Hey, you’ve probably seen this token around—it’s from Binance Launchpool.
Let’s dive in together to understand what this token is about, which will be tradable within the next 24 hours… and should you even care?
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Estimated reading time: 2 mins
TL;DR:
$SXT is the native token of Space and Time, a decentralized data platform combining blockchain with #AI and zero-knowledge proofs.
It’s now available on #BinanceLaunchpool , allowing users to earn $SXT by staking $BNB , FDUSD, or USDC.
Spot Trading begins on Binance on May 8, 2025, at 13:00 UTC.
THE SCOOP
What Is Space and Time (SXT)?
Space and Time is a Web3 data platform that enables smart contracts and AI agents to securely process both on-chain and off-chain data using zero-knowledge cryptography.
It introduces Proof of SQL, a novel ZK proof system that allows developers to generate verifiable attestations for SQL queries, ensuring that data outputs used by applications are tamperproof and mathematically provable.
What is SXT?
$SXT is the native utility token of the Space and Time ecosystem. It is used for:
Staking: To secure the network and participate in consensus.
Payments: For data processing and query fees.
Incentives: Rewarding data contributors and validators.
Governance: Allowing holders to vote on protocol upgrades and decisions.
SXT is deployed as an ERC-20 token on Ethereum and functions as the network’s native utility token.
Tokenomics Snapshot
Total Supply: 5 billion SXT.
Circulating Supply at Launch: 1.4 billion (28%).
Binance Launchpool Allocation: 125 million SXT (2.5% of total supply).
Marketing Allocation: 25 million SXT at launch, 50 million after 6 months.
Potential Advantages and Considerations:
Innovative Technology: Combines blockchain with AI and zero-knowledge proofs for secure data processing.
But…
Market Volatility: As with all cryptocurrencies, SXT’s price may fluctuate significantly post-listing.
Project Maturity: Being a new project, its long-term success depends on adoption and execution.
Tokenomics: Initial circulating supply is 28% of the total 5 billion SXT tokens, with additional allocations planned for marketing and community incentives.
📝 Conclusion:
Space and Time’s SXT token offers a unique opportunity to participate in a decentralized data ecosystem that bridges blockchain with AI and zero-knowledge proofs.
With its listing on Binance Launchpool and trading commencement on May 8, 2025
It’ss an exciting development for both developers and investors interested in the future of data processing and smart contract integration.