McDonald’s debuts metaverse in Singapore

-

McDonald’s Singapore has launched the My Happy Place metaverse, offering locals a chance to participate in games and win various rewards.

Virtual reality alongside your cheeseburger

In collaboration with Bandwagon Labs, the American fast-food giant has created this in-app virtual world for its customers.

Clarence Chan, the founder of Bandwagon Labs, explained that several key factors motivated the creation of the metaverse for McDonald’s.

“The metaverse serves as a creative canvas where users can express themselves and showcase their skills and creations to the world. Moreover, it is filled with daily rewards and challenges that encourage participation.”

McDonald's

McMetaverse

Utilizing Web3 technology, the platform enhances security, functionality, and the usage of digital collectibles.

Chan noted that by integrating wallet services like MetaMask, users can securely verify their identities and engage in token-based activities within the metaverse.

According to the announcement, McDonald’s retains full control over the metaverse. The project will run for a trial period of one month, from June 6 to July 7, with future continuation depending on its success.

Chan pointed out a significant drawback in the current metaverse experiences, as they are often hindered by third-party operations, and the lack of tangible rewards often discourages people from exploring the technology.

Metaverse for every fan

Recently, Magic Leap announced a multifaceted strategic technology partnership with Google to develop new augmented reality technologies.

This partnership combines Magic Leap’s achievements in optics with Google’s infrastructure to create something innovative, highlighted by Magic Leap’s CTO, Julie Larson-Green.

“This partnership will accelerate the transformative power of augmented reality, combining our advanced optical capabilities with Google’s technologies to further develop our devices for both the developer ecosystem and customers. We are excited to expand the potential of this field – linking the physical and virtual worlds together.”

Have you read it yet? Binance delist unapproved stablecoins for EU users

LATEST POSTS

Why Bybit Stopped New Signups in Japan Amid Emerging Crypto Regulations

Crypto exchange Bybit will stop accepting new user registrations in Japan from Oct. 31. The exchange said it is adjusting to emerging crypto regulations in...

Australia tightens the crypto reins, new rules are coming

Australia is dialing up the heat on crypto assets with a regulatory makeover that’s shaking the market’s dusty corners. The Australian Securities and Investments Commission,...

Chinese cars in Belarus now drive on crypto

Belarus just shifted into the fast lane of digital payments. Thanks to a slick partnership between Minsk’s car dealer Tochka and the country’s veteran crypto...

Who’s really winning the crypto adoption race? Chainalysis knows the answer

In a world where Uncle Sam swears he’s the crypto kingpin, India just walked in, grabbed the crown, and said, “Thanks, but we’ll take it...
117FollowersFollow

Most Popular

Guest posts