Cenit Finance joins Space and Time, rebrands as ‘Space and Tokens’

Cenit Finance has announced its integration into the Space and Time product suite and is rebranding as “Space and Tokens.” 

This move aims to enhance tokenomics for developers by offering advanced tools to optimize token utilities, create robust vesting schedules, and better anticipate market risks, according to an Aug. 20 press release shared with crypto.news.

Space and Time, a Microsoft M12-backed company, will provide verified on-chain data to Space and Tokens through its verifiable computing layer. This integration will enable developers to leverage SxT’s decentralized database and AI capabilities to build data-driven smart contracts and sophisticated token economies. 

AI and on-chain activity

The platform also benefits from SxT’s no-code AI Studio, which allows users to generate insights and dashboards about on-chain activity.

Carlos Bort, Co-Founder of Cenit Finance and now Head of Web3 Data Solutions at SxT, emphasized the potential for continuous monitoring and improvement of tokenomics using real-time, verified data.

We envision a future where tokenomics can be continuously monitored, adjusted, and improved using realtime, verified onchain data. From our team’s perspective, as passionate data nerds, we’re thrilled to join one of the leading players in the blockchain data space. We’re eager to apply our AI capabilities and data expertise to SxT’s stack.

Carlos Bort

The partnership represents a significant step in combining AI and blockchain to create more efficient and secure token economies.

Earlier this year, Karak integrated Space and Time’s zero-knowledge coprocessor solution to enhance security and trustless rewards for its Distributed Secure services.