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

The Global War on Crypto Laundering Heats up Across Mexico and Brazil

06/06/2026

Ripple and Stellar Could Be the Key to Staying Relevant

06/06/2026

Bitcoin Coinbase Premium Drop Hints At Critical Pivot For BTC

06/06/2026
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 Coinbase Premium Drop Hints At Critical Pivot For BTC

    06/06/2026

    Traders pile into $82,000 bitcoin calls ahead of May 29 expiry

    06/06/2026

    Bitcoin price to get a macro boost as BofA says tariff refunds could cool inflation

    06/06/2026

    Bitcoin rebounds above $78K as ETF outflows ease, bulls eye recovery

    06/06/2026

    Dormant Ethereum Whale Awakens, Sells $17.7 Million in ETH After Three Years

    06/06/2026

    Ethereum Price Downtrend May Not Be Over—Sub-$1,700 Levels Loom

    06/06/2026

    167 ETH Worth $276K Sent to User by Mistake

    06/06/2026

    ETH Coin Falls Below $1,700 – Here Are the Next Supports

    06/06/2026

    Why Ripple’s DIFC License Could Change Everything for XRP

    06/06/2026

    Dogwifhat Hits Upbit And Traders Eye Big Moves

    06/06/2026

    Why Midnight NIGHT Is Rising Fast Across Cardano Wallets

    06/06/2026

    Flare CEO Criticizes Cardano, Says It Failed to Replicate Flare’s DeFi Strategy

    06/06/2026

    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

    Cripco Joins Minicoin, Fueling Speculation IPX Is Exiting NFT Business

    28/05/2026

    Tokenized Pokémon Card Sales Surge to Record $7.4 Million in First Week of May

    27/05/2026

    The Global War on Crypto Laundering Heats up Across Mexico and Brazil

    06/06/2026

    Ripple and Stellar Could Be the Key to Staying Relevant

    06/06/2026

    Bitcoin Coinbase Premium Drop Hints At Critical Pivot For BTC

    06/06/2026

    Dormant Ethereum Whale Awakens, Sells $17.7 Million in ETH After Three Years

    06/06/2026
  • Blockchain

    Ripple and Stellar Could Be the Key to Staying Relevant

    06/06/2026

    Kevin O’Leary reveals ‘the next big thing in crypto’

    06/06/2026

    Hamilton Lane’s tokenized HLSCOPE fund launches on Tron, marking first Securitize product issued on the once-maligned blockchain

    06/06/2026

    Orbs rolls out Committee Sync MVP as V5 upgrade goes live on Ethereum and Arbitrum

    06/06/2026

    Movement pivots to stablecoin payments as the layer-2 boom loses momentum

    06/06/2026
  • DeFi

    DeFi exploit losses plunged 74% in 2025 from 2022 peak, Immunefi report finds

    05/06/2026

    Deel Launches Stablecoin Wallet On Morpho, Enabling DeFi Lending And Borrowing For Global Users

    05/06/2026

    3 DeFi Tokens to Watch as One Jumps 50% and Two Bleed in June

    05/06/2026

    XPower Finance Collaborates With C4E To Power Scalable, Sustainable DeFi Yield Offerings With DePIN

    05/06/2026

    DeFi won’t win over big banks until it fixes its hacking problem, executives say

    04/06/2026
  • 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

    Solana treasury Upexi falls 8% after posting widened net loss in fiscal Q3

    06/06/2026

    Jane Street slashes Bitcoin ETF holdings, adds Ether funds in Q1 2026

    06/06/2026

    eToro Shares Slides 3% as Trade Size Halves and Assets Sits $3.8 Billion Below Peak

    06/06/2026

    Norway’s KLP Boosts MicroStrategy Stake by $20.5 Million in Institutional Bitcoin Play

    06/06/2026

    Tokenized Treasuries hit $15 billion as bitcoin stalls, Fed rate-rise concerns build

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

    DraftKings Moves Deeper Into Prediction Markets With DKeX CFTC Filings

    05/06/2026

    PayPal expands China payment access through WeChat Pay merchants

    05/06/2026

    Kraken Enters Funded Trading With New Prop Program After Breakout Acquisition

    05/06/2026

    Stablecoin payments stay behind checkout: BridgerPay

    05/06/2026

    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

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

    05/06/2026

    Bitcoin Has a Built-In Price Floor Driven by Energy Costs

    05/06/2026

    Bitdeer Breaks Ground on 100 MW Alberta Site With on-Site Gas Power

    04/06/2026

    Bitcoin Miners Hit $1.08B in May Revenue, Then Prices Pull the Floor Away

    04/06/2026

    The Global War on Crypto Laundering Heats up Across Mexico and Brazil

    06/06/2026

    White House sends AI legislative framework to Congress amid state-level efforts

    06/06/2026

    How the House Financial Services Committee is taking on tokenization: State of Crypto

    06/06/2026

    Revealing the moment crypto started reshaping American elections

    06/06/2026

    The Global War on Crypto Laundering Heats up Across Mexico and Brazil

    06/06/2026

    Ripple and Stellar Could Be the Key to Staying Relevant

    06/06/2026

    Bitcoin Coinbase Premium Drop Hints At Critical Pivot For BTC

    06/06/2026

    Dormant Ethereum Whale Awakens, Sells $17.7 Million in ETH After Three Years

    06/06/2026
  • 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

The Global War on Crypto Laundering Heats up Across Mexico and Brazil

06/06/2026

Ripple and Stellar Could Be the Key to Staying Relevant

06/06/2026

Bitcoin Coinbase Premium Drop Hints At Critical Pivot For BTC

06/06/2026
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.