Web3 Physical store Solana Spaces is slated for a massive 10 store expansion in 2023. Following the opening of its first store in July 2022, the retailer plans to add London, Los Angeles and New Delhi as new store locations. The store is a Solana themed access point to all things Web3. The store provides education about crypto merchandise and emerging technology. Read on to learn more about Solana Space.
Since the opening of Solana Space’s first New York City branch, it has helped push Web3’s envelope further. The store is located in Manhattan’s Hudson Yards Mall. The store has already welcomed over 30,000 visitors and garnered over 10,000 people via web3 tutorials. Founder Vibhu Norbi said the store will have a potential reach of around 200,000 people next year.
“It is our bet that Solana will change the way we retail. The next franchising business can be built on top of NFTs,” Norby said at the Breakpoint 2022 event in Lisbon. The store also aims to become the world’s first open source retailer. For 2023, they expect the Solana ecosystem to include more than 70,000 people. SpacesDAO, the popular Web3 infrastructure group, also supports each of these locations. The DAO (Digital Autonomous Organization) is offering $500,000 in capital, architectural plans, fixture specs, software and monetization tools to build the project.
The project owner also claimed to have “signed commitments from around the world”. Furthermore, following the recent FTX Marketplace fraud, the retailer has announced the termination of its partnership with the platform.
This news is published and verified by the NFT News media team.
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