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Solana Spaces will Close New York and Miami Stores 7 Months After Opening

Solana Spaces will close down its two Solana-themed, community-oriented retail stores in New York City and Miami at the end of the month, as the physical stores didn’t onboard as many users as initially anticipated. Solana Spaces tweeted the news on Feb. 21, sharing a note from founder Vibhu Norby explaining the reasons behind the store shutdowns. Norby — who founded Solana Spaces in early 2022 — explained that the company reached an “inflexion point” with the stores, prompting them to shift its investment focus to “DRiP,” the firm’s new nonfungible token artwork airdrop platform. (Cointelegraph)

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