Cenit Finance Joins Space and Time Product Suite as ‘Space and Tokens’
Los Angeles, CA, August 20, 2024–Space and Time (SxT) Labs, the Microsoft M12-backed company building the verifiable compute layer for AI and blockchain, today announced that Cenit Finance is joining the SxT product suite, rebranding as ‘Space and Tokens.’
Space and Tokens is a cutting-edge tokenomics platform designed to help protocols optimize their token utilities and distribution strategies. With this integration, protocols can simulate tokenomics, better anticipate token performance and market risks, and build comprehensive analytics and dashboards around their token economy, all powered by SxT's verified onchain data.
SxT is already a market leader for onchain analytics, providing a no-code AI Studio that allows users to easily generate insights and dashboards around onchain activity. The addition of Space and Tokens provides the SxT ecosystem with more precise tools for managing and optimizing token economies.
“Joining Space and Time is an exciting opportunity for both Cenit’s customers and our team,” said Carlos Bort, Co-Founder of Cenit Finance and now Head of Web3 Data Solutions at SxT. “From the customer’s perspective, it allows us to enhance our tokenomics simulator by leveraging SxT's decentralized database of high-quality onchain interactions to create better simulations. We envision a future where tokenomics can be continuously monitored, adjusted, and improved using realtime, verified onchain data. From our team’s perspective, as passionate data nerds, we’re thrilled to join one of the leading players in the blockchain data space. We’re eager to apply our AI capabilities and data expertise to SxT’s stack.”
SxT allows developers to build data-driven smart contracts powered by Proof of SQL, the first sub-second ZK coprocessor that enables trustless data processing at scale. Additionally, SxT's AI Studio simplifies the process of building onchain applications. With the integration of Space and Tokens, developers can now use SxT to build AI apps, data-driven smart contracts, and sophisticated token economies—all within a unified, verified platform.
About Space and Time
Space and Time (SxT) is the verifiable compute layer for AI x blockchain that joins tamperproof onchain and offchain data to deliver enterprise use cases to smart contracts and LLMs. SxT has developed a novel cryptography called Proof of SQL that allows developers to connect analytics directly to smart contracts, opening up a wealth of powerful new use cases and business logic on blockchain technology. SxT is built from the ground up as a multichain data platform for developers in financial services, gaming, DeFi, or any project requiring verifiable data across enterprise, blockchain and AI.
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