Cenit Finance has officially announced its integration into the Space and Time product suite, rebranding as β€œSpace and Tokens.” This strategic move aims to enhance tokenomics for developers by offering advanced tools to optimize token utilities, create robust vesting schedules, and better anticipate market risks.

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

We envision a future where tokenomics can be continuously monitored, adjusted, and improved using real-time, verified on-chain 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 Space and Time’s stack.

The platform also benefits from Space and Time’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 Space and Time, emphasized the potential for continuous monitoring and improvement of tokenomics using real-time, verified data.

Earlier this year, Karak integrated Space and Time’s zero-knowledge coprocessor solution to enhance security and trustless rewards for its Distributed Secure services. This partnership represents a significant step in combining AI and blockchain to create more efficient and secure token economies.

For more updates and in-depth news on cryptocurrencies, investing, and finance, stay tuned to Global Crypto News.