'Data is the oil of the new era, but only trusted data can ignite the future.' — Clive Humby
In the world of blockchain, data is fuel, and trust is the spark. The recent explosive launch of Binance Launchpool and the 1 billion token airdrop to the Chainlink community have made one name resound in Web3 — Space and Time (SXT). It is not an ordinary blockchain project, but a decentralized data pioneer armed with Microsoft's endorsement and zero-knowledge proof (ZK) technology, committed to reshaping the data trust layer of blockchain.
Are you curious about this project that calls itself the 'smart contract data brain'? Let's step into the world of SXT and explore!
I. Pain Points of DeFi and SXT's Ambition
Imagine you are a developer of a DeFi protocol, late at night, your fingers pause on the keyboard, brows furrowed. Your protocol needs to adjust loan rates dynamically based on the user's on-chain history, but the smart contract is like a 'blind man', only able to see asset balances and unable to read complex transaction data. You sigh and murmur to yourself: 'If only smart contracts could think like a database...'
At this moment, SXT enters your sight! It is not a simple on-chain database, but a decentralized data platform based on Proof of SQL, specifically designed for the next wave of Web3. SXT's ambition is clear and bold: to break down data silos through zero-knowledge proof technology, allowing smart contracts to evolve from 'execution machines' to 'data brains.'
How can SXT disrupt DeFi, GameFi, and even AI with sub-second ZK technology? Can it deliver on the promise of a 'data revolution'? Keep reading!
II. Project Background: The Trust Foundation Empowered by Microsoft
The Origin and Vision of SXT
From a technical perspective, SXT was founded by Nate Holiday, Scott Dykstra, and Jay White, with a team spanning data science, blockchain, and mathematics, known as the 'dream team' of technology. From a market perspective, SXT targets the $5 billion market for blockchain data infrastructure, filling the trust gap in on-chain/off-chain data integration. From an ecological perspective, Microsoft's $20 million strategic investment, Chainlink's oracle integration, and zkSync's ZK-Rollup collaboration allow SXT to stand on the shoulders of giants.
Core Vision: SXT aims to build a decentralized hybrid transaction/analytical (HTAP) data warehouse for Web3, achieving sub-second data verification through Proof of SQL to serve DeFi, GameFi, AI, and enterprise-level scenarios. As Bill Gates once said, 'We always overestimate the short-term impact of technology and underestimate its long-term potential.' Will SXT's potential become a long-term ace in Web3?
III. Technical Analysis: Proof of SQL, the 'Super Brain' of Smart Contracts
From Pain Points to Breakthroughs
Returning to your DeFi protocol. You need to analyze users' wallet transaction histories in real-time, but traditional blockchain query speeds are as slow as a snail, and centralized oracles are not trustworthy. At this moment, SXT's Proof of SQL strikes like a lightning bolt across the night sky! It allows a single node to execute complex SQL queries, generate zero-knowledge proofs, and verify results on-chain, all in under one second!
Technical Principles:
Proof of SQL: A zero-knowledge coprocessor that allows nodes to run SQL queries (like analyzing millions of rows of transaction data), generating ZK proofs to ensure the results are accurate. Smart contracts only need to verify the proof without recomputing.
Sub-second Latency: By leveraging GPU acceleration like NVIDIA T4, SXT compresses query latency to under one second, performing 100 times faster than traditional ZK solutions (like zkVM).
Validator Network: A decentralized network of nodes is responsible for indexing on-chain (like Ethereum, Sui) and off-chain data, generating cryptographic commitments through Byzantine Fault Tolerance (BFT) consensus to ensure data immutability.
If traditional blockchains are 'accountants flipping through paper ledgers', SXT is an 'AI analyst equipped with supercomputers', fast, efficient, and never makes mistakes!
Application Case:
DeFi: The Lendvest protocol utilizes SXT to analyze borrower behavior in real-time, generating personalized loan rates. You can almost hear the 'snap' of increased market efficiency as DeFi's potential is fully unleashed!
GameFi: SXT verifies player data for game developers, preventing cheating and rewarding genuinely active users. Imagine players cheering as the thrill of fair competition sweeps in.
AI: SXT supports on-chain federated learning, allowing models to be trained without data leaving the domain. The warmth of privacy protection is like a spring breeze, making the fusion of AI and blockchain within reach.
Proof of SQL is like giving smart contracts a 'turbocharger', transforming them from 'old carts' to 'supercars' in seconds! Who wants to drive slow?
SXT's sub-second level ZK prover can process 600,000 data points in one second, saving up to 90% of computational costs for DeFi protocols (Reference: SXT official technical white paper).
IV. Token Economy: SXT, the 'fuel rocket' of the ecosystem
Celebration of Stakers
You are a validator in the SXT network, holding a bunch of SXT tokens, excitedly staring at the screen. The 18.6477 million BNB staked in Binance Launchpool makes your heart race, and the 1 billion token airdrop from Chainlink ignites your enthusiasm. You know that SXT is not just a technical ace, but an economic engine!
Token Overview:
Total Supply: 5 billion SXT (Note: The token supply differs in the two provided contents, being 1 billion and 5 billion respectively; here, we adopt 5 billion based on the latest Launchpool data).
Initial Circulation: 1.4 billion (28%), of which 125 million are used for Binance Launchpool.
Allocation Mechanism:
51.7% (2.5825 billion): Community (rewards, ecological development).
25.9% (1.2953 billion): Investors (4-year linear unlock).
22.4% (1.1221 billion): Team and Advisors (4-year unlock).
Token Functions:
Staking: Validators stake SXT to secure the network and earn query fees. Erroneous behavior? Tokens forfeited!
Payment: Developers use SXT to pay for data queries and computing services, with costs distributed between validators and data providers.
Incentives: Developers who release high-quality datasets receive SXT rewards, causing the ecosystem to take off like a rocket!
Chainlink Airdrop: On May 8, 2025, Chainlink will kick off 'Season Genesis', with 1 billion SXT tokens showered upon LINK stakers like a meteor shower; tokens unclaimed within 90 days will ignite the next round of rewards. This operation is simply Web3's 'wealth party'!
Economic Model:
Traditional Blockchain: Node recomputation is inefficient and costly.
SXT: Single-node query, ZK verification, fees as low as 1/10 of traditional solutions, a win-win for validators and developers.
An initial 28% circulation and Launchpool rewards may bring selling pressure, but SXT aims for long-term deflation through transaction fee burn and ecological applications.
V. Ecology and Cooperation: The 'Super Alliance' of Microsoft, Chainlink, and zkSync
Shock of Corporate Executives
You are an executive at a financial institution, sitting in a demo presentation at Azure Marketplace. A representative from SXT showcases how Proof of SQL provides auditing services for on-chain transactions, with data being transparent, immutable, and compliant with regulations. You are shocked: 'Isn't this the solution we've been dreaming of?'
Microsoft Endorsement:
Technical Integration: SXT has settled in Azure Marketplace, allowing enterprise users to easily access ZK verification services like ordering takeout.
Compliance Trust: Microsoft's involvement makes SXT a 'trust anchor' for financial institutions, your heart racing with the bright prospects of cooperation.
Market Channels: Microsoft's global sales network acts like a giant net, pushing SXT into every corner of finance, healthcare, and supply chain.
Powered by Chainlink:
SXT integrates trusted data feeds through the Chainlink BUILD program. Imagine data flowing like a clear stream from off-chain to on-chain, nourishing every inch of DeFi.
1 billion tokens airdropped ignited community enthusiasm, with LINK stakers like fervent fans rushing to join the SXT ecosystem.
zkSync and Multi-Chain Ecology:
SXT launches ZK Rollup based on zkSync's Elastic Chain, supporting the deployment of Solidity contracts, with cross-chain interoperability as smooth as silk.
Indexing data from Ethereum, Sui, Polygon, etc., SXT acts like a 'library of the data universe', providing infinite possibilities for developers.
Enterprise-Level Implementation:
Finance: Fidelity and US Bank are testing SXT's on-chain auditing services, with compliance as solid as a rock.
Supply Chain: Through Azure, SXT builds a trusted traceability chain for multinational corporations, with data shining like diamonds.
AI: The on-chain federated learning platform protects data privacy, with innovation bursting forth like sparks.
SXT's mainnet will go live on May 8, 2025, integrating ecosystems like Microsoft, Chainlink, zkSync, and attracting over 100,000 developers to the testnet.
VI. Investment Value and Future Outlook
The Moment Investors Are Captivated
You are a Web3 investor, staring at SXT's candlestick chart, your finger hovering over the 'buy' button. The explosive TGE on Binance, the boost from Chainlink's airdrop, and Microsoft's endorsement make your heart race. You ask yourself: 'Will SXT be the next The Graph, or a unicorn in Web3?'
Investment Highlights:
Technical Barrier: The sub-second ZK technology of Proof of SQL is leading the industry by a length.
Ecological Advantage: The 'Super Alliance' of Microsoft, Chainlink, and zkSync paves the starry road for SXT.
Market Potential: The blockchain data market will reach $5 billion by 2025, and SXT's enterprise-level implementation is like a 'gold mine' waiting to be tapped.
Community Momentum: 51.7% community allocation and airdrop of 1 billion tokens have ignited a 'mass movement' in Web3.
Price Prediction:
Referencing The Graph (GRT)'s market cap of about $2.5 billion, SXT, backed by Microsoft and ZK technology, could potentially exceed a market cap of $500 million if it captures 10% of the market share. Long term, the explosion of ecological applications may push the market cap to $1-2 billion.
Future Outlook:
Short Term (2025-2026): Mainnet optimization, ecological expansion, and acceleration of enterprise-level implementations will make SXT the 'data engine' for DeFi and AI.
Long Term (2027 and Beyond): SXT is expected to become the 'data brain' of Web3, unifying multi-chain data and catalyzing the fusion of blockchain and AI.
Data is the oil of the new era, and trust is the spark that ignites the future. SXT uses Proof of SQL to light this fire, injecting intelligence and trust into every chain and protocol in Web3. As Warren Buffett said, 'The best investment is in the companies that are changing the world.'
Is SXT the company that will change Web3?
