Dreamspace Launches No-Code AI App Builder Backed by Microsoft M12

  • Dreamspace is Space and Time’s entry into the creator economy, offering a whole new class of builders access to the same data infrastructure that protects onchain finance.
  • Dreamspace allows customers to specify what they want to create, and without the need for programming, the platform creates a functional application with smart contract logic.

Today, Dreamspace, an AI app builder that enables anybody to create and launch a fully working app without writing a single line of code, was introduced by the creators of Space and Time, the data blockchain that secures onchain finance. M12, Microsoft’s Venture Fund, which led a $20 million investment in Space and Time in 2022, is backing Dreamspace, which was developed using Microsoft Azure AI Foundry, Azure OpenAI, and Base.

Dreamspace is Space and Time’s entry into the creator economy, offering a whole new class of builders access to the same data infrastructure that protects onchain finance. Over 34,000 applications were developed by early users of Dreamspace during its beta.

In an effort to make Dreamspace accessible to more than 140,000 pupils, various Indonesian schools developed new AI laboratories and curricula last year. Dreamspace is now accessible to everyone with its public debut today.

Dreamspace allows customers to specify what they want to create, and without the need for programming, the platform creates a functional application with smart contract logic. Dreamspace’s completely auditable smart contracts allow developers and consumers to see precisely how their applications operate on the network. Applications developed on Dreamspace inherit the same verifiable architecture that financial applications across the industry rely on because Space and Time protects the data layer underneath.

“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 and creator of Dreamspace. “Dreamspace is where that infrastructure meets the people building the next wave of the internet. When the data layer handles itself, the only thing left to focus on is what you want to create.”

Additionally, Dreamspace is powered by Base, Coinbase’s onchain open stack, which allows for quick, inexpensive transactions with complete EVM compatibility. It is feasible for creators to establish legitimate enterprises onchain right now, with fees of less than one cent and transaction rates of less than one second.

“We’re building Base as an open stack for the global economy, and that means making it possible for anyone to participate as a builder, not just a user, and especially using cutting edge tools like AI” said Eric Brown, Head of AI Developer Relations at Base. “This exciting new project makes starting an onchain business as simple as having an idea worth building.”

As part of Space and Time’s continuous partnership with Microsoft, Dreamspace was developed using Microsoft Azure AI Foundry and Azure OpenAI. Space and Time, backed by Microsoft’s Venture Fund M12, links real-world data to onchain systems to fuel DeFi, tokenized assets, stablecoins, and institutional markets.

“Space and Time has spent years building infrastructure capable of supporting the most demanding financial applications in AI and blockchain,” said Michael Stewart, Managing Partner at M12, Microsoft’s Venture Fund. “Dreamspace puts that foundation to work for a completely different kind of builder, and that range is exactly what we believed in when we invested.”

Dreamspace may now be accessed by creators worldwide at dream.space.

Source: https://thenewscrypto.com/dreamspace-launches-no-code-ai-app-builder-backed-by-microsoft-m12/