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About Hyype
Hyype is a social network and identity layer designed for NFT collectors and artists. Its core business allows users to attach background stories, narratives, and personal context to their NFTs, turning individual tokens into richer, more meaningful items within a community-driven space. The platform also provides public APIs and tools, enabling external websites and apps to display this lore directly alongside NFT collections, which enhances discoverability and engagement.
The main market pain point Hyype addresses is the lack of depth in typical NFT marketplaces, where tokens are often reduced to mere trading assets without context or emotional connection. By adding a storytelling layer, Hyype helps solve the problem of fragmented community interaction and weak identity expression, giving collectors a way to curate and share their collections in a more social and narrative-driven manner.
Regarding development in the past six months (2026-03-07 to 2026-09-07), no reliable or specific public information is available to confirm concrete updates, new features, or milestones during this period. Therefore, a factual assessment of recent progress cannot be provided.
Hyype's key milestones include its $1.5M seed round led by Electric Capital in September 2021, which validated the concept of a social layer for NFT collectors. This was followed by a $2M follow-on round led by Elevation Capital, bringing total funding to $3.5M and attracting strategic angels from Visa and ShareChat, signaling institutional interest in NFT social infrastructure. The platform's Alpha Race launch in late 2021 was another significant step, as it gamified community onboarding by letting 13 NFT collections compete to be the first live on the platform, establishing a community-driven expansion model. Additionally, Hyype's API integration with X.xyz marketplace marked a technical milestone, enabling NFT lore and stories to be displayed across marketplaces, positioning Hyype as a persistent identity and storytelling layer for NFTs beyond its own platform.
Co-founders:
Supriyo Roy: Co-founder & CEO of Hyype. Previously worked at Amazon Alexa Smart Home, Klaviyo, Flipkart, Faasos, Microsoft, and Amazon, with a strong product and technology background.
Scott Lewis: Co-founder of Hyype. Limited public information available; known to have co-founded Hyype with Supriyo Roy, with further career details undisclosed.
Current core executives:
Currently the only confirmed core executive is CEO Supriyo Roy; other roles such as senior product designer are not considered core executives.