VR shopping company Metamall to raise $4.6 million from token sales.
- ByStartupStory | December 31, 2021
Virtual Reality(VR) startup, Metamall has recently raised $4.6 million in a funding round through token sales led by crypto heavyweights. These heavyweights included 316VC, CSPDAO, MarsVC, WLI Capital, BullPerks, HVS Ventures, CCK ventures and others.
The VR company was started by Serge Gianchandani in 2021. It provides VR experience on their blockchain to explore, build, trade on the consumers own virtual mall. The metaverse world has been seeing a growing demand in people owning and selling digital lands which can be seen in popular online worlds of Sandbox and Decentraland.
Founder, Serge Gianchandani said, “Metamall is a unique convergence of metaverse, NFT and crypto that enables enriching user experience as well as giving brands, individuals and experience owners to connect with their audience”
The company stated that they will use the funds to scale up its tech and marketing teams and work with tech platforms and designers to build their retail and gaming experiences.
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