Shopping malls have now become a central meeting place and hub of important social interactions between people of different backgrounds and age groups. Now imagine your weekly trip to a mall is replaced with a virtual mall in the metaverse where you can spend hours, meet your friends and interact with them at a cafe in real-time without bothering about booking a cab or getting out of home. A virtual mall is coming soon and it’s becoming a reality, courtesy of metaverse real estate seller Metamall.

“It’s between the physical mall and traditional e-commerce,” Serge Gianchandani, co-founder of Metamall, simplified what he means by a virtual mall in the metaverse. Gianchandani said the idea is to combine what you see on an e-commerce shopping site with a better visual experience, where users can enter a mall in virtual reality and interact with real people.

“It will be more progressive,” Gianchandani told indianexpress.com when asked about what would be the physiological impact on consumers when they enter a mall in a virtual space over a local mall they are already familiar with.

Source: https://indianexpress.com/article/technology/tech-news-technology/virtual-mall-metaverse-real-estate-nfts-7776725/

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