Solana announces the closure of two stores in the United States

The decision was made amid a lack of customer interest in physical stores

22.02.2023 - 11:25

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2 min

What’s new? Solana Spaces founder Vibhu Norby announced the closure of two physical stores in the United States by the end of February. The first was opened last year in a New York City mall, and the second in Wynwood, Miami. According to Norby, the main reason for the physical locations closing was a lack of buyers.

The following is a note from our founder, @vibhu.Dear @solanaspaces community,We’ve made the difficult decision to sunset our stores in NYC and Miami by the end of February, and to pivot our Solana onboarding efforts into digital products like DRiP, our free NFT product with… https://t.co/kjNu9Ay4Gk — Solana Spaces (@solanaspaces) February 21, 2023

What else is known? Since opening, about 75 000 people have visited the stores, thousands of whom have bought Phantom wallets and Solana merchandise. Because of this, the decision has been made to redirect efforts to other products, particularly the NFT project DRiP with more than 100 000 members.

While physical stores serve 500 to 1000 people a week, DRiP serves that number of people daily, Norby stresses. The team will soon reveal more details about DRiP’s growth plans, including the rebranding of the Twitter account.

Until the closing time, customers can come into the stores and get some of the merchandise and accessories for free.

Earlier, Solana announced the shipping of the Web 3.0-focused smartphone Saga in 33 countries with a pre-order price of $1000. The company noted that the device will allow one to “trade tokens while waiting in line for coffee, mint NFTs on your morning commute, and have instant access to the dApps you love most, anywhere, anytime.”

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