Hyperspace

Hyperspace

Marketplace for buying and selling Solana NFTs

About

Hyperspace focuses on the Solana blockchain and the NFT market, providing a platform for buying, selling, and discovering unique digital assets. Users can explore various listings aggregated from multiple marketplaces, making it easier to find valuable NFTs and track new releases. The platform benefits from the speed and low transaction costs of Solana, enhancing the trading experience for NFT collectors, investors, and creators. Unlike competitors, Hyperspace emphasizes community involvement and user feedback during its beta phase. The company's goal is to simplify NFT trading and create a comprehensive resource for the Solana NFT community, generating revenue through transaction fees on sales.

Company Stage

Seed

Employees

1-10

Industries

Crypto & Web3, Consumer Goods

Total Funding

$4.4M

Headquarters

New York City, New York

Founded

2021


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Simplify's Take

What believers are saying

  • 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.

What critics are saying

  • 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.

What makes Hyperspace unique

  • 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.

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