Recently, VR shopping mall MetaMall announced that it has raised $4.6 million through a token sale, which is led by 316VC, MarsVC, WLI Capital, BullPerks, HVS Ventures, CCK Ventures and others. The company will use the funding to scale up its technology and marketing teams and work with technology platforms and designers to create a metaverse focused on retail and gaming experiences.
Today, the sale of digital land has become an important aspect of building different virtual worlds that will one day merge into a "metaverse," with other products of the same genre including the popular Decentraland and Sandbox.
Founded in 2021 by Serge Gianchandani, Metamall is a startup that provides virtual reality experiences on the blockchain, allowing users to build, explore and transact in their own virtual malls, with 12 patents for 3D and VR images, and Metamall has sold $1 million worth of virtual land.
Gianchandani said: "We have seen generations of users spend a lot of time in games, social networks and the metaverse of wealth accumulation. Metamall is a unique blend of metaverses, NFTs, and cryptocurrencies that enrich the user experience and allow brands, individuals, and experience owners to connect with their audiences. We are very excited because this journey will move on to the next stage. ”
Deployed on the Solana blockchain network with cross-chain compatible wallet capabilities, Metamall is a VR shopping and lifestyle experience area where users can make money by buying virtual properties and through leasing, betting, advertising, and development.
MetaMall attempts to transform everyday tasks such as shopping, socializing, and business interactions into immersive experiences powered by VR technology. According to reports, it is a separate area for stores, showrooms and commercial interactions for commercial real estate, as well as lifestyle experiences such as casinos, clubs, VR games and NFT art galleries.