Marcel | TAO Research

Crypto researcher & long-term investor
Exploring Bittensor, subnets & decentralized intelligence

[Millie @AltcoinMillie]

Wait is my inference speed faster on @engyai now or am I trippin lol $TAO

[Dr Reed @ExponentialReed]

In their first 2 weeks of buybacks, @engyai have already bought over $11k worth of alpha and burned it.

Very interested to see how this grows over the coming months.

[Mark Jeffrey @markjeffrey]

You're STILL paying too much.

Frontier Inference from Claude is ridiculous. It's way overpriced and has caps and outages.

Stop that.

Use https://t.co/RyqkFHCxXa K3 / GLM 5.3 / Deepseek flash instead.

Powered by Bittensor.

cc: @RaoulGMI

[Jon Cipher @_joncipher]

💫💫 ENGY SN53 💫💫

Cathie Wood just called it:

“After three and a half years, agentic AI has created another ChatGPT moment.”

OpenAI already has 20 million active agent users.

Enterprise revenue up >50%.

And agents are still only 2% penetrated against ChatGPT’s user base.

This is the demand curve Engy was built for.

Agents don’t chat once and leave.

They loop. They cache. They burn 5× more tokens than humans - and that number is still climbing fast.

New site. Clear positioning:

“The fuel for a world run by agents.”

Verified inference.

Zero data retention.

Kimi K3 with 1M context + vision, already live and tuned for heavy agentic traffic.

While others are still debating decentralization theater, Engy is positioning the product for the actual workload that is exploding.

The agent wave is here.

Someone has to supply the tokens they burn at scale, with reliability and trust.

That’s the job.

https://t.co/9ZwaerjQj1

https://t.co/NuBZCdB2MX

$TAO $SOL $AI
#Bittensor #TAO #AI #DecentralizedAI #SN53 #Engy #Kimi #Agents #Inference #Crypto #Web3

[engy.ai @engyai]

Kimi K3, running on Engy, redesigned https://t.co/bsUzzt6L9y. Do you like the new look?

[Marcel | TAO Research @marceltaores]

RT @_joncipher: 🔥🔥 ENGY 53 - $1M CONTRACT 🔥🔥

$1m contract waiting to sign

Position wisely

$TAO $SOL $AI
#Bittensor #TAO #AI #Decentraliz…

[Marcel | TAO Research @marceltaores]

It’s true

[Ning @totheagi]

Engy is one of the few recent breakouts actually pulling outside capital into TAO. new buyers entering the network. if you fud, you make us all look bad and make people leave. so think about it.

[Algod @AlgodTrading]

@engyai k3 with the @NousResearch harness is best combo so far

[Marcel | TAO Research @marceltaores]

We were active in the community today.

New people joining and introducing themselves.
More business opportunities being prospected.
More movement. More work being done.

Let’s see where it leads.

Nothing meaningful happens overnight. But one thing is clear: this subnet is putting in the work.

@engyai

#TAO #53 #SN53

[Marcel | TAO Research @marceltaores]

People are already creating content around ILUM simply because it currently has the highest token price and sits at #1.

But token price alone means very little. Market capitalization is what actually reflects the scale and valuation of an asset.

A token can trade at $100 and still be worth less than a token trading at $5. It all comes down to circulating supply × token price = market cap.

Tokenomics matter. Supply matters. Emissions matter. Liquidity matters. A high unit price can simply be the result of a smaller circulating supply or thinner liquidity — it does not automatically mean the network is more valuable, stronger, or has attracted more capital.

That’s why comparing subnet tokens purely by price can be extremely misleading. Market cap gives you a much better picture of how the market is actually valuing the asset.

But rankings are never permanent.

Things could get very interesting once a few subnets finally ENGYne their machines, turn real usage and revenue into token demand, and start coming for that #1 spot.

The race is just getting started. 👀

#Bittensor #TAO #dTAO

[WolfWammer @wolfwammer]

@engyai on 🔥

[engy.ai @engyai]

Kimi k3 now supports image input and 1M context on Engy.

https://t.co/tFYJYZoZsU

[ForeverMoney @forevermoney_ai]

The Bittensor ecosystem arrived on @Base!

Base brings millions of users, deep DeFi and trading infrastructure and the most intuitive onchain experience in crypto.

Bittensor brings a decentralized AI infrastructure across compute, coding, vision, and prediction.

Chainlink CCIP, the cross-chain bridge that secures billions in value, connects them both.

The onchain AI era starts here 🟦

[Marcel | TAO Research @marceltaores]

People are already creating content around ILUM simply because it currently has the highest token price and sits at #1.

But token price alone means very little. Market capitalization is what actually reflects the scale and valuation of an asset.

A token can trade at $100 and still be worth less than a token trading at $5. It all comes down to circulating supply × token price = market cap.

Tokenomics matter. Supply matters. Emissions matter. Liquidity matters. A high unit price can simply be the result of a smaller circulating supply or thinner liquidity — it does not automatically mean the network is more valuable, stronger, or has attracted more capital.

That’s why comparing subnet tokens purely by price can be extremely misleading. Market cap gives you a much better picture of how the market is actually valuing the asset.

But rankings are never permanent.

Things could get very interesting once a few subnets finally ENGYne their machines, turn real usage and revenue into token demand, and start coming for that #1 spot.

The race is just getting started. 👀

#Bittensor #TAO #dTAO

[Algod @AlgodTrading]

Once bittensor:native fixes its v2 pools there can be a honest competition again

Biggest issue currently is that old ‘dino’ subnets are nearly impossible to dump (and also pump) due to large pools

Alpha tokens should have the possibility of going to 0, once that is fixed those top older subnets wont be sitting comfortably at the top anymore

[Marcel | TAO Research @marceltaores]

I think this whole debate has helped the community understand subnets on a much deeper level.

Beyond the arguments and confrontation, it has brought more attention to subnet economics, technical architecture, value accrual, sustainability, and the metrics that actually matter to investors — things that weren’t discussed nearly enough before.

I don’t support the hostility, but I absolutely support the transparency and information coming out of it.

If competition pushes teams to explain their models better, prove their economics, and innovate faster, that’s ultimately a win for the entire Bittensor ecosystem.

More competition. More transparency. More innovation.

[Algod @AlgodTrading]

The number 1 subnet on Bittensor making up slanderous lies about @engyai founder not being doxxed and us creating alt accounts to have ‘smear campaigns’, had no idea he could sink this low

I think words are cheap and pointless, happy to bet any amount that @engyai will overtake chutes in revenue within the next 3 months

[Chairman τao @MarsSmuff]

Head on over to @engyai TEE miners.

bittensor:native

[Marcel | TAO Research @marceltaores]

👀

[Algod @AlgodTrading]

@udiWertheimer Inference markets will explode

[Dona ττ @Donaxbt]

Stripe is buying OpenRouter for $7 BILLION+

Engy | SN53 does everything OpenRouter do but for so much cheaper, and it’s only $35m in valuation today.

Bittensor that made it possible is valued at $2B valuation.