Space and Time
SXT
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
Space and Time (SXT) presents a dual profile: strong underlying engineering and credible leadership paired with challenging tokenomics and heavy post-launch market drawdowns. On the technical and organizational front, the project scores well with active multi-repository development (testnet launch of SXT Chain in March 2025, enterprise integrations including Microsoft Fabric), experienced doxed leadership backed by notable Web3 advisors, clean security records, and completed audits (Cyberscope 82% Low Risk, Hashlock reviews). However, SXT faces significant economic headwinds: insiders retain approximately 48% of the 5 billion total supply, and aggressive 4-year linear vesting generates monthly unlocks of ~80 million tokens, contributing to an ~86% annual circulating supply expansion and severe ~95% price drawdown from all-time highs. Furthermore, on-chain governance remains largely centralized under the foundation, and client adoption/value-capture mechanisms remain unproven. No qualifying red-flag events or data gaps were identified across the evaluations.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About Space and Time (SXT)
Space and Time (SXT) is a decentralized data warehouse and verifiable compute layer designed to provide zero-knowledge (ZK) proven data for smart contracts and artificial intelligence applications. The network utilizes "Proof of SQL" cryptography to verify database queries and operates alongside the SXT Chain validator network, which launched its testnet in March 2025. Originating as an ERC-20 token on the Ethereum blockchain, the project maintains several open-source repositories, including the sxt-node validator client and the blitzar cryptographic library, alongside an enterprise integration with Microsoft Fabric. The project was founded by Nate Holiday, Jay White, and Scott Dykstra, with advisory backing from industry figures including Sergey Nazarov and Alex Gluchowski.
The SXT token serves as the utility and governance token for the platform, facilitating node rewards and query processing fees. The total supply is fixed at 5,000,000,000 tokens, allocated as 51.7% to the community (including 28% for rewards), 25.9% to investors, and 22.4% to team members and advisors. Although an independent Space and Time Foundation was established in late 2024 to oversee the protocol, on-chain token governance and voting mechanisms remain planned future implementations rather than active decentralized structures.
Following its launch, SXT has experienced substantial market headwinds, including a price decline of approximately 95% from its all-time high. The token faces persistent supply dilution resulting from a four-year linear vesting schedule with monthly unlocks of roughly 80 million tokens, driving an estimated 86% annual growth in circulating supply alongside token concentration where 23 addresses hold at least 1% of supply each. From a security standpoint, the project has undergone audits by Cyberscope and Hashlock and maintains a public vulnerability disclosure policy, with no documented smart contract exploits, protocol failures, or regulatory actions recorded.