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Home»Blockchain»Solana installs the first physical store and the Web3 embassy in New York
Blockchain

Solana installs the first physical store and the Web3 embassy in New York

July 30, 2022No Comments3 Mins Read
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To publicize Web3, Solana opens the first physical store in the Hudson Yards neighborhood of New York. It is Solana’s large-scale blockchain project which plans to open a physical store. Visitors can purchase learning materials, blockchain activities, and Solana-based products like NFT at the store. As a result, you will be able to learn more about Web3 and how Solana works.

They will also give you a wallet, your first NFTs, and instructions for making your first on-chain transactions. The Solana Foundation is sponsoring the opening of the new store, Solana Spaces, at Hudson Yards. According to Solana Spaces, the store will serve as a “cultural center” or “embassy” for Solana, the ninth most valuable cryptocurrency in the world based on market value.

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Solana sets up the first physical Web3 store

Solana Spaces is the name of the physical store about to open in New York’s Hudson Yards for the massive Solana blockchain project. The official opening of the first store, located at 20 Hudson Yards in New York City, was announced Thursday.

The Solana Foundation and many ecosystem partners collaborated to create the store, which is open from 10 a.m. to 8 p.m. Monday to Saturday and 11 a.m. to 7 p.m. on Sunday. It bills itself as “the world’s first retail [and] educational space dedicated to Web3” and serves as a resource for those who are not familiar with blockchain technology. Additionally, visitors can access Solana-based lessons, programming services, and channel experiences and receive “special prizes” for participating in real-world store activities.

Users can create their own Solana Phantom wallets using a seed phrase booth. The store will also include interactive art exhibits, a display of Solana’s upcoming Saga phone, crypto “lifestyle” items such as sweatshirts and t-shirts, and a selection of ecosystem NFT collections. .

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Solana Spaces: creating an ecosystem

Solana Spaces will be the first retailer of its kind in a sector of the cryptocurrency market that has always favored digital over physical goods. Last month, the company unveiled a smartphone under the Solana brand. With this, the platform hopes to improve the capability and accessibility of Web3.

According to Anatoly Yakovenko, co-founder of Solana and CEO of Solana Labs, the company decided to enter the smartphone market as current companies are not introducing any new advancements.

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Solana Pricing Table

Solana (SOL) and Tokenomics Pricing Review

The current price of Solana is $42.39, with a 24-hour trading volume of $2 billion. Solana is down 1% in the past 24 hours. CoinMarketCap currently ranks 9th, with a live market cap of $14.6 billion. The circulating supply is 346027344 SOL coins, and the maximum supply is unknown.

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