• 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

Solana Foundation Unveils Developer Platform to Boost Blockchain Adoption

chest

The Solana Foundation has launched the Solana Developer Platform (SDP), an API toolset designed to help corporations and financial institutions develop blockchain-native products.

user avatarDavid Robinson

Gold Prices Plummet as Bitcoin Rises Amid Geopolitical Tensions

chest

Gold prices have dropped significantly as Bitcoin experiences a surge, reflecting shifts in investor sentiment during the ongoing US-Iran conflict.

user avatarAndrew Smith

Bitcoin Hashrate Drop Linked to Recent Price Movements

chest

A significant drop in Bitcoin's Hashrate was observed during the final week of January due to a snowstorm in the U.S., leading to a temporary decrease in Hashrate and a subsequent price crash.

user avatarZainab Kamara

Bitcoin Yardstick Indicator Shows Deep Undervaluation

chest

Charles Edwards discusses the current state of the Bitcoin Yardstick valuation indicator, indicating it is significantly undervalued.

user avatarJacob Williams

NYDIG Highlights the Role of STRC in Bitcoin Demand

chest

NYDIG emphasizes the importance of Strategy's STRC issuance as a new source of bitcoin demand, clarifying its misunderstood structure.

user avatarSon Min-ho

Bitcoin Depot Faces Regulatory Challenges and Revenue Decline

chest

Bitcoin Depot is facing regulatory challenges and has warned of a potential revenue decline of 30 to 40 percent this year due to increased scrutiny and ATM shutdowns in Connecticut.

user avatarTando Nkube

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.