Another Launchpool project from BinanceTR 🤙
Tokenomics
🔸The total supply of the $SXT token is 5 billion and its current form is:
◾️Community (51.7%): 2.58 billion tokens
Airdrop, author and developer grants (28%): Initial amount to be put into circulation of 1.4 billion tokens
Ecosystem association and partnerships (23.7%): 1.18 billion tokens.
🔸Investors (25.9%): 1.29 billion tokens (to be released as a line for 4 years, 15% free at the end of the first year)
◾️Team (22.4%): 1.12 billion tokens (same release plan as investors) NFT Evening+2
What is Space and Time?
🔸Space and Time allow smart contracts to be securely accessed outside of the blockchain or on other networks.
◾️It does this using Zero-Knowledge (ZK). In other words: It is a system that proves that “data is correct and unchanged”.
How Does It Work?
🔸Data comes onto the chain, verifiers create a digital fingerprint of this data.
◾️The prover system processes this data with a SQL query.
🔸It produces a ZK proof with the results.
◾️This proof is sent back to the smart contract so that the contract can be spent.
What Does It Do?
🔸Provides security by proving the authenticity of the data.
◾️Off-chain data is moved to smart contracts.
🔸It allows developers to develop much more powerful DeFi and Web3 applications.
Investors and information fund
◾️A total of $50 million has been invested in Space and Time. These investments were collected in various rounds as follows:
🔸Seed Round (July 2022): $10 million
◾️Strategic Round (September 2022): $20 million
🔸Series A Round (August 2024): $20 million
◾️Among the famous ones in this genre are Framework Ventures, Faction, Hivemind Capital Partners, Arrington XRP Capital, Digital Currency Group (DCG) and OKX Ventures.
🔸Never trust the scammers, friends, and please do your own research.
