Barry Silbert
1.2K posts

Barry Silbert
@BarrySilbert
Founder/CEO @DCGco & @YumaGroup | Chairman @Grayscale | parent @FoundryServices @LunoGlobal @FortitudeCrypto | investor in 200+ cos, τ https://t.co/Q4ZCNDtH5r














The founder of @taostats, @mogmachine was buying TAO at $12. He's co-founded 6 subnets, built the wallet, the explorer, the mobile app. Runs one of the largest validators on Bittensor. He rarely does interviews. We sat down and he told the full story. From the bear market to building the backbone of a $3B network. What he shared: • How he found Bittensor in late 2022 while running nodes at the bottom of the bear market • Started TaoStats as a Google spreadsheet. Turned it into the most used product in the ecosystem • Jacob from OTF personally asked him to build the blockchain explorer. He'd never built one before • Co-founded 6 subnets. Shut down the ones that weren't working. Kept the ones that were • Built Corcel, the first API gateway to Bittensor's AI • Just launched the TaoStats wallet and mobile app. Wants to be the single interaction layer for everything on Bittensor • His take on why only about 20-30 of 128 subnets are "real quality" • Says next year is "the era of bizdev" for subnets The line that stuck with me. He said you don't know HTTP because of HTTP. You know Google. You don't know TCP/IP because of TCP/IP. You know Netflix. That's where Bittensor is going. The subnets become the brands. The protocol disappears into the background. These aren't side projects. These are actual AI companies being built.






LATEST: @BlackRock’s head of digital assets, Robbie Mitchnick, said institutional investors are increasingly concentrating on bitcoin and ether, viewing most other tokens as short-lived and largely “nonsense.”














