Space and Time: Web3 Data Solved
Jun 17, 2025
TL/DR
Solving Web3 Data Gaps: Space and Time (SXT) is a decentralized data warehouse that connects smart contracts to both on-chain and off-chain data, overcoming a major limitation that previously hindered advanced Web3 applications.
Powered by Proof of SQL Tech: SXT uses a decentralized network and its unique "Proof of SQL" technology, which employs advanced cryptography (ZK proofs) and NVIDIA's computing power to verify SQL queries on large datasets in under a second, ensuring data integrity.
Strong Team & Backing: The project is led by an experienced team (Nate Holiday, Scott Dykstra, Jay White, etc.) and has secured $50 million in funding from top-tier investors, including Microsoft's M12, highlighting strong industry confidence.
Thriving Ecosystem & Partnerships: SXT has robust partnerships, integrating with Microsoft Fabric for verifiable blockchain data and is adopted by Web3 platforms like Blaze AI, demonstrating a growing demand for decentralized, verifiable data solutions across various sectors including DeFi, Gaming and AI.
Mainnet is Live: Space and Time's public, permissionless Mainnet has officially launched, enabling developers to build a new generation of data-driven crypto applications that leverage secure, real-time and cryptographically proven data, with community participation encouraged.
Introduction
For Web3 to truly thrive, decentralized applications need seamless access to information. However, a major hurdle has been the disconnect between smart contracts, which live on the blockchain and the crucial data existing elsewhere, whether on other blockchains or in traditional databases. This made it difficult for Web3 apps to build complex features reliant on comprehensive data analysis. Space and Time (SXT) is solving this exact problem. As a decentralized data warehouse, SXT is creating a fluent connection, which is reshaping how blockchain applications can access and integrate vital data.
In this blog, we'll dive into Space and Time and explore the community behind the project. We'll introduce you to the smart folks behind the network, showcase cool projects using SXT, look at the big investments that fueled their growth and give you the latest on their Mainnet launch and other news. Get ready to see how Space and Time is changing the game for data on the internet.
The People behind the Network
Nate Holiday, CEO
Nate Holiday is a Co-Founder and Chief Executive Officer for Space and Time. Nate is recognized in the industry for building high performance database solutions and pioneered the innovation of verifiable in-database computation.
Jay White, Head of Research and Co-Founder
Jay White is leading Proofs/zk/Cryptography research at Space and Time, building and researching high performance mechanisms for tamperproofing outsourced database workloads at scale.
Rika Khurdayan, Chief Legal Officer
Rika Khurdayan’s expertise is in blockchain, digital assets and transformative implications of Web3 technologies and business models. Rika oversees the company's regulatory and legal affairs.
Henry Daly, Director of Engineering
Henry Daly is cultivating powerful engineers and driving technical excellence at Space and Time. He has a demonstrated history in designing scalable, performant systems.
Catherine Daly, Chief Marketing Officer
Catherine Daly is a marketing executive with a passion for building community around emerging tech. She holds knowledge related to crypto, tech trends and building a brand in Web3.
Scott Dykstra Co-founder & CTO
Scott Dykstra, otherwise known as Contributor #001 at Space and Time, is a Co-founder of the network with an educational background in Data Science, Computer Science and Applied Mathematics. This gives context to what Scott was directly responsible for in building “a permissionless blockchain for securing cryptographically tamperproof data tables.”
Space and Time’s Funding History
Space and Time has raised a total of $50 million to date. The funding rounds (Series A & Seed) have been led by Arrington Capital, M12, Faction, Framework Ventures. Other notable investors include Samsung Next, HashKey Capital, Digital Currency Group, OKX Ventures, GSR, P2 Ventures, IOSG Ventures, MH Ventures and Bitscale Capital among others. The investors involved in Space and Time’s funding rounds are noteworthy as they have invested in some of the biggest companies in the Web3 space. Their confidence in Space and Time’s mission, technology and team give us insight into the strength of the project as a whole and just how far they will go. Space and Time was created by MakeInfinite Labs, a protocol research lab that is also backed by Microsoft's M12 and working alongside major financial institutions.
Space and Time: Ecosystem Partnerships & Community
The Space and Time ecosystem is thriving. In this section, we will cover the various partnerships, infrastructure integrations and ecosystem projects building with Space and Time. The sum of the parts is greater than the whole and this is certainly true in SxT’s case.
SxT integrates blockchain data with Microsoft fabric featuring Bitcoin, Sui and Ethereum
Space and Time (SXT) Labs, a company backed by Microsoft, is integrating its service with Microsoft Fabric. This partnership means that developers and businesses using Microsoft's Azure platform can now easily access and utilize real-time, verified data from major blockchains like Bitcoin, Sui and Ethereum directly within their Microsoft applications. SXT uses advanced "zero-knowledge proofs" to ensure this blockchain data is trustworthy. This move streamlines how enterprises can build new data-driven applications in areas like finance, Web3 and AI, using reliable blockchain insights within Microsoft's ecosystem.
Space And Time Unveils Sub-Second ZK Prover For SQL Queries, Powered By NVIDIA Technology
Space and Time (SXT) has made a massive impact with its "Proof of SQL" technology, which verifies SQL database queries using zero-knowledge (ZK) proofs. Thanks to a collaboration with NVIDIA's powerful computing hardware and SXT's own optimizations, Proof of SQL can now verify queries on datasets up to one million rows in less than a second, making it the fastest solution of its kind. This is designed to bring fast, verifiable data to a wide range of applications, including Web3, AI and traditional enterprise systems, by ensuring data accuracy without revealing sensitive information.
Blaze AI Shifts from Snowflake to Space and Time for a Decentralized Future
Blaze, an AI-powered Web3 marketing platform, is switching from the centralized Snowflake database to Space and Time (SXT), a decentralized, blockchain-native database that uses zero-knowledge (ZK) proofs for verification. This move is driven by Blaze's commitment to decentralization, offering its users (including major blockchain brands) enhanced data security, transparency and trustless verification. Both Blaze and SXT emphasize that this transition reflects a growing industry demand for decentralized database solutions, ensuring that Web3 applications can operate with tamper-proof, verifiable data, setting a new standard for trust in the crypto space.
Now that we have an idea of the external impact SxT has been making in the broader Web3 ecosystem, let’s have a look at some ecosystem projects built with Space and Time for an idea of what applications are possible through SxT’s powerful technology.
Infrastructure
Theoriq: “Theoriq provides users and projects with a web3-native way to access the most powerful AI agents.”
DeFi
Diving Board: “Diving Board is a decentralized exchange (DEX) aggregator that brings together liquidity from several decentralized exchanges and market makers, offering cryptocurrency traders the best price for their trades with minimal slippage and enhanced liquidity.”
Cloud Provider
Microsoft: “Microsoft Corporation is an American multinational technology conglomerate headquartered in Redmond, Washington. Founded in 1975, the company became highly influential in the rise of personal computers through software like Windows and the company has since expanded to Internet services, cloud computing, video gaming and other fields.”
Payments
Wirex: “Wirex gives you the power to use your crypto in real life.”
Spritz: “Spritz envisions a world where you can spend, save and share value without barriers, powered by the assets you directly control.”
Metaverse
Animoca: “Animoca brands is a Web3 leader that leverages blockchain to deliver digital property rights to consumers around the world to help to establish the open metaverse.”
Gaming
Wemix: “WEMIX Pte. Ltd aims to accelerate the mass adoption of blockchain technology by building an experience-based, platform-driven and service-oriented mega-ecosystem to offer a wide spectrum of intuitive, convenient and easy-to-use Web3 services.”
Exchange
Gate: “Gate.io is a cryptocurrency exchange platform, founded in 2013, that allows users to buy, sell and trade digital currencies, offering a wide range of trading options and services.”
This is just a drop in the vast ocean of what is being produced in SxT’s ecosystem. You can find more on their showcase page.
SxT Tokenomics Breakdown
Let’s break down the Distribution and Allocation of Space and Time’s Token supply:
The team’s allocation as seen above is 22.4% of the total tokens, approximately 1,122,104,725 tokens. These tokens are distributed to the advisors and members of MakeInfinite Labs, the initial contributors and creators of Space and Time.
The next set of tokens are allocated to the Investors. 25.9% of the total tokens are allocated to them, as seen above, which is approximately 1,295,350,000 tokens. These tokens are distributed to Space and Time’s Seed, Strategic and Series A investors, listed in the Funding section of this blog.
For the community, 2,582,545,275 tokens are allocated to them which is 51.7% in total. This is split between Community Rewards (28.0%) and Ecosystem Development (23.7%). This is crucial to the network as the success and survival of the network depends heavily on the community. This is the main reason behind having the majority of the token supply channeled toward the community. The community comprises those who contribute to the ecosystem by either using the network, supporting its growth and building on the network.
Space and Time’s Mainnet Update
Space and Time has officially launched its public Mainnet, a major step for its "blockchain for ZK-proven data." This network is designed to provide secure, verifiable and real-time data from major blockchains (like Ethereum) to smart contracts, enabling a new generation of enhanced crypto applications. Historically, smart contracts struggled to access vast amounts of external data securely, but Space and Time's "Proof of SQL" technology now allows developers to query, verify and connect this data, often in less than a second. Developed by MakeInfinite Labs (backed by Microsoft's M12), the Mainnet opens up new possibilities for data-driven Web3 applications, with anyone able to contribute to securing the decentralized network.
Conclusion
Space and Time is a critical infrastructure layer in the growing Web3 landscape, directly addressing the need for seamless, verifiable data access. By bridging the inherent disconnect between smart contracts and the vast ocean of both on-chain and real-world data, SXT are revamping the capabilities of decentralized applications. With its Proof of SQL technology, accelerated by NVIDIA and a dedicated team backed by large investment from industry giants like Microsoft, Space and Time is at the forefront of the data availability issue within Web3.
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