Hyperspace and Mysten Labs partner to bring next level Web3 Gaming and NFT Trading to Sui Blockchain

New York, USA, 19 May 2023, Chainwire

Hyperspace, the pioneering NFT marketplace and launch pad, today announced a partnership with Mysten Labs, a web3 infrastructure company and original contributor to Sui, a Layer 1 blockchain, to help bring Hyperspace onto the protocol.

As one of the leading open online marketplaces for NFTs, Hyperspace drives transparency and composability in web3 through its full suite of easy-to-use NFT products, allowing users to discover, trade and create NFTs and enjoy new immersive web3 games. Through this strategic partnership with Mysten Labs and expansion to the Sui blockchain, Hyperspace is set to revolutionize the world of web3 gaming and NFT trading, enabling unprecedented experiences for users.

At the heart of this new capability is Sui’s robust horizontal scalability and object-based model, which enables a user-friendly developer experience and enables efficient handling of dynamic NFTs. This groundbreaking feature will serve as a catalyst for creating immersive web3 games, where players can truly own and interact with their in-game assets like never before. While Hyperspace originally launched on the Solana blockchain, and remains steadfastly committed to supporting Solana, expanding to Sui will allow the company to expand its reach and empower even more developers and creators across the web3 ecosystem. Today, Hyperspace also provides NFT indexing and marketplace infrastructure to hundreds of developers on Solana and plans to offer similar services and infrastructure on Sui in an easy-to-use SDK for developers.

“We are thrilled to partner with the talented Mysten Labs team,” said Kamil Mafoud, co-founder at Hyperspace. “This collaboration represents a significant milestone in our journey towards reshaping the web3 landscape. By leveraging the power of Sui’s horizontally scalable infrastructure, we can unlock the true potential of dynamic NFTs, enabling unparalleled experiences for players, creators and enthusiasts. We want to continue to push the boundaries of what is achievable in NFT trading and use.”

“The integration of Hyperspace on Sui will unlock a new era of gaming experiences, characterized by unprecedented interactivity and player-driven economies,” said Evan Cheng, co-founder and CEO of Mysten Labs. “Hyperspace recognizes the value of building for the future of NFT trading and usage, and we are excited that the team will leverage the unique technology that Sui provides for seamless developer and user experiences and fast transaction speeds. The expansion of Sui is a testament to Hyperspace’s dedication to explore innovative solutions for NFT enthusiasts, and we look forward to supporting them as they continue to create new opportunities for NFT developers and collectors.”

“A truly immersive decentralized platform for managing digital assets and games where the user experience is on par with or exceeds that of traditional venues has the potential to bring the benefits of web3 to a whole new, far wider set of users,” said Greg Siourounis, CEO director of the Sui Foundation. “We are really excited to see the Hyperspace team, who have already achieved so much, join the Sui community and leverage Sui’s cutting-edge, highly scalable and high-performance technology to build the next level experience for players and NFT collectors.”

As Hyperspace embraces Sui and its game-changing capabilities, the team reaffirms its commitment to fostering innovation and revolutionizing the NFT space. By expanding its reach and continually pushing the boundaries of what is possible, Hyperspace is leading the way in creating a vibrant and immersive web3 gaming future, providing users with unparalleled opportunities for engagement and ownership.

About Hyperspace

Hyperspace is a multi-chain NFT marketplace, launch platform and developer platform dedicated to driving mass adoption of digital assets. It is backed by Dragonfly, Pantera, Coinbase Ventures and other notable funds. Hyperspace provides an intuitive and seamless platform for creators, developers, collectors and players to trade and interact with NFTs. With a strong focus on innovation and user experience, Hyperspace is committed to shaping the future of NFT trading and usage. Learn more: and

About Mysten Labs

Mysten Labs is a team of leading distributed systems, programming language and cryptography experts, whose founders were senior executives at Meta’s Novi Research and include leading architects of the Diem blockchain and Move programming languages. The mission of Mysten Labs is to create basic infrastructure for web3. Learn more:

About Sui

Sui is a first-of-its-kind Layer 1 blockchain and smart contract platform designed from the ground up to make ownership of digital assets fast, private, secure and accessible to everyone. The object-centric model, based on the Move programming language, enables parallel execution, sub-second finality and rich on-chain assets. With horizontally scalable processing and storage, Sui supports a wide range of applications with unmatched speed at a low cost. Sui is a step-by-step blockchain advancement and a platform for creators and developers to build amazing, user-friendly experiences. Learn more:

Contacts

Co-founder
Kamil Mafoud
Hyperspace
[email protected]
Gasthalter & Co.
Carissa Felger/Sam Cohen
Mysten Labs
[email protected]