Solana Opens First Real-World Store in New York City

Solana opens first store

Solana Spaces has unveiled its first physical store in New York City.

Situated at 20 Hudson Yards, the store is a collaborative effort from the Solana Foundation and several ecosystem partners. It will be open from 10am to 8pm from Monday to Saturday and from 11am to 7pm on Sundays.

Catering to blockchain beginners, the store claims to be “the world’s first retail [and] educational space dedicated to Web3.” Visitors will have access to tutorials, programming services and Solana-based on-chain experiences; they will also have the opportunity to receive “unique rewards” for participating in physical store activities.

A seed phrase booth will allow customers to generate their own Solana Phantom wallets. Multiple NFTs and cryptocurrencies including USDC are unlockable for visitors that go through the offered educational courses on Solana projects.

The store will also feature interactive art installations, a display of Solana’s upcoming Saga phone, crypto “lifestyle” products such as hoodies and t-shirts, and several of the ecosystem’s NFT collections. The store also offers a 50% discount on purchases up to $200 if using the Solana Pay app, and plans to rotate the experiences available to visitors.

While the Hudson Yards store is the only one currently announced, a later Twitter post from the official Solana account hinted that other plans (such as additional physical locations) were also in the works.

Solana Spaces will be the first store of its kind for the crypto space, which up until now has generally favored digital products over physical ones. Other ventures into the physical include a Solana-branded smartphone which the company announced last month. Such developments hint at a broader strategy to expand the Solana brand in the real world as well as the digital.

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what can blockchain do

What Can Blockchain Do?

In many people’s minds, cryptocurrency and blockchain are synonymous with one another. Although closely related, they are not one and the same, and it is

Read More »