If you’re seeking signs about the future of retail, San Francisco’s Hayes Valley is as good a place to look as any. A neighborhood rule banning chain stores with more than 11 outlets means that the kinds of businesses that open there tend to be local boutiques, pop-ups for hype-beasts, or brick-and-mortar outposts of already-ubiquitous online brands, like Allbirds, the slip-on shoe purveyor once infamously favored by techies, and Warby Parker, the millennial eyewear mecca.
A few weeks ago, new signs appeared covering one such coveted Hayes Valley storefront. They explained that soon, something called the DeStore “STORE_0” will open. It will be owned collectively by members of a so-called decentralized autonomous organization. These entities are like crypto’s version of companies, with ownership represented not by an equity stake but through crypto tokens.
On a recent Friday afternoon, DeStore’s 21-year-old co-founder and CEO Itsuki Daito let me into the space and explained his...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...