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

Anonymous Plaintiff Sues to Claim 3.8 Million BTC

08/06/2026

Schwab’s Thinkorswim Launches 24/7 XRP Futures Trading

08/06/2026

DGrid AI, AIVM, and ChainGPT Unite to Bolster Independent AI Framework for Verifiable Web3

08/06/2026
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

    500 Bitcoin Linked to Irish Drug Dealer Moved After Decade of Dormancy

    08/06/2026

    Bitcoin Price Stabilizes Above $76K, Traders Await Next Major Move

    08/06/2026

    Bitfinex traders double down on bitcoin during five-day slide as longs hit 2.5-year high

    08/06/2026

    Bitcoin rebounds above $77,000. Analysts weigh in on whether the bounce has legs.

    08/06/2026

    “Today Could Be the Day Ethereum Starts Outperforming Bitcoin”

    07/06/2026

    Ethereum Price Gets Crushed To $1,840 Amid Relentless Selling Pressure

    07/06/2026

    Digital Asset Company Bitmine Continues to Buy Ethereum Despite Market Sellouts! Here’s the Latest Purchase Amount

    07/06/2026

    ShapeShift-Linked Whale Accumulates 6,688 ETH Worth $12.8 Million in Eight Hours

    07/06/2026

    The Second-Largest XRP Holder is an Unknown Whale That Has Been Sitting Very Quietly

    08/06/2026

    Cardano adds Scorechain support, will ADA price react next?

    08/06/2026

    Hyperliquid whales hold $4.016B with longs barely edging shorts

    08/06/2026

    ‘I Don’t Have Much Left Anymore’

    08/06/2026

    Yuga Labs recovers high-value NFTs in preemptive security operation after protocol flaw discovered

    08/06/2026

    NFT Market Cap Slides Near Record Lows as Ethereum Drop Erases Blue-Chip Gains

    07/06/2026

    Drip.Trade NFT Exchange on Hyperliquid to Shut Down June 15

    04/06/2026

    Binance to end NFT support on exchange, shift service to wallet

    03/06/2026

    Anonymous Plaintiff Sues to Claim 3.8 Million BTC

    08/06/2026

    Schwab’s Thinkorswim Launches 24/7 XRP Futures Trading

    08/06/2026

    DGrid AI, AIVM, and ChainGPT Unite to Bolster Independent AI Framework for Verifiable Web3

    08/06/2026

    500 Bitcoin Linked to Irish Drug Dealer Moved After Decade of Dormancy

    08/06/2026
  • Blockchain

    DGrid AI, AIVM, and ChainGPT Unite to Bolster Independent AI Framework for Verifiable Web3

    08/06/2026

    What Is Aster Chain and How the Protocol Plans to Expand Beyond BNB Chain

    08/06/2026

    Hong Kong Monetary Authority Forms Task Force to Advance Bond Tokenization

    08/06/2026

    JPMorgan, Bank of America, Citi to start blockchain offensive with shared tokenized network

    08/06/2026

    Virtuals Moves Cross-Chain Operations to CCIP

    08/06/2026
  • DeFi

    Aave to Launch V4 Protocol on Circle’s Arc Blockchain, Signaling DeFi Infrastructure Shift

    07/06/2026

    Nvidia adds Suzanne Nora Johnson to board of directors

    07/06/2026

    $4M XRP Liquidity Rollover Marks Major Achievement for Flare

    06/06/2026

    Uniswap records largest UNI burn as Hayden Adams backs DeFi

    06/06/2026

    XRP Finance Achieves Seamless $4.88M Pool Rollover on Flare

    06/06/2026
  • Metaverse

    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

    Mark Zuckerberg’s Meta launches new AI initiative after metaverse retreat

    25/03/2026
  • Regulation

    Ripple Joins Elite Unicorn Ranks With OpenAI, SpaceX and Stripe in Prime Unicorn Index

    08/06/2026

    Bloomberg Analyst Mike McGlone Shares His Latest Take

    08/06/2026

    Canada Revenue Agency refunds $148M to 30 US companies after scrapping digital services tax

    08/06/2026

    Backpack Joins DTCC and Wall Street Giants to Pioneer the Future of Tokenized Securities in 2026

    08/06/2026

    Anthropic warns against unauthorized stock exposure as token markets imply trillion-dollar valuation

    08/06/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Schwab’s Thinkorswim Launches 24/7 XRP Futures Trading

    08/06/2026

    Moomoo expands into prediction markets through Kalshi partnership

    08/06/2026

    Bybit becomes first major crypto exchange to list Western Union’s USDPT

    08/06/2026

    Robinhood shifts from Kalshi to Rothera for World Cup prediction markets

    08/06/2026

    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

    Pi Network Expands Gaming Ecosystem as CiDi Games Launches Developer Center

    03/06/2026

    GMATRIXS Taps GamePad to Boost Web3 Gaming and DeFi Infrastructure

    02/06/2026

    GamePad Joins Mouse to Simplify On-Chain Transactions for Millions of Gamers

    31/05/2026

    Could Grand Theft VI be the first ‘crypto native’ video game in history? The internet weighs in

    27/05/2026

    Expert Flags Bitcoin’s First Hashrate Bear Market as Network Sheds 145 EH/s

    08/06/2026

    Hut 8 Prices $4.25B Notes to Build 352MW Texas AI Data Center

    07/06/2026

    Why Bitcoin miners are quietly becoming AI data centers

    07/06/2026

    Solo Bitcoin Miners Keep Pocketing Full Block Rewards in 2026: Here’s How

    05/06/2026

    Anonymous Plaintiff Sues to Claim 3.8 Million BTC

    08/06/2026

    Trump’s CFTC support unlikely to shift prediction market legal fight, TD Cowen says

    08/06/2026

    White House Begins Formal Review of CFTC Proposal on Prediction Market Regulation

    08/06/2026

    South Korea Forms Special Police Task Force to Combat Tether Money Laundering

    08/06/2026

    Anonymous Plaintiff Sues to Claim 3.8 Million BTC

    08/06/2026

    Schwab’s Thinkorswim Launches 24/7 XRP Futures Trading

    08/06/2026

    DGrid AI, AIVM, and ChainGPT Unite to Bolster Independent AI Framework for Verifiable Web3

    08/06/2026

    500 Bitcoin Linked to Irish Drug Dealer Moved After Decade of Dormancy

    08/06/2026
  • 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

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
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

Anonymous Plaintiff Sues to Claim 3.8 Million BTC

08/06/2026

Schwab’s Thinkorswim Launches 24/7 XRP Futures Trading

08/06/2026

DGrid AI, AIVM, and ChainGPT Unite to Bolster Independent AI Framework for Verifiable Web3

08/06/2026
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.