The ZKsync Elastic Chain ecosystem continues to expand rapidly with the addition of innovative projects driving blockchain adoption across various sectors. At the end of October, two significant players in the blockchain and gaming industries—Space and Time and Xsolla—launched new initiatives that are set to strengthen the role of Web3 technology in AI, DeFi, and gaming. These initiatives are expected to lay a foundation for autonomous AI applications and on-chain gaming economies.
Space and Time Introduces the SXT Chain Testnet: Advancing the Future of AI and DeFi
On October 30, 2024, Space and Time, with backing from Microsoft, launched the testnet for SXT Chain, a blockchain designed to support zero-knowledge (ZK) data in AI and DeFi applications. This technology addresses the need for a reliable, decentralized database to autonomously manage transactions and data. SXT Chain leverages a combination of a decentralized database, blockchain indexing mechanisms, and a ZK coprocessor called Proof of SQL, which ensures the integrity of data processed and indexed on the blockchain.
Integrated with major networks such as Ethereum, ZKsync Era, Bitcoin, Sui, Aptos, and Polygon, SXT Chain enables developers to build trustless applications that support real-time data access. This makes SXT Chain a solution for applications requiring secure large-scale data processing off-chain, accessible via smart contracts.
Using SXT, a lending protocol can compile a wallet’s on-chain loan history into a “credit score” through an accessible SQL interface. This score can then be verified with ZK-proof to ensure it’s accurately calculated from correct, unaltered data and sent directly to the smart contract to enable more tailored lending options. Several projects, including Lendvest—a protocol for on-chain credit scoring within the @chainlink BUILD program—are already leveraging SXT to develop the next wave of data-driven DeFi solutions.
The Space and Time Labs team is composed of world-class AI and cryptography researchers who have already made waves across AI, blockchain and ZK. Microsoft shared in a blog that the M12 portfolio company has been working closely with the Microsoft AI Co-Innovation Lab to accelerate its generative AI tools and make it easier for developers to build apps onchain.
To strengthen the network, Space and Time invites the community to join the SXT Chain testnet and participate in interactive campaigns via Galxe. This community involvement provides firsthand experience in using and understanding the network and offers opportunities to run indexing nodes that support the decentralized and permissionless network structure. Developers interested in exploring the SXT Chain testnet can visit spaceandtime.io/testnet, while community members can participate in quests at spaceandtime.io/quests.
Xsolla ZK: Transforming In-Game Economies with ZKsync Blockchain
Shortly after the launch of SXT Chain, @Xsolla—a leading company in the gaming industry with over 20 years of experience—announced a new project called Xsolla ZK on October 31, 2024. Leveraging the ZK Stack from @ZKsync, Xsolla ZK is designed to bring in-game economies fully on-chain. This project introduces various innovative features that enable game developers to create, store, and trade in-game assets securely and efficiently on a decentralized network.
Xsolla ZK features a blockchain-based “Digital Backpack” that gives players full control over their virtual assets. This system allows players to manage in-game items using a secure decentralized storage system, granting them real ownership of these assets. Additionally, Xsolla ZK supports the integration of Web2 gaming models with Web3, creating a more inclusive and sustainable gaming economy.
The project also offers enterprise-grade wallet services and SDK tools to simplify blockchain integration in games, including play-to-earn mechanisms, cross-game marketing campaigns, and in-game asset tokenization. With an integrated marketplace, Xsolla ZK allows game developers to launch their custom-branded marketplaces and leverage new monetization models through royalties from secondary market sales.
“Xsolla ZK leverages Ethereum Layer 2 zk Rollup technology to create a digital backpack for game developers. By deploying our expertise on the ZKsync Elastic Chain, we provide game developers with a scalable and pioneering solution aligning with the economic models with which they are familiar. Xsolla ZK is not just about innovation; it’s about creating real value for the gaming community,” expressed Lee Jacobson, Senior Vice President of Business Development Web3 at Xsolla.
Driving the Future of Decentralization with the ZKsync Elastic Chain Ecosystem
With the launch of Space and Time’s SXT Chain testnet and Xsolla ZK’s blockchain gaming project leveraging ZKsync’s ZK Stack, the Elastic Chain ecosystem demonstrates a strong commitment to advancing blockchain innovation across multiple sectors. These projects offer blockchain solutions that enhance user experiences and expand Web3 adoption.
Space and Time and Xsolla ZK are leading blockchain towards a more inclusive and efficient direction. Both projects show that blockchain technology can become a fundamental pillar in building a more transparent and trustworthy digital ecosystem, whether in AI data management or gaming economies.
With the release of the SXT Chain testnet and the Xsolla ZK project, the ZKsync Elastic Chain now stands at the forefront of Web3 innovation, ready to meet the challenges of secure, decentralized, and accessible data and digital assets. For developers and the Web3 community, these initiatives usher in a new era of opportunities in blockchain technology.
