• 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

Twenty One Capital Executes $39B Bitcoin Transfer, Signaling Institutional Confidence

chest

Twenty One Capital has executed a massive Bitcoin transfer of 43,122 BTC, valued at approximately $3.94 billion, signaling deep institutional confidence in Bitcoin's long-term value.

user avatarLuis Flores

Yearn Finance yETH Vault Exploit Results in 9 Million Loss

chest

Yearn Finance's yETH vault was exploited, leading to a loss of 9 million.

user avatarZainab Kamara

Chainlink's Open Interest Surges Amid Bearish Market Conditions

chest

Chainlink's open interest has surged past 127 million USDT, indicating increased leverage in a bearish market as the token retests a critical breakdown support level.

user avatarArif Mukhtar

Trump Administration Advances Crypto Policies Amid National Security Strategy Release

chest

The Trump administration has been actively promoting crypto policies this year, supporting the GENIUS Act and establishing a Bitcoin reserve, despite the omission of cryptocurrency in the national security strategy.

user avatarMaria Gutierrez

Bitcoin Encounters Significant Resistance Levels Ahead.

chest

Bitcoin is approaching significant resistance levels, with immediate resistance at 91,650 and key levels at 92,000 and 93,000. A close above 93,000 could lead to further increases, potentially testing the 95,000 resistance. However, if Bitcoin fails to rise above the 91,650 resistance zone, it may start another decline, with immediate support near 90,000 and major support at 89,500.

user avatarDavid Robinson

Uniswap Achieves Milestone of 4 Trillion in Trading Volume

chest

Uniswap Labs announced this week that the protocol has surpassed 4 trillion in cumulative trading volume across 2,586 days.

user avatarSon Min-ho

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.