Hyperspace

Marketplace for buying and selling Solana NFTs

New York City, New York, United States

About Hyperspace

Hyperspace focuses on the Solana blockchain and the NFT (Non-Fungible Token) market, providing a platform for buying, selling, and discovering unique digital assets like digital art and collectibles. The platform aggregates listings from various marketplaces, allowing users to find the best deals and track new NFT releases, making it easier to discover valuable items. Hyperspace operates on the Solana network, which is known for its speed and low transaction costs, enhancing the user experience. Unlike many competitors, Hyperspace is community-driven and currently in beta, encouraging user feedback to refine its services. The company's goal is to simplify the NFT trading experience and become the primary platform for Solana NFTs, generating revenue through transaction fees on sales.

New York City, New YorkHeadquarters
2021Year Founded
$4.4MTotal Funding
SEEDCompany Stage
Crypto & Web3, Consumer GoodsIndustries
1-10Employees

Risks

Magic Eden's switch to a non-escrow system may increase competition.
New NFT projects like y00ts could divert attention from Hyperspace.
Brand confusion with Dubai-based HyperSpace may affect market share.

Differentiation

Hyperspace aggregates NFT listings across all marketplaces on the Solana network.
The platform offers a comprehensive NFT trading experience with low transaction fees.
Hyperspace is community-driven, focusing on user feedback to improve its services.

Upsides

Growing interest in Solana NFTs boosts Hyperspace's potential user base.
Magic Eden's criticism opens opportunities for Hyperspace to attract dissatisfied users.
Solana's low transaction costs and speed enhance Hyperspace's competitive edge.

Funding