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

Cenit Finance has announced that it has integrated into the Space and Time product line and rebranded as “Space and Tokens.”

According to a press release shared with crypto.news on August 20, the move aims to improve token economics for developers by providing advanced tools to optimize token services, create robust vesting plans, and better predict market risks.

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

AI and on-chain activity

The platform also leverages SxT’s no-code AI Studio, which allows users to create insights and dashboards on on-chain activity.

Carlos Bort, Co-Founder of Cenit Finance and currently Head of Web3 Data Solutions at SxT, highlighted the potential of continuous monitoring and improvement of the token economy using real-time, verified data.

We envision a future where token economics can be continuously monitored, adjusted, and improved using real-time, verified on-chain data. From our team’s perspective as passionate data enthusiasts, we are excited to join one of the leading players in the blockchain data space. We are eager to apply our AI capabilities and data expertise to SxT’s stack.

Carlos Bort

This partnership represents an important step towards creating more efficient and secure token economies by combining AI and blockchain.

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