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

Ethereum price drops under $2,000; how low can it go?

30/05/2026

Nof1 Raises $15M Backed by SUI Group and Karatage to Expand AI Trading Platform

30/05/2026

Jupiter Deposits $62K in JUP to Litterbox Trust as Protocol Revenue Accumulation Continues

30/05/2026
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 Could Record Its Largest Weekly Loss in Years if It Breaks Below This Support

    30/05/2026

    U.S.-Iran strikes rattle global markets, send bitcoin to 6-week low

    30/05/2026

    Traders Watch BTC Slip Below Key Moving Averages as Bears Put Pressure on $73K

    30/05/2026

    Why is Bitcoin (BTC) Price Falling? What’s Behind the Decline? Analysts Answer! – Analysis Company Warned About This Altcoin!

    30/05/2026

    Ethereum price drops under $2,000; how low can it go?

    30/05/2026

    Why the Ethereum Foundation is suddenly again at the center of crypto’s culture war

    30/05/2026

    Can ETH Hold The Crucial $1,930 Lifeline?

    30/05/2026

    Ethereum Price Warning Signals Strengthen, Downside Risks Stay Elevated

    30/05/2026

    Jupiter Deposits $62K in JUP to Litterbox Trust as Protocol Revenue Accumulation Continues

    30/05/2026

    a16z-Linked Wallet Acquires $16.9M More in HYPE, Total Holdings Exceed $90M

    30/05/2026

    Week in Review – May 11 – May 17

    30/05/2026

    XRPL Flips Ethereum in RWA Inflows

    30/05/2026

    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

    Pudgy Penguins Deepens Ties With Manchester City in Expanded Partnership

    20/05/2026

    We’re building one app for NFTs, meme coins, perps, and major cryptos

    20/05/2026

    Ethereum price drops under $2,000; how low can it go?

    30/05/2026

    Nof1 Raises $15M Backed by SUI Group and Karatage to Expand AI Trading Platform

    30/05/2026

    Jupiter Deposits $62K in JUP to Litterbox Trust as Protocol Revenue Accumulation Continues

    30/05/2026

    FDIC Board Advances Proposed Bank Secrecy Act Rule for Stablecoin Issuers

    30/05/2026
  • Blockchain

    SodaBot Taps PlaysOut to Merge AI Automation with Web3 Gaming Infrastructure

    30/05/2026

    Pi Network price consolidates at $0.14 as CiDi Games’ beta app attracts more than 81,000 users

    30/05/2026

    September final shutdown date announced for Toncoin and Token Bridge

    28/05/2026

    BNB Chain Launches Agent Survival Pack

    28/05/2026

    Grvt adds 3 tokenized yield funds tied to institutional-grade RWAs

    28/05/2026
  • DeFi

    Kraken unveils Bitcoin Vault, expanding yield push for BTC holders

    29/05/2026

    OpenZeppelin’s Manuel Aráoz advises exiting DeFi, calls it unsafe

    29/05/2026

    Aave is bank-sized, but $2.9T in corporate loans reveals the risk DeFi still can’t price

    29/05/2026

    Whale Bets $16M Against Bitcoin and Ether While Doubling Down on TradFi via Hyperliquid

    29/05/2026

    Kuant AI Taps X-Agent to Accelerate AI-Driven Independent DeFi Trading

    29/05/2026
  • 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

    Nof1 Raises $15M Backed by SUI Group and Karatage to Expand AI Trading Platform

    30/05/2026

    Odds against rate cuts high as new US Fed chair set for swearing in

    30/05/2026

    10% of Americans used crypto in 2025, highest level since 2022: Fed

    30/05/2026

    World Liberty Financial treasury company AI Financial warns in SEC filing that it may not survive the year

    30/05/2026

    The Date for New Fed Chairman Kevin Warsh to Take Office Has Been Announced

    30/05/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Hyperliquid is emerging as a challenger to traditional exchanges and prediction markets, says FalconX

    30/05/2026

    How Perpetual Contracts Work on Aster

    30/05/2026

    OKX Wallet Launches Agentic Wallet for Autonomous On-chain Asset Management

    30/05/2026

    Binance Wallet debuts Event Rush dApp for on-chain sports and news trading

    30/05/2026

    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

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

    27/05/2026

    GMatrixs Partners With InsightX To Advance GameFi User Experiences With AI-Powered Web3 Prediction Market Ecosystem

    27/05/2026

    YOM Joins the Blockchain Game Alliance Alongside Ubisoft and Animoca Brands

    24/05/2026

    FishWar Collaborates with XPower Finance To Advance Web3 Gaming Experience With DeFi Yields

    22/05/2026

    Bitcoin miners’ real prize is power as AI reshapes mining

    29/05/2026

    Ohio suspends data center tax break amid AI power cost debate

    29/05/2026

    Texas forms Strategic Bitcoin Reserve Advisory Committee, appoints CleanSpark executive

    29/05/2026

    The Future of Bitcoin Mining Is Bigger Than Bitcoin

    29/05/2026

    FDIC Board Advances Proposed Bank Secrecy Act Rule for Stablecoin Issuers

    30/05/2026

    Fenwick & West agrees to pay $54M to escape FTX customer lawsuits over collapse

    30/05/2026

    Japan FSA Finalizes New Rules for Stablecoins, Crypto Intermediaries, and Funds Transfers

    30/05/2026

    Comparing MiCA (EU) to VARA (Dubai) and MAS (Singapore)

    30/05/2026

    Ethereum price drops under $2,000; how low can it go?

    30/05/2026

    Nof1 Raises $15M Backed by SUI Group and Karatage to Expand AI Trading Platform

    30/05/2026

    Jupiter Deposits $62K in JUP to Litterbox Trust as Protocol Revenue Accumulation Continues

    30/05/2026

    FDIC Board Advances Proposed Bank Secrecy Act Rule for Stablecoin Issuers

    30/05/2026
  • 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

Ethereum price drops under $2,000; how low can it go?

30/05/2026

Nof1 Raises $15M Backed by SUI Group and Karatage to Expand AI Trading Platform

30/05/2026

Jupiter Deposits $62K in JUP to Litterbox Trust as Protocol Revenue Accumulation Continues

30/05/2026
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.