Hyperspace Partners with Mysten Labs to Revolutionize Web3 Gaming and NFT Trading

Hyperspace Partners with Mysten Labs to Revolutionize Web3 Gaming and NFT Trading

Time Stamp: May 18, 2023 10:03 PM
Source Node: 2663551

Hyperspace, the renowned NFT marketplace and launchpad, has announced a strategic partnership with Mysten Labs, a web3 infrastructure company and original contributor to Sui, a Layer 1 blockchain. This collaboration aims to bring Hyperspace onto the Sui protocol and revolutionize the world of web3 gaming and NFT trading.

As a leading open web marketplace for NFTs, Hyperspace is committed to driving openness and composability in web3. Its user-friendly suite of NFT products empowers users to discover, trade, and mint NFTs, as well as indulge in immersive web3 games.

By partnering with Mysten Labs and expanding onto the Sui blockchain, Hyperspace is poised to deliver unparalleled experiences for its users.

The cornerstone of this partnership lies in Sui’s robust horizontal scalability and object-based model, which facilitates an easy-to-use developer experience and efficient handling of dynamic NFTs.

This breakthrough feature will act as a catalyst for the creation of immersive web3 games, where players can truly own and interact with their in-game assets like never before.

While Hyperspace initially launched on the Solana blockchain and remains dedicated to supporting it, the expansion onto Sui will broaden the company’s reach and empower developers and creators across the web3 ecosystem. Hyperspace currently provides NFT indexing and marketplace infrastructure to numerous developers on Solana and plans to offer similar services and infrastructure on Sui through an easy-to-use SDK for developers.

Kamil Mafoud, Co-founder at Hyperspace, said: “By harnessing the power of Sui’s horizontally scalable infrastructure, we can unlock the true potential of dynamic NFTs, enabling unparalleled experiences for gamers, creators, and enthusiasts.”

Evan Cheng, co-founder and CEO of Mysten Labs, emphasized the transformative impact of integrating Hyperspace on Sui. He stated, “The integration of Hyperspace on Sui will unlock a new era of gaming experiences, characterized by unprecedented interactivity and player-driven economies.”

Evan pointed out that Hyperspace recognizes the value of building for the future of NFT trading and utilization. “We are excited that the team will be leveraging the unique technology that Sui provides for seamless developer and user experiences and rapid transaction speeds.”

“The expansion onto Sui is a testament to Hyperspace’s dedication to exploring innovative solutions for NFT enthusiasts, and we can’t wait to support them as they continue to create new opportunities for NFT developers and collectors,” Evan added.

Greg Siourounis, Managing Director of the Sui Foundation, said: “A truly immersive decentralized platform for managing digital assets and gaming, where the user experience is on par with or exceeds those in traditional venues, has the potential to bring the benefits of web3 to an entirely new, far broader set of users. We are truly excited to see the Hyperspace team, which has already accomplished so much, joining the Sui community and leveraging Sui’s groundbreaking, highly scalable, and performant technology to build the next-level experience for gamers and NFT collectors.”

With Hyperspace embracing Sui and its game-changing capabilities, the team reaffirms its commitment to fostering innovation and revolutionizing the NFT space. By expanding its reach and continuously pushing the boundaries of what is possible, Hyperspace is at the forefront of creating a vibrant and immersive web3 gaming future. This dedication provides users with unparalleled opportunities for engagement and ownership in the rapidly evolving world of NFTs.

Read Also: Mysten Labs and Ethos Partner to Reinvent the Crypto Wallet Experience on Sui Blockchain

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