The problem HYPERSPACE solves

Hyperspace provides a protocol for peers to rent and host GPU services, and convert their idle time into cash.
Hyperspace uses Bitcoin lightning network to settle transactions within a few seconds.
Hyperspaces does not require sign up. It is so easy even your grandma can set up. Anyone with a GPU can plug themselves in the protocol and get started.
Turn middleman costs to 0%, as the protocol is open to everyone and no static IP address is required.

Challenges we ran into

Operating a peer-to-peer global database that stays always up to date is a BIG task. We are addressing it using Autobase, which compiles all local databases into the global database automatically.
After the payment is confirmed, how does a user access the GPU/serverless? We solved this issue by using holesail.io
Finding a Payment gateway that allows you to transact every few minutes which no or minimal fee was a big challenge, that is why we are now using bitcoin lightning protocol.