Solana Foundation Opens Onchain Gift Store Ahead of Holiday Season

With the holiday season just around the corner, the Solana Foundation has come up with a festive new utility for your magic internet money.

From December 5-12, the Solana Foundation opens the doors to the Onchain Holiday gift store - a Solana-powered webstore that enables network participants to spend their stablecoins and memecoins on merchandise from dozens of internationally recognized brands.

The Onchain Holiday gift store will be stocked with over 50 products, including:

• Discounted Solana Seeker mobile phones

• Merchandise from Nocta, a Drake X Nike collab 

• Kate Hudson’s Skincare Kit, from Symbiome

• Four Sigmatic organic coffee

• Rugs (the good kind) from Babaee

• Underwear from Culprit

• KROST Menswear

• Sexual health and wellness products from Christina Aguilera’s Playground

• Menswear Made in America by Jock Willink’s Origin

• Further surprises in store…

Onchain Holiday to Showcase Solana’s Unique Features

Beyond providing a fun way of bringing tangible utility to Solana’s memecoins and stablecoins, the Foundation’s Onchain Holiday highlights the network’s industry-leading features and infrastructure.

The Onchain Holiday gift store is powered by Solana Blinks, an innovative technology that permits Solana transactions to be integrated into any site on the internet. 

[https://www.youtube.com/watch?v=m_feBl0ROik]

Additionally, Onchain Holiday leverages Helio’s Solana Pay x Shopify Plugin, which facilitates simplified crypto payments for ecommerce businesses.

With the rollout of Onchain Holiday, the Solana Foundation is demonstrating the transformative power of crypto assets and blockchain technology. Championing the network’s accessibility, Solana Foundation Head of Loyalty Josh Fried contends that Onchain Holiday will help bring crypto into the real world.

“Crypto has been ‘magical internet money’ for so long, it’s easy to forget how transformative it is. With Onchain Holiday, users will be able to spend money that has been sitting in their crypto wallets to purchase gifts for loved ones. On the flip side, retailers will experience the ease of accepting Solana-based payments and participate in the future of ecommerce.” - Josh Fried, Head of Loyalty at the Solana Foundation

Against a backdrop of improving regulatory circumstances for the crypto space, Solana has cemented itself as an industry leader for real-world applications. Solana now boasts widespread decentralized infrastructure networks, purposeful consumer apps, and viral fan loyalty programs that rival traditional platforms.

In the true spirit of the festive period, Onchain Holiday highlights the diminishing gap between Web2 and Web3, reminding us that the connections between onchain markets and the real world are closer than we think.

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[https://www.youtube.com/watch?v=59YzY4raDpo]