Space and Time, a project backed by Microsoft's M12 investment fund, what makes it stand out? 💎
1️⃣ What is Space and Time?
Space and Time is a groundbreaking decentralized data platform that seamlessly combines on-chain and off-chain data. With tamper-proof SQL queries for smart contracts, this platform is revolutionizing data processing in the blockchain space ⚡️
▶️ Highlights:
- Supported by Microsoft and zkSync.
- Native database and ZK proof system for the zkSync Elastic Chain ecosystem.
- Supports complex DeFi, helping businesses onboard into crypto and ensuring transparency for AI.
- Indexing data from major blockchains like Ethereum.
- Storing data on a decentralized network.
- Providing reliable data for smart contracts.
2️⃣ Key products offered by this project
- ZK Proof of SQL - the fastest ZK proof system in the crypto field, providing proofs for over 600,000 rows of data in less than 1 second.
- Blockchain indexing system - Provides data from major blockchains, including Ethereum.
- Decentralized database: Space and Time provides a decentralized L1 Blockchain network, consisting of data security validators, allowing developers to query using Proof of SQL 🔥
3️⃣ Investment funds behind Space And Time
The project has completed 3 funding rounds with a total of 50 million USD ❤️🔥
Seed round of 10 million USD in June 2022
Strategic round of 20 million USD in September 2022
Series A of 20 million USD in August 2024
Notably, it includes many large investment funds such as M12 from Microsoft, Circle Ventures, Okx Ventures... 💰