Space and Time Labs integrates Cenit Finance, launches ‘Space and Tokens’

Space and Time (SxT) Labs, a company backed by Microsoft’s venture arm M12, announced today that Cenit Finance has officially joined the SxT product suite under a new name: Space and Tokens.

This move further solidifies SxT’s position as a leader in providing verified onchain data solutions for artificial intelligence (AI) and blockchain applications.

Cenit Finance rebrands as Space and Tokens

The rebranding of Cenit Finance to Space and Tokens marks a significant development in the blockchain ecosystem.

Space and Tokens is a sophisticated tokenomics platform designed to assist blockchain protocols in optimizing their token utilities and distribution strategies.

With this integration, protocols can now simulate various tokenomics models, better anticipate market risks, and create detailed analytics and dashboards around their token economies.

These capabilities are powered by SxT’s verified onchain data, enabling more accurate and reliable outcomes.

Carlos Bort, Co-Founder of Cenit Finance and now Head of Web3 Data Solutions at SxT, expressed enthusiasm about the merger. “Joining Space and Time is an exciting opportunity for both Cenit’s customers and our team,” Bort said.

This integration 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 real-time, verified onchain data.

Enhancing the SxT ecosystem

Space and Time Labs is known for its no-code AI Studio, which allows users to generate insights and dashboards related to onchain activity with ease. The addition of Space and Tokens enhances SxT’s already robust ecosystem, offering developers and blockchain projects a comprehensive suite of tools for managing and optimizing token economies.

One of the key innovations driving SxT’s success is its Proof of SQL technology, the first sub-second Zero-Knowledge (ZK) coprocessor that enables trustless data processing at scale.

This technology is crucial for building data-driven smart contracts and AI applications that require high levels of security and speed.

With the inclusion of Space and Tokens, developers can now utilize SxT to create AI-powered apps, design data-driven smart contracts, and manage token economies within a single, unified platform.

The future of tokenomics and blockchain data

SxT’s commitment to advancing blockchain technology through verified data and AI-driven solutions is further strengthened by this integration.

The company aims to provide developers with the tools needed to build and maintain sophisticated blockchain applications that are secure, scalable, and adaptable to changing market conditions.

Looking ahead, SxT plans to continue expanding its product offerings, with a focus on enhancing the capabilities of its AI Studio and onchain analytics tools.

As the blockchain industry evolves, SxT is positioning itself as a key player in the development of secure and efficient blockchain infrastructures.

The post Space and Time Labs integrates Cenit Finance, launches 'Space and Tokens' appeared first on Invezz