The selling in stock markets looks poised to continues, warns veteran strategist Sam Stovall.
The company, which aims to run analytics on data stored on blockchain as well as outside of it for smart contracts, plans to use the funding to hire more engineers, said Nate Holiday, co-founder, Space and Time. "There is massive amounts of data and use cases coming from blockchain technology's multi-chain world, and insights and data from centralized data stores ... and Space and Time sits at the bridge that links them," Holiday said. Space and Time is currently testing its technology with Web3 gaming platforms, Holiday added.
The video game company is an acquisition target, but there are a few hurdles its would-be buyer will need to clear.