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

Modi Backs RBI Digital Currency, Showcases India Stack at Global Fintech Fest

24/11/2025

Trump Eyes Executive Order to Rein In Patchwork State AI Policies

24/11/2025

Berlin claims 70% share of Germany’s $45M blockchain funding

24/11/2025
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

    Arthur Hayes Sends 700 ETH to B2C2 After Major Token Dumps

    22/11/2025

    ETH Slips Toward Key Support as Derivatives Activity Cools

    22/11/2025

    Ether eyes $3,500 if support levels hold; Check forecast

    22/11/2025

    Republic raises $100M for ETH purchases under unusual zero-interest deal

    22/11/2025

    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

    NFT sales nosedive to $72.5M, while Bored Ape Yacht Club recovers 37%

    22/11/2025

    Want the Inside Scoop on NFTs? These Are the 9 Best NFT Newsletters in 2025

    22/11/2025

    NFT Lending TVL Nears All-Time Lows

    21/11/2025

    The Strategy Behind the Revival of the Sandbox DAO

    20/11/2025

    Modi Backs RBI Digital Currency, Showcases India Stack at Global Fintech Fest

    24/11/2025

    Trump Eyes Executive Order to Rein In Patchwork State AI Policies

    24/11/2025

    Berlin claims 70% share of Germany’s $45M blockchain funding

    24/11/2025

    Is Howard Lutnick fundraising for Tether?

    24/11/2025
  • Blockchain

    Berlin claims 70% share of Germany’s $45M blockchain funding

    24/11/2025

    L1 activity based on active wallets slowed down in November, extending the trend from the past year

    24/11/2025

    First Post-Quantum Vault on Bitcoin Script

    23/11/2025

    Bolivia’s Blockchain Proposal to Eliminate Corruption and Create a Digital Market

    23/11/2025

    Stability World AI Partners With Pona Network for AI-Driven Web3 Applications

    23/11/2025
  • DeFi

    COTI Foundation Taps Houdini Swap for Private and Seamless DeFi Transactions

    23/11/2025

    Aave Founder Confirms 2026 Relaunch of ETHLend

    23/11/2025

    $12B in DeFi Liquidity Sits Idle as 95% of Capital Goes Unused

    23/11/2025

    DWF Labs Bold Investment in DeFi and CeDeFi Projects

    22/11/2025

    DeFi Interoperability Protocol Spicenet Joins Chainlink’s BUILD to Accelerate Adoption

    22/11/2025
  • Metaverse

    Cambridge Institute Joins InfblueNFT to Transform Digital Communication

    21/11/2025

    AGI Open Network Partners with MetaMars to Drive Marverse Economy

    15/11/2025

    Koda Nexus Opens in Otherside, Bored Ape Yacht Club Creator Debuts Social Hub

    13/11/2025

    Hollywood.com Reveals Crypto-Powered Prediction Market for Movies, TV and More

    04/11/2025

    Bored Ape creator revives brand with Otherside metaverse debut

    31/10/2025
  • Regulation

    Modi Backs RBI Digital Currency, Showcases India Stack at Global Fintech Fest

    24/11/2025

    Is Howard Lutnick fundraising for Tether?

    24/11/2025

    Japan’s crypto market matures while regulations expand

    23/11/2025

    Russia sets 2026 target for crypto regulation as Russian portfolios hit $40B

    23/11/2025

    Prestige Wealth Raises $150M to Become Tether Gold Treasury Vehicle

    23/11/2025
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Altcoins now 60% of Binance volume, overtaking BTC and ETH

    24/11/2025

    SoftBank’s PayPay changes the game for Binance Japan users

    23/11/2025

    Anti-CZ Whale Loses $61M Profit in 10 Days on Hyperliquid

    23/11/2025

    Bitcoin Exchange Binance Announces Listing of a New Altcoin Trading Pair on its Futures Platform!

    23/11/2025

    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

    Stobix Partners With Funton.ai to Boost Web3 Gaming Growth

    20/11/2025

    GaFin Partners with Undead Blocks to Boost Web3 Gaming via Integrated Rewards Network

    18/11/2025

    Altura Taps Zealy to Boost Agentic Gaming and AI-Driven Web3 Experience

    17/11/2025

    50+ Gaming Influencers Launch Gallaxia, First Player-Owned Blockchain Gaming Studio

    14/11/2025

    Bitcoin Hashprice Falls to Record Low as Network Hashrate Shows Early Signs of Pullback

    23/11/2025

    Bitcoin Miner Reserves Plunge to Record Low as Revenue Collapses

    23/11/2025

    Miners Face a Profit Crunch With Bitcoin Prices Down and Hashprice Reaching Record Lows

    22/11/2025

    American Bitcoin Targets 50 EH/s Bitcoin Mining Capacity

    22/11/2025

    Trump Eyes Executive Order to Rein In Patchwork State AI Policies

    24/11/2025

    CZ Binance Return Rumors Debunked Amid Pardon Drama: Lawyer Confirms

    24/11/2025

    Core Foundation Crushes Maple Finance in Landmark Crypto Lawsuit Victory

    23/11/2025

    Thailand’s 0% Capital Gains Tax Signals a Major Shift for Crypto

    23/11/2025

    Modi Backs RBI Digital Currency, Showcases India Stack at Global Fintech Fest

    24/11/2025

    Trump Eyes Executive Order to Rein In Patchwork State AI Policies

    24/11/2025

    Berlin claims 70% share of Germany’s $45M blockchain funding

    24/11/2025

    Is Howard Lutnick fundraising for Tether?

    24/11/2025
  • 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

Cambridge Institute Joins InfblueNFT to Transform Digital Communication

21/11/2025

AGI Open Network Partners with MetaMars to Drive Marverse Economy

15/11/2025

Koda Nexus Opens in Otherside, Bored Ape Yacht Club Creator Debuts Social Hub

13/11/2025

Hollywood.com Reveals Crypto-Powered Prediction Market for Movies, TV and More

04/11/2025
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

Modi Backs RBI Digital Currency, Showcases India Stack at Global Fintech Fest

24/11/2025

Trump Eyes Executive Order to Rein In Patchwork State AI Policies

24/11/2025

Berlin claims 70% share of Germany’s $45M blockchain funding

24/11/2025
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.