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

Coinshares Debuts Regulated DeFi and RWA Yield Strategy With Railnet

20/03/2026

Can ETH Rebound While Trading Below Major SMAs?

20/03/2026

U.S. politician in super suspicious xAI stock trade

20/03/2026
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

    Price Breaks All-Time High Record Again – Here’s What We Know

    04/08/2025

    Bitcoin Switzerland? El Salvador to Host First Fully Native Bitcoin Capital Markets

    04/08/2025

    Bitcoin Breaks $119K, but XLM and HBAR Aren’t Impressed by Its Meager Percentage Gain

    04/08/2025

    High-Stakes Consolidation Could Define Q3 Trend

    04/08/2025

    Can ETH Rebound While Trading Below Major SMAs?

    20/03/2026

    Why Are Whales Buying Ethereum Right Now? $155M Left Exchanges in 48 Hours

    20/03/2026

    BlackRock debuts staked ether ETF as demand grows for yield in crypto funds

    19/03/2026

    Ethereum Supply Crunch Builds as Exchange Reserves Hit Historic Low

    19/03/2026

    The Sui Ecosystem’s Top 3 Altcoin Performers

    29/07/2025

    Floki Launches $69000 Guerrilla Marketing Challenge With FlokiUltras3

    28/07/2025

    Crypto Beast denies role in Altcoin (ALT) crash rug pull, blames snipers

    28/07/2025

    $1.6 Billion XRP Surge: Here’s What’s Unfolding

    28/07/2025

    OpenSea token delay highlights tough conditions for 2026 NFT airdrop cycle

    18/03/2026

    The Solana NFT Marketplace at a Crossroads

    15/03/2026

    Top NFT Sales of the Week, Flying Tulip Sale Tops

    15/03/2026

    Pudgy Penguins ($PENGU) Dominates the Top NFT Projects by Social Activity

    13/03/2026

    Coinshares Debuts Regulated DeFi and RWA Yield Strategy With Railnet

    20/03/2026

    Can ETH Rebound While Trading Below Major SMAs?

    20/03/2026

    U.S. politician in super suspicious xAI stock trade

    20/03/2026

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

    20/03/2026
  • Blockchain

    Bryan Pellegrino: Blockchain scalability is hindered by storage layer constraints, node computation inefficiencies drive up costs, and the shift towards centralization threatens decentralization

    19/03/2026

    Namik Muduroglu: Blockchain teams must engage in application development, MegaETH achieves 55,000 transactions per second, and the shift from infrastructure to user-centric ecosystems

    19/03/2026

    Lalitesh Katragadda: Crowdsourcing can transform global mapping and governance

    19/03/2026

    Bryan Pellegrino: Blockchain scalability is hindered by storage layers, LayerZero achieves 3 million updates per second, and the trade-off between centralization and decentralization

    19/03/2026

    Peter Steinberger: OpenClaw marks the shift to agentic AI, security risks of system-level access, and the need for AI in customer service

    19/03/2026
  • DeFi

    Coinshares Debuts Regulated DeFi and RWA Yield Strategy With Railnet

    20/03/2026

    Venus’ XVS token plunges 9% as exploit leaves protocol with bad debt

    20/03/2026

    Bitcoin’s biggest DeFi drawback under attack as OpNet unlocks smart contracts on mainnet

    19/03/2026

    Liquid Staking Gains Momentum as JPool Expands Validator Network with Meria

    19/03/2026

    Bhavin Vaid: Curation is vital for DeFi market efficiency, transparency issues breed distrust, and the integration of CeFi and DeFi is essential for future products

    19/03/2026
  • Metaverse

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

    20/03/2026

    Meta to shutter Horizon Worlds metaverse on VR in favor of mobile

    18/03/2026

    Meta expands AI agent push with Moltbook acquisition

    10/03/2026

    ‘The Sandbox’ Adds Web-Based Games in Season 7 Accessibility Push

    24/02/2026

    AMD jumps as Meta signs multiyear AI infrastructure partnership

    24/02/2026
  • Regulation

    U.S. politician in super suspicious xAI stock trade

    20/03/2026

    UAE-regulated Fuze expands into Jordan after central bank approval

    20/03/2026

    $650M Raise Signals Unwavering Institutional Confidence in Web3

    19/03/2026

    Italy’s Intesa Sanpaolo Bank Discloses $96M Bitcoin ETF Holdings

    19/03/2026

    S&P 500 in focus ahead of Walmart, Carvana, eBay earnings

    19/03/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Ripple targets April for Australian financial license via acquisition

    20/03/2026

    Circle Launches Nanopayments on Testnet

    19/03/2026

    Strategic Expansion Brings Internet Computer to South Korea’s Premier Exchange

    19/03/2026

    DOJ investigates Binance transactions suspected of funding Iran proxies

    19/03/2026

    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

    Dan Houser: “Goodfellas” revolutionized cinema and storytelling

    19/03/2026

    Pudgy Penguins Launched A New Game. Crypto Scammers Made A Fake Version

    18/03/2026

    PlaysOut and Ads3 Ally to Enhance User Acquisition in Web3 Games

    18/03/2026

    6 Best Crypto Games For Android in 2026

    12/03/2026

    AI Data Centers Outpay Bitcoin Mining, Triggering Major Industry Shift

    20/03/2026

    Russia’s push for AI expansion threatens to undermine crypto mining

    19/03/2026

    Bitcoin Miners Catch a Break While Revenues Stay Ugly

    19/03/2026

    Hive Digital launches its first GPU cluster on renewable energy in Paraguay

    19/03/2026

    Peter Van Valkenburgh: Crypto’s regulatory landscape mirrors unregulated sports betting, the Blockchain Regulatory Certainty Act clarifies crypto jurisdiction, and why decentralized systems are essential for AI development

    19/03/2026

    Chris Giancarlo: Legislative clarity is vital for crypto’s future

    19/03/2026

    Chris Giancarlo: Political processes are reshaping crypto regulation, traditional finance needs clarity urgently, and prediction markets will transform decision-making

    19/03/2026

    Rupert Lowe: The British state is seen as the enemy of the electorate, government spending is wasteful and mismanaged, and both major parties face existential crises

    19/03/2026

    Coinshares Debuts Regulated DeFi and RWA Yield Strategy With Railnet

    20/03/2026

    Can ETH Rebound While Trading Below Major SMAs?

    20/03/2026

    U.S. politician in super suspicious xAI stock trade

    20/03/2026

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

    20/03/2026
  • 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

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

20/03/2026

Meta to shutter Horizon Worlds metaverse on VR in favor of mobile

18/03/2026

Meta expands AI agent push with Moltbook acquisition

10/03/2026

‘The Sandbox’ Adds Web-Based Games in Season 7 Accessibility Push

24/02/2026
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

Coinshares Debuts Regulated DeFi and RWA Yield Strategy With Railnet

20/03/2026

Can ETH Rebound While Trading Below Major SMAs?

20/03/2026

U.S. politician in super suspicious xAI stock trade

20/03/2026
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.