- Solana to close down all of their stores located in New York City and Miami.
- SOL will be transitioning to a more digitally-oriented focus, with an emphasis on NFTs.
Solana, an international retail clothing company, has recently announced their plans to close down all of their stores located in the bustling cities of New York City and Miami. This shocking news has come as a surprise to many customers who have been loyal to the brand for years.Solana is determined to continue providing its customers with high-quality fashion at affordable prices.
They are shifting their focus to their online store and expanding their product lineup in order to remain competitive in the ever-changing retail market. While it’s unfortunate that they will no longer be available in physical locations in these two major cities, they hope that this change will help them remain a leader in stylish and affordable fashion for years to come.
The company recently announced that it will be transitioning to a more digitally-oriented focus, with an emphasis on Non-Fungible Tokens (NFTs). As part of this effort to modernize, the company will be closing all of its locations in New York City and Miami by the end of February 2023.
In response to this announcement, CEO Vibhu Norby took to Twitter to address the community. He said “We’ve had to make an extremely difficult decision to cease operations at our stores in NYC and Miami come February 2023. We are pivoting our onboarding efforts into digital products such as DRiP, our free NFT product which already has over 100k sign-ups.”
How does Solana Spaces plan to move forward?
Since launching the first Solana Space store at New York City’s Hudson Yards in July 2022, CEO Noby and his team have been hard at work to continually provide visitors with interactive modules to learn the various functionalities of the Solana blockchain, from setting up a crypto wallet to trading crypto on a decentralized exchange.
August of that same year saw the opening of a second shop in Wynwood district, Miami – an exciting creative and cultural hub.
Noby announced the end of their physical locations. Above all he revealed that they would be open-sourcing both their software and brand for members of their community. To celebrate this milestone, he invited them to visit either store for one last week for free merchandise, giveaways, and discounts an amazing opportunity for all those interested in learning more about Solana blockchain.
