Just a holder who decided to build.
I funded the DEX Screener update and launched https://t.co/5OLopbqjTd for Buttensor.
The site is step one. More to make, share and build together.
Thanks @LaunchOnSF for making TAO-paired launches possible.
Bring ideas. Stay tuned.
@frankdegods@0xINFRA@Raydium@LaunchOnSF this is basically why solana:2pouN3by7twkiZGy5aEKYUpf78ALDpKRTNu2WsQkpkqt makes so much sense to me
trenches get the meme, TAO gets a new distribution layer, and holders literally get exposed to native TAO along the way
you’re already positioned too 🤝
Just a holder who decided to build.
I funded the DEX Screener update and launched https://t.co/5OLopbqjTd for Buttensor.
The site is step one. More to make, share and build together.
Thanks @LaunchOnSF for making TAO-paired launches possible.
Bring ideas. Stay tuned.
1,817.02 $TAO distributed to $BUTT holders.
The meme is absurd. The distributions are measurable.
At 18:08 UTC on September 8, StonkFun reported:
• 1,817.02 $TAO distributed in total
• 206,373 cumulative payouts
• 455.26 more $TAO since our September 7, 08:01 UTC update
The attached dashboard capture valued the distributed $TAO at approximately $475,000. That is a valuation at capture, not a cash-profit figure.
Meanwhile, CoinGecko's 18:08 UTC update put $TAO at $262.46, up 1.24% over 24 hours.
Here is the bigger thesis: growing $BUTT activity can become a recurring source of $TAO demand.
StonkFun (@LaunchOnSF) collects $BUTT's 3% transfer tax and funds proportional $TAO distributions to eligible holders, after distribution costs. Converting collected fees into $TAO can create buy-side flow. More taxable activity can fund more of that flow.
That is the connection we are excited about: a growing, active $BUTT community can support $TAO demand while putting $TAO into more hands. The lasting price effect depends on net buying and how much recipients retain or sell. Market cap alone does not fund distributions.
A stronger $TAO can, in turn, be a tailwind for $BUTT.
For the $BUTT / $TAO pair:
$BUTT price in USD = $BUTT price in $TAO × $TAO price in USD.
If $TAO rises 10% while $BUTT's price in $TAO holds steady, $BUTT's dollar price rises 10% too. That is the arithmetic behind the potential tailwind. The $BUTT / $TAO price can also fall, so the two do not move in lockstep.
There is a second connection: $TAO already received and retained becomes worth more in dollars when $TAO rises. It also loses dollar value when $TAO falls.
Distribution amounts and timing depend on activity and eligibility; the 3% tax is not a yield.
The wider idea being discussed across X is worth watching: a meme can introduce people to Bittensor, and receiving $TAO gives them a reason to explore it.
That is what excites us: a community with a sense of humour, a real connection to $TAO, and a distribution record we can keep measuring.
Payouts count transfers, not unique people. We will keep reporting the numbers.
No thoughts. Just $BUTT.
(‿|‿)
Data:
https://t.co/k4iofOEO3D
https://t.co/5bbD1i9p6v
1,817.02 $TAO distributed to $BUTT holders.
The meme is absurd. The distributions are measurable.
At 18:08 UTC on September 8, StonkFun reported:
• 1,817.02 $TAO distributed in total
• 206,373 cumulative payouts
• 455.26 more $TAO since our September 7, 08:01 UTC update
The attached dashboard capture valued the distributed $TAO at approximately $475,000. That is a valuation at capture, not a cash-profit figure.
Meanwhile, CoinGecko's 18:08 UTC update put $TAO at $262.46, up 1.24% over 24 hours.
Here is the bigger thesis: growing $BUTT activity can become a recurring source of $TAO demand.
StonkFun (@LaunchOnSF) collects $BUTT's 3% transfer tax and funds proportional $TAO distributions to eligible holders, after distribution costs. Converting collected fees into $TAO can create buy-side flow. More taxable activity can fund more of that flow.
That is the connection we are excited about: a growing, active $BUTT community can support $TAO demand while putting $TAO into more hands. The lasting price effect depends on net buying and how much recipients retain or sell. Market cap alone does not fund distributions.
A stronger $TAO can, in turn, be a tailwind for $BUTT.
For the $BUTT / $TAO pair:
$BUTT price in USD = $BUTT price in $TAO × $TAO price in USD.
If $TAO rises 10% while $BUTT's price in $TAO holds steady, $BUTT's dollar price rises 10% too. That is the arithmetic behind the potential tailwind. The $BUTT / $TAO price can also fall, so the two do not move in lockstep.
There is a second connection: $TAO already received and retained becomes worth more in dollars when $TAO rises. It also loses dollar value when $TAO falls.
Distribution amounts and timing depend on activity and eligibility; the 3% tax is not a yield.
The wider idea being discussed across X is worth watching: a meme can introduce people to Bittensor, and receiving $TAO gives them a reason to explore it.
That is what excites us: a community with a sense of humour, a real connection to $TAO, and a distribution record we can keep measuring.
Payouts count transfers, not unique people. We will keep reporting the numbers.
No thoughts. Just $BUTT.
(‿|‿)
Data:
https://t.co/k4iofOEO3D
https://t.co/5bbD1i9p6v
$BUTT is nearly at a $10M market cap.
Meanwhile, there are multiple subnets that are still massively mispriced
relative to what they’re building - the AI sovereignty layer for our future.
10x your $TAO through subnets. Then $TAO 10x’s.
There you go.
100x without being a degen.
Time to join the Subnet Summer community: @SubnetSummerTAO
@JesusMartinez Bro $butt is goated lmao
Retail will eat this up just go upstream with this one.
We need to get deep bags of this stuff and just protect it and send it in this market that’s it then Tao gets bought the gospel of Tao gets through to retail and we make money and earn Tao
$BUTT is worth more than two-thirds of the subnets in the $TAO Bittensor ecosystem.
That only shows:
How much marketing in Bittensor and subnets still needs to mature.
How much we need to make subnet trading easier and reduce every possible type of friction.
How early we are.
Yes, we are early. The ecosystem is still implementing changes and improvements at a high pace.
“We need to build faster.”
419k in $tao market bought and distributed.
One of the hottest memes on $stonk paying out one of the hottest ALTs of the last few years.
Will be obvious in hindsight.
Hold your $BUTT
this is probably painful to hear for TAO maxis and OGs who are deeply rooted in the tech and culture, but $BUTT might end up being one of the biggest retail onboarding mechanisms TAO gets
whether you like it or not, the more $BUTT succeeds, the more people will ask what TAO is, why Bittensor matters, and why the ecosystem exists in the first place
we’ve seen this movie before with zcat: culture and speculation can become the front door to something much deeper
does TAO succeed without $BUTT? absolutely
does TAO probably succeed even harder with $BUTT bringing in a completely new audience? also yes
embrace it or ignore it
either way, the ass wins
HIGHER
@const_cats You’d be mature to back $BUTT & not push your own meme anymore
It’s clear the community wants the other to be the runner & it has broader Solana appeal
No one cares about who dev’d that coin, the Sol community is backing it & not your coin
I’ll take an L if it means TAO wins