Biggles.hl
2.3K posts

Biggles.hl
@BigglesMac
On-chain research. 787 pilot with Lad and Pip. Believe in something ~ Hyperliquid






It's absolutely insane. That @armaniferrante isn't even talking about Mad Lads at all. There's no doubt about @Backpack at all, it's big, and it's going to be huge. But completely separating himself from the community is insane There's no future for the NFT collection at this point, other than selling the IP to @SolanaCoach I guarantee that in the next 6-8 months, Armani will change his PFP on X. Bookmark this.





they got the big boss out here doing door to door sales now hyperliquid




Stablecoins are not an efficient way to strengthen the international role of the euro, says President Christine @Lagarde. The best solution remains deeper capital market integration through the savings and investment union and a stronger safe asset base ecb.europa.eu/press/key/date…

The final verdict from @trueo_’s most contentious market has been delivered. The Jury voted for an outcome Reset. In other words, they ruled that it was too early to resolve the market. But there were some very interesting things about this dispute… For starters, both TRUE holders and Attesters voted against the Oracle Council’s initial decision. The Oracle Council voted 3-2 in favor of a YES outcome (I was among the YES voters). But TRUE holders and Attesters voted in supermajority support of the dispute. They deemed that the proposal came too early, and that Polymarket had not really released a “token” yet. Or did they? I personally voted YES as an oracle council member because I felt like the rules, though ambiguous, were satisfied as written when Polymarket released pUSD. I wasn’t happy about it, obviously it didn’t capture the essence of the market which was clearly meant to be about a potential network or governance token, but I voted YES nonetheless because I felt like the criteria in a literal sense was met when pUSD dropped. But TRUE holders and Attesters felt otherwise. They must have felt like the purpose of the market wasn’t satisfied even if the rules in a very rigid and literal sense were. I know the outcome might not be to everyone’s liking, and I know that some users would have preferred a YES outcome, but I do hope that they at least found some consolation in the process it self. Namely that the various arguments were aired, and that multiple desperate judgements came to pass on the dispute. In the future these contentious markets can be avoided with more precise resolution rules, but there is always some room for interpretation or some hidden ambiguity in the spectrum of possibilities. Getting these things right is very difficult, and ultimately, what I believe is more important than the outcome itself, is the process through which an outcome is derived. All this being said, there’s nothing stopping someone from proposing the same outcome again in hopes that TRUE holders have changed their minds, or that a different batch of Attesters gets selected who are more sympathetic to the resolution. Prediction markets are vey tricky specifically because of their subjective nature. But that’s also what makes them interesting! We still have much to improve on, and we learned a lot from this dispute, but hopefully we were able to prove that we take the concept of due process very seriously. Because at the end of the day, a prediction market is only as good as its oracle!


🚨 $TAO Subnet Valuation Series 👇🏼 SN4 Targon vs CoreWeave (a Nvidia-backed $24.8B company) I had to close my laptop for a minute. Ran the numbers on SN4 Targon of $TAO. Nothing about this pricing makes sense. The AI cloud compute market is worth $500B+. @CoreWeave , the market leader: → $1.9B revenue (2025) → $24.8B valuation post-IPO → Nvidia-backed → Centralized, closed, restricted access → Priced at 86x forward revenue Now look at @TargonCompute SN4: → $10.4M ARR: real, confirmed revenue → Confidential GPU compute, on-chain → Global, permissionless access → Manifold Labs + Intel partnership → ~$66M market cap → Priced at just 3.6x revenue CoreWeave trades at 86x revenue. Targon trades at 3.6x. Same market. 24x cheaper valuation multiple. Either I’m missing something. Or this is badly mispriced. This is Part 1 of my $TAO Subnet Valuation Series. I’m running systematic valuations across the most underpriced subnets on Bittensor. Next up: SN1 Apex vs OpenAI the world’s most valuable AI company. The gap will surprise you. Follow @CryptoAvex for Part 2. Notifications On.. 🫶🏼

@RyanWatkins_ @AustinBarack Just out of arrogance











