What is Hyperspace? Hyperspace is an NFT Marketplace platform that offers multiple features to help users buy, sell and trade NFTs on a single platform. Let’s find out what is special about this project with Weakhand in this article.
Before jumping into the article, everyone can refer to some of the following projects to gain more knowledge about the NFT Marketplace market.
- What is OpenSea? OpenSea cryptocurrency overview
- What is MagicEden? MagicEden cryptocurrency overview
- What is Blur? Blur cryptocurrency overview
- What is Tessera? Overview of Tessera cryptocurrency
What is Hyperspace?
Overview of Hyperspace
Hyperspace is an NFT Marketplace platform deployed on Solana. Hyperspace offers the following products that help users buy, sell and trade NFTs on a single platform:
- Marketplace: Hyperspace launches the NFT Marketplace Aggregator product that allows users to trade NFTs across all major markets by interacting directly on-chain. So even if a market crashes, users can still maintain access to the smart contract the NFT is listed on to make transactions. Currently, Hyperspace is aggregating NFT data from more than 15 different exchanges such as: Magic Eden, OpenSea, SolanaArt, Grape,…
- Launchpad: Hyperspace works closely with project creators to launch new NFT projects.
- Analytics: Hyperspace provides tools that help users quickly monitor and analyze trends across different NFT projects.
- Upcoming Drops: Helps users keep track of upcoming projects every day on Solana.
What is Hyperspace?
What is the Hyperspace difference?
Hyperspace implements a Non-escrow feature that allows users to list NFTs on Hyperspace while keeping the NFT in their wallet until it is sold. So users can still enjoy some of the utility of NFTs until they completely leave the wallet.
Additionally, Hyperspace applies low fees with no listing fees, 0% buyer fees, and 1% seller fees for all NFT transactions on its platform. This helps users save costs and can comfortably trade NFTs on the Hyperspace platform.
Core Team
Santhosh Narayan : Co Founder
- He graduated with a bachelor’s degree in computer science from the Massachusetts Institute of Technology.
- He has worked at CloudKichens in the role of Product Growth & Strategy since June 2020.
- In August 2021, he quit his job and joined Hyperspace as Co Founder.
Kamil Mafoud : Co Founder
- He graduated with a bachelor of science, management science from the Massachusetts Institute of Technology.
- He has worked at Morgan Stanley as Investment Banking Analyst since July 2016.
- In July 2018, he quit his job and then joined Dealtorch and Green Witch for a short period of time.
- In January 2020, he joined CloudKichens as head of business operations.
- In August 2021, he became Co Founder at Hyperspace.
Johnny T : Co Founder
- He graduated with a master’s degree in computer science from Georgia Institute of Technology.
- He has worked at Moody’s Analytics since 2016 as a Software Engineer.
- He then moved to work at Amazon Web Service as a Software Engineer from 2020.
- By October 2021, he became Co Founder at Hyperspace.
Investor
February 15, 2022: Hyperspace announced a successful $4.5M fundraising led by Dragonfly and Pantera Capital. There is also the participation of other investment funds such as: Jump Capital, Solana Capital, NFX, Galaxy Digital, Coinbase Ventures, ….
Tokenomics
Update…
Information Channel of Hyperspace Project
summary
Hyperspace offers various features that help users conveniently trade NFTs on a single platform. Hopefully the information I provide in this article has helped people gain interesting knowledge about Hyperspace.
