Microsoft-backed Space and Time has branded Zenit Finance as ‘Space and Token’.
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SxT Labs improves its product suite with Zenith Finance's Tokenomics simulation. The integration allows for improved token economies and governance using verified onchain data.
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Space and Time (SxT) Labs, the team behind Microsoft's M12-powered decentralized data platform, announced today that it will merge Zenit Finance into its product suite and rebrand it as ‘Space and Tokens'.
The integration introduces a Tokenomics simulator that allows developers to optimize their token economy using SxT's verified on-chain data. Zenit Finance, now ‘Space and Tokens', specializes in tokonomics modeling and risk management. One of its prominent partners is Wirex, a global leader in crypto payments.
Taking on a new role at SxT, Space and Tokens will focus on optimizing token facilities and distribution strategies to better protect token performance and market risks. The platform supports the creation of customized analytics and dashboards with token economies.
Its AI capabilities and data expertise are expected to complement SxT's on-chain analytics platform, ultimately helping developers create more sophisticated and efficient token economies.
“Combining Space and Time is an exciting opportunity for Senit's customers and our team,” said Carlos Bort, co-founder of Senit Finance and now Head of Web3 Data Solutions at SxT.
Bort says that SxT's decentralized database of high-quality on-chain interactions will help his team create more accurate and reliable tokenomics simulations. The partnership will also enable continuous monitoring, adjustment and optimization of Tokenomics with real-time, on-chain verified data.
“From a customer perspective, SxT's decentralized database allows us to improve the Tokenomics simulator by creating better simulations with higher quality on-chain interactions,” he added.
Recently, SxT welcomed Rika Khurdayan, former US Chief Legal Officer at Bitstamp, as its new CLO. The move is part of the project's strategy to build a strong, resilient ecosystem and society.
SxT is preparing for the main network after releasing its SQL v1 certification, with the first ZK providing data processing in sub-seconds. The company develops a decentralized data warehouse platform that enables enterprises to interact with blockchain data and gain insights without sacrificing security or performance.
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