Solana launches GeoNFT and Solana dApp Store

2022/11/06 07:20

According to Cointelegraph, during the ecosystem’s annual gathering at Breakpoint 2022 in Libson, Solana made a series of launch announcements as it prepares to go mainstream. Vibhu Norby, the CEO and founder of Solana Spaces further unveiled the Solana Store in Miami, showcasing a walkaround video of people checking out the store. In addition, the CEO revealed that: “Now anyone, anywhere can build their own Solana Store.” While explaining the process of building a Solana store, Norby announced the launch of GeoNFTs — a nonfungible token (NFT) implementation — that allows users to geo-tag an area in their city. He further explained: “If you have a GeoNFT, you can redeem it 1-for-1 with the exclusive rights to open a Solana store in that region.” Gearing up for the Web3 disruption, Solana announced the launch of the Solana dApp Store. During the conference, a Solana spokesperson highlighted the need for a good user experience in Web3. Supporting the cause, Solana’s dApp store promises to do away with charges, revenues and fees. Moreover, the company confirmed with the interested participants that submissions would open january 2023.

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