• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
McDonald’s launches a metaverse in Singapore

McDonald’s launches a metaverse in Singapore

user avatar

by Eve Adams

a year ago


The American fast-food chain McDonald’s has launched a metaverse in Singapore called "My Happy Place," where local residents can cook virtual burgers and participate in various activities.

McDonald’s Singapore partnered with Bandwagon Labs, a media and entertainment technology company, to create this virtual world for its customers.

Clarence Chan, the founder of Bandwagon Labs, highlighted three key aspects that formed the foundation for creating the McDonald’s metaverse:

It is a multiplayer mode where players can interact with each other. The metaverse also serves as a creative platform, allowing users to express their creativity. And finally, it offers daily rewards and tasks that incentivize users.

Additionally, Web3 technologies are used to enhance the security and functionality of digital collectibles.

With the integration of wallets like MetaMask, we ensure secure authentication and participation in tokenized activities within the metaverse, Chan explained.

According to the announcement, McDonald’s has full control over its metaverse within the app. The project will run from June 6 to July 7, and its success will determine further development or continuation.

Chan, who himself got married in the metaverse, highly praised the potential of this technology for customer retention and fan engagement. However, he noted that current limitations are related to third-party hosting.

Also, the lack of tangible rewards for metaverse users can deter a significant part of the audience.

Chan believes that Bandwagon Labs has solved these problems for McDonald’s by providing users the opportunity not only to interact and play with friends but also to win real rewards, such as free fries, by participating on the platform.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Ripple Gains Approval for Expanded Payment Activities in Singapore

chest

Ripple has received approval from the Monetary Authority of Singapore to expand its payment services, enhancing its operational capabilities in the region.

user avatarFilippo Romano

Ripple Captures Tokenization Industry with XRP Ledger

chest

Ripple has successfully onboarded several institutions onto the XRP Ledger, tapping into the projected 16 trillion tokenization industry by providing robust security measures.

user avatarLucas Weissmann

EMJ Capital Unveils AI-Driven Crypto Treasury Initiative EMJX

chest

EMJ Capital, led by Eric Jackson, introduces EMJX, an AI-driven initiative aimed at mitigating volatility in cryptocurrency portfolios.

user avatarEmily Carter

Eric Jackson Highlights Crypto Bear Market as Prime Investment Opportunity

chest

Eric Jackson, founder of EMJ Capital, emphasizes the current crypto bear market as a prime opportunity for investment, particularly in Bitcoin and Ethereum.

user avatarKaterina Papadopoulou

Bitcoin Market Cycle Signals Identified

chest

Alphractal's analysis reveals key signals for the end of bear markets and the beginning of bull markets in Bitcoin's history.

user avatarTomas Novak

Caution Amid Optimism: Potential Short-Term Correction for Bitcoin

chest

Despite a positive outlook for Bitcoin, analysts warn of a potential short-term correction around December 10.

user avatarMaya Lundqvist

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.