• 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

2 years 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

Safety Tips for Crypto Users Amid Malware Threat

chest

Microsoft provides practical safety tips for cryptocurrency users to avoid falling victim to clipboard malware.

user avatarAyman Ben Youssef

New Malware Campaign Targets Crypto Users

chest

Microsoft Threat Intelligence reports a new malware campaign named TrojanWin32CryptoBanditsA targeting cryptocurrency users by manipulating clipboard data.

user avatarSon Min-ho

Impact of MiCA on Binance's Operations

chest

The MiCA framework is reshaping compliance and market structure for crypto exchanges like Binance.

user avatarTando Nkube

Binance Faces Regulatory Scrutiny in Europe

chest

Binance is currently facing regulatory scrutiny in Europe, risking its permission to operate in the EU due to licensing issues in Greece ahead of the MiCA deadline.

user avatarKofi Adjeman

TradingView Implements Strict Editorial Policy

chest

TradingView has recently established a strict editorial policy that focuses on accuracy, relevance, and impartiality in its reporting.

user avatarNguyen Van Long

Fidelity's Fund Aligns with GENIUS Act for Stablecoin Regulation

chest

Fidelity's Fidelity Reserves Digital Fund (FYMXX) aligns with the GENIUS Act to create a regulated market for stablecoin reserves.

user avatarJesper Sørensen

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.