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

CLARITY Act delayed as Senate struggles to secure votes

13/01/2026

Uquid Showcases Disposable Crypto Cards for Safer Online Payments

13/01/2026

Hong Kong’s RedotPay raises $100 million Series B to push global stablecoin payments

13/01/2026
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

    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

    Ethereum price confirms bearish failed auction, breakdown risk grows

    12/01/2026

    Justin Bons Warns ZK-EVM Could Permanently Damage Ethereum

    12/01/2026

    Tom Lee’s Company Bitmine Included Thousands of Ethereum in the Staking Process! Here Are the Details

    12/01/2026

    Ethereum Price Drops 4% After Strong Rally: Here are Possible Scenarios

    12/01/2026

    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 Market Witnesses Record-Breaking Sales, CryptoPunks Secure Leading Spots

    12/01/2026

    NFT sales nosedive 27% to $62.5M, Bitcoin sales dump 65%

    10/01/2026

    Clone-X NFTs Soar 200% as Nike Sells RTFKT

    08/01/2026

    Nike Quietly Sells RTFKT After Shutting Down Web3 Operations

    07/01/2026

    CLARITY Act delayed as Senate struggles to secure votes

    13/01/2026

    Uquid Showcases Disposable Crypto Cards for Safer Online Payments

    13/01/2026

    Hong Kong’s RedotPay raises $100 million Series B to push global stablecoin payments

    13/01/2026

    SEC Chair Atkins leaves door open to seizing Venezuela’s alleged Bitcoin hoard

    13/01/2026
  • Blockchain

    Most Influential: Sergey Nazarov

    13/01/2026

    Linea becomes latest casualty as Arkham cuts L2s based on ‘importance to crypto’

    12/01/2026

    Cellula and ENI Collaborate to Introduce Proof-of-Work Mining to Web3 Gaming

    12/01/2026

    Velo Expands Global Footprint as Orbit Plus Debuts in 15 Countries With RWA and Settlement Focus

    12/01/2026

    CratD2C Smart Chain Integrates Pinnacle Ventures to Accelerate Real-World Adoption

    12/01/2026
  • DeFi

    Aave and Morpho lead lending recovery in January after October crash

    12/01/2026

    Trump-backed World Liberty debuts WLFI Markets, a new lending and borrowing platform

    12/01/2026

    As the market tanks, crypto’s new gold rush is…gold

    12/01/2026

    DeFi’s promised to replace TradFi, not sit on top of them

    12/01/2026

    Most Influential: Jesse Pollak

    10/01/2026
  • Metaverse

    Meta to cut 10% of metaverse arm this week amid AI push: Report

    13/01/2026

    Yuga Labs Acquires Otherside Creator Platform From Improbable

    27/12/2025

    Meta CEO Mark Zuckerberg Made a Decision That Will Deeply Affect Metaverse Projects! Here Are the Details

    05/12/2025

    Meta Plans 30% Cut to Metaverse Budget as Reality Becomes Less Virtual: Bloomberg

    04/12/2025

    Cambridge Institute Joins InfblueNFT to Transform Digital Communication

    21/11/2025
  • Regulation

    Hong Kong’s RedotPay raises $100 million Series B to push global stablecoin payments

    13/01/2026

    Bulls beware — BofA Fund Manager Survey flashing contrarian sell signal

    13/01/2026

    Strategy joins global bitcoin treasury coalition challenging MSCI rule on index exclusions

    13/01/2026

    Markets Price a 75% Chance of No Fed Rate Cut in January 2026

    13/01/2026

    Onchain Treasury Funds Climb Toward $9B Despite Mixed Net Flows

    13/01/2026
  • Other
    1. Exchanges
    2. ICO
    3. GameFi
    4. Mining
    5. Legal
    6. View All

    Uquid Showcases Disposable Crypto Cards for Safer Online Payments

    13/01/2026

    Brazil’s B3 to Expand Trading Hours for Crypto and Gold Futures

    13/01/2026

    Aura Network Simplifies Crypto Payments with QR Code System

    13/01/2026

    Binance Releases Report Covering 2025 Summary – Here’s What You Need to Know

    13/01/2026

    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

    Why 2025 Will See the Comeback of the ICO

    26/12/2024

    Checkmate Integrates Team Secret to Expand Web3 Gaming

    13/01/2026

    Chainlink ($LINK) Leads Gaming Projects by Social Activity

    12/01/2026

    GameFi Sector Rallies Amid New Year, Market Cap Tops $6.59 Billion, With WOD Leading Market Trading Volume

    11/01/2026

    Elderglade and EtherForge Partner to Advance Web3 Gaming

    09/01/2026

    Trump wants tech firms to ‘pay their own way’ as power demand soars

    13/01/2026

    CZ Says UAE Turns Excess Energy Into Bitcoin as a Strategic Store of Value

    12/01/2026

    UAE joins global Bitcoin hashrate competition through government-backed miners

    12/01/2026

    Bitcoin mining difficulty dips in first 2026 adjustment

    11/01/2026

    CLARITY Act delayed as Senate struggles to secure votes

    13/01/2026

    SEC Chair Atkins leaves door open to seizing Venezuela’s alleged Bitcoin hoard

    13/01/2026

    Federal judge temporarily halts Tennessee’s bid to shut down Kalshi sports contracts

    13/01/2026

    Trump says he’ll be impeached if Republicans lose midterms

    11/01/2026

    CLARITY Act delayed as Senate struggles to secure votes

    13/01/2026

    Uquid Showcases Disposable Crypto Cards for Safer Online Payments

    13/01/2026

    Hong Kong’s RedotPay raises $100 million Series B to push global stablecoin payments

    13/01/2026

    SEC Chair Atkins leaves door open to seizing Venezuela’s alleged Bitcoin hoard

    13/01/2026
  • 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

Related Posts

Meta to cut 10% of metaverse arm this week amid AI push: Report

13/01/2026

Yuga Labs Acquires Otherside Creator Platform From Improbable

27/12/2025

Meta CEO Mark Zuckerberg Made a Decision That Will Deeply Affect Metaverse Projects! Here Are the Details

05/12/2025

Meta Plans 30% Cut to Metaverse Budget as Reality Becomes Less Virtual: Bloomberg

04/12/2025
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

CLARITY Act delayed as Senate struggles to secure votes

13/01/2026

Uquid Showcases Disposable Crypto Cards for Safer Online Payments

13/01/2026

Hong Kong’s RedotPay raises $100 million Series B to push global stablecoin payments

13/01/2026
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.