I've used most major CEXs at this point and most of them are not our frens.
My honest rating right now:
Kraken → 8/10
Bybit → 6/10
Binance → 5/10
Coinbase → 8/10
OKX → 8/10
Crypto com → 5/10
Bitget → 3/10
KuCoin → 4/10
MEXC → 6/10
Gate→ 5/10
Did I get it right?
OUTsider INsights #10 - Special Edition with @const_reborn, Founder of $TAO Bittensor.
Today is a special edition. Episode #10.
Our work focuses on the TAO Bittensor ecosystem, so we invited none other than Const, the founder himself.
He accepted the invitation, offered to schedule a meeting, but in the end we followed tradition and conducted the interview in text format.
Before going deeper into the interview, we discovered something interesting in common: we both love Brazil, the Amazon, and the local indigenous peoples, especially the Yawanawa. After reading this interview, I strongly suggest you take a moment to learn more about them.
So, Let's go.
OUTSIDER 1:
Const, what’s happening with TAO Bittensor right now? Suddenly everyone is watching us. Everyone is talking about it. Why now? What changed?
CONST 1:
I think that the @tplr_ai Templar run played a massive role in opening up the eyeballs and unleashing the self-reinforcing flywheel of attention. There was all this lingering potential right under the surface around the incredible subnets we have on Bittensor. Templar burst the surface. I'll give full credit to the covenant guys for this one. Bravo to that team and Sam, @DistStateAndMe, in particular.
OUTSIDER 2:
Around 18% of the available TAO supply is currently allocated across the 128 subnets in the ecosystem. The rest is still sitting in Root or on CEXs. How would you suggest people take their first step into exploring subnets?
CONST 2:
Try to mine one with an agent. See if it sucks or if the agent is smarter than the subnet.
OUTSIDER 3:
You were at Google when Attention Is All You Need dropped and watched the transformer architecture ignite the modern AI race from the inside.
CONST 3:
And I met a lot of the people writing that paper too! Geniuses.
OUTSIDER 4:
You left anyway to build something most people thought was unrealistic at the time.
CONST 4:
I never used to shut up about it and they thought I was crazy.
OUTSIDER 5:
Today, centralized labs still control most frontier models and large-scale compute. Has Bittensor already started changing that trajectory, or are we still early in shifting real control of AI toward a decentralized alternative?
CONST 5:
I believe it is all about aligned incentives. When we get the tech properly aligned things will move exponentially fast. So I am not concerned about the scale difference here. I am concerned about making Bittensor's subnets perfectly aligned and working.
OUTSIDER 6:
You left a stable Google career, moved to Peru, and spent years building Bittensor before the world was paying attention. At some point during those early years, there must have been a moment when the rational decision would have been to stop. What was that moment for you?
CONST 6:
Naive rationalism would have stopped me from quitting the job. I got out of college. Way before I left the top team at Google and way before years of disaster and upsets in the early Bittensor years.
The truth is that the question you are asking is badly formed. It is irrational to focus your life's effort on something that doesn’t compel you. Your state of mind is what makes your life successful. To give up on what compels you is to lose already.
OUTSIDER THOUGHTS:
Life is about having the courage to make difficult decisions. Make no mistake. Maybe the question was bad formulated. But your answer was simply the truth.
And that’s more than enough.
Thank you, Const.
END.
Hey! If you made it this far, you are probably already deeply involved, or at least genuinely interested in the Bittensor ecosystem. So drop your biggest insight from this interview in the comments. What made this worth reading for you?
See you soon in OUT-IN #11, the second-to-last episode of this first season.
Special thanks: @MarsSmuff - @taostacker
The AI sector isnt a buy anything basket anymore. We have entered the Darwinian phase.
Mar 1 → Mar 28:
=> $TAO: +72.7%
=> $ICP: -8.8%
=> $FET: +35.6%
=> $VIRTUAL: -6.6%
=> $NEAR: +2.4%
=> $LINK: -8.4%
=> $RENDER: +11.9%
=> $KITE: -37.8%
=>.$VVV: +45.9%
The data is screaming: Real usage > Narrative.
While mid tier tokens bleed decentralized compute and agent infra are doing the heavy lifting. If your bag doesnt have a moat its just a memo.
Stop buying the hype start buying the utility.
I think $hype and $tao both hit top 5.
Pretty similar actually.
Strongest tokenomics ever devised that fit target niches, 2 unique approaches with minor overlapping elements.
Both hated and misunderstood by Kyle Salami and the memecoin mafias.
Respected more off CT than on it.
Signaling massive strength in face of shit market.
If you don’t own one or the other what is you doing lol.
"If you knew who was really behind Bitcoin. Really behind Bitcoin. You would run as fast as you fucking could to sell it." - Dan Pena
Well you know who is really behind $TAO. Now all you have to do is run as fast as you fucking could to sell it.
Templar is very likely a first subnet that will trade at 1B+
You can buy SN3 today at 26$ and make 5-10x with infinite size
TAO ecosystem will do so well over next 6-12 months
Its probably a most useful chain where on-chain you have people shipping a world class tech
$TAO subnets is something you should study and find your picks
1. Every subnet has its own halving schedule based on when they launched and how much of their alpha tokens have minted. There isn't a big "subnet halving event" coming up. SubnetHalving.com
2. You can see on the tracking website I linked above we aren't even 50% of the way to the first subnet halving. We've got over a year.
3. SoS is a meaningless stat. Right now it's skewed heavy because of a few new subnets that throw off the metric. Recommend instead looking at % of tao in subnets stat for a better picture of where we are.
I’m no maxi. I research tons of projects. Everyday I come to the same conclusion.
There is no better stack than:
$ZEC
$TAO
$NEAR
MAYBE $KAS, but still not sold due to the lack of privacy features. I think money needs to be private.
The market is sideways. DePIN kept shipping. March 2026 update.
$TAO, subnets doubled to 256, Grayscale ETF progressing, agent trading live on mainnet.
$NEAR, NVIDIA Inception activated, confidential computing modules live.
$RENDER, GPU supply up 40% from agentic rendering demand alone.
$FET, autonomous agent framework v2 deployed, DePIN pool TVL up 35% in one week.
$ICP, inflation cut to 4%, on-chain AI compute scaled 3x.
$LINK, real-time AI oracle feeds live, model verification layer launched.
$VIRTUAL, 1M agents launched, native NVIDIA integration confirmed.
$AKT, cloud compute capacity doubled, GPU rental marketplace v2 live.
$IO, network utilization all-time high on AI model training.
$PHA, TEE hardware upgrades live, privacy-first agents deployed at scale.
Ten projects. All building. None waiting for permission.
The DePIN sector doesn’t care about the market.
"Read the $TAO whitepaper"
"Do more research"
I just did - it reads like fucking academia fluff on the pretense to sell vaporware. And stop pretending you understand what the fuck is written there, you know your dumbass doesn't.
$RIO flushed hard but starting to stabilize here
holding this zone could send it back to range highs
sell pressure looks like it’s slowing down
still early but bounce potential building 👀 #RWA