Solana Spaces shuts stores seven months after opening its first physical location. However, the company has already made plans to continue engaging with the community. Solana Spaces, the Web3 onboarding experience that aimed to bring people to Solana through its retail stores, has announced that it will shut down its stores in New York and […]
Solana Spaces was founded just over a year ago, and its startup costs were funded by theFoundation. Norby expressed his gratitude to the foundation for sponsoring Solana Spaces over the last year. The team hosted nearly 75,000 people in its stores and helped thousands walk away with Phantom wallets and Solana merch.
According to the founder, the mission of Solana Spaces was to experiment with new and disruptive models to bring people to Web3 and to serve the community on behalf of the Solana Foundation. Norby further said: “The Solana Spaces team was the greatest startup retail team ever assembled, and we executed at the highest of levels.”
He added that in just eight months, the team designed a Web3 onboarding experience from scratch, in multiple cities, with its own merch, 30 collaborations, Spaces DAO, its own software, DRiP, and numerous experiments. The company plans to continue engaging with the community in two ways. First, with Spaces DAO, the company plans to continue supporting the mission for Solana all over the world by open-sourcing both the software that powered Spaces and the brand. Second, the company is in the process of identifying a place for people to pick up Solana merchandise and take part in other IRL activities.shows that SOL has tanked over 7% since the news came out. SOL was trading at $23.39 at press time.
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