🚨 @markjeffrey just dropped an even more ruthless video walkthrough of the @stillcorecap State of $TAO report that's simply conviction building.
If you are not paying attention, you should be
I've lived in this ecosystem. It confirms everything.
Bittensor took Bitcoin's revolutionary idea, aligned incentives to build Earth's largest supercomputer, and made it Programmable for AI and more.
128 subnets.
$2M-$100M valuations each.
Every single one requires $TAO to access. No exceptions.
Subnet wins = direct $TAO demand.
December 2025 changed something:
Consumer wallets finally live.
https://t.co/Fz4bXwm2e9 @TAO_dot_com Buy $TAO with Apple Pay. Trade subnets. All in one app.
For 4 years, the same 20k people cycled liquidity.
Now? Floodgates open. Retail inflows incoming.
Signal of quality that terrifies me into deeper conviction:
• Barry Silbert: Full-time on Yuma. He calls it the biggest since BTC.
• David Lawee: 20 years Google. Now full-time Bittensor. The AdSense creator is building a subnet @ReadyAI_
• Jack Clark (Anthropic co-founder): Validated Templar as most advanced decentralized training anywhere.
. CrunchDAO bringing 10,000 ML engineers into the ecosystem @crunchDAO
Standouts crushing centralized:
• Ridges SN62: Outperforms Claude/Cursor on SWE bench at 1/70th cost. MC $50M vs. Cursor's $29B valuation. @ridges_ai
• Chutes SN64: 40B+ tokens/day on OpenRouter, sometimes topping Grok volume, at 1/6th cost. @chutes_ai
• Templar SN3: 70B param model trained fully decentralized. Anthropic co-founder spotlighted it. @tplr_ai
• Hippius SN75: Storage at 1/400th-1/4000th AWS S3 cost. Zero egress. @hippius_subnet
• 404Gen SN17: Text-to-3D with world's largest 25M object library. @404gen_
• Score SN44 launched Manako for vision AI through conversation @webuildscore
Partnerships:
▪︎ Lavance: France's dominant car/heavy-vehicle wash network
▪︎ Reading FC: Professional football club
▪︎ AVIA: Major fuel/petrol station chain
▪︎ Two-a-Day Group: Large-scale agriculture/produce
• Bittensor x HackQuest dropped a worldwide competition + learning path pulling in devs/builders to spawn next-gen subnets @HackQuest_
• GTAO (Bittensor Trust) public & open for accredited investors first U.S. listed direct $TAO exposure.
100% consent for staking approved (Jan 2026) S-1 filed late 2025 to convert trust to spot ETF. @DCGco
Halving supply shock live.
Consumer onramps here.
Elite validation pouring in.
Bittensor isn't just a protocol.
When AI does everything better than humans, who owns it?
$TAO holders do.
Mandatory watch below: https://t.co/Wy4DC2uoZF
The subnets are already shipping at scale
Read the report
https://t.co/nkYRjIkWS1
$TAO
What role does TAO play in Bittensor?
Imagine there was a country that just popped up in the middle of the Atlantic ocean. And it was full of the world's best AI minds, data scientists, ML engineers and scientists all incentivised & paid to solve a myriad of different challenges.
And these clusters of work (subnets) are the new evolved type of businesses within this new land. And like any country or ecosystem, some businesses will be grifts, some shit, some average, some great and the odd unicorn or 2.
But the cool thing is that in order to buy the future upside or downside of some of these businesses, you have to first buy the currency of the ecosystem, that's $TAO. THEN you have to swap your TAO for the subnet token that you desire.
It's this linkage which is one of the most powerful parts of this new Bittensor country...all it actually needs is just one subnet to do really well and it will drag the value and price of TAO up with it.
I've never seen such an asymmetric opportunity in my life...
https://t.co/eUttQJ0OTO
Jensen Huang, the CEO of @nvidia is shilling #Bittensor without even knowing it
"Essentially what #bitcoin is doing is taking excess energy and storing it into a new form, its called currency and you take that currency wherever you like"
"So you took energy from one place and now you've transported it everywhere.. now, of course that's just #Bitcoin"
"Imagine a much more universal currency.. called intelligence"
$TAO
"Show me the incentive and I'll show you the outcome."
But show me the Incentive Layer, and I'll show you how to mechanize, optimize and accelerate that outcome.
Bittensor $TAO.
https://t.co/iajBM00zOe