This week on Novelty search :: Mechanics of Conviction
- Locks decay by default.
- Subnet owner emissions can be auto-locked
- Short, clear unlock periods.
- Exponential conviction maturity.
Join @const_reborn tonight, live via Bittensor Discord
NOVA Conviction Update + Incentive Alignment
We didn't choose drug discovery because it was an easy or fast problem to solve. We chose it because it's one of the hardest and most meaningful problems AI can tackle. Our ambition and track record reflects our commitment to long-term value creation.
Since launching, NOVA has shipped 3 incentive mechanisms, established 3 relevant partnerships with other biotech companies outside of the Bittensor ecosystem, provided open-source access to optimized and fine-tuned SOTA models, run ongoing screening campaigns across multiple therapeutic modalities, and much more.
That work has been funded by token sales and it will continue on multi-year timelines regardless of short-term price action. As the conviction mechanism rolls out across Bittensor, we want to be transparent about how we're approaching it by locking company tokens and aligning founder incentives with subnet growth.
Company Wallet — 50% Locked
Even before conviction, we've always balanced self-financing with token health. We locked 50% of our company tokens formalizing that commitment (and we’re one of the top subnets in % and TAO equivalent). From here, the owner's cut will be automatically locked so our conviction will only grow over time. The liquid 50% funds operations through token sales and OTC, and gives us flexibility to navigate price volatility. We will continue to minimize price impact and optimize for token health.
Founder Incentive Alignment
We're allocating 20% of what we earn split across the four founders as a direct incentive. Each founder has real skin in the game, individually motivated to grow NOVA. Based on the current wallet distribution, each founder's individual position will remain below the top 10 holders after tax. This distribution naturally decentralizes stake across the team. Our upside is tied directly to yours.
Built for the Long Term
We came to Bittensor to build infrastructure that accelerates drug discovery. The problems we're solving have the potential to reshape how medicine is made with multi-year timelines and billions in implications. Long term thinking is baked into everything we do. Long-term thinking is baked into everything we do.
We remain focused on:
• building valuable discovery systems
• advancing therapeutic development
• expanding partnerships
• improving incentive mechanisms
• and creating lasting value for the network
Thank you to everyone helping us build.
This is only the beginning.
Cloudflare reported that agent traffic surpassed human traffic for the first time.
That's exactly why we're making Cacheon docs agent-ready.
Every page now has a clean markdown source, an LLM-friendly text endpoint, and one-click handoff to ChatGPT, Claude, Cursor, and more.
This is the current state of Bittensor-based, end-user-facing products on Apple Silicon:
Right now, @IOTA_SN9 and @actualinc are the only working examples.
@IOTA_SN9: Train LLMs and help @MacrocosmosAI turn years of research around decentralized training into a real business, while earning competitive incentives.
@actualinc: Run local models and cluster any kind of compute. It is Architecture-agnostic and you can pool inference speed and VRAM across any kind of compute and say goodbye to API credits and subscriptions by gettingyour work done locally. You can hire other people’s clusters or enable mining and get your own cluster hired.
Proof of Talk: done ✓
Bittensor showed up loud.
Now comes Exploit - our conference. Our room. Our rules.
1,000 builders and breakers in Montréal. Sept 28–29.
Phase 1 tickets close in a month! Don't sleep on it 👇
bittensor:native is the printing press of intelligence.
21 million tokens mined with useful ai work. the world will tap into Bittensor’s decentralized compute & intelligence like a faucet
intelligence will be commoditized the way information was after gutenberg
this is one of the greatest asymmetric opportunities of all time
Bittensor Ecosystem Highlights of the Week #64
// SUBNET UPDATES & ACHIEVEMENTS
➤ @MacrocosmosAI SN9
They launched the first stage of Project Orion and unveiled their early pretraining run of Orion 100B, which reaches over 65% of data center training efficiency.
(https://t.co/qFe4lsy0RH)
@const_reborn successfully orchestrated a decentralized training run in 5 minutes for 5 TAO on @IOTA_SN9.
(https://t.co/ZSkwO3erGC)
➤ @TargonCompute SN4
They announced Targon Tower Pro, which allows anyone to buy high performance computing hardware.
(https://t.co/4iNJk82TS3)
➤ @webuildscore SN44
They announced that TaoWeave invested in @manakoai and partnered with them on North American commercialization.
(https://t.co/nJARBKA4ib)
➤ @LeadpoetAI SN71
They shared that Leadpoet has begun paid pilots with a large publicly listed enterprise software company and an AI compute infrastructure platform.
(https://t.co/MxIjx5Vd74)
➤ @zipcodenetwork SN46
Their new website is now live.
(https://t.co/dNxDUUhovp)
➤ @chutes_ai SN64
The Chutes platform currently earns around $280K for every trillion tokens that move through it.
(https://t.co/CVa7rozFKW)
Chutes is now a provider on @AntSeedAI.
(https://t.co/CnG5syeMo2)
➤ @chutes_ai SN64 x @desearch_ai SN22
Chutes Search is now powered by Desearch AI.
(https://t.co/i01hIr34Qf)
➤ @QuasarModels SN24
SN3 is now training Quasar models, starting with a 10B model built on the new Quasar architecture.
(https://t.co/XdamaX4PKy)
➤ @b1m_ai SN105
They showed they could transfer 10 GB from R2 to Internet to R2 in 21 seconds on a distributed network.
(https://t.co/kwMXajTEiW)
➤ @oroagents SN15
They announced the next stage of their subnet: an automated post training pipeline that should help them build the best product for AI shopping.
(https://t.co/cTFIBue3zu)
➤ @green_compute_ SN110
In their first month on Bittensor, they generated over £82,000, so they are doing $8,200 in token buybacks.
(https://t.co/cjgQb4DrN0)
➤ @qBitTensorLabs SN63
Just 14 hours after launch, their miners were able to produce a generalized solution for breaking RSA 340.
(https://t.co/dddJCMWYXY)
➤ @inference_labs SN2
They shared Sertn’s Model Art, which helps visualize what needs to be done to improve a model.
(https://t.co/hR7R6Z2mRr)
➤ @trishoolai SN23
They announced that they have been accepted into the Google for Startups Web3 Program.
(https://t.co/3YWEJHYX4b)
➤ @vocence_bt SN78
They shipped new features, including a Noise Remover.
(https://t.co/s6h2ik3bBs)
➤ @almanac_market SN41
They shared an update about where they’re headed, and said they will soon introduce a second incentive mechanism within their subnet.
(https://t.co/qgr4gzYuLX)
// NEW SUBNET
➤ @EndureNet SN30
Endure is a new “decentralized risk intelligence network” on Bittensor.
(https://t.co/Nyp1BFcTGj)
// BITTENSOR ECOSYSTEM
➤ @proofoftalk
This week, Proof of Talk took place in Paris, with a full section of the event dedicated to Bittensor and its subnets.
(https://t.co/NtDwiEsC9f)
➤ @TAO_dot_com
The Tao(.)com wallet is now available on Android.
(https://t.co/ZcETG8gb1S)
➤ @mentatminds
They released their new Sum of Mining Subnets (SoMS) index, composed of productive mining subnets that don’t burn 100% of their emissions.
(https://t.co/ZamFLj8ShW)
➤ @taostats
You can now check out the full table of which subnets have conviction on Taostats.
(https://t.co/Izhmy1fimu)
// PODCASTS & ARTICLES
➤ @TAO_dot_com Episode 13 with @Carrot_____1 and @KeithSingery
(https://t.co/dxgMgLnb01)
➤ @MacrocosmosAI interview with their AI Research Lead, Dr. Alan Aboudib.
(https://t.co/BymX5mMmew)
$TAO
Micaela @micaelabazo, CEO of NOVA (SN68) at PoT:
"We're part of the most important investment category, potentially the most rewarding, because our success will not just be measured in dollars, euros, or $TAO, but also HUMAN LIFE."
📽️ Credit: @proofoftalk@SubnetSummerTAO
At 'Proof of Talk' in Paris this past week, @const_reborn asked Macrocosmos to fire up a decentralized AI model pre-training run for him.
They made him pay 5 TAO.
Within minutes, the IOTA network of computers around the world began training.
Liquid, scalable, fault-tolerant, on-demand training for AI models.
No Colossus required. Computer owners are earning crypto for AI training -- AirBnB'ing their hardware.
This was a magical little 'Hello, World' moment.
@ProofofTalk made one thing clear: for Bittensor to reach the next level, enterprise adoption has to accelerate.
At Leadpoet, we’re helping drive that future forward.
We’re excited to share that Leadpoet has begun paid pilots with a large, publicly listed enterprise software company and an AI compute infrastructure platform, bringing our sales enablement product into sophisticated sales workflows.
We’re more convinced than ever that frontier subnet products are heading to the Fortune 500.
If you’re an enterprise, or selling into enterprises, let’s bring Bittensor to market together.
Our AI Research Lead, Dr. Alan Aboudib, has been instrumental in building @IOTA_SN9 and launching Orion-100B, the largest distributed LLM pretraining run conducted over the open internet across globally distributed infrastructure.
We spoke with Alan about his background, education, experiences, and perspectives on AI.
Alan was a lead architect behind ResBM, our SOTA compression technique designed specifically for IOTA. He has pushed our work to the frontier of distributed AI development, helping us achieve feats that were only imaginable several years ago.
Vision AI is not solved.
We are solving it in the open. On Bittensor.
Accurate enough to trust. Fast enough to act. Efficient enough to deploy.
Up to 400x more efficient than a frontier model, equal or better accuracy, small enough to run next to the camera.
@tm0klc's full @proofoftalk keynote below 👇
Thanks @GSchvey for your thoughtful summary of our Orion-100B work. The reason we are excited about these results is:
- IOTA allows us to train very significant model sizes without requiring expensive hardware
- model parallelism allows us to extract useful work from commodity GPUs at a time where compute scarcity is a limiting factor for other labs
- we do not appear to incur a large overhead due to our approach (65% as fast as a data center, and growing)
- our system can extract value from very short bursts of cheap compute
I also want to stress that we are committed to providing the evidence required to substantiate our claims. We see distributed training as an economically disruptive force, and this is the core of the thesis we want to prove. Watch this space. Plenty more to share soon.
what an amazing, wonderful week at @proofoftalk.
A few thoughts:
- we have come a LONG way in a year.
- Teams that were shuttling first dollar in 25 are hitting 8 figures mid 26 (shout out to my brother @0xcarro and the @manifold team, and partnership warlord @MaxScore and the gang)
- research subnets with dreams in 25 are publishing actual results - druggable receptors for ADHD meds! Big up @metanova_labs (and @micaelabazo)
- lots of bullish new teams (@cacheon_ai Babelbit, Green Compute), and returning first timers from 25 who have made series strides this year ( @markjeffrey hosting the fireside only 13 months after his first in person event at Endgame, after launching a fund. Shout out to @MarkCreaser at DSV)
- @Old_Samster combining his increasingly sharp alpha with a new all white angelic look.
- apparently @taostats is the new Da Vinci stage (which as a Bittensor oriented stage rocked) - does that mean @mogmachine is the statue of David?
- my brother @macrozack on stage proving pitches, and taking the finishing slot of the conference this year with @bitstarterAI was a sweet, full circle moment.
-thank you to Paul and the @XVentures_Fund team for another stellar performance.
As for us, last year was when we started the @IOTA_SN9 dream. This was the week it felt like coming onto reality. Big love to everyone who’s been a part of it.
2026 is clearly the year.
Q: Bittensor $TAO does for stranded talent what Bitcoin did for stranded energy?
Const: Yeah. Stranded talent, stranded compute, stranded innovation; and now we can soak up excess intelligence.
📽️ Credit: @proofoftalk@SubnetSummerTAO
Bittensor isn't broken, our focus is.
Sum of Subnets (SoS) contains 50+ subnets that burn 100% of their emissions.
We need a true benchmark that tracks what actually matters.
Sum of Mining Subnets (SoMS) is the one we need.
Buy the real Bittensor market in 1 click with Mentat SoMS.
Bittensor is designed around incentives. If we fund the subnets that build, ghost subnets die out. No regulation needed, just better capital allocation.
Let's make SoMS outperform SoS.
These subnets in comments are the true face of the network 👇