Space and Time

About Space and Time

Space and Time is developing a decentralized data warehouse designed to function as a verifiable compute layer for blockchain and AI. Founded in 2022 by Nate Holiday, Scott Dykstra, Jay White, and Craig Holiday, the Los Angeles-based company is building critical infrastructure to bridge on-chain and off-chain data. The founding team brings significant experience from the enterprise data sector; CEO Nate Holiday previously held senior go-to-market and operational roles at Teradata and was an advisor to Chainlink Labs, while CTO Scott Dykstra was Vice President of Cloud Engineering at Teradata. This background in large-scale data warehousing informs their approach to solving data fragmentation and trust issues in the Web3 ecosystem.

The company's core offering is a decentralized data warehouse that comes pre-loaded with indexed data from major blockchains, including Ethereum, Polygon, and Bitcoin. It allows developers to join this verifiable on-chain data with their own off-chain datasets using standard SQL queries. The platform addresses a key limitation in Web3 where smart contracts cannot efficiently process large volumes of data or access information from external systems in a trustless manner. Space and Time serves developers, data analysts, and enterprises building decentralized applications (dApps), DeFi protocols, and AI models that require verifiable, data-driven logic.

A central component of the company's technology is its novel cryptographic protocol, "Proof of SQL". This system uses zero-knowledge (ZK) proofs to cryptographically guarantee that SQL queries executed within the platform are accurate and that the underlying data has not been tampered with. The sub-second ZK coprocessor is designed for high performance, enabling complex analytical queries over millions of rows to be verified on-chain within a single block time. This effectively turns any database into a verifiable one, allowing smart contracts and AI agents to ask complex questions and receive provably correct results.

Space and Time's business model revolves around its native utility token, SXT, an ERC-20 token on Ethereum. The token is used for protocol-level payments for data processing and queries, network security through staking by validators, and incentivizing data providers. The company has successfully raised $50 million in total funding across three rounds. This includes a $10 million seed round in July 2022, a strategic round in September 2022 where Microsoft's M12 fund was the lead investor, and a $20 million Series A round in August 2024 led by firms like Framework Ventures and Arrington Capital. This capital is being used to accelerate product development, engineering, and ecosystem growth.