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The rebranding of Cenit Finance to 'Space and Tokens' marks its inclusion in the Space and Time product family.

In Brief

In their latest reveal, Space and Time Labs announced that Cenit Finance will rebrand as 'Space and Tokens,' becoming part of their impressive product suite.

Microsoft M12-backed company Space and Time (SxT) Labs, developers of a verifiable compute framework for artificial intelligence and blockchain technologies, have disclosed that Cenit Finance will become part of their offerings, now named 'Space and Tokens.' Space and Tokens .”

Carlos Bort, co-founder of Cenit Finance and Head of Web3 Data Solutions at SxT, expressed enthusiasm about the partnership, stating, 'Joining Space and Time provides a thrilling advantage for both our clientele and our team. This collaboration enhances our tokenomics simulator by tapping into SxT's decentralized database filled with valuable on-chain interactions, enabling us to create simulations with pinpoint accuracy. We foresee a future where tokenomics can be monitored, adjusted, and optimized based on real-time verified data from the blockchain. For our team—who are ardent data aficionados—partnering with a frontrunner in the blockchain data industry is exciting. We can't wait to merge our AI capabilities and data skills with SxT's innovative technology.'

'Space and Tokens is a sophisticated platform focused on optimizing token utility and distribution strategies for various protocols. This partnership will allow protocols to simulate their economic models, predict token performance with greater precision, and delve into comprehensive analytics regarding their token economies, all backed by SxT's validated on-chain data.

SxT As a prominent source of on-chain analytics, Space and Tokens provides a no-code AI Studio, empowering users to generate insights and dashboards related to on-chain activities. The merger with Space and Tokens enhances the SxT ecosystem by introducing precise tools for managing and optimizing token economies.

SxT has integrated Space and Tokens, allowing developers to craft AI applications seamlessly.

It is crucial to mention that the venture operates as a foundation for AI and blockchain, merging tamper-proof data from both on-chain and off-chain sources to facilitate enterprise-grade applications for smart contracts and large language models. It has pioneered a unique cryptographic technique, dubbed Proof of SQL, enabling developers to connect analytics with smart contracts, thereby expanding the array of sophisticated applications and business logic that can be harnessed through blockchain. compute layer Moreover, it provides developers with the capability to construct data-driven smart contracts that utilize Proof of SQL, featuring an innovative sub-second zero-knowledge (ZK) coprocessor designed for efficient and trustworthy data processing.

SxT’s AI Studio simplifies the journey toward developing on-chain applications. SxT With the advent of Space and Tokens, developers can leverage SxT to create AI-powered applications, data-driven smart contracts, and intricate token economies, all within a singular, verified environment.

As a reminder, the information presented on this page is not intended to function as legal, tax, investment, or financial guidance. Always invest only what you are willing to lose, and seek independent financial advice if uncertain. For additional details, we advise reviewing the terms, conditions, and support resources provided by the issuer or advertiser. MetaversePost is dedicated to delivering accurate and impartial reporting, although market conditions may fluctuate without prior notice.

Disclaimer

In line with the Trust Project guidelines Alisa, an invested journalist at Cryptocurrencylistings, covers cryptocurrency, zero-knowledge proofs, investments, and the broad Web3 landscape. With a sharp awareness of emerging innovations and trends, she provides in-depth reporting that keeps readers informed and engaged within the rapidly changing realm of digital finance.

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Cenit Finance has undergone a name change and is now known as 'Space and Tokens,' as it becomes part of the broader Space and Time product lineup, according to Metaverse Post.

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