Solana to launch a physical store and a Web3 "Cultural Center" in New York

The Solana Foundation and Solana Spaces have partnered to build the store where customers can learn more about Web3 and purchase Solana products.

Jul 29, 2022
by Anvi Saini
Solana to launch a physical store and a Web3 "Cultural Center" in New York
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In partnership with the Solana Foundation, the non-profit organization that created the blockchain, Solana is building a physical retail location in New York City.

The Solana-themed store is called Solana Spaces, and it is situated in Hudson Yards. Furthermore, the team has announced Magic Eden, the top Solana NFT marketplace, as a launch partner to deliver NFT collections, to the store including the well-known Degenerate Ape Academy.

Solana Spaces: What’s in for customers?

The store wants to be “everyone’s first crypto friend.” On July 15, it tweeted: “Inside, you’ll learn how Solana works, what Web3 is. We’ll set you up with a wallet and your first NFTs, and guide you through your first on-chain transactions.” It also said that Spaces was designed to be a cultural centre and embassy for Solana.

In addition to Phantom wallet setup and Web3 onboarding, Spaces will also host an interactive art exhibit and provide Solana-branded apparel with keywords like "degen" and "WAGMI" imprinted on it.

Sweaters, caps, socks, and limited-edition Blank soles sneakers are among the Solana-branded apparel items. Consumers that used Solana Pay to pay for their purchases received a 50% discount on their invoices.

Also, there are tutorials for the Magic Eden, STEPN, and move-to-earn apps. The blockchain's Web3 phone, Solana Saga, is also available for viewing by visitors.

This past weekend, Solana Spaces gave a select group of thirty guests a sneak peek of the store before it officially opens to the public. However, Solana has yet to announce Spaces' formal grand opening date.

Scott Lewis, the founder of Genie and vice president of product for Uniswap, tweeted about the store's popularity on social media.

Solana is presently one of the top 10 largest cryptocurrencies by market capitalization, despite its notoriety for frequent network outages. Due to its high speeds, little congestion, and inexpensive costs, it has acquired substantial popularity and a growing user base over the past year.

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