We have investigated the spin dynamics in the bilayered perovskite Sr3Ru2O7 as a function of magnetic field and temperature using 17O-NMR. This system sits close to a metamagnetic quantum critical point (MMQCP) for the field perpendicular to the ruthenium oxide planes. We confirm Fermi-liquid behavior at low temperatures except for a narrow field region close to the MMQCP. The nuclear spin-lattice relaxation rate divided by temperature 1/T1T is enhanced on approaching the metamagnetic critical field of 7.9 T and at the critical field 1/T1T continues to increase and does not show Fermi- liquid behavior down to 0.3 K. The temperature dependence of T1T in this region suggests the critical temperature Theta to be 0 K, which is a strong evidence that the spin dynamics possesses a quantum critical character. Comparison between uniform susceptibility and 1/T1T reveals that antiferromagnetic fluctuations instead of two-dimensional ferromagnetic fluctuations dominate the spin fluctuation spectrum at the critical field, which is unexpected for itinerant metamagnetism.