Solana Spaces has announced that it has decided to close its New York and Miami stores in line with the report it has published.
Solana Spaces founder Vibhu Norby reported that the decision to close its New York and Miami stores has been made. Norby stated that the reasons for the closure of the stores were that the business remained below expectations.
Big Decision from Solana Spaces: New York and Miami Stores to be Closed!
Norby, the founder of Solana Spaces, stated that the stores with branches in New York and Miami will end their operations as they cannot deliver what is expected by the company. Norby added that the plan for Solana Spaces’ New York and Miami branches was “to get more people into the Solana (SOL) ecosystem.”
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… https://t.co/kjNu9Ay4Gk
— Solana Spaces (@solanaspaces) February 21, 2023
Solana Spaces shared on social media that its New York and Miami-based stores would be closed. Norby shared a note explaining the reasons for the stores to be closed. Norby, who founded Solana Spaces in early 2022, stated that he would attach importance to the future plans of the company, the expectations of the stores and the data about the stores.
It was among the projects that suffered a lot in SOL with the FTX crisis last year. After the crisis, LEFT-sided problems started to grow. The problems experienced on the left side in the past do not show their effects from time to time.
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