SXT is the native utility token of Space and Time, a decentralized data warehouse designed for Web3 applications and AI. It aims to bridge the gap between blockchain and off-chain data by providing a secure and scalable way for smart contracts to access and process large volumes of verifiable data.
The core innovation is Proof of SQL, a zero-knowledge protocol that ensures the integrity and accuracy of SQL queries run against tamper-proof datasets. SXT is used for payments for data queries, staking to secure the network, rewarding data providers, and potentially for governance in the future. Backed by partners like Microsoft, Space and Time (and thus SXT) is gaining traction as a critical piece of infrastructure for the evolving Web3 economy.