Qrypτosaur.base.eth (❖,❖) (τ, τ)

τ - World Computer III #AI

Many years back @KyleSamani and I had a call. He dropped at 5 minutes because i said we used a 21M Bitcoin style supply curve. Happy to pickup the conversation where we left off.

This week on Novelty Search :: SN3 @tplr_ai @covenant_ai 72B. ~1.1T tokens. Commodity internet. No centralized cluster. No whitelist. Anyone with GPUs could join or leave freely. Special guests :: @DistStateAndMe @erfan_mhi @Hevalon @joellidin @amir_sarfi Hosted by :: @const_reborn 9PM UTC // via Bittensor Discord

On the @theallinpod this week, @chamath asked @nvidia CEO Jensen Huang about decentralized AI training, calling our Covenant-72B run "a pretty crazy technical accomplishment." One correction: it's 72 billion parameters, not four. Trained permissionlessly across 70+ contributors on commodity internet. The largest model ever pre-trained on fully decentralized infrastructure. Jensen's answer is worth hearing too.

🇨🇳 @const_reborn at Tsinghua university, Beijing (Full presentation) // @HackQuest_

τhank you @const_reborn, for everyτhing you have given τo τhis vision 🙏 From one of τhe τrue $TAO OGs - holding since τhe Nakamoτo Chain. @opentensor @bittensor @xtaohq @FoundryServices @BarrySilbert @YumaGroup @samaroo00

Incenτivizing Inτelligence (τ, τ) - $TAO OG, holding since τhe Nakamoτo Chain

The Incentive Layer - A bittensor documentary 🎥 Watch now on TheIncentiveLayer.com Explore how a global network is reshaping the production of intelligence through open collaboration, aligned incentives, and permissionless innovation. Taking the lessons from bitcoin and the internet, shaping a future where innovation is fair, efficient, and built by the many. The documentary has been made possible by: @opentensor @taostats @latentholdings @DreadBong0 @tao_dot_com @YumaGroup Featuring: @BarrySilbert @KibibyteMe @EvanMalanga @gylestensora Jack Foster @JosephJacks_ @const_reborn @jon_durbin @SiliconJose @mogmachine @markjeffrey @mikecontango @parshantdeep @Old_Samster Yoav Cohen $TAO

$TAO

TAO Synergies Raises Bittensor ($TAO) Holdings to over 54,000 Tokens, Largest Publicly Traded Holder of Top Decentralized AI Cryptocurrency. Read the press release here: bit.ly/4ni8EHM $TAOX #DeAI #Bittensor #Crypto #AI

$TAO is the largest holding in the @Grayscale Decentralized AI Fund Making up 33.53% of the entire portfolio That's one third of the fund dedicated to #Bittensor $TAO

.@opentensor $TAO helps leverage economic incentives and decentralized networks for open and accessible #AI development. Grayscale Bittensor Trust is open for private placement for eligible accredited investors. Learn more and see important disclosures: grayscale.com/funds/grayscal…

Institutions entering Bittensor $TAO and investing in subnets is a moment we’ve anticipated Connecticut Innovations’ investment reinforces decentralized intelligence as a leading frontier

📽️ Documentary Launch date! 📅 The Incentive Layer launches the 29th of October! A deep dive into the world of bittensor. Buckle up Made possible by 🙏: @opentensor @taostats @latentholdings @DreadBong0 @tao_dot_com @YumaGroup $TAO

🚨 LATEST: Grayscale just filed a Form 10 for its Bittensor Trust $TAO.

If Bittensor markets were fully developed AI startups, their combined market valuation could range between $100B - $200B+, competing with centralized Companies like OpenAI, Anthropic, and CoreWeave. That's what Dyanmic $TAO is about to do. Based on 64 Subnets, what happens when we scale to thousands? With 21 million design and halvenings! Here is how: I'll group these subnets into key AI industry sectors that align with their functionality. ▫️AI Model Development (Foundation Model Providers) •Comparable Companies: OpenAI, Anthropic, Mistral, Hugging Face •Subnets: SN 9, SN 29, SN 39, SN 11, SN 21, SN 37, SN 38, SN 3, SN 5, SN 35, SN 56, SN 58 •Market Valuation Estimate: $50B+ (OpenAI alone is estimated at $90B) •Subnet Value Range: $100M - $3B each, depending on specialization ▫️Generative AI (Text, Image, and Audio) •Comparable Companies: Midjourney, Stability AI, OpenAI (DALL-E, Whisper) •Subnets: SN 4 (Targon), SN 19, SN 2, SN 54, SN 17, SN 18, SN 23, SN 26, SN 50, SN 46 •Market Valuation Estimate: $30B+ •Subnet Value Range: $100M - $2B ▫️Agentic AI (Autonomous Agents & AI Assistants) •Comparable Companies: Adept AI, OpenAI (GPT Agents), AutoGPT, Rabbit R1 •Subnets: SN 1 (Apex), SN 45, SN 62 (AgentTao), SN 59, SN 20, SN 10 •Market Valuation Estimate: $20B+ •Subnet Value Range: $500M - $2B ▫️Predictive AI & AI Trading •Comparable Companies: Numerai, PredictIt, Jane Street (AI-powered HFT) •Subnets: SN 6 (Infinite Games), SN 30 (BetTensor), SN 41 (Sportstensor), SN 28 (Foundry S&P 500 Oracle), SN 44 (Score Predict), SN 48 (NextPlace AI), SN 57 (Gaia) •Market Valuation Estimate: $10B+ •Subnet Value Range: $200M - $1.5B ▫️AI Compute Providers •Comparable Companies: CoreWeave, Lambda Labs, Together AI •Subnets: SN 51 (Celium), SN 64 (Chutes), SN 12 (Horde), SN 27 (Neural Internet) •Market Valuation Estimate: $15B+ •Subnet Value Range: $500M - $5B each ▫️AI Data Pipelines & Data Labeling •Comparable Companies: Scale AI ($14B), Snorkel AI ($1B), Labelbox ($1.3B) •Subnets: SN 24, SN 13, SN 33, SN 40, SN 42, SN 52 •Market Valuation Estimate: $10B+ •Subnet Value Range: $300M - $2B ▫️AI Components & Tooling (Model Optimization, Deployment, Fine-tuning) •Comparable Companies: Hugging Face, MosaicML ($1.3B) •Subnets: SN 47, SN 31, SN 15, SN 49 •Market Valuation Estimate: $8B+ •Subnet Value Range: $300M - $1.5B ▫️AI-Powered Tools (Specialized AI Applications) •Comparable Companies: Quora (Poe), Perplexity AI, BloombergGPT, DeepL •Subnets: SN 34, SN 61, SN 32, SN 53, SN 8, SN 14, SN 22, SN 54 •Market Valuation Estimate: $8B+ •Subnet Value Range: $200M - $1.5B ▫️Scientific Research (DeSci) •Comparable Companies: Protocol Labs, Biotech-focused AI startups •Subnets: SN 25, SN 43, SN 36 •Market Valuation Estimate: $5B+ •Subnet Value Range: $200M - $1B ▫️General Infrastructure (Decentralized AI Infrastructure) •Comparable Companies: Bittensor itself, Akash Network •Subnets: SN 16 (BitAds), SN 7 (SubVortex) •Market Valuation Estimate: $5B+ •Subnet Value Range: $300M - $1B Step 2: Summing the Estimated Market Value Adding up the projected values from each category: While this is a broad estimate, AI markets often have overlapping applications, so a reasonable adjusted valuation would be: Low estimate: $100B (accounting for overlap and market competition) High estimate: $200B+ (if the network captures significant adoption) ▫️Valuation Per Subnet •Top-tier subnets (major LLMs, compute, predictive AI): $2B - $5B+ •Mid-tier subnets (agentic AI, data pipelines, AI tools): $500M - $2B •Smaller specialized subnets (niche AI markets, early-stage growth): $100M - $500M This analysis shows the incredible potential upside of $TAO, as these markets are still in early development stages. If adoption accelerates and these AI markets keep growing at their current pace, Bittensor could capture a massive share of decentralized AI's future market.