Virtual real estate seller Metamall raises $400,000 via 80 mn crypto tokens

Metamall has already raised $4.6 million in its seed, strategic and private rounds and more than $2 million through NFT realty sales

Metamall, a metaverse start-up that allows buyers to own, build and develop virtual real estate has closed its IDO (Initial Dex Offering) to raise $400k with the supply of 80 million tokens. With this round of IDO, Metamall claims to have become the first retail commerce-themed Metaverse in the world to raise funding more than $7 Mn from private and public investors

IDO is a standard fund-raising tool used by crypto-based startups that follows private investors. Metamall has already raised $4.6 million in its seed, strategic and private rounds and over $2 million via NFT realty sales. It has conducted