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

Bitmine, Sharplink and Joe Lubin launch Ethereum research nonprofit

23/06/2026

Institutions Want Interoperable Deposit Tokens and Money Market Funds, Not a Single Stablecoin Winner

23/06/2026

SOL slides to 2023 lows – But Solana is quietly winning the tokenized asset race

23/06/2026
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

    Bitcoin Rises 2.3% After Trump Rejects Iran’s Peace Offer

    23/06/2026

    Bitcoin Price Gains Renewed Strength, Market Eyes Bullish Breakout

    23/06/2026

    Big Bull Strategy, Which Said “We’ll Never Sell,” is Preparing to Sell Bitcoin! The CEO Shared Two Scenarios in Which They Would Sell BTC!

    23/06/2026

    Why Did Bitcoin Price Fall Today?

    23/06/2026

    Bitmine, Sharplink and Joe Lubin launch Ethereum research nonprofit

    23/06/2026

    Major Changes Are Coming to Ethereum — It Had Been Heavily Criticized

    23/06/2026

    Ethereum Foundation loses another key leader as co-executive director Hsiao-Wei Wang resigns

    22/06/2026

    Ethereum derivatives activity weakens as traders await a fresh catalyst

    22/06/2026

    SOL slides to 2023 lows – But Solana is quietly winning the tokenized asset race

    23/06/2026

    Cardano Founder Teases Joe Rogan Appearance

    23/06/2026

    Chainlink Unlocks $144M in LINK Tokens, Transfers to Binance

    23/06/2026

    ENS DAO Considers Expanding Foundation’s Authority in New Governance Proposal

    23/06/2026

    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

    Collectible NFTs in focus during nations 250th anniversary

    12/06/2026

    Bitmine, Sharplink and Joe Lubin launch Ethereum research nonprofit

    23/06/2026

    Institutions Want Interoperable Deposit Tokens and Money Market Funds, Not a Single Stablecoin Winner

    23/06/2026

    SOL slides to 2023 lows – But Solana is quietly winning the tokenized asset race

    23/06/2026

    Millions of EU crypto users face exchange cutoff as MiCA deadline hits in days

    23/06/2026
  • Blockchain

    Karrier One Launches App on Sui

    23/06/2026

    Venus Protocol Launches Tokenized Stock Lending on BNB Chain

    23/06/2026

    Banxchange Brings Decentralized Media and Creator Payments to XRP Ledger

    23/06/2026

    Predict Protocol Taps LayerEdge to Combine Prediction Markets and Decentralized zk Validation

    23/06/2026

    NeoPod to host second AMA with community builder Aziz of NeoRedPill

    23/06/2026
  • DeFi

    Altura shuts stablecoin vault after $8.5m redemption rush

    23/06/2026

    Wall Street’s UBS uMINT yield-bearing collateral has reached Bybit – but there’s a catch

    23/06/2026

    JustLend DAO adds U stablecoin lending market on TRON

    23/06/2026

    First Block, Onpharma and Crito Capital Launch STO on Solana

    23/06/2026

    Re7 Labs Opens $223K USDC Compensation Pool for USR Exploit Victims

    23/06/2026
  • Metaverse

    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

    Planet Hares Partners With Magne.AI To Bridge Web3 Metaverse With Smartphone Mobile-Ready Applications For Mass Adoption

    08/04/2026
  • Regulation

    Institutions Want Interoperable Deposit Tokens and Money Market Funds, Not a Single Stablecoin Winner

    23/06/2026

    Metaplanet to form securities arm through Siiibo acquisition

    23/06/2026

    The U.S. government is betting $2 Billion on quantum computing, and the defense side can’t keep up

    23/06/2026

    Sharon AI climbs 10% premarket on six-year NVIDIA AI compute partnership

    23/06/2026

    Americans Traded Up to $34 Billion on Offshore Prediction Markets: Study

    23/06/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Millions of EU crypto users face exchange cutoff as MiCA deadline hits in days

    23/06/2026

    Japan’s Bitbank cracks down on Polymarket-linked transfers

    23/06/2026

    World Cup betting frenzy could lift Robinhood prediction market revenue: Bernstein

    23/06/2026

    Banks Want Simpler Access to Crypto Benefits, Ripple Exec Says

    23/06/2026

    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

    Hut 8 to pay $2.35 million to settle investor suit over U.S. Bitcoin merger

    23/06/2026

    bitcoin mining sensitivity at record highs

    23/06/2026

    Paraguay Convicts Two Bitcoin Miners to Jail Sentences for Large-Scale Energy Theft

    23/06/2026

    Thailand cracks down on crypto mining, uncovers $1.2M electricity theft

    22/06/2026

    Japan advances crypto bill with 20% tax rate and ETF pathway

    23/06/2026

    Will CLARITY Act Redefine US Crypto Rules This Year

    23/06/2026

    Bithumb CEO Booked as Suspect Over South Korea Bribery Case

    23/06/2026

    Hungary to reverse crypto trading crackdown after EU scrutiny

    23/06/2026

    Bitmine, Sharplink and Joe Lubin launch Ethereum research nonprofit

    23/06/2026

    Institutions Want Interoperable Deposit Tokens and Money Market Funds, Not a Single Stablecoin Winner

    23/06/2026

    SOL slides to 2023 lows – But Solana is quietly winning the tokenized asset race

    23/06/2026

    Millions of EU crypto users face exchange cutoff as MiCA deadline hits in days

    23/06/2026
  • 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

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
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

Bitmine, Sharplink and Joe Lubin launch Ethereum research nonprofit

23/06/2026

Institutions Want Interoperable Deposit Tokens and Money Market Funds, Not a Single Stablecoin Winner

23/06/2026

SOL slides to 2023 lows – But Solana is quietly winning the tokenized asset race

23/06/2026
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.