equitieswatch
Friday, June 2, 2023
About us
Advertise
  • Home
  • Stock Market
  • Finance
  • Cryptocurrency
  • Commodities
No Result
View All Result
Equitieswatch.com
No Result
View All Result

Wendy’s Puts Out a Digital Bag Alert (What’s The Wendyverse?)

by equitieswatch
March 31, 2022
in Stock Market

YOU MAY ALSO LIKE

Mexico’s new airport gets boost from Panama’s Copa Airlines By Reuters

Honda and Sony Team Up to Tackle Tesla

If the metaverse will have streets and real estate, one assumes that it will also need food. The combination of virtual reality, augmented reality and video that many are calling the next iteration of the internet will also have, at least if fast food companies have their way, virtual burgers. 

Of course, we are still very far from a future in which virtual food can nourish a human body. Even the concept of a virtual world in which users move through avatars is a largely abstract concept — it can either fizzle out like Google Glass or get as big as the internet did in the 1990s.

What’s A Virtual Wendy’s Burger?

That, however, doesn’t mean that fast food companies are not trying to get an early shot at metaverse marketing. In partnership with Meta  (FB) – Get Meta Platforms Inc. Class A Report‘s Horizon World app, Wendy’s  (WEN) – Get Wendy’s Company Report launched a 3-D world called the Wendyverse. 

From April 2 onwards, those who have a Quest 2 virtual reality headset will be able to pass through a small town in which everything looks like a Wendy’s — the Wendyverse Town Square Central features a virtual restaurant while the Buck BiscuitDome is a space to play online basketball with a Baconator sandwich instead of a basketball.

Scroll to Continue

This is, of course, little other than a marketing push as these virtual worlds are a bombardment of Wendy’s product placement. That said, the enticement of cheap food (Wendy’s is giving visitors coupons for a $1 Sausage or Bacon, Egg & Cheese Biscuit) and exploring a new online world are likely to have the desired effect and make more people interact with Wendy’s.

Who Else Has Tried It?

“We’re excited to take this to the next level by launching the Wendyverse in Meta’s Horizon Worlds and bringing a totally new dimension of access to our fans,” Carl Loredo, chief marketing officer for The Wendy’s Company, said in a statement. “Truly a first of its kind, the Wendyverse bridges the best of today with tomorrow to show up for our fans across every world – with a Frosty and fries in hand.”

This type of move is likely to be replicated by most fast food companies over the coming months. While companies like Adidas  (ADDDF)  and Chipotle  (CMG) – Get Chipotle Mexican Grill, Inc. Report have already started marketing in the metaverse, McDonald’s  (MCD) – Get McDonald’s Corporation Report recently applied for ten metaverse-related patents that would allow it to sell food, promote NFTs and otherwise market the chain in this space.



Source link

ShareTweetPin

Search

No Result
View All Result

Recent News

Oil slips further on demand, financial market worries By Reuters

Oil Sinks Further Amid China Concerns, Weakened Economic Prospects By Investing.com

October 25, 2022
Gold Up, Set for Second Weekly Gain as Dollar Falls from 20-Year High By Investing.com

Gold Pressured Near $1,650, Copper Muted on Economic Fears By Investing.com

October 25, 2022
Explainer-What would be the impact of Russian oil sanctions in Europe? By Reuters

Oil prices edge higher as U.S. dollar eases By Reuters

October 25, 2022
Equitieswatch.com

Equitieswatch.com is your Stock Market, Finance, Forex, Cryptocurrency, Business, NFT News Website. We provide you with the latest breaking news and videos straight from the Business industry.

  • Home
  • About us
  • Contact
  • Privacy Policy

© 2022 www.equitieswatch.com

No Result
View All Result
  • Home
  • Stock Market
  • Finance
  • Cryptocurrency
  • Commodities

© 2022 www.equitieswatch.com