1. Definition of SXT coin
SXT (Space and Time) is the native token of the Space and Time network, which is the first decentralized database in the cryptocurrency world relying on zero-knowledge proof (ZK-Proofs) and SQL proof technologies to ensure data integrity and verifiability. This network aims to bridge the gap between traditional data systems (Web2) and the blockchain world (Web3), enabling developers to build complex applications based on reliable data without the need for central intermediaries.
2. Importance of SXT coin
* Solution
The data problem in smart contracts:
Smart contracts face limitations in accessing external data or processing complex queries. This is where SXT comes in, providing Proof of SQL technology that allows for the execution of complex database queries off-chain, with cryptographic proofs (ZK-Proofs) verified on-chain. This gives smart contracts unprecedented ability to interact with real and secure data.
* Integration between Web2 and Web3:
Through the Infinite Tables feature, the network connects traditional data (such as financial records) and blockchain data in a single decentralized system. This opens the door for hybrid applications, such as smart lending platforms that verify users' income through external data while reviewing their activity on DeFi networks.
3. Security and decentralization:
The network relies on a network of validators who stake SXT tokens to participate in securing the data. Data is collected from multiple sources, classified into protected tables, and then cryptographic commitments are produced that serve as the basis for all queries. This model ensures Byzantine fault tolerance and maintains transparency.
4. Strong institutional and technical support:
The project is supported by tech giant Microsoft through its Azure cloud platform, along with investments from major funds like HashKey and Framework Ventures. It also had an early listing on the Binance Launchpool, where 125 million SXT tokens were distributed as rewards for participants, enhancing the crypto community's trust in the project.
5. Wide-ranging applications:
- Decentralized Finance (DeFi): Big data analytics for the development of smarter lending protocols.
- Digital gaming: Managing complex states and distributing rewards based on player performance.
- Dynamic non-fungible tokens (NFTs): Updating NFT properties based on users' temporal data.
- Governance systems: Ensuring transparency of voting processes across multiple chains
The tokenomics of SXT
- Total supply: 5 billion tokens, with 51.7% allocated to community stakeholders to ensure network decentralization.
- Token uses:
- Securing the network through staking.
- Paying service usage fees (such as SQL queries).
- Participation in decentralized governance.
6. Technical innovation and core utility
- Decentralized database supported by ZK-Proofs technology: SXT is the first project to integrate traditional databases with blockchain technologies through a SQL proof system, allowing for complex queries on the data while ensuring its validity through cryptographic proofs (ZK-Proofs). This enables smart contracts to securely rely on external data without the need for intermediaries.
- Integration between Web2 and Web3: The Infinite Tables feature allows linking traditional data (such as bank accounts) with blockchain data, opening up possibilities for hybrid applications in areas like decentralized finance (DeFi) and dynamic gaming.
7. Institutional support and partnerships
- Microsoft support: The project is technically and financially backed by Microsoft through its Azure cloud platform, enhancing its credibility and scalability.
- Funding and marketing from Binance: The Binance platform allocated $75 million for marketing campaigns to support SXT, including $25 million immediately after listing and $50 million after 6 months. The coin was also listed on Launchpool with a distribution of 125 million SXT (2.5% of the total supply of 5 billion) as rewards for participants in digital farming.
8. Distribution and tokenomics
- Community allocation: 51.7% of the total supply (5 billion SXT) is allocated to community stakeholders, aiming to enhance decentralization and long-term incentives.
- Token uses: SXT is used to secure the network through staking, pay for service fees, and participate in governance. Rewards are also provided to validators who maintain data integrity.
9. Investment opportunities and risks
- Launch on Binance: The official trading of SXT began on May 8, 2025, with pairs like SXT/USDT and SXT/BNB, classified under the Seed Tag to indicate its high potential as a "new project".
- Regulatory risks: Some countries like the USA and Canada are excluded from participating in Launchpool due to legal restrictions. The novelty of the project also implies potential price volatility.
10. Future predictions
- Practical applications: SXT is expected to support advanced use cases such as DeFi analytics, integration of artificial intelligence with blockchain data, and decentralized voting systems.
- Global expansion: With significant marketing support from Binance and technical partnerships like Microsoft, the project could become a cornerstone in the Web3 infrastructure.
Summary
Space and Time (SXT) is considered an ambitious project that combines technical innovation (such as ZK-Proofs and SQL proof) with strong institutional support. Despite the risks associated with the novelty of the project and regulatory constraints, its opportunity to change how decentralized applications interact with data makes it one of the promising projects in the blockchain field. Investors are advised to monitor its performance in the early weeks post-listing and review available technical analysis reports on platforms like Bitget.
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