Participation time: May 6, 2025, 08:00 (GMT+8)
Participation method: Lock BNB, FDUSD or USDC to the SXT reward pool activity for two days on the Binance Launchpool page
Airdrop scale: Distributing 125 million SXT (accounting for 2.5% of total supply), with an initial circulation of 1.4 billion SXT (accounting for 28% of total supply).
Launch time: May 8, 2025, 21:00 (GMT+8).
Brief introduction to SXT
Space and Time is a decentralized data warehouse and verifiable computing platform focused on providing efficient and trusted data processing capabilities for smart contracts, decentralized applications (dApps), and enterprises. SXT uses its core technology, Proof of SQL (a zero-knowledge proof system optimized for SQL queries), to verify the correctness of large-scale data queries at sub-second speeds, integrating on-chain (e.g., blockchain transactions, events) and off-chain (e.g., APIs, databases) data, breaking down data silos and providing real-time, trusted data infrastructure for the Web3 ecosystem.
SXT's mission is to promote the integration of blockchain and AI, addressing the historic challenge of smart contracts being unable to efficiently handle complex data. Its platform supports multi-chain data indexing (e.g., Ethereum, Polygon, Sui) and achieves decentralized verification and settlement through SXT Chain (a Substrate-based blockchain). SXT is supported by institutions such as Microsoft M12 and Framework Ventures, and has become an important infrastructure for DeFi, AI, and enterprise-level data analytics.
Core technology of SXT
Features include: Proof of SQL utilizes sub-second zero-knowledge proofs (ZK) to verify SQL query results, efficiently supporting complex data processing and being compatible with mainstream databases; the decentralized data warehouse adopts HTAP architecture, integrating multi-chain and off-chain data through GPU acceleration, supporting PB-level encrypted storage and high-throughput queries; SXT Chain is a blockchain based on Substrate, combining BFT consensus and threshold signatures to ensure decentralized verification and data security; developer tools integrated with AI provide web interfaces, APIs, SDKs, and AI tools for converting natural language to SQL, lowering development barriers, and incentivizing data sharing through a data marketplace. These technologies collectively create an efficient, trusted, and user-friendly Web3 data platform.
Financing situation
Financing situation: Space and Time has completed multiple rounds of financing, totaling $50 million, with a valuation of approximately $300 million.
September 2022 (Seed round): Financing amount of $20 million, led by Framework Ventures, with participation from M12 (Microsoft Ventures), Coinbase Ventures, HashKey Capital, and others.
July 2023 (Series A): Financing amount of $30 million, led by Arrington Capital and Framework Ventures, with follow-up investments from M12, DCG, Samsung Next, and others.
Angel investors: Including industry leaders such as Chainlink Labs and Polygon Labs.
Ecosystem support:
SXT has collaborated with multiple Web3 projects and enterprises, including Chainlink (Proof of SQL verifier integration), Polygon (supporting on-chain data indexing), and Sui Network (ecosystem partner).
In February 2024, the Web3 marketing automation platform Blaze migrated from Snowflake to SXT, enhancing its decentralized data analysis capabilities.
In May 2025, Chainlink announced a partnership with SXT to launch a community incentive program, with an initial allocation of 100 million SXT tokens to encourage community participation.
Summary
Space and Time is a revolutionary decentralized data platform that provides efficient and trusted data processing capabilities for the Web3 ecosystem through its Proof of SQL technology and SXT Chain. Its modular architecture, multi-chain indexing, and on-chain/off-chain data integration solve blockchain data silos and trust issues, making it suitable for scenarios such as DeFi, AI, NFTs, gaming, and enterprise-level analytics.
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