Qrypτosaur.base.eth (❖,❖) (τ, τ)

Incenτivizing Inτelligence (τ, τ) — $TAO OG, holding since τhe Nakamoτo Chain.

[Qrypτosaur.base.eth (❖,❖) (τ, τ) @Qryptosaur]

τ - World Computer III

#AI

[const @const_reborn]

Many years back @KyleSamani and I had a call.

He dropped at 5 minutes because i said we used a 21M Bitcoin style supply curve.

Happy to pickup the conversation where we left off.

[Openτensor Foundaτion @opentensor]

This week on Novelty Search :: SN3 @tplr_ai

@covenant_ai 72B. ~1.1T tokens. Commodity internet. No centralized cluster. No whitelist. Anyone with GPUs could join or leave freely.

Special guests :: @DistStateAndMe @erfan_mhi @Hevalon @joellidin @amir_sarfi

Hosted by :: @const_reborn
9PM UTC // via Bittensor Discord

[templar @tplr_ai]

On the @theallinpod this week, @chamath asked @nvidia CEO Jensen Huang about decentralized AI training, calling our Covenant-72B run "a pretty crazy technical accomplishment."

One correction: it's 72 billion parameters, not four. Trained permissionlessly across 70+ contributors on commodity internet. The largest model ever pre-trained on fully decentralized infrastructure.

Jensen's answer is worth hearing too.

[Openτensor Foundaτion @opentensor]

🇨🇳 @const_reborn at Tsinghua university, Beijing
(Full presentation) // @HackQuest_

[Qrypτosaur.base.eth (❖,❖) (τ, τ) @Qryptosaur]

τhank you @const_reborn, for everyτhing you have given τo τhis vision 🙏

From one of τhe τrue $TAO OGs - holding since τhe Nakamoτo Chain.

@opentensor @bittensor @xtaohq @FoundryServices @BarrySilbert @YumaGroup @samaroo00

[const @const_reborn]

The future is owned by those that can wield the recursion of intelligence.

[Qrypτosaur.base.eth (❖,❖) (τ, τ) @Qryptosaur]

Incenτivizing Inτelligence (τ, τ) - $TAO OG,

holding since τhe Nakamoτo Chain

[Qrypτosaur.base.eth (❖,❖) (τ, τ) @Qryptosaur]

Incenτivizing Inτelligence (τ, τ) - $TAO OG,

holding since τhe Nakamoτo Chain

[Openτensor Foundaτion @opentensor]

The first TAO halving has occurred.

- Current block reward: 0.5 TAO.
- Current daily emission: ~3,600 TAO.
- TAO halving reduces emission rate by 50%
- Halves: TAO emissions & subnet Alpha pool injections
- Unchanged: Alpha participant rewards (miners, validators + earned stake.)

[Everτ τ, τ @evert_scott]

The Incentive Layer - A bittensor documentary 🎥

Watch now on https://t.co/Cdj4QkxmpM

Explore how a global network is reshaping the production of intelligence through open collaboration, aligned incentives, and permissionless innovation. Taking the lessons from bitcoin and the internet, shaping a future where innovation is fair, efficient, and built by the many.

The documentary has been made possible by:
@opentensor @taostats @latentholdings @DreadBong0 @taodotcom @YumaGroup

Featuring:
@BarrySilbert @KibibyteMe @EvanMalanga @gylestensora Jack Foster @JosephJacks_ @const_reborn @jon_durbin @SiliconJose @mogmachine @markjeffrey @mikecontango @parshantdeep @Old_Samster Yoav Cohen

$TAO

[TAO Synergies Inc. @TAOSynergies]

TAO Synergies Raises Bittensor ($TAO) Holdings to over 54,000 Tokens, Largest Publicly Traded Holder of Top Decentralized AI Cryptocurrency. Read the press release here: https://t.co/0wXyJNzPSH $TAOX #DeAI #Bittensor #Crypto #AI

[𝗗𝗥𝗘𝗔𝗗 𝗕𝗢𝗡𝗚𝗢 @DreadBong0]

$TAO is the largest holding in the @Grayscale Decentralized AI Fund

Making up 33.53% of the entire portfolio

That's one third of the fund dedicated to #Bittensor

$TAO

[Grayscale @Grayscale]

.@opentensor $TAO helps leverage economic incentives and decentralized networks for open and accessible #AI development.

Grayscale Bittensor Trust is open for private placement for eligible accredited investors.

Learn more and see important disclosures: https://t.co/GN66eNEdSt

[0xJeff @0xJeff]

https://t.co/hh7k9qcAfT

[Barry Silbert @BarrySilbert]

Institutions entering Bittensor $TAO and investing in subnets is a moment we’ve anticipated

Connecticut Innovations’ investment reinforces decentralized intelligence as a leading frontier

[Everτ τ, τ @evert_scott]

📽️ Documentary Launch date! 📅

The Incentive Layer launches the 29th of October!

A deep dive into the world of bittensor.

Buckle up

Made possible by 🙏:
@opentensor @taostats @latentholdings @DreadBong0 @taodotcom @YumaGroup

$TAO

[Cointelegraph @Cointelegraph]

🚨 LATEST: Grayscale just filed a Form 10 for its Bittensor Trust $TAO.

[Andy ττ @bittingthembits]

If Bittensor markets were fully developed AI startups, their combined market valuation could range between $100B - $200B+, competing with centralized Companies like OpenAI, Anthropic, and CoreWeave. That's what Dyanmic $TAO is about to do. Based on 64 Subnets, what happens when we scale to thousands? With 21 million design and halvenings!

Here is how:

I'll group these subnets into key AI industry sectors that align with their functionality.

▫️AI Model Development (Foundation Model Providers)

•Comparable Companies: OpenAI, Anthropic, Mistral, Hugging Face

•Subnets: SN 9, SN 29, SN 39, SN 11, SN 21, SN 37, SN 38, SN 3, SN 5, SN 35, SN 56, SN 58

•Market Valuation Estimate: $50B+ (OpenAI alone is estimated at $90B)

•Subnet Value Range: $100M - $3B each, depending on specialization

▫️Generative AI (Text, Image, and Audio)

•Comparable Companies: Midjourney, Stability AI, OpenAI (DALL-E, Whisper)

•Subnets: SN 4 (Targon), SN 19, SN 2, SN 54, SN 17, SN 18, SN 23, SN 26, SN 50, SN 46

•Market Valuation Estimate: $30B+

•Subnet Value Range: $100M - $2B

▫️Agentic AI (Autonomous Agents & AI Assistants)

•Comparable Companies: Adept AI, OpenAI (GPT Agents), AutoGPT, Rabbit R1

•Subnets: SN 1 (Apex), SN 45, SN 62 (AgentTao), SN 59, SN 20, SN 10

•Market Valuation Estimate: $20B+

•Subnet Value Range: $500M - $2B

▫️Predictive AI & AI Trading

•Comparable Companies: Numerai, PredictIt, Jane Street (AI-powered HFT)

•Subnets: SN 6 (Infinite Games), SN 30 (BetTensor), SN 41 (Sportstensor), SN 28 (Foundry S&P 500 Oracle), SN 44 (Score Predict), SN 48 (NextPlace AI), SN 57 (Gaia)

•Market Valuation Estimate: $10B+

•Subnet Value Range: $200M - $1.5B

▫️AI Compute Providers

•Comparable Companies: CoreWeave, Lambda Labs, Together AI

•Subnets: SN 51 (Celium), SN 64 (Chutes), SN 12 (Horde), SN 27 (Neural Internet)

•Market Valuation Estimate: $15B+

•Subnet Value Range: $500M - $5B each

▫️AI Data Pipelines & Data Labeling

•Comparable Companies: Scale AI ($14B), Snorkel AI ($1B), Labelbox ($1.3B)

•Subnets: SN 24, SN 13, SN 33, SN 40, SN 42, SN 52

•Market Valuation Estimate: $10B+

•Subnet Value Range: $300M - $2B

▫️AI Components & Tooling (Model Optimization, Deployment, Fine-tuning)

•Comparable Companies: Hugging Face, MosaicML ($1.3B)

•Subnets: SN 47, SN 31, SN 15, SN 49

•Market Valuation Estimate: $8B+

•Subnet Value Range: $300M - $1.5B

▫️AI-Powered Tools (Specialized AI Applications)

•Comparable Companies: Quora (Poe), Perplexity AI, BloombergGPT, DeepL

•Subnets: SN 34, SN 61, SN 32, SN 53, SN 8, SN 14, SN 22, SN 54

•Market Valuation Estimate: $8B+

•Subnet Value Range: $200M - $1.5B

▫️Scientific Research (DeSci)

•Comparable Companies: Protocol Labs, Biotech-focused AI startups

•Subnets: SN 25, SN 43, SN 36

•Market Valuation Estimate: $5B+

•Subnet Value Range: $200M - $1B

▫️General Infrastructure (Decentralized AI Infrastructure)

•Comparable Companies: Bittensor itself, Akash Network

•Subnets: SN 16 (BitAds), SN 7 (SubVortex)

•Market Valuation Estimate: $5B+

•Subnet Value Range: $300M - $1B

Step 2: Summing the Estimated Market Value

Adding up the projected values from each category:

While this is a broad estimate, AI markets often have overlapping applications, so a reasonable adjusted valuation would be:

Low estimate: $100B (accounting for overlap and market competition)

High estimate: $200B+ (if the network captures significant adoption)

▫️Valuation Per Subnet

•Top-tier subnets (major LLMs, compute, predictive AI): $2B - $5B+

•Mid-tier subnets (agentic AI, data pipelines, AI tools): $500M - $2B

•Smaller specialized subnets (niche AI markets, early-stage growth): $100M - $500M

This analysis shows the incredible potential upside of $TAO, as these markets are still in early development stages. If adoption accelerates and these AI markets keep growing at their current pace, Bittensor could capture a massive share of decentralized AI's future market.

[Yuma @YumaGroup]

Introducing Yuma Asset Management.

We’re unlocking access to decentralized AI through Bittensor subnet tokens.

Backed by a $10 million anchor investment from DCG, Yuma Asset Management bridges investors to a new asset class.

Learn more: https://t.co/PB9TKtWlqo