cτ

chilling

[cτ @chilltensor]

$10,000 invested in Bittensor $TAO 20 months ago is worth roughly $1.2 million today.

[Jon Erlichman @JonErlichman]

$10,000 invested in Nvidia a decade ago is worth roughly $1.7 million today.

[cτ @chilltensor]

@ankurnagpal GUIDE

[Ankur Nagpal @ankurnagpal]

This is the most valuable resource I have ever created

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The best of my content in a single place

Want a free copy?

- Like / RT this post
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[JJ @JosephJacks_]

Incredible. Bittensor co-founder @const_reborn just shared his script for DCA'ing into subnet tokens... Transparent decentralized AI capitalism FTW. 🚀

https://t.co/K8oYU5kVPL

[JJ @JosephJacks_]

🗞️ 🤲🏼 On the heels of dTAO merging today, I’m pleased to share that @OSSCapital is doubling our commitment, bringing our total investment in Bittensor to $50M. This represents (even well before this tweet) the largest investment in Bittensor since the launch of the protocol. We also continue to aggressively scale our open source contributions at @LatentHoldings (see reply tweet for a list of everything we have been shipping since forming Latent a couple months ago) — which maintains the Bittensor SDK, CLI, core docs and more. Onwards! $TAO

[Barry Silbert @BarrySilbert]

@maxscore AI’s Netscape moment

[τoddsτeez @Toddsteez]

This is one of the reasons why Bittensor is better than anything else…@const_reborn is as unbiased and fair as a leader can be. His focus and aim is to push $TAO into the future of a crypto free market (dtao) and promoting incentivized, decentralized intelligence for all. While he claims to not be Satoshi, I feel comfortable calling him my Sataoshi.

Viva Bittensor!

[CoinDesk @CoinDesk]

DCG's Silbert called decentralized AI "bigger than bitcoin," highlighting firm's $105 million worth of deAI investments, including in Bittensor's $TAO in a new public letter.

by @realDannyNelson

https://t.co/8MsZkul4LV

[Barry Silbert @BarrySilbert]

We are on the threshold of another transformative shift: deAI. For @DCGCo, I wrote below about the evolution from the digital ownership of assets to the decentralized ownership of intelligence and Bittensor as the “World Wide Web of AI.”
Similar to Bitcoin, Bittensor $TAO is open, transparent, and community-driven. And as we learned from Bitcoin, early revolutions look complicated on their surface, but therein lies tremendous potential.

[Grayscale @Grayscale]

1/ The recent news about Chinese #AI company DeepSeek highlights both the power of open-source technology and the risks of centralized control in AI development. This situation underscores the need for #decentralized AI solutions like Bittensor $TAO. A thread 👇🧵

[intern @intern]

2024 Crypto Year in Review

[- @agentic_first]

https://t.co/1AfPsuYmIk

[Zartonk Media @ZartonkMedia]

BREAKING: ServiceTitan Goes Public, Makes History As First Armenian-Founded Tech Company To IPO On Nasdaq, Valued At Over $10 Billion 🇦🇲📈
➖➖➖
Today is IPO Day. ServiceTitan has officially gone public on the Nasdaq under the ticker $TTAN, becoming the first Armenian-founded tech company to IPO on the Nasdaq Global Select Market. This landmark moment for the Armenian community and the global tech sector marks a new chapter for ServiceTitan, as the company raised an impressive $624.8 million through its initial public offering (IPO), pricing its shares at $71 each — well above its anticipated range.

ServiceTitan shares surged 42% in their Nasdaq debut, opening at $101 per share, well above the IPO price of $71. This surge gave the cloud-based software company a valuation of over $10 billion. The stock is currently trading at $101.65, reflecting strong demand and growing investor confidence in the company’s long-term potential.

Founded in 2012 by Armenian entrepreneurs Ara Mahdessian and Vahe Kuzoyan, ServiceTitan is a Glendale, California-based cloud software platform designed to empower residential and commercial contractors. What began as a mission to solve challenges within their own families’ businesses has evolved into a global SaaS leader in the trades industry, transforming how HVAC, plumbing, electrical, and other service companies operate.

A Story of the American Dream
This milestone was made even more special by the emotional full-circle moment that took place during ServiceTitan’s Nasdaq debut. In a heartwarming display of gratitude and legacy, Ara and Vahe stepped back as their parents pressed the Nasdaq ceremonial button, symbolizing the very reason ServiceTitan was created. Their parents, who spent years working in the trades, inspired the creation of the platform, as Ara and Vahe sought to modernize their family businesses using technology.

Congratulations to Ara, Vahe, and the entire ServiceTitan team on this historic milestone!

🇦🇲 ServiceTitan has made history. From humble beginnings to Nasdaq.

#ServiceTitan #IPO #ArmenianPride #AmericanDream #TTAN #Nasdaq #BuiltForTheTrades #TechNews

Read the full article on https://t.co/jZctVUWohO.

[Everτ τ, τ @evert_scott]

Decentralized Minds, The Bittensor Revolution

Decentralized Minds, The Bittensor Revolution takes you on a thought-provoking journey through the evolving world of artificial intelligence.

As the narrative unfolds, it dives deep into the rapid evolving advancements of AI, the implications and the potential dangerous misuse by those in power. The film explores the ethical dilemmas we face, through compelling stories and insights it presents a hopeful vision for the future. It showcases how humanity can steer these groundbreaking technologies towards the greater good by embracing decentralized & revolutionary systems, like Bitcoin and Bittensor.

Featuring: @const_reborn @shibshib89 @mogmachine @WSquires @macrocrux @0xcarro @ProfFahdKhan @benzion_b @KeithSingery @JosephJacks_

#Bittensor $TAO

[Bankless @Bankless]

Does Crypto's Top AI Project Even Work?

@bittensor_ has been one of the leading projects of the crypto + AI narrative. Does it do anything, or is it vaporware?

AI x Crypto is the talk of the town. It’s one of the hottest investment themes of this bull market.

Bittensor (TAO) is one of the leading projects of the AI narrative, both in terms of market cap and mindshare. But recently, there’s been a bit of a stir on Crypto Twitter about its utility, with some even calling it vaporware and a pointless exercise in decentralization.

But hey, there are always two sides to every coin. While critics have been vocal about their doubts concerning Bittensor and its design, we're focusing on the brighter side today.

There’s a lot of cool things happening in the Bittensor ecosystem. We're going to highlight the most impressive subnets and take a look at the DeFi projects that are growing with Bittensor and TAO.

Intro to Bittensor

Bittensor aims to democratize the process of building AI-powered use cases by creating an open P2P marketplace where people can share and use machine learning models.

The key idea behind Bittensor is that it forms an interconnected neural network of machine intelligence. Anyone can tap into this network and build subnets, which are specialized protocols that use this collective intelligence to power all sorts of AI projects.

Right now, there are 32 subnets in the Bittensor ecosystem, each focused on a unique use-case. Think of voice-to-text for apps, image generation, AI-powered search engine, advanced trading strategies, and even fine-tuning Large Language Models (LLMs) for other use-cases. The possibilities are endless.

For instance, some insights in this article are from Corcel, a user-friendly tool from Subnet 18 in the Bittensor ecosystem, also known as the Cortex.t Subnet. It works similarly to chatGPT in terms of functionality, but it uses the collective intelligence of Bittensor network’s machine learning models to deliver the best responses to user queries.

Now, let's check out some of the standout subnets in the Bittensor ecosystem and their functions:

Subnet 6 — Nous Fine-tuning

Subnet 6, run by the reputable @NousResearch team, stands out in the Bittensor ecosystem. This subnet specializes in fine-tuning Large Language Models (LLMs) with synthetic data from Corcel in Subnet 18.

Every miner in Subnet 6 gets the same synthetic data daily and uses it to fine-tune LLMs for specific results. They employ their own strategies and techniques to achieve the best performance on this data.

The key competition element comes in with the TAO rewards. Miners whose LLMs have a lower "head-to-head loss" – meaning they make fewer errors – earn a larger slice of TAO rewards. This incentivizes everyone to put their best foot forward and continuously improve their models to climb up the fine-tuning subnet leaderboard.

This approach with fresh synthetic data to train LLMs is an improvement over traditional methods that rely on static datasets, as constantly changing synthetic data forces LLMs to adapt and learn continuously, making them more adaptable to real-world scenarios.

Subnet 8 — Proprietary Trading Network

Subnet 8, known as the Proprietary Trading Network (PTN) by τaoshi, is a competitive playground where top algo traders deploy quantitative models to analyze markets and forecast price movements of assets like $BTC and $TAO. The best algorithms, based on their profitability, win rewards in TAO.

Miners providing valuable trading signals are rewarded with TAO, validators receive 100% of the revenue from trading signal sales, and users gain access to insights that can help them potentially outperform the market.

The fact that SN8 generates revenue is an important milestone for the Bittensor community, demonstrating that viable businesses can be built on Bittensor. This signal can draw new talent, users, miners, and validators, catalyzing the growth and development of the entire ecosystem.

Recently Registered Subnets on Bittensor

As Bittensor's popularity has increased, there's been a wave of interest from reputable teams across the ecosystem to register their own subnets on Bittensor. Notable examples include:

- Subnet 3, MyShell TTS — Dedicated to democratizing access to top-tier Text-to-Speech (TTS) models.

- Subnet 5, Open Kaito — Committed to making Web3 information universally accessible, Kaito aims to dismantle barriers, enabling collective efforts in organizing and interpreting the vast data of Web3.

- Subnet 30, WomboAI — Home to WOMBO, an immensely popular app (with over 100 million downloads) that empowers creativity through AI, transforming simple ideas into animated pictures or generating art from a few words.

Moreover, there are over 200 subnets currently in testnet, waiting to register on mainnet, each with unique objectives and reward structures.

Since the number of subnets in Bittensor ecosystem are capped at 32 at the moment, the competition is intense and the lowest-performing subnet is replaced by a new one after a one-week immunity period. This competition will only increase as more projects vie to build a subnet on top of Bittensor. It’ll be fascinating to see what the subnet landscape changes in the upcoming quarters.

Having looked at the subnets on Bittensor, let’s move to the next part of this article — the Bittensor DeFi ecosystem.

Bittensor’s DeFi Ecosystem

The Bittensor DeFi ecosystem is taking shape in real-time. Just six months ago, it was non-existent, yet now it has more than ten applications providing financial products centered around Bittensor and its native token, TAO.

Let’s look into some of these applications:

Tensorplex Stake (stTAO)

Tensorplex offers a product lineup focused on decentralized AI, built on top of networks like Bittensor. As an active participant in the Bittensor ecosystem, they offer a range of services, including Tensorplex Stream, which provides AI-generated summaries for podcasts, Twitter spaces, and news articles. Additionally, they are active miners on Bittensor subnets.

One of their offerings, Tensorplex Stake, launched on Ethereum in February 2024, enabling users to participate in staking on the Bittensor network and earn yield (currently exceeding 16%).

Here’s how it works:

- Tensorplex Stake allows users to stake their wTAO, and receive stTAO in return. stTAO represents your staked TAO and tracks the staking rewards.

- The underlying wTAO is bridged to the Bittensor network and staked with validators, where it earns a yield. This yield is given back to the users on Ethereum.

This approach offers a convenient way for users on Ethereum to explore yield-earning opportunities with TAO without having to bridge their assets to Bittensor.

TaoPad — Building DeFi for TAO

TaoPad stands as the first Bittensor-focused launchpad, aiming to enhance the value of the TAO token and bolster the broader Bittensor network.

TaoPad’s launchpad enables new projects, especially those focused on decentralized AI, to get kickstarted with a token sale.

TAO is the foundation that TaoPad’s design builds upon, and here's how it leverages TAO to generate utility:

Rewards System — TaoPad distributes rewards to its holders in the form of wTAO.

Launchpad Participation — The TaoPad Launchpad allows users to participate in new project launches by using wTAO. This creates a use case for wTAO and fosters the growth of the Tao ecosystem by bringing new projects on board. To participate in a project's launch on TaoPad, investors allocate a portion of their $wTAO to the project's funding pool. The greater the amount of wTAO committed by a user, the more favorable the pricing they receive for the new project's tokens.

[MartyParty @martypartymusic]

Breaking: @BlackRock has tokenized their BlackRock USD Institutional Digital Liquidity Fund into 100 shares on an @ethereum erc20 contract 👀

Fund:

https://t.co/OcQXLoFQaj

SEC filing:

https://t.co/27bSZA9OF4

Ethereum contract:

https://t.co/p6w8tuzqwa

[Mark Jeffrey @markjeffrey]

Hash Rate - Ep. 46: Bittensor AI Venture Capital
🧙 Guest: @JosephJacks_ of OSS capital

- $25M committed to #Bittensor ecosystem!!!
- What is OSS interested in funding?
- Subnet tour: make it tangible
- AI startups make more revenue on Bittensor (!)
- $TAO to 1 Trillion+? A #Bitcoin-like asset?
- Talking $TAO with Redhat Founder Bob Young
- Bittensor is generating more revenue than OpenAI?
- Are blockchains socialism? Or capitalism? Or BOTH?
- Should $TAO rewards flow to market usage also?
- Get compensated for building raw AI infrastructure

HASH RATE is published exclusively on @X

[Nodexo @nodex0_]

Learn to mine $TAO on Bittensor’s Compute Subnet 27. Just supply the GPUs and start earning rewards!

New updates continuously rolling out from our expanding blockchain team. ⬇️

https://t.co/VaOtptxVHr

[NI Intern (ττ) @NI_Intern]

4 digit $TAO waiting room

... get in here

[cτ @chilltensor]

@Sitegains $5