HyperSpace

Company Overview

Snapshot

Founded in July 2014 by Dor Konforty and Anderson Mccutcheon, HyperSpace operates with 1–10 employees. The company has raised $120K across one funding round. In May 2017, HyperSpace was named a Cool Vendor in Blockchain Applications by Gartner Research Group, highlighting its innovative approach in the blockchain space.

Business overview

HyperSpace is developing a decentralized, blockchain-enabled computation platform designed for various applications, including a user-owned and controlled social network. Its core technology facilitates direct, secure cryptographic connections between users, preventing unauthorized access by external entities. The platform features a “social brain” that optimizes user experience by curating information streams based on user and social circle interests. Content distributors can directly compensate users with AMPs, HyperSpace’s proprietary information flow currency. The company's initial product, WildSpark, focuses on monetizing original content and fostering a fair attention economy. HyperSpace operates within the Business Software sector, specifically targeting Advertising Platforms, e-Commerce Tools, and Digital Content Engagement & Entertainment.

Strategic signal

In November 2018, HyperSpace relaunched its company with a new name and platform, signaling a significant strategic pivot and a renewed focus on its decentralized social media offerings. This relaunch indicates the company's commitment to evolving its technology and market approach, aiming to strengthen its position in the competitive blockchain and decentralized application landscape.

Company Intelligence Q&A

What is HyperSpace's primary offering?

HyperSpace develops a decentralized, blockchain-enabled computation platform that supports applications such as a user-owned and controlled social network, emphasizing secure and private user connections.

When was HyperSpace founded and by whom?

HyperSpace was founded in July 2014 by Dor Konforty and Anderson Mccutcheon.

What was a significant recognition HyperSpace received?

In May 2017, HyperSpace was named a Cool Vendor in Blockchain Applications by the Gartner Research Group, acknowledging its innovative work in the blockchain sector.

What was a key strategic development for HyperSpace in late 2018?

In November 2018, HyperSpace relaunched its company with a new name and platform, indicating a significant strategic shift and evolution of its offerings.

What is WildSpark?

WildSpark is the first tool released by HyperSpace, designed to monetize original content and promote a free and fair attention economy by allowing content distributors to pay users directly.