Key Takeaways:
Space and Time, the data warehouse powerhouse known for securing onchain finance, recently announced the public launch of Dreamspace, an artificial intelligence (AI) app builder that allows users to generate and deploy fully functional applications without writing a single line of code. Built in collaboration with Microsoft Azure AI Foundry and Base, Dreamspace aims to pivot sophisticated financial-grade infrastructure into the hands of the broader creator economy.
The AI app builder operates on a simple premise: Users provide a text description of their desired application, and the platform’s AI engine handles the rest. This includes automatically generated smart contract logic ready for deployment. By making every contract transparent, the app allows creators to verify exactly how their app behaves on-chain. These apps inherit the same secure data layer used by major financial institutions.
“Space and Time was built to make verifiable data accessible to any application, at any scale,” said Nate Holiday, co-founder of Space and Time. “Dreamspace is where that infrastructure meets the people building the next wave of the internet.”
The platform’s technical pedigree is a result of deep industry partnerships. Dreamspace utilizes Azure OpenAI and was developed with the support of M12, Microsoft’s venture fund, which led a $20 million investment in Space and Time in 2022.
To ensure the apps are commercially viable, Dreamspace runs on Base, Coinbase’s high-speed L2 network. This integration allows for sub-cent transaction fees, sub-second transaction speeds and full Ethereum Virtual Machine compatibility.
“This exciting new project makes starting an onchain business as simple as having an idea worth building,” added Eric Brown, head of AI developer relations at Base.
While April 23 marked the official public launch, Dreamspace has already seen massive engagement during its beta phase, with more than 34,000 apps created. The platform is also making waves in education. In Indonesia, several schools have already integrated Dreamspace into their curricula, establishing AI labs with the goal of reaching more than 140,000 students.
Michael Stewart, managing partner at M12, noted that this versatility is exactly what Microsoft looked for in its initial investment. “Dreamspace puts that foundation to work for a completely different kind of builder,” he said, signaling a shift where complex blockchain infrastructure becomes an invisible, effortless tool for the global workforce.
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