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Learned by 1.1k usersPublished on 2025.05.08Last updated on 2025.09.10
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-0.18%Note: The project description is sourced from official materials provided by the project team. However, it is important to note that these materials may be outdated, contain errors, or omit certain details. The provided content is for reference purposes only and should not be considered investment advice. HTX does not assume any liability for any direct or indirect losses incurred as a result of relying on this information.
1. What Is Space and Time?
Space and Time (SXT Chain) is an open-source, decentralized Layer-1 blockchain designed to deliver zero-knowledge-based data services. It enables verifiable and tamper-proof handling of structured data through cryptographic commitments that guarantee the integrity of both schema and content, all recorded on-chain to establish a reliable and trustful data layer fully interoperable with standard EVM Futures.
2. How Does Space and Time Work?
Space and Time encompasses the entire data lifecycle—from indexing and storage to processing and application. Its core technologies include:
Proof of SQL: Driven by a sub-second ZK coprocessor, it guarantees the authenticity of data query results.
Web3 Data APIs: Support multichain real-time data verification and on-chain delivery.
AI Prompt-to-SQL: Automatically generates SQL queries, data pipelines, and visualization dashboards from natural-language prompts, greatly lowering the barrier to using data.
3. Who Founded Space and Time?
Space and Time was co-founded by Nate Holiday and Scott Dykstra.
Nate Holiday, Co-Founder and CEO of Space and Time, graduated from Brigham Young University. He previously served as a Senior Vice President at Teradata, as well as a Senior Vice President at Vista Equity Partners portfolio of companies. He has also acted as a Strategic Advisor to Bain & Company and Chainlink Labs. With extensive experience across consulting, private equity, enterprise-level databases, and Web3, he is currently focused on building verifiable compute platforms to drive the integration of AI and blockchain applications.
Scott Dykstra, Co-Founder and CTO of Space and Time, graduated from the University of California, Berkeley, and has long been dedicated to cloud computing and big data architecture. Before founding Space and Time, he served as Vice President of Global Cloud Business at Teradata, responsible for cloud analytics architecture and market strategy for Fortune 1000 enterprises, and was recognized as “Solutions Architect of the Year.” Earlier, he held the role of Product Lead at SigmaTEK Systems, and founded Tradelytics, where he focused on machine-learning-based financial predictive analytics. He currently also serves as a Strategic Advisor to Sotero, concentrating on data security and cryptographic technologies. Scott brings deep technical expertise across databases, cloud computing, and Web3 data platforms.
4. Space and Time Tokenomics
SXT is the native token on Space and Time with a total supply of 5 billion. The token serves multiple purposes: Network security & node incentives; platform service payments; incentivization mechanisms for validators, stakers, data providers, and end users.
Token Allocation and Vesting Schedule:
Community & Ecosystem (51.7%): Includes community rewards for retroactive claims and grants for developers, as well as ecosystem development.
Investors (25.9%): Allocated to seed, strategic, and Series A investors. Subject to a 4-year linear unlock schedule with 15% unlocked after 12 months.
Team & Advisors (22.4%): Unlocked linearly over 4 years as well.
5. Timeline of Key Milestones
July 2022: Seed round raised $10 million at a $300 million valuation.
September 2022: $20 million strategic round led by Microsoft M12.
August 2024: $20 million Series A led by Framework Ventures was completed.
May 2025: Public mainnet launch; staking and validator nodes went live.
June 2025: Grayscale Space and Time Trust was launched and had raised AUM worth of $15.62 million as of Sept 3, 2025.
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