To develop the virtual currency ecosystem
Solana Labs, which develops technology related to the crypto asset (virtual currency) Solana (SOL), announced on the 11th that it will open a joint working space in Lower Manhattan, the southern tip of Manhattan, USA.
This working space is available for projects in the Solana ecosystem. Each project team can not only do business, but also hold events. First, Solana Labs, the Solana Foundation, and New York City policy makers will host an opening event.
The working space spans four floors and is 25,000 square feet (approximately 2,320 m²). Three of the four floors will be used for Solana-related projects. Each team will be able to rent the space free of charge if they apply for use and are certified.
At the launch event, New York-based Solana-related companies will be demonstrating their products. In addition, it will be possible to experience Solana Pay, blockchain games, NFT reception, etc.
connection: “NFT as a national growth strategy” Interview with Liberal Democratic Party Digital Society Promotion Headquarters Masaaki Taira
Members of Phantom and Blockchain Association also attended the event. It is said that the works of NFT artists will be exhibited at the venue.
Solana Labs co-founder Raj Gokal had the following to say about the announcement:
The creation of this working space reflects our intention to foster the cryptocurrency ecosystem in New York.
While many people avoid having an office, we strive to give early entrepreneurs a place to work and collaborate.
Also, Matthew Fraser, Chief Technology Officer of the New York City Government, commented below.
As the epicenter of the new tech world, New York City is committed to creating an environment in which Web3 companies can grow and innovate. Web3 technology will be a boon to New Yorkers.
I welcome the Solana community and look forward to working together in the future.
The announcement does not include a specific schedule, but according to the cryptocurrency media “Decrypt”, it seems that the store will actually open after the announcement.
Greatest City in the World
Solana NYC is lit https://t.co/J5vTzjDmsF pic.twitter.com/u74mAtGG2S
— Austin Federa (@Austin_Federa) May 11, 2023
What is Web3
Also known as the “Next Generation Internet,” it refers to a decentralized network based on blockchain. Specifically, it includes NFT and virtual currency.
The early Internet, in which the flow of information was one-way, is called “Web1”, and the current centralized Internet is called “Web2”.
official store closed
For Solana, an official store opened in New York City in July 2022. The name of this physical store is “Solana Spaces”. As a space for retail and education, the main purpose was for people who visited the store to directly experience Solana-based NFT and Web3 related technologies.
connection: Solana Spaces, Solana’s physical store opens in NY
In February of this year, it was announced that Solana Spaces in New York City and Miami would close at the end of the month.
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…
—DRiP 💧 (@drip_haus) February 21, 2023
connection: Solana’s Web3 smartphone “Saga”, product shipment start