As a seasoned crypto investor with a keen eye for promising projects, I find Space and Time (SxT) intriguing. With my years of experience navigating the volatile crypto market, I’ve seen the potential that blockchain technology holds, especially when it comes to data storage and AI applications.
In a simple phrase, the data warehouse system called Space and Time (SxT), which combines blockchain technology with AI tools for application development utilizing its data, has secured a Series A round of funding totaling $20 million.
On Tuesday, it was announced via email that a funding round, which brings SxT’s accumulated investment to $50 million, was spearheaded by Framework Ventures, Lightspeed Faction, Arrington Capital, and Hivemind Capital.
SxT’s system gathers data from prominent blockchains like Bitcoin and Ethereum, along with additional datasets. This data is processed using a zero-knowledge coprocessor, allowing for efficient processing at large scales.
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2024-08-27 20:23