonic Scraps Planned $950K S Token Issuance for This Year, Citing Inflation Concerns

    28/06/2026

    Hoskinson Says “Cardano Was Not Hacked”

    28/06/2026

    Grayscale Says Top 15 Revenue-Generating Crypto Protocols Look Undervalued

    28/06/2026

    Ripple USD Flippening Officially Happens at $801 Million Supply

    28/06/2026

    Element NFT Marketplace Expands Reach to Ink to Enhance NFT Accessibility

    27/06/2026

    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

    Former Fidelity Executive Says South Korean Index’s 10% Crash Pulled BTC Below $60,000

    28/06/2026

    Inside the Industry Pushback That Forced Bank of England to Rewrite Stablecoin Playbook

    28/06/2026

    SPCX Perpetual Liquidations Top $76 Million as SpaceX-Linked Derivative Slides

    28/06/2026

    Russia’s central bank will pay banks to process salaries in digital rubles, accelerating the CBDC race

    28/06/2026
  • Blockchain

    Continental Partners With Securitize for Digital Securities

    27/06/2026

    Funton.ai Partners with Echobit Exchange, Expanding Blockchain Gaming Experience with Crypto Applications

    27/06/2026

    B.AI Taps imToken for Seamless TRON Top-Ups and Usage of AI Models for Web3 Users

    27/06/2026

    CertiK joins XDC Network as institutional masternode validator

    27/06/2026

    What is a modular blockchain? Rollups, data availability, and the new stack

    27/06/2026
  • DeFi

    SkyEcosystem Highlights $14.5B in Protocol Collateral — Here’s Why It Matters

    28/06/2026

    AAVE price jumps as founder rejects 70% discount token-sale claim

    28/06/2026

    Aave Plans Tokenized Stock Lending Service on Upcoming V4 Protocol

    28/06/2026

    Jupiter Adds Support for Memory ETF ‘DRAM,’ Bridging DeFi and Semiconductor Markets

    28/06/2026

    Tokenization’s Next Phase Is Lending, Says RedStone Co-Founder

    28/06/2026
  • 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

    Russia’s central bank will pay banks to process salaries in digital rubles, accelerating the CBDC race

    28/06/2026

    Here’s why the $1B tokenized stock breakthrough isn’t just a SpaceX story

    28/06/2026

    Over Half of UK Asset Managers Unaware of Majority of Client Crypto Holdings, CoinShares Survey Finds

    28/06/2026

    Why software stocks like INTU, ADBE, TTD, WDAY, CRM are trailing the S&P 500

    28/06/2026

    Strategy has a 10-month cash runway for dividends, but retail investors are losing faith

    28/06/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    SPCX Perpetual Liquidations Top $76 Million as SpaceX-Linked Derivative Slides

    28/06/2026

    12 Altcoins Flash Accumulation Signals as 6 Others See Exchange Inflows

    28/06/2026

    CZ called Hyperliquid’s no KYC model “awesome” – Then mentioned lawyers

    28/06/2026

    Yellow Card Secures Swiss AML Affiliation to Expand Global Stablecoin Services

    28/06/2026

    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

    Fidelity rebuts claims Bitcoin becomes less secure after halvings

    28/06/2026

    ChangXin Memory Technologies secures IPO approval to raise over $4B in China’s biggest chip listing

    28/06/2026

    Russia Plans Wider Crypto Mining Ban Across Key Regions From July

    28/06/2026

    Bitdeer Sells Entire Weekly Bitcoin Production, Now Holds Zero BTC

    28/06/2026

    Inside the Industry Pushback That Forced Bank of England to Rewrite Stablecoin Playbook

    28/06/2026

    China targets virtual currency laundering in expanded anti money laundering push

    28/06/2026

    ‘Next Wave of Institutional Adoption Here’

    28/06/2026

    How the CLARITY Act would reshape crypto rules beyond America

    28/06/2026

    Former Fidelity Executive Says South Korean Index’s 10% Crash Pulled BTC Below $60,000

    28/06/2026

    Inside the Industry Pushback That Forced Bank of England to Rewrite Stablecoin Playbook

    28/06/2026

    SPCX Perpetual Liquidations Top $76 Million as SpaceX-Linked Derivative Slides

    28/06/2026

    Russia’s central bank will pay banks to process salaries in digital rubles, accelerating the CBDC race

    28/06/2026
  • 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

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

Former Fidelity Executive Says South Korean Index’s 10% Crash Pulled BTC Below $60,000

28/06/2026

Inside the Industry Pushback That Forced Bank of England to Rewrite Stablecoin Playbook

28/06/2026

SPCX Perpetual Liquidations Top $76 Million as SpaceX-Linked Derivative Slides

28/06/2026
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.