{"version":"2.0","generated_at":"2026-09-15T18:38:07+00:00","links_checked":"2026-09-15","license":"CC BY 4.0, attribution: Bittensor Narrative Map by Mikyö Clark, legible.network","eras":[{"id":"pre","label":"Whitepaper","span":"to 2020","note":"Before mainnet","start":"2019-01"},{"id":"nakamoto","label":"Nakamoto","span":"2021 to early 2023","note":"Mainnet, no subnets","start":"2021-01"},{"id":"finney","label":"Finney","span":"2023","note":"Finney network, the first subnets","start":"2023-03"},{"id":"revolution","label":"Revolution","span":"late 2023 to early 2025","note":"Subnet expansion, root network","start":"2023-10"},{"id":"dtao","label":"Dynamic TAO","span":"2025 to mid 2026","note":"Alpha tokens, emission follows price","start":"2025-02"},{"id":"current","label":"Current","span":"mid 2026 on","note":"Emission follows the price moving average","start":"2026-06"}],"slots":[{"id":"foundation.mission","label":"What it is for","section":"foundation"},{"id":"foundation.vision","label":"The world it builds","section":"foundation"},{"id":"foundation.values","label":"What it stands for","section":"foundation"},{"id":"problem.cultural","label":"What is broken","section":"problem"},{"id":"problem.market","label":"What is missing","section":"problem"},{"id":"problem.institutional","label":"What is at risk","section":"problem"},{"id":"opportunity","label":"Why now","section":"opportunity"},{"id":"audience","label":"Who they address","section":"audience"},{"id":"positioning.category","label":"What they call it","section":"positioning"},{"id":"positioning.differentiator","label":"What makes it different","section":"positioning"},{"id":"positioning.reason","label":"Why believe them","section":"positioning"},{"id":"positioning.against","label":"What it is against","section":"against"},{"id":"value.functional","label":"What you get","section":"value"},{"id":"value.emotional","label":"How it feels","section":"value"},{"id":"value.self_expressive","label":"What joining says about you","section":"value"},{"id":"messaging.h1","label":"The line they repeat","section":"messaging"},{"id":"messaging.proof","label":"The proof they point to","section":"messaging"},{"id":"voice","label":"How they sound","section":"voice"},{"id":"relationship","label":"Their stake in it","section":"relationship"},{"id":"language.term","label":"Their words for things","section":"language"},{"id":"subnet.self","label":"Their subnet, in their words","section":"subnet"},{"id":"subnet.network","label":"Bittensor, in their words","section":"subnet"}],"sections":[{"id":"foundation","title":"1. Foundation","note":"What they say it is for, the world it builds, what it stands for.","slots":["foundation.mission","foundation.vision","foundation.values"]},{"id":"problem","title":"2. The problem","note":"What is broken that Bittensor answers, in their telling.","slots":["problem.cultural","problem.market","problem.institutional"]},{"id":"opportunity","title":"3. The opportunity","note":"The tailwinds they cite.","slots":["opportunity"]},{"id":"audience","title":"4. Audience","note":"Who they talk to and what they tell them.","slots":["audience"]},{"id":"against","title":"5. Competitive positioning","note":"What they set it against.","slots":["positioning.against"]},{"id":"positioning","title":"6. Positioning statement","note":"Category frame, differentiator, reason to believe.","slots":["positioning.category","positioning.differentiator","positioning.reason"]},{"id":"value","title":"7. Value proposition","note":"The benefit they claim, the feeling they sell, what joining says about you.","slots":["value.functional","value.emotional","value.self_expressive"]},{"id":"messaging","title":"8. Messaging hierarchy","note":"The line they repeat and the proof they point to.","slots":["messaging.h1","messaging.proof"]},{"id":"voice","title":"9. Voice","note":"Register more than claim.","slots":["voice"]},{"id":"relationship","title":"10. Narrator and network","note":"How they describe their own relation to it.","slots":["relationship"]},{"id":"language","title":"11. Language conventions","note":"What they call things, and refuse to call them.","slots":["language.term"]},{"id":"subnet","title":"12. Subnet frames","note":"How a subnet team describes itself, and the network it lives in.","slots":["subnet.self","subnet.network"]}],"summary":{"narrators":19,"statements":530,"metaphors":213,"sources":235,"confidence":{"verified":414,"probable":109,"unverified":7},"links":{"live":386,"manual":138,"redirected":6},"media":{"blog":110,"x":96,"youtube":73,"article":66,"podcast":59,"docs":50,"other":26,"whitepaper":25,"discord":9,"talk":9,"forum":7}},"narrators":[{"id":"jacob-steeves","name":"Jacob Steeves","aka":["const","Const","unconst","Jake Steeves","Jacob Robert Steeves"],"kind":"person","role":"Co-founder of Bittensor and the Opentensor Foundation; Opentensor CEO until February 2026; founder of the Affine subnet (SN120)","affiliation":"Opentensor Foundation","active_from":"2019","handles":{"x":"@const_reborn","github":"unconst"},"subnets":[],"one_line":"Former Google engineer who co-wrote the Bittensor whitepaper with Ala Shaabana, ran the Opentensor Foundation through mainnet, Finney, Revolution and dynamic TAO, and remains the network's most quoted voice and its most contested steward.","glyph":"JS","url":"/narrative/jacob-steeves/","statement_count":60,"confidence":{"verified":39,"probable":21,"unverified":0},"eras":["pre","nakamoto","finney","revolution","dtao","current"],"media":["article","docs","podcast","whitepaper","x","youtube"],"first_date":"2019","last_date":"2026-08","framework":{"foundation.mission":{"summary":"A peer-to-peer market in which intelligence is priced by other intelligence, built so people can work on very large AI problems without sitting under one organisation that holds the keys.","statements":["jacob-steeves-002","jacob-steeves-005","jacob-steeves-015"]},"foundation.vision":{"summary":"Early on, a neural internet or global brain for AIs; later, the unification of AI plus incentive with Bitcoin's immovable base, serving millions of users and ending fully decentralised.","statements":["jacob-steeves-007","jacob-steeves-044","jacob-steeves-055","jacob-steeves-059"]},"foundation.values":{"summary":"No pre-mine, control diffused across humanity, resistance to regulators and to greed, and a stated refusal to give premined copies anything; in 2026 he pairs these with an admission that speed has been chosen over decentralisation for now.","statements":["jacob-steeves-013","jacob-steeves-010","jacob-steeves-019","jacob-steeves-051","jacob-steeves-038","jacob-steeves-058"]},"problem.cultural":{"summary":"The danger is not robots taking over but power metastasising into a few trillion-dollar companies and an elite that controls AI, the Elysium outcome.","statements":["jacob-steeves-034","jacob-steeves-027","jacob-steeves-025","jacob-steeves-010"]},"problem.market":{"summary":"Intelligence has become a commodity with no market to price it; benchmarks and peer review are inefficient and biased; nobody shares billion-dollar models without an incentive baked in first.","statements":["jacob-steeves-003","jacob-steeves-016","jacob-steeves-008"]},"problem.institutional":{"summary":"Corporate AI and licensing regimes pull toward walled gardens; if the network does not lift off beyond regulators it is compromised; and in 2026 he names himself and a tight group as the remaining central point.","statements":["jacob-steeves-026","jacob-steeves-019","jacob-steeves-057"]},"opportunity":{"summary":"Bitcoin proved incentives can align strangers at internet scale, and calls for federal AI licensing strengthen the case for an open protocol; the Covenant exit became the occasion for lock-based ownership.","statements":["jacob-steeves-006","jacob-steeves-028","jacob-steeves-047","jacob-steeves-052"]},"audience":{"summary":"He speaks to builders and miners, telling subnet teams to be metric-focused, welcoming Chinese engineers to a fair platform, and telling speculators that memecoin buyers will not stay.","statements":["jacob-steeves-035","jacob-steeves-043","jacob-steeves-031","jacob-steeves-014","jacob-steeves-041"]},"positioning.category":{"summary":"A market for intelligence and a commodity market first; by 2025 the shorthand is a Bitcoin-like mining mechanism applied to AI, and by 2026 subnets are headless commodities ranked by the machinery of capitalism.","statements":["jacob-steeves-002","jacob-steeves-009","jacob-steeves-039","jacob-steeves-046","jacob-steeves-060"]},"positioning.differentiator":{"summary":"Competition at the core with collaboration around it, intelligence evaluated by machine intelligence, open and anonymous access, and a claim to be the most decentralised AI protocol in existence.","statements":["jacob-steeves-012","jacob-steeves-035","jacob-steeves-029","jacob-steeves-053","jacob-steeves-018"]},"positioning.reason":{"summary":"Bitcoin built the largest supercomputer on earth with incentives alone; the same mechanism, plus the checking-versus-solving asymmetry and a hardened Substrate chain, can produce intelligence.","statements":["jacob-steeves-017","jacob-steeves-032","jacob-steeves-040","jacob-steeves-036","jacob-steeves-056"]},"positioning.against":{"summary":"OpenAI as a company built on one model and pulled toward the trillion-dollar corporation, premined clones of Bittensor, and, from April 2026, Samuel Dare and Covenant AI; he also argues against decentralising too early.","statements":["jacob-steeves-011","jacob-steeves-026","jacob-steeves-038","jacob-steeves-048","jacob-steeves-050","jacob-steeves-058"]},"value.functional":{"summary":"Continuously produced, newly trained models with contributors paid for information-theoretic value; revenue from inference, compute, AutoML and prediction signals.","statements":["jacob-steeves-004","jacob-steeves-018","jacob-steeves-042"]},"value.emotional":{"summary":"The builder's thrill of seeing the thing come alive.","statements":["jacob-steeves-030"]},"value.self_expressive":{"summary":"Joining marks you as someone who knows what the project is doing, or as a productive contributor on a fair platform, not a memecoin buyer.","statements":["jacob-steeves-031","jacob-steeves-043"]},"messaging.h1":{"summary":"The line moves from 'a market where intelligence is priced by other intelligence' to 'the neural internet' to 'freedom from centralized control' to 'a Bitcoin-like mining mechanism to AI' and finally 'the unification of AI plus incentive and Bitcoin'.","statements":["jacob-steeves-002","jacob-steeves-007","jacob-steeves-020","jacob-steeves-032","jacob-steeves-039","jacob-steeves-055"]},"messaging.proof":{"summary":"No pre-mine, the 18 percent built-in take, Bitcoin's supercomputer, subnet benchmark wins, a 72B training run with a promise of one trillion next, and the Substrate stack.","statements":["jacob-steeves-013","jacob-steeves-023","jacob-steeves-037","jacob-steeves-053","jacob-steeves-056","jacob-steeves-041"]},"voice":{"summary":"Terse, combative and self-aware: two-word posts, 'give them nothing', calling people scammers, 'He betrayed us all', signing off '- const'.","statements":["jacob-steeves-024","jacob-steeves-038","jacob-steeves-045","jacob-steeves-050","jacob-steeves-030"]},"relationship":{"summary":"Founder and foundation head who insists 'Bittensor is not us', then a CEO who steps down while keeping the same calls and chain code, then a holder who reserves the right to trade alpha, and finally a self-described leader at the helm of a not-yet-decentralised protocol.","statements":["jacob-steeves-014","jacob-steeves-023","jacob-steeves-029","jacob-steeves-045","jacob-steeves-048","jacob-steeves-049","jacob-steeves-054","jacob-steeves-057"]},"language.term":{"summary":"He names things as he builds them: intermodel benchmark, commodification layer, subnetworks as parallel Nakamoto consensus, delegation as liquid democracy, 'Bittensor revolution', TAO as light and dark, lock-based ownership, commitment as time plus stake, headless commodities.","statements":["jacob-steeves-001","jacob-steeves-009","jacob-steeves-021","jacob-steeves-022","jacob-steeves-024","jacob-steeves-033","jacob-steeves-047","jacob-steeves-052","jacob-steeves-046","jacob-steeves-060"]}},"language":{"words_used":["market","commodity","incentive","alignment","neural internet","Nakamoto consensus","subnetworks","delegation","freedom","censorship-resistant","supercomputer","mining","alpha","dTao","commitment","locked stake","headless","decentralized","Substrate","scammers","lads"],"words_avoided":["token sale","investment","company (for the network)","AGI safety in the OpenAI sense","web3 (used only in 2023)"],"coinages":[{"term":"intermodel machine intelligence benchmark","meaning":"the earliest description of the protocol: models scoring other models by informational significance","statement":"jacob-steeves-001"},{"term":"commodification layer","meaning":"the token and ledger that let expensive intelligence be shared","statement":"jacob-steeves-009"},{"term":"neural internet","meaning":"machine learning run across thousands of independent computers","statement":"jacob-steeves-007"},{"term":"subnetworks","meaning":"multiple Nakamoto consensus instances on one chain, later shortened to subnets","statement":"jacob-steeves-021"},{"term":"Bittensor revolution","meaning":"name for the October 2023 upgrade, first used as a bare post","statement":"jacob-steeves-024"},{"term":"lock-based subnet ownership","meaning":"subnet owners must lock tokens so investors can see commitment in advance","statement":"jacob-steeves-047"},{"term":"commitment (time plus stake)","meaning":"ownership measured by how long tokens cannot move","statement":"jacob-steeves-052"},{"term":"headless subnets","meaning":"subnets that run as true commodities without a team at the top","statement":"jacob-steeves-046"}]},"genealogy":[{"era":"pre","summary":"The whitepaper and the first README frame Bittensor as an intelligence market and an intermodel benchmark: intelligence is a new commodity that needs a new market, priced by other intelligence systems [jacob-steeves-002] [jacob-steeves-003] [jacob-steeves-001].","dominant_metaphor":"market","shift":""},{"era":"nakamoto","summary":"On community calls he speaks in Bitcoin's register: Bitcoin is an alignment technology that built the largest supercomputer, and Bittensor bakes the incentive in first to build a neural internet, a global brain for AIs, with no pre-mine and control diffused across humanity [jacob-steeves-006] [jacob-steeves-007] [jacob-steeves-013]. The Finney update adds subnetworks, delegation as liquid democracy and freedom from centralized control [jacob-steeves-021] [jacob-steeves-020].","dominant_metaphor":"neural internet","shift":"From a paper about a market to a movement about alignment and freedom; the brain metaphor peaks here."},{"era":"finney","summary":"The enemy gets a name. To Fox Business he describes OpenAI's gravitational pull toward trillion-dollar corporations, an elite that controls AI, walled gardens built by licensing, and insists that Bittensor is not the foundation [jacob-steeves-026] [jacob-steeves-027] [jacob-steeves-029]. A two-word post names the coming upgrade [jacob-steeves-024].","dominant_metaphor":"walled garden","shift":"The neural internet drops out; anti-OpenAI framing and regulatory resistance come forward."},{"era":"revolution","summary":"With subnets live he talks to builders and investors: Bitcoin's supercomputer via incentives, TAO as light and dark, the Elysium outcome as the real risk, and subnet design as intelligence evaluating intelligence up the ladder toward AGI [jacob-steeves-032] [jacob-steeves-033] [jacob-steeves-034] [jacob-steeves-036]. Proof becomes subnet results [jacob-steeves-037].","dominant_metaphor":"supercomputer","shift":"From protocol philosophy to subnet craft and investor-facing lines; markets return as the way subnets are judged."},{"era":"dtao","summary":"The shorthand is now a Bitcoin-like mining mechanism applied to AI that organises compute, models and data into a fair market [jacob-steeves-039] [jacob-steeves-040]. He steps down as CEO but keeps the same calls [jacob-steeves-045], then the Covenant exit turns the language personal and defensive: a brother's betrayal, subnets as headless commodities, commitment as time plus stake, and a claim to be the most decentralised AI protocol in existence [jacob-steeves-050] [jacob-steeves-046] [jacob-steeves-052] [jacob-steeves-053].","dominant_metaphor":"mining","shift":"Market talk becomes token-market talk (alpha, dTao, buys and sells); the founder speaks as a holder who reserves the right to trade."},{"era":"current","summary":"He concedes the point his critics made: Bittensor is not decentralised in the way Bitcoin is, has leaders at its helm, and has chosen speed at the cost of centralisation, while restating the vision as two substrates, mutable AI plus incentive on immovable Bitcoin, with decentralisation as the crowning jewel roughly eighteen months out [jacob-steeves-054] [jacob-steeves-057] [jacob-steeves-055] [jacob-steeves-059]. Show notes for his Affine-era podcast call dTAO the internal machinery of capitalism [jacob-steeves-060].","dominant_metaphor":"two substrates","shift":"From denying control to owning it as a temporary design choice; Bitcoin returns as the ethical anchor rather than the supercomputer."}],"appearances":[{"date":"2022-08-23","title":"EP74: Co-Founder and Front End Lead Engineer at Bittensor","outlet":"Based Space","url":"https://podcasts.apple.com/us/podcast/ep74-co-founder-and-front-end-lead-engineer-at-bittensor/id1602084324?i=1000577151632","medium":"podcast","note":"Bittensor's role in AI, blockchain and Web3, with 0xCarro; description only, no transcript."},{"date":"2022-09-19","title":"AI Sessions With Bittensor, Episode 1","outlet":"The Bittensor Hub","url":"https://podscript.ai/videos/the-bittensor-hub/ai-sessions-with-bittensor-episode-1-sept-19-2022/","medium":"youtube","note":"Long community call with Ala Shaabana; auto transcript on PodScript with timestamps."},{"date":"2022-11-25","title":"Bittensor AMA hosted by Jon Cole","outlet":"The Bittensor Hub","url":"https://podscript.ai/videos/the-bittensor-hub/bittensor-ama-hosted-by-jon-cole-nov-25-2022/","medium":"youtube","note":"Const mostly asks the questions; auto transcript exists, few quotable lines of his own."},{"date":"2022-12-08","title":"Future of AI on Polkadot With Bittensor","outlet":"The Bittensor Hub","url":"https://podscript.ai/videos/the-bittensor-hub/future-of-ai-on-polkadot-with-bittensor-dec-8-2022/","medium":"youtube","note":"Panel on Substrate, censorship resistance and regulation; auto transcript on PodScript."},{"date":"2023-01-10","title":"Bittensor TGIFT Finney Update","outlet":"The Bittensor Hub","url":"https://podscript.ai/videos/the-bittensor-hub/bittensor-tgift-finney-update-01-10-23/","medium":"youtube","note":"Finney, subnetworks, delegation and the 18 percent take; auto transcript on PodScript."},{"date":"2023-06-09","title":"How Bittensor Saves Humanity From Runaway AI (TBR 156)","outlet":"The Block Runner","url":"https://www.theblockrunner.com/podcast/how-bittensor-saves-humanity-from-runaway-ai-interview-with-co-founder-jacob-steeves","medium":"podcast","note":"Miners, validators, stakers and runaway AI; show notes only, no transcript reached."},{"date":"2023-10-30","title":"Episode 12: Jake Steeves, Founder of Bittensor","outlet":"Proof of Coverage","url":"https://www.youtube.com/watch?v=lLJid9KJO8w","medium":"podcast","note":"Open ownership and the death of the YC model, AI regulation, Bitcoin as apolitical, the origin of the const_reborn handle; show notes only."},{"date":"2025-01-14","title":"Jacob Steeves on Bitcoin Culture, Decentralization, and Bittensor's Revolutionary Impact","outlet":"The Web3 Prof (Unshackled Living)","url":"https://creators.spotify.com/pod/profile/jarrettvaughan/episodes/Jacob-Steeves-on-Bitcoin-Culture--Decentralization--and-Bittensors-Revolutionary-Impact-e2tfd03","medium":"podcast","note":"Bitcoin beginnings and decentralization culture; description only."},{"date":"2025-10","title":"Dialogue with Bittensor founder Jacob","outlet":"ChainCatcher, also carried by Bitget and MEXC","url":"https://www.chaincatcher.com/en/article/2215854","medium":"article","note":"First China trip: leaving Google, halving, protocol revenue, Chinese subnet teams, five-year vision; written Q and A in translation."},{"date":"2026-03-26","title":"What is Bittensor? 2026 Update with Co-Founder Jacob Steeves (Const)","outlet":"VirtualBacon","url":"https://www.youtube.com/watch?v=YmxqgTXfpDo","medium":"youtube","note":"Subnet 3's 72B model, subnets as markets for gradients and inference, dTAO liquidity pools; YouTube page would not render, no transcript."},{"date":"2026-06-03","title":"Decentralising Intelligence: The Unification of AI and Bitcoin (fireside)","outlet":"Proof of Talk 2026, Paris","url":"https://simplytao.ai/blog/proof-of-talk-2026-recap","medium":"talk","note":"Headline fireside moderated by Mark Jeffrey; recap carries no quotes from him."},{"date":"2026-08","title":"Bittensor creator Const on Affine, dTAO, 'mining reasoning,' and more (E2326)","outlet":"This Week in Startups","url":"https://www.youtube.com/watch?v=quq00obUVQ4","medium":"podcast","note":"Affine SN120, dTAO as competition among subnets, the Templar controversy, making himself irrelevant; show notes only."}],"coverage":{"searches_used":31,"fetches_used":60,"well_covered":["pre (whitepaper, README)","nakamoto (four Bittensor Hub calls with auto transcripts, NeurIPS paper)","dtao (own X posts and long-form X article, Chinese Q and A)","current (June 2026 X essay)","X posts via api.fxtwitter.com"],"thin":["finney (one X post plus one press interview)","revolution (one Fortune feature plus two X posts; no dTAO proposal text)","podcasts after 2023 (show notes only, no transcripts)","conference talks (no transcripts for Proof of Talk, Imperial keynote, Endgame or Tao Summit)"],"gaps":["Medium posts by const (BIT001: Dynamic TAO, DTAO: Commodity Analysis) at https://medium.com/@unconst returned 403; the December 2023 dTAO proposal in his own words is missing","YouTube pages (VirtualBacon 2026 update, This Week in Startups E2326, Proof of Coverage 2023, TBR 156) rendered without descriptions or transcripts","Root Reborn proposal, GitHub PR 2759 by unconst (June 2026), not fetched; CoinDesk coverage carried no quotes","web.archive.org is blocked for this tool, so early bittensor.com copy and deleted posts could not be checked","The April 9 2026 X thread quoted by The Block was not located by id, so those two lines stay probable","Fortune December 2025 halving piece only reprints the 2024 supercomputer quote"],"unreachable":["https://web.archive.org/web/2021/https://bittensor.com/","https://medium.com/@unconst/dtao-security-analysis-611bab34baef","https://medium.com/@unconst","https://medium.com/@unconst/bit001-dynamic-tao-8ddc7a26dd62","https://x.com/Scobleizer/status/2068811594268897398 (402; reached via api.fxtwitter.com)","https://x.com/CryptoZPunisher/status/1950909484122923234","https://www.mexc.com/news/148925 (410)","https://www.mexc.com/news/1060599 (410)","https://www.chaincatcher.com/en/article/2159974 (410)","https://raw.githubusercontent.com/opentensor/bittensor/master/README.md (404)","https://raw.githubusercontent.com/opentensor/bittensor/v1.0.0/README.md (404)","https://medium.learnbittensor.org/introducing-bittensor-the-decentralized-marketplace-for-machine-intelligence-2b96bc3febd6 (403)","https://player.fm/series/proof-of-coverage/episode-12-jake-steeves-founder-of-bittensor (403)","https://intellectia.ai/news/crypto/jacob-steeves-frames-tao-as-ai-infrastructure-not-just-a-token (403)","https://www.youtube.com/watch?v=YmxqgTXfpDo (no content)","https://www.youtube.com/watch?v=quq00obUVQ4 (no content)","https://www.markets.com/news/bittensor-jacob-steeves-interview-decentralized-ai-1496-en (body missing)"]},"themes":["decentralised intelligence","incentive design","governance","commodity markets","token economics","anti-OpenAI","ownership","permissionless entry","censorship resistance","validator power"],"metaphors":["market","commodity","mining","revolution","supercomputer","alignment technology","brother","clones","crowning jewel","elysium","frankenstein","freedom","global brain","gravitational pull","headless commodity","helm","keys","ladder","light and dark","liquid democracy","machinery of capitalism","neural internet","seesaw","sins","two substrates","walled garden"]},{"id":"jason-calacanis","name":"Jason Calacanis","aka":["JCal","J Cal","Jason"],"kind":"person","role":"Angel investor; host of This Week in Startups and co-host of the All-In Podcast; consulting partner, Stillcore Capital","affiliation":"LAUNCH, This Week in Startups, All-In Podcast, Stillcore Capital","active_from":"2025","handles":{"x":"@Jason","youtube":"@twistartups"},"subnets":[],"one_line":"Silicon Valley angel investor and podcast host who was introduced to Bittensor by Mark Jeffrey in 2025, bought TAO personally and joined Stillcore Capital in 2026, and now tells his audience to buy one TAO as a bet to learn and a vote for decentralised AI.","glyph":"JC","url":"/narrative/jason-calacanis/","statement_count":56,"confidence":{"verified":55,"probable":1,"unverified":0},"eras":["dtao","current"],"media":["x","youtube"],"first_date":"2025-04-30","last_date":"2026-08-17","framework":{"foundation.mission":{"summary":"Bittensor is an incentive network that taps a global workforce and global compute so that anyone can supply a service, which he says moves faster and removes cost more violently than incumbents.","statements":["jason-calacanis-030","jason-calacanis-031"]},"foundation.vision":{"summary":"One human race competing on projects beyond borders and regulation, every basic service (cloud, storage, lead gen) run as a subnet game, and a decentralised AI platform that he calls good for humanity and, on X, sovereign intelligence.","statements":["jason-calacanis-035","jason-calacanis-022","jason-calacanis-051","jason-calacanis-046"]},"foundation.values":{"summary":"Real products with real customers, real entrepreneurs with boards and domiciles, no meme coins or pump and dumps, labour empowered by open competition, and no leaving with everybody's tokens.","statements":["jason-calacanis-007","jason-calacanis-027","jason-calacanis-030","jason-calacanis-033","jason-calacanis-028","jason-calacanis-029"]},"problem.market":{"summary":"Bitcoin's mining is busy work that burns energy, most earlier crypto projects were unqualified people with typo-ridden white papers, and he doubted decentralised versions of Uber or Google could beat the originals; he wanted a project where a consumer or enterprise gets value beyond store of value and transfer.","statements":["jason-calacanis-008","jason-calacanis-005","jason-calacanis-006","jason-calacanis-038"]},"problem.institutional":{"summary":"Rug pulls are the main attack vector on the network; subnet ownership needs governance and a codified rule, since a founder can leave with the tokens.","statements":["jason-calacanis-027","jason-calacanis-040"]},"opportunity":{"summary":"Crypto has become legal and regulated under the new administration and the SEC and CFTC chairs, which he says blesses a bet; it is early-days Bitcoin with picks and shovels still to be built.","statements":["jason-calacanis-020","jason-calacanis-012","jason-calacanis-014","jason-calacanis-029","jason-calacanis-038"]},"audience":{"summary":"Retail newcomers and crypto sceptics: buy a little TAO, or just one, as a mutual-fund style ticket; he addresses his own X followers directly and tells Bitcoin holders to rotate half into TAO and SOL.","statements":["jason-calacanis-010","jason-calacanis-042","jason-calacanis-046","jason-calacanis-049","jason-calacanis-047"]},"positioning.category":{"summary":"A Solana or Ethereum scale asset and a possible next or better Bitcoin, though probably not as big as Bitcoin; buying TAO is the index on the subnet economy.","statements":["jason-calacanis-018","jason-calacanis-003","jason-calacanis-013","jason-calacanis-042","jason-calacanis-049"]},"positioning.differentiator":{"summary":"Unlike plain open source, contributors earn tokens for improving a product, and unlike AWS the network is owned by nobody; the many-subnet structure trades efficiency for resilience and competition, as with US federalism.","statements":["jason-calacanis-011","jason-calacanis-002","jason-calacanis-004"]},"positioning.reason":{"summary":"Subnets are solving real problems, competition among miners is deflationary, and the founders remind him of the Bitcoin true believers he under-bet in 2011; the upside he cites is 200x in five to ten years.","statements":["jason-calacanis-048","jason-calacanis-026","jason-calacanis-053","jason-calacanis-021","jason-calacanis-007","jason-calacanis-032"]},"positioning.against":{"summary":"Against Bitcoin as a finished, corporate-owned game that is no longer punk rock, against AWS-style clouds on price, and against Covenant's Sam Dare for leaving with holders' tokens.","statements":["jason-calacanis-019","jason-calacanis-047","jason-calacanis-002","jason-calacanis-028","jason-calacanis-039","jason-calacanis-008"]},"value.functional":{"summary":"Cheaper services through open competition: 85 percent cheaper compute, a 95 percent cut in his own token costs, and a global miner market that drives prices toward the lowest bidder.","statements":["jason-calacanis-002","jason-calacanis-045","jason-calacanis-032","jason-calacanis-031","jason-calacanis-026"]},"value.emotional":{"summary":"The thrill of a front row seat at a spectacular experiment and of capitalism at its finest crossing borders.","statements":["jason-calacanis-035","jason-calacanis-051","jason-calacanis-050"]},"value.self_expressive":{"summary":"Owning TAO marks you as someone who bets to learn rather than deliberates forever, and who is voting for a decentralised AI platform.","statements":["jason-calacanis-024","jason-calacanis-037","jason-calacanis-050","jason-calacanis-052"]},"messaging.h1":{"summary":"Two repeated lines: TAO could go 200x in five to ten years, and please buy just one TAO, a bet to learn and a vote for a third way.","statements":["jason-calacanis-021","jason-calacanis-046","jason-calacanis-050","jason-calacanis-010","jason-calacanis-055"]},"messaging.proof":{"summary":"His own money: roughly half a million dollars of TAO bought personally on Coinbase, a couple of hundred thousand seeded into Stillcore, and a subnet that cut his inference bill by 95 percent.","statements":["jason-calacanis-017","jason-calacanis-025","jason-calacanis-045","jason-calacanis-054"]},"voice":{"summary":"Plain-English, self-deprecating and combative: he answers are you pumping with of course I don't know what I'm talking about, calls a bootstrapped subnet a crypto weirdo project, and says he is J trading, not day trading.","statements":["jason-calacanis-016","jason-calacanis-036","jason-calacanis-044","jason-calacanis-056","jason-calacanis-015"]},"relationship":{"summary":"Self-described investor, commentator and non-builder: personal TAO holder since early 2026, consulting partner in Stillcore Capital, transparent about being underwater, and explicit that none of his venture fund money is in it.","statements":["jason-calacanis-009","jason-calacanis-017","jason-calacanis-023","jason-calacanis-025","jason-calacanis-036","jason-calacanis-041","jason-calacanis-043","jason-calacanis-055","jason-calacanis-038"]},"language.term":{"summary":"He translates crypto vocabulary (permissionless means anybody can participate, a validator checks the work) and coins his own: bet and learn or bet to learn, better Bitcoin, J trading, gumball math for Bitcoin hashing.","statements":["jason-calacanis-031","jason-calacanis-034","jason-calacanis-024","jason-calacanis-046","jason-calacanis-019","jason-calacanis-056","jason-calacanis-001"]}},"language":{"words_used":["bet","subnets","distributed","incentives","capitalism","plain English","real world problems","deflationary","speculative","pumping","rug pull","governance","Bitcoin","Solana","Ethereum","AWS","Coinbase","learn"],"words_avoided":["Bitcoin of AI (used by Stillcore and press, not by him in reached material)","intelligence layer (attributed to him by press, not found in his words)","market for intelligence","Opentensor","decentralized as a slogan (he calls permissionless and peer-to-peer fancy words and restates them)"],"coinages":[{"term":"bet and learn / bet to learn","meaning":"Place a small position to force yourself to study a thing rather than deliberate forever","statement":"jason-calacanis-024"},{"term":"better Bitcoin","meaning":"His long-standing prediction that something would supersede Bitcoin once Bitcoin became corporate-owned; now applied to TAO","statement":"jason-calacanis-019"},{"term":"J trading","meaning":"Hold for a decade, as opposed to day trading","statement":"jason-calacanis-056"},{"term":"gumball math","meaning":"Bitcoin proof of work, borrowed from Mark Jeffrey's gumballs-in-a-jar image","statement":"jason-calacanis-001"},{"term":"a third way","meaning":"Bittensor as an alternative to big tech and state AI, protecting sovereign intelligence; quoted from a community post","statement":"jason-calacanis-046"}]},"genealogy":[{"era":"dtao","summary":"In April 2025 he is a crypto-sceptic host being walked through Bittensor by Mark Jeffrey, conceding it may or may not be the next Bitcoin and liking that real entrepreneurs are involved [jason-calacanis-003] [jason-calacanis-007]. By March 2026 he is a holder and Stillcore partner with a 200x base case and a claim that the game of Bitcoin has ended [jason-calacanis-017] [jason-calacanis-019] [jason-calacanis-021]. In April 2026, during the Covenant exit, he defends the network in plain English as global competition for capitalism while pressing for subnet governance [jason-calacanis-027] [jason-calacanis-035] [jason-calacanis-040].","dominant_metaphor":"better bitcoin","shift":""},{"era":"current","summary":"From July 2026 the ask shrinks to buy just one TAO and the frame turns civic: a bet to learn, a vote of confidence, a third way to protect sovereign intelligence [jason-calacanis-046] [jason-calacanis-050] [jason-calacanis-051]. The Bitcoin comparison hardens into a rotation call, sell half your bitcoin for productive projects like TAO and SOL [jason-calacanis-047], and he says he is probably underwater but holding for a decade [jason-calacanis-055] [jason-calacanis-056].","dominant_metaphor":"ticket","shift":"From an investor's price thesis (200x, better Bitcoin) to a participation pitch aimed at retail (one TAO, a vote, sovereignty), while disclosure becomes the recurring theme after trackers copied his trades."}],"appearances":[{"date":"2025-04-30","title":"Bittensor's Rise, Meta's Llama Goes Cloud, & AI Now Writes Your Code | E2119","outlet":"This Week in Startups","url":"https://www.youtube.com/watch?v=16nd_lIy-lA","medium":"youtube","note":"Mark Jeffrey explains Bittensor to Jason, Alex Wilhelm and Lon Harris; auto captions read."},{"date":"2026-03-06","title":"Wisdom of the $TAO: the future is decentralized AI","outlet":"This Week in Startups","url":"https://www.youtube.com/watch?v=X0AJVcKieyA","medium":"youtube","note":"With Mark Jeffrey (Stillcore) and Ala Shaabana (Crucible Labs); Ridges, Targon, Hippius; auto captions read."},{"date":"2026-03-24","title":"32 Million Dollar Fraud? Delve Scandal | E2266","outlet":"This Week in Startups","url":"https://www.youtube.com/watch?v=kz24Ga0Ig2g","medium":"youtube","note":"Full episode behind the holdings and 200x segment; captions for the full episode were blocked, the official TWiST clip was read instead."},{"date":"2026-03-25","title":"Jason Discloses his Holdings in Tao","outlet":"This Week in Startups Clips","url":"https://www.youtube.com/watch?v=txTnwkA1Rkw","medium":"youtube","note":"Official clip of the E2266 segment with Alex Wilhelm and Elizabeth Yin; auto captions read."},{"date":"2026-03-25","title":"This Bittensor Subnet Could Cut Drug Discovery Costs in HALF | E2267","outlet":"This Week in Startups","url":"https://www.youtube.com/watch?v=gjRt4eUyiYc","medium":"youtube","note":"Metanova, Bitcast and Score subnets; hosted by Alex Wilhelm and Lon Harris without Jason, so no statements taken."},{"date":"2026-04-03","title":"SpaceX IPO, Iran War Fallout, Quantum Bitcoin Hack, The Space Opportunity","outlet":"All-In Podcast","url":"https://www.youtube.com/watch?v=N-pust8qtGI","medium":"youtube","note":"Brief TAO exchange at 1:17 after Chamath's Jensen Huang interview; auto captions read."},{"date":"2026-04-10","title":"Bittensor Drama! TAO down 15%! | E2274","outlet":"This Week in Startups","url":"https://www.youtube.com/watch?v=BaGVZI-sMK0","medium":"youtube","note":"Covenant AI exit, with Gareth Howells of Vidaio (subnet 85); auto captions read."},{"date":"2026-04-13","title":"Bittensor's (alleged) $10M rug pull (feat. Mark Jeffrey) | E2275","outlet":"This Week in Startups","url":"https://www.youtube.com/watch?v=sdhuUZbx5Sk","medium":"youtube","note":"Mark Jeffrey, then Macrocosmos and BitMind founders; auto captions read."},{"date":"2026-07-10","title":"OpenAI vs Anthropic IPOs, Anthropic $3T, Zuck's Price War, China Ends Open Source?, Trump Accounts","outlet":"All-In Podcast","url":"https://www.youtube.com/watch?v=PHL1j2ti420","medium":"youtube","note":"Passing mention of a TAO inference subnet cutting his token cost; auto captions read."},{"date":"2026-08-17","title":"Bittensor creator Const on Affine, dTAO, “mining reasoning,” and more | E2326","outlet":"This Week in Startups","url":"https://www.youtube.com/watch?v=quq00obUVQ4","medium":"youtube","note":"Interview with Jacob Steeves; auto captions read; the TWiST description says the show covered Bittensor all year."}],"coverage":{"searches_used":31,"fetches_used":96,"well_covered":["dtao era, March to April 2026: five TWiST video episodes plus one All-In episode, all read from YouTube auto captions","current era, July to August 2026: two X posts verified through X's syndication endpoint, one All-In mention, and the Const TWiST interview","his relationship to the network (holdings, Stillcore role, fund separation) is stated repeatedly in his own words"],"thin":["2025: a single TWiST appearance (2025-04-30) before he invested; nothing found from him on Bittensor between May 2025 and February 2026 apart from the Stillcore launch he did not announce in a reached post","X: only two posts reached directly; the March 2026 $TAO > $BTC post reported by CaptainAltcoin and Bitget was not located, nor any post around the September 2025 Stillcore launch","All-In: the Ridges (subnet 62) remark reported by Bitget and Bitcoinsistemi for 2026-04-11 was not found in the four April 2026 All-In episodes checked"],"gaps":["Full captions for TWiST E2266 (https://www.youtube.com/watch?v=kz24Ga0Ig2g) were blocked by YouTube after many caption pulls; the official TWiST clip of the same segment was used instead","TWiST 2026-03-27 episode with Sam Dare of Covenant AI was not reached, so his on-air questions to Dare are not recorded","His Substacks (calacanis.substack.com, twistartups.substack.com, jcalfromallin.substack.com) returned no Bittensor posts in archive search","Press claim that he invested 500 million dollars (Bitcoin.com, Stocktwits, Market Periodical) is contradicted by his own on-air figure of about half a million; recorded only via the primary","The 2026-03-25 Jensen Huang All-In interview where Bittensor came up was Chamath Palihapitiya's question, not his, and is not recorded","Web search budget for the session ran out after 29 searches, so later episode discovery used YouTube results pages via curl","Quotes from video are from YouTube auto captions with no speaker labels; coin and project names were normalised from caption spellings (tow, towel, Bit Tensor, Stillmark) and one statement is marked probable where the speaker could be Lon Harris","fetches_used counts 36 WebFetch calls plus about 60 direct pulls of YouTube pages, captions, oEmbed and X syndication JSON, which exceeds the 60 fetch budget"],"unreachable":["https://x.com/Jason/status/2077306951533318599 (direct fetch 402; reached via cdn.syndication.twimg.com)","https://web.archive.org/web/2026/https://x.com/Jason/status/2077306951533318599 (archive.org blocked)","https://thisweekinstartups.com/episodes/E5snSk87PIs (404)","https://x.com/AltcoinDaily/status/1971272136859001007 (402)","https://blockchain.news/flashnews/jason-calacanis-launches-stillcore-capital-new-bittensor-tao-fund-focused-on-subnet-alpha-tokens-in-2025 (403)","https://99bitcoins.com/nl/nieuws/altcoins/bittensor-schiet-omhoog-na-tweet-jason-calacanis-is-tao-de-nieuwe-bitcoin/ (403)","https://www.openpr.com/news/4597529/jason-calacanis-rotation-call-revives-bittensor-tao-price (403)","https://www.thestreet.com/crypto/markets/angel-investor-says-bitcoin-has-bottomed-sell-it-and-buy-solana (403; Yahoo syndication used instead)","https://podscan.fm/podcasts/this-week-in-startups (403)","https://syndication.twitter.com/srv/timeline-profile/screen-name/Jason (rate limited)","https://open.spotify.com/episode/4jwQtJn3yjdVlpLRHFMuRF and https://open.spotify.com/episode/0o1dFYybAPZR5rj1KWEBWA (title only, no description)"]},"themes":["disclosure","real products","commodity markets","incentive design","bitcoin comparison","retail entry","learning by betting","cost","investment","regulation","competition","rug pulls","crypto scepticism","timing","anti-bitcoin","risk","governance","ownership","global labour","portfolio","token economics","decentralisation","entrepreneurs","useful work","energy","open source","subnet selection","market cap comparison","price prediction","distributed computing","deflation","compute","permissionless entry","labour","validator power","borderless work","capitalism","token versus equity","inference cost","ai sovereignty","productive assets","decentralised intelligence","speculation","holding period"],"metaphors":["early bitcoin","better bitcoin","incentive layer","next bitcoin","federalism","flat white","games","global competition","global starbucks","gumball math","mutual fund","picks and shovels","poker chips","punk rock","third way","ticket","tip of the spear","true believers","vote","wild west"]},{"id":"joseph-jacks","name":"Joseph Jacks","aka":["JJ"],"kind":"person","role":"Founder and General Partner, OSS Capital; co-founder and CEO, Latent Holdings","affiliation":"OSS Capital / Latent Holdings","active_from":"2023","handles":{"x":"@JosephJacks_","linkedin":"josephjacks","blog":"josephjacks.com"},"subnets":[],"one_line":"Commercial open source investor who bought TAO in early 2023, committed a dedicated $25M in January 2024, then became a builder through Latent Holdings (subnets 14 and 5) and co-hosted The TAO Pod, framing Bittensor as Bitcoin and Linux applied to AI and as a transformation of capitalism itself.","glyph":"JJ","url":"/narrative/joseph-jacks/","statement_count":48,"confidence":{"verified":42,"probable":6,"unverified":0},"eras":["revolution","dtao"],"media":["article","blog","other","podcast","x"],"first_date":"2024-01-12","last_date":"2026-01-11","framework":{"foundation.mission":{"summary":"Bittensor exists to incentivize the production of ever better, open, permissionless intelligence that anyone can access, with AI as a sustainable common good rather than a closed product.","statements":["joseph-jacks-002","joseph-jacks-004","joseph-jacks-005","joseph-jacks-037","joseph-jacks-040"]},"foundation.vision":{"summary":"He sees subnets as merit-based market networks that replace networks run by kings, corporations and mobs, a workable direct democracy with capitalism embedded, and a system whose incentives will tighten toward mathematical precision over time.","statements":["joseph-jacks-023","joseph-jacks-041","joseph-jacks-042","joseph-jacks-045"]},"foundation.values":{"summary":"Permissionless participation without a job at big tech, a VC or anyone's sign off; equal access; technology treated as amoral, with the risk located in human application.","statements":["joseph-jacks-004","joseph-jacks-017","joseph-jacks-019"]},"problem.cultural":{"summary":"AI fear-mongering is baseless in his telling; the real danger is how humans and institutions apply the technology.","statements":["joseph-jacks-019"]},"problem.market":{"summary":"The network's builders outperform venture funded rivals but fail to engage the conventional research world, so the world does not know.","statements":["joseph-jacks-036"]},"problem.institutional":{"summary":"Large labs seek regulatory capture over the most powerful technology humans have discovered, which makes a democratically built platform urgent.","statements":["joseph-jacks-020","joseph-jacks-032"]},"opportunity":{"summary":"A permissionless system can aggregate more capital and talent than all big internet companies combined; emission budgets, halvings and subnet revenue are cited as tailwinds.","statements":["joseph-jacks-021","joseph-jacks-009","joseph-jacks-047"]},"audience":{"summary":"He talks to developers and subnet teams (jump in, mine your own subnet, do not raise VC) and to holders (acquire TAO and hold it forever).","statements":["joseph-jacks-005","joseph-jacks-006","joseph-jacks-009","joseph-jacks-028"]},"positioning.category":{"summary":"Bittensor is Bitcoin and Linux applied to AI: a commodity marketplace, an incentive layer, a form of direct democracy, and a transformation of capitalism the way Bitcoin transformed capital.","statements":["joseph-jacks-016","joseph-jacks-015","joseph-jacks-025","joseph-jacks-023","joseph-jacks-033","joseph-jacks-035","joseph-jacks-022","joseph-jacks-038"]},"positioning.differentiator":{"summary":"N commodities instead of one, permissionless extrinsic incentives, no venture funding and a fairer ownership distribution than early Bitcoin; it inverts the AI business model by rewarding open outputs.","statements":["joseph-jacks-018","joseph-jacks-024","joseph-jacks-026","joseph-jacks-029","joseph-jacks-034","joseph-jacks-042","joseph-jacks-011"]},"positioning.reason":{"summary":"Open beat closed before (Linux, Bitcoin), the community is full of builders, and OSS Capital has committed its own capital for ten plus years.","statements":["joseph-jacks-016","joseph-jacks-007","joseph-jacks-021"]},"positioning.against":{"summary":"Set against closed, VC-funded foundation model startups and OpenAI (which the network predates), against VC-funded imitators with pre-mine sales and no mainnet, against critics of emissions, and against regulatory capture by big labs.","statements":["joseph-jacks-001","joseph-jacks-010","joseph-jacks-015","joseph-jacks-008","joseph-jacks-012","joseph-jacks-032","joseph-jacks-043","joseph-jacks-029","joseph-jacks-025"]},"value.functional":{"summary":"Builders get paid in TAO and alpha for useful work without permission, a job, or a fundraise; subnets let merit govern without a ruler.","statements":["joseph-jacks-017","joseph-jacks-029","joseph-jacks-042"]},"messaging.h1":{"summary":"The repeated line moves from 'make AI a sustainable common good' to 'the only borderless incentive layer' to the aphorism 'Bitcoin transforms capital. Bittensor transforms capitalism.'","statements":["joseph-jacks-005","joseph-jacks-025","joseph-jacks-033","joseph-jacks-035","joseph-jacks-037"]},"messaging.proof":{"summary":"Emission spend in dollars, counts of dedicated startups, subnet valuations versus startup comps (Chutes, Ridges), founder ownership under one percent, and zero venture dollars raised.","statements":["joseph-jacks-008","joseph-jacks-009","joseph-jacks-011","joseph-jacks-027","joseph-jacks-030","joseph-jacks-034","joseph-jacks-036","joseph-jacks-046","joseph-jacks-007"]},"voice":{"summary":"Sarcastic toward critics, profane when rallying, willing to reverse himself in public and to call the network lossy and bad at outreach.","statements":["joseph-jacks-012","joseph-jacks-032","joseph-jacks-028","joseph-jacks-036","joseph-jacks-045","joseph-jacks-048","joseph-jacks-006"]},"relationship":{"summary":"An open source investor, not a crypto investor, who bought early in 2023 after initial skepticism, committed a dedicated fund, then became a builder and steward through Latent Holdings and an advisor to a TAO treasury company.","statements":["joseph-jacks-003","joseph-jacks-007","joseph-jacks-013","joseph-jacks-014","joseph-jacks-022","joseph-jacks-031","joseph-jacks-044","joseph-jacks-048"]},"language.term":{"summary":"He coins investor-flavored terms: decentralized cap table, proof of useful utility work, synthetic FDV, stocks for ideas, incentives as a meta language, and describes incentive mechanisms as boot-loader logic for a loss function.","statements":["joseph-jacks-008","joseph-jacks-024","joseph-jacks-026","joseph-jacks-027","joseph-jacks-038","joseph-jacks-039"]}},"language":{"words_used":["incentive mechanism","commodity","digital commodities","permissionless","proof-of-useful-work","alpha","dTAO","open source","open weights","humanity-owned","VC-funded","cap table","FDV","halving","treasury holdcos","capitalism"],"words_avoided":["crypto investor or Web3 investor as self description","AGI as a serious term (goal-post-moving acronyms)","investment advice (explicitly disclaimed)"],"coinages":[{"term":"decentralized cap table for all","meaning":"the network's emission-based ownership, contrasted with a startup cap table","statement":"joseph-jacks-008"},{"term":"proof of useful utility work","meaning":"his name for the Bitcoin-style principle applied to any objective function","statement":"joseph-jacks-026"},{"term":"total synthetic FDV","meaning":"the sum of alpha token valuations expressed in TAO","statement":"joseph-jacks-027"},{"term":"stocks for ideas","meaning":"subnet alpha tokens as equity in an idea before it is real","statement":"joseph-jacks-038"},{"term":"incentivism","meaning":"incentives as a meta language above currencies; the term appears in the EP03 show notes, not in a verified quote","statement":"joseph-jacks-039"},{"term":"Scam Altcoin","meaning":"his renaming of Sam Altman","statement":"joseph-jacks-032"}]},"genealogy":[{"era":"revolution","summary":"Jacks goes public in January 2024 with a founder tribute and a $25M commitment, framing Bittensor through Steeves' refusal of the closed, VC-funded path and the mission to make AI a sustainable common good [joseph-jacks-001] [joseph-jacks-007] [joseph-jacks-005]. On Unchained he sets the precedent as Bitcoin plus Linux and says the network is inverting capitalism [joseph-jacks-016] [joseph-jacks-018], and his proof is dollars: emission spend, startup counts, startup comps [joseph-jacks-008] [joseph-jacks-011]. By late January 2025 he is previewing dTAO as direct democracy [joseph-jacks-023].","dominant_metaphor":"linux","shift":""},{"era":"dtao","summary":"After the upgrade he speaks as a builder as much as an investor: Latent Holdings launches TAOHash on subnet 14 and he advises subnet teams to mine their own networks and refuse VC money [joseph-jacks-031] [joseph-jacks-028] [joseph-jacks-029]. The capitalism line hardens into an aphorism [joseph-jacks-033] [joseph-jacks-035], subnets become stocks for ideas and market networks replacing rulers [joseph-jacks-038] [joseph-jacks-041], VC-funded imitators become the foil [joseph-jacks-043], and he turns critical of the network's own outreach and precision [joseph-jacks-036] [joseph-jacks-045].","dominant_metaphor":"capitalism","shift":"From investor advocacy built on precedent and dollar proof to builder and steward voice, with the Bitcoin comparison compressed into slogans and new self-criticism."},{"era":"current","summary":"No Bittensor statements from June 2026 onward were reached. His last found Bittensor item is a January 2026 LinkedIn tribute to Steeves [joseph-jacks-048]; his April 2026 post on Anthropic's Mythos argues for open weights without naming Bittensor, and the TAO Pod's August 2026 relaunch says he is no longer a co-host.","dominant_metaphor":"","shift":"Public Bittensor output thins; whether this is a step back or a search gap is unresolved."}],"appearances":[{"date":"2024-10-01","title":"Could Bittensor End Up Being the Only Crypto/AI Project That Matters? (Ep. 712)","outlet":"Unchained with Laura Shin","url":"https://podscripts.co/podcasts/unchained/could-bittensor-end-up-being-the-only-cryptoai-project-that-matters-ep-712","medium":"podcast","note":"With Sami Kassab; OSS Capital thesis, subnets, Polkadot SDK, EVM, competing with big labs, AI risk. Auto transcript on podscripts; art19 page returned 404."},{"date":"2024-11-13","title":"Crypto Mixer ft. Bittensor by OSS Capital","outlet":"OSS Capital meetup, Bangalore","url":"https://www.linkedin.com/posts/josephjacks_crypto-mixer-ft-bittensor-by-oss-capital-activity-7260329260605689857-bQuM","medium":"talk","note":"In-person talk on open source decentralized and incentivized AI; no recording or transcript found."},{"date":"2025-01-30","title":"Joseph Jacks | Accelerating an Open Future | Bittensor x Google x Dippy Open-Source AI Summit","outlet":"YouTube","url":"https://www.youtube.com/watch?v=lFlvipR6ZdM","medium":"youtube","note":"Conference talk; date from search listing; YouTube page returned no description or transcript."},{"date":"2025-07-25","title":"EP03: Why Humanity Needs Permissionless AI Incentives Now: Bittensor's Revolution Against Control","outlet":"The TAO Pod","url":"https://www.iheart.com/podcast/1333-the-tao-pod-286034115/episode/ep03-why-humanity-needs-permissionless-ai-287522130/","medium":"podcast","note":"Co-hosted with James Altucher; subnets as stocks for ideas, incentivism, Bittensor as a neural network, Metcalfe and Reed's law. Episode page carries show notes and attributed quotes, no full transcript reached."},{"date":"2025-08-29","title":"EP06: Why Bittensor Will Outpace Bitcoin and VC Funding","outlet":"The TAO Pod","url":"https://www.youtube.com/watch?v=UA4QqAHzCbk","medium":"youtube","note":"Co-hosted with James Altucher; no transcript reached."},{"date":"2025-09-08","title":"EP07: How Bittensor Transcends Incentives to Revolutionize Venture Capital","outlet":"The TAO Pod","url":"https://www.listennotes.com/podcasts/the-tao-pod-james-altucher-joseph-jacks-PxcEyeQLzdl/","medium":"podcast","note":"Co-hosted; description only."},{"date":"2025-12-17","title":"EP13: TAO's Philosophical Depth: Bittensor Digital Capitalism vs Bitcoin Evolution","outlet":"The TAO Pod","url":"https://podcasts.apple.com/us/podcast/the-tao-pod/id1826606143","medium":"podcast","note":"Co-hosted; description frames Bittensor as digital capitalism and Bitcoin as digital capital; no transcript reached."},{"date":"2026-02-24","title":"EP14: Quantum Biology Meets Bittensor: Engineering Life & AI Compute","outlet":"The TAO Pod","url":"https://podcasts.apple.com/us/podcast/the-tao-pod/id1826606143","medium":"podcast","note":"Last Season 1 episode; the Season 2 opener (2026-08-08) states Jacks is no longer part of the show. Description only."}],"coverage":{"searches_used":40,"fetches_used":59,"well_covered":["X posts 2024-01 to 2025-10 (23 verified via fxtwitter)","his own blog (three Bittensor posts, primary)","Unchained ep. 712 via podscripts auto transcript with timestamps","The Block May 2025 quotes","LinkedIn posts (dates decoded from activity ids)"],"thin":["2023 (nakamoto and finney eras): no statements; his only 2023 trace is the retrospective 'I personally invested in early 2023'","current era (2026-06 onward): no statements found","podcast and talk transcripts: TAO Pod episodes and YouTube talks have no reachable transcript"],"gaps":["No 2023 posts found: search engines surfaced no JosephJacks_ status from 2023 mentioning Bittensor; xcancel.com returned HTTP 451","No June to September 2026 Bittensor statements found across three targeted searches; April 2026 Mythos post (x.com/JosephJacks_/status/2041625567473365166) does not mention Bittensor","Bittensor x Google x Dippy Open-Source AI Summit talk (youtube.com/watch?v=lFlvipR6ZdM): YouTube returned only footer, no transcript","The TAO Pod episodes 1 to 14: only descriptions reached; EP03 quotes are probable from the iHeart page","TAO Synergies press release: only the first sentence of his quote was returned by the SEC exhibit fetch","Bankless, Empire, The Rollup, Real Vision, Bittensor Guru, Endgame, Tao Summit: no appearance by Jacks found in search","CoinDesk, Fortune, Decrypt, Blockworks: no direct quotes found; The Block is the only press quote","NUS Computer Science Club 'Linux of AI' video (youtube.com/watch?v=XRhTE9MtJpA): speaker not identified","Naval Ravikant's original thread not fetched to pin the lineage of the networks-to-markets adaptation"],"unreachable":["https://art19.com/shows/late-confirmation/episodes/6fcbe99f-1590-46e8-af47-8f6f16371a47 (404)","https://xcancel.com/JosephJacks_ (451)","https://subnetedge.substack.com/p/james-altucher-and-jj-bittensor-the (404)","https://www.youtube.com/watch?v=lFlvipR6ZdM (no content returned)","https://www.youtube.com/watch?v=UA4QqAHzCbk (no content returned)","https://www.youtube.com/watch?v=m5k6qgc-cQI (no content returned)","https://www.youtube.com/watch?v=XRhTE9MtJpA (no content returned)"]},"themes":["anti-VC AI","incentive design","bitcoin lineage","permissionless entry","token economics","commodity markets","ownership","investor","open source AI","founder story","governance","alpha tokens","anti-OpenAI","competition","open source","anti-closed AI","proof of useful work","dTAO","subnets","capitalism","fair launch","self-criticism","markets","censorship resistance","decentralised intelligence","equal access","commons","long term holding","community","developer opportunity","ecosystem growth","critics","skepticism","precedent","AI safety","regulation","regulatory capture","talent aggregation","open beats closed","subnet economics","reversal","subnet valuation","builder","hashrate","decentralised training","research","open weights","superintelligence","reinforcement learning","merit","treasury companies","institutional adoption","subnet results","efficiency","halving"],"metaphors":["bitcoin","incentive layer","linux","capitalism","networks to markets","activation energy","boot-loader","cap table","commodity marketplace","common good","direct democracy","father","god mode","jevons","meta language","mother","speed of light","stocks for ideas"]},{"id":"ala-shaabana","name":"Ala Shaabana","aka":["shibshib","ShibShib","Ala S."],"kind":"person","role":"Co-founder, Bittensor and the Opentensor Foundation; co-founder, Crucible Labs","affiliation":"Opentensor Foundation (2019 to 2026), Crucible Labs (2024 onward)","active_from":"2019","handles":{"x":"@shibshib89","github":"shibshib","medium":"@shaabana","linkedin":"ashaabana"},"subnets":[],"one_line":"The academic half of the founding pair: a McMaster applied-computing PhD and ex-VMware distributed-systems engineer who co-built Bittensor with Jacob Steeves from 2019, ran the foundation's operations, left for Crucible Labs, and explains the network in engineering and institutional terms rather than in Steeves's biological ones.","glyph":"AS","url":"/narrative/ala-shaabana/","statement_count":47,"confidence":{"verified":28,"probable":18,"unverified":1},"eras":["pre","nakamoto","finney","revolution","dtao","current"],"media":["article","blog","discord","podcast","talk","whitepaper","x"],"first_date":"2020","last_date":"2026-06-02","framework":{"foundation.mission":{"summary":"A market that prices machine intelligence peer to peer so that anyone can contribute and be paid for it, and so that AI's power is democratised and decentralised rather than held by a few corporations.","statements":["ala-shaabana-001","ala-shaabana-013","ala-shaabana-023"]},"foundation.vision":{"summary":"Bittensor as the unnoticed underlying layer for AI, a TCP/IP, made of many specialised subnetworks rather than one monolith, with the foundation itself dissolving into the network over time.","statements":["ala-shaabana-036","ala-shaabana-017","ala-shaabana-024","ala-shaabana-025","ala-shaabana-047","ala-shaabana-010"]},"foundation.values":{"summary":"Fair launch with no ICO, open source, permissionless competition from anywhere, and removing human bias from who gets to contribute.","statements":["ala-shaabana-005","ala-shaabana-009","ala-shaabana-011","ala-shaabana-020","ala-shaabana-021","ala-shaabana-033","ala-shaabana-041"]},"problem.cultural":{"summary":"AI power is concentrated in a few hands, which he pictures as three people owning all the libraries and teachers and everyone else needing permission.","statements":["ala-shaabana-028","ala-shaabana-023"]},"problem.market":{"summary":"AI is verified badly and produced inefficiently: work is retrained over and over, contribution requires belonging to Google or Facebook, and earlier distributed projects like SETI@Home died for lack of incentives.","statements":["ala-shaabana-007","ala-shaabana-029","ala-shaabana-004","ala-shaabana-002"]},"problem.institutional":{"summary":"A single company owning AGI, or a regulator requiring approval for every model, locks in a status quo where only a few corporations wield AI.","statements":["ala-shaabana-011","ala-shaabana-022","ala-shaabana-002","ala-shaabana-007"]},"opportunity":{"summary":"AI verification is the use case blockchains were waiting for; the OpenAI governance drama, the arrival of subnet product-market fit, and a macro turn away from sovereign trust all favour open incentive networks.","statements":["ala-shaabana-030","ala-shaabana-034","ala-shaabana-037","ala-shaabana-027","ala-shaabana-047","ala-shaabana-045"]},"audience":{"summary":"Machine learning researchers and Web2 labs in the early years; small TAO holders through delegation; subnet founders and startup investors after dTAO, told to market as well as build.","statements":["ala-shaabana-018","ala-shaabana-020","ala-shaabana-032","ala-shaabana-041","ala-shaabana-044","ala-shaabana-027"]},"positioning.category":{"summary":"An intelligence market and a decentralised mixture of experts in 2022; a city of subnet neighbourhoods, TCP/IP for AI, and Bitcoin's mining side made programmable by 2026.","statements":["ala-shaabana-001","ala-shaabana-008","ala-shaabana-012","ala-shaabana-031","ala-shaabana-036","ala-shaabana-038","ala-shaabana-043","ala-shaabana-047"]},"positioning.differentiator":{"summary":"Models rank each other without human curation, many models answer at once, and each subnet is its own entity tied to TAO, unlike one monolithic model.","statements":["ala-shaabana-009","ala-shaabana-035","ala-shaabana-017","ala-shaabana-026","ala-shaabana-004"]},"positioning.reason":{"summary":"Incentives are the whole argument: blockchains verify, tokens align contributors, and what a subnet rewards is what its miners will optimise for.","statements":["ala-shaabana-033","ala-shaabana-030","ala-shaabana-029","ala-shaabana-046","ala-shaabana-045","ala-shaabana-005","ala-shaabana-021"]},"positioning.against":{"summary":"OpenAI and the closed labs, the Googles and Facebooks as gatekeepers of contribution, the Biden executive order's reporting regime, Polkadot as a home for the chain, and closed coding tools on price.","statements":["ala-shaabana-007","ala-shaabana-011","ala-shaabana-022","ala-shaabana-028","ala-shaabana-034","ala-shaabana-016","ala-shaabana-040"]},"value.functional":{"summary":"Earn TAO for useful work or by delegating, plug into compounding knowledge, get many models' answers at once, and draw on a large annual emissions subsidy.","statements":["ala-shaabana-006","ala-shaabana-010","ala-shaabana-018","ala-shaabana-033","ala-shaabana-035","ala-shaabana-039","ala-shaabana-042"]},"value.emotional":{"summary":"Relief from the fear of one company owning AGI, and pride in producing something valuable to humankind.","statements":["ala-shaabana-011","ala-shaabana-013"]},"messaging.h1":{"summary":"Open source AI decentralises power for the greater good; AI verification is the use case blockchains were waiting for; Bittensor is Bitcoin's mining made programmable and could be TCP/IP for AI.","statements":["ala-shaabana-023","ala-shaabana-030","ala-shaabana-036","ala-shaabana-038"]},"messaging.proof":{"summary":"Block rewards, a 100 million dollar a year emissions subsidy, subnets approaching product-market fit, Web2 researchers joining, a subnet five to seven times cheaper than Claude Code, and Bitcoin's hash rate as the proof that incentives marshal compute.","statements":["ala-shaabana-006","ala-shaabana-019","ala-shaabana-032","ala-shaabana-034","ala-shaabana-027","ala-shaabana-039","ala-shaabana-040","ala-shaabana-045"]},"voice":{"summary":"Operator's register: launch logistics, wind-downs, chain choices, and a Munger-style aphorism about miners; plain and institutional rather than prophetic.","statements":["ala-shaabana-014","ala-shaabana-015","ala-shaabana-016","ala-shaabana-028","ala-shaabana-044","ala-shaabana-046"]},"relationship":{"summary":"Co-founder and operator who ran launches from the foundation, then built Crucible Labs to pull the network away from the foundation, and by 2026 speaks as an ecosystem investor who says builders now move faster than the core team.","statements":["ala-shaabana-014","ala-shaabana-016","ala-shaabana-024","ala-shaabana-025","ala-shaabana-029","ala-shaabana-034","ala-shaabana-037","ala-shaabana-043"]},"language.term":{"summary":"Commodity and market from the whitepaper; mixture of experts and API in 2022; subnetworks in 2023; crypto AI as a term he claims to have coined; subnet tokens, subsidy, and subnets as startups after dTAO.","statements":["ala-shaabana-003","ala-shaabana-008","ala-shaabana-017","ala-shaabana-019","ala-shaabana-026","ala-shaabana-037","ala-shaabana-039","ala-shaabana-042","ala-shaabana-043","ala-shaabana-046"]}},"language":{"words_used":["incentives","commodity","market","verification","trustless","permissionless","open source","mixture of experts","subnetworks","subnets","delegation","mined fairly","subsidy","product-market fit","startups","crypto AI","TCP/IP","decentralize"],"words_avoided":["neurons","hive mind","Bitcoin of AI","AGI as goal","dTAO by name"],"coinages":[{"term":"crypto AI","meaning":"The category label for token-incentivised AI networks, which he says the founders were among the first to coin.","statement":"ala-shaabana-037"},{"term":"subnetworks","meaning":"His March 2023 name for what became subnets: small purpose-specific networks replacing one monolith.","statement":"ala-shaabana-017"},{"term":"programmable mining","meaning":"Bittensor described as Bitcoin's mining side made programmable on a new chain.","statement":"ala-shaabana-038"},{"term":"subsidy","meaning":"Emissions described as roughly 100 million dollars a year handed to builders.","statement":"ala-shaabana-039"}]},"genealogy":[{"era":"pre","summary":"The whitepaper voice, shared with Steeves, frames intelligence as a commodity that needs a new kind of market and names corporate concentration as the failure to fix [ala-shaabana-001] [ala-shaabana-002] [ala-shaabana-003].","dominant_metaphor":"market","shift":""},{"era":"nakamoto","summary":"To a machine learning audience he describes Bittensor as an API and a decentralised mixture of experts, stresses the fair launch and the block reward, and states the anti-monopoly case as fear of one company owning AGI [ala-shaabana-008] [ala-shaabana-005] [ala-shaabana-011]. By early 2023 he is the operator announcing launches and wind-downs [ala-shaabana-014] [ala-shaabana-015].","dominant_metaphor":"mixture of experts","shift":"From market abstraction to engineering description and operational voice."},{"era":"finney","summary":"He explains the move to a solo chain and introduces subnetworks against the monolith, delegation for small holders, and the idea that anyone can build on top [ala-shaabana-016] [ala-shaabana-017] [ala-shaabana-018] [ala-shaabana-020].","dominant_metaphor":"monolith","shift":"Subnets enter his vocabulary; the frame becomes software architecture rather than one big model."},{"era":"revolution","summary":"In the week of the OpenAI board crisis and the Biden executive order he argues for open source AI as a matter of who may wield the technology [ala-shaabana-023] [ala-shaabana-022], tells Delphi the foundation should dissolve over time [ala-shaabana-024], and in late 2024 leaves to start a validator that decentralises away from the foundation [ala-shaabana-025].","dominant_metaphor":"open source","shift":"Institutional and policy framing replaces engineering framing; the foundation's role becomes a thing to shrink."},{"era":"dtao","summary":"Subnets become independent entities tied to TAO and are judged like startups [ala-shaabana-026] [ala-shaabana-043]; he offers the city of neighbourhoods and TCP/IP frames, claims the term crypto AI, calls emissions a subsidy, and explains dTAO as staking TAO to get subnet tokens [ala-shaabana-031] [ala-shaabana-036] [ala-shaabana-037] [ala-shaabana-039] [ala-shaabana-042]. The anti-OpenAI line sharpens into the three-people-own-the-libraries image [ala-shaabana-028].","dominant_metaphor":"city","shift":"Investor and infrastructure register; the brain metaphor appears only when an interviewer offers it and is swapped for a city."},{"era":"current","summary":"On stage in Paris he leans on Bitcoin's hash rate as the proof that incentives marshal compute, turns Munger's incentives line on subnets, and adds a macro bull case built on debt, liquidity, and sovereign distrust [ala-shaabana-045] [ala-shaabana-046] [ala-shaabana-047].","dominant_metaphor":"bitcoin","shift":"Macro and markets language on top of the incentives argument."}],"appearances":[{"date":"2022-03-15","title":"ep 2: Building an Open, Decentralized, and Community-Driven Marketplace (for AI!)","outlet":"Meta-Averse podcast (Substack)","url":"https://metaaverse.substack.com/p/ep-2-building-an-open-decentralized","medium":"podcast","note":"Both co-founders on web3 for machine intelligence; episode page has no transcript."},{"date":"2022-05-12","title":"123. Ala Shaabana and Jacob Steeves - AI on the blockchain (it actually might just make sense)","outlet":"Towards Data Science podcast","url":"https://podscript.ai/videos/towards-data-science/ala-shaabana-and-jacob-steeves-ai-on-the-blockchain-it-actually-might-just-make-sense/","medium":"podcast","note":"Long interview with Jeremie Harris; auto transcript on PodScript, YouTube at https://www.youtube.com/watch?v=sRn-Q_mSjAM."},{"date":"2022-09-19","title":"AI Sessions With Bittensor | Episode 1","outlet":"The Bittensor Hub (Discord recording)","url":"https://podscript.ai/videos/the-bittensor-hub/ai-sessions-with-bittensor-episode-1-sept-19-2022/","medium":"discord","note":"Community session on AI capabilities and alignment; auto transcript with unreliable speaker labels."},{"date":"2023-01-13","title":"Bittensor | TGIFT | Finney Update","outlet":"The Bittensor Hub (Discord recording)","url":"https://podscript.ai/videos/the-bittensor-hub/bittensor-tgift-finney-update-01-10-23/","medium":"discord","note":"Steeves and Shaabana on the Finney soft launch and Nobunaga wind-down; auto transcript."},{"date":"2023-03-09","title":"Bittensor Spaces: Session 2 | TGIFT","outlet":"The Bittensor Hub","url":"https://podscript.ai/videos/the-bittensor-hub/bittensor-spaces-session-2-tgift-march-9-2023/","medium":"discord","note":"Finney as a solo chain, subnets, delegation, ChatTensor; auto transcript."},{"date":"2023-03-30","title":"Bittensor Spaces | TGIFT","outlet":"The Bittensor Hub","url":"https://podscript.ai/videos/the-bittensor-hub/bittensor-spaces-tgift-march-30-2023/","medium":"discord","note":"Mostly Carro and Steeves; Shaabana makes two brief interjections; auto transcript."},{"date":"2023-11-21","title":"Ala Shaabana: Beyond the OpenAI Silicon Valley Echo Chamber: Decentralizing AI with Bittensor","outlet":"The Delphi Podcast","url":"https://podcasts.apple.com/us/podcast/ala-shaabana-beyond-the-openai-silicon-valley-echo/id1438148082?i=1000635595011","medium":"podcast","note":"Hosted by Tommy Shaughnessy during the OpenAI board crisis; covers governance, subnets, and the plan to dissolve the foundation; no public transcript found, YouTube mirror at https://www.youtube.com/watch?v=06cT9BeQ3KA."},{"date":"2023-12-19","title":"Bittensor and decentralized commodity markets with Ala Shaabana","outlet":"In Plaintext podcast (Nina Protocol)","url":"https://www.ninaprotocol.com/releases/bittensor-and-decentralized-commodity-markets-with-ala-shaabana","medium":"podcast","note":"43 minute episode; page rate-limited (429) so nothing verified from it."},{"date":"2025-06-10","title":"Mining Intelligence on the Open Web | Proof of Talk 2025","outlet":"Proof of Talk (YouTube)","url":"https://www.youtube.com/watch?v=YZd0dZ4RWjw","medium":"talk","note":"Panel with Robert Myers, Marcus Graichen, Jose Rios, moderated by Victor Teixeira; no transcript read."},{"date":"2025-09-25","title":"Robert Scoble interview with Ala Shaabana","outlet":"Robert Scoble on X","url":"https://x.com/Scobleizer/status/1971242794019864895","medium":"youtube","note":"Scoble called it the most important interview he had done that year; video not reached, no transcript."},{"date":"2026-01-16","title":"Ala Shaabana (Bittensor) - 'The market is only starting to understand the value of decentralised AI'","outlet":"CoinShares, The Node","url":"https://coinshares.com/us/insights/the-node/interview-ala-shaabana-bittensor/","medium":"article","note":"Written Q&A with Jeremy Le Bescont plus a YouTube cut at https://www.youtube.com/watch?v=aMBA7gG5z-E; the written version is the primary."},{"date":"2026-03-25","title":"Ala Shaabana on This Week in Startups","outlet":"This Week in Startups","url":"https://cryptobriefing.com/ala-shaabana-bittensors-programmable-mining-model-incentivizes-ai-development-ridges-subnet-62-offers-competitive-pricing-and-global-talent-can-earn-through-subnet-tokens-twist/","medium":"podcast","note":"Programmable mining, Ridges subnet 62, dTAO staking, Crucible's startup lens; also where he confirmed leaving the foundation to focus on Crucible Labs per A Bittensor Journey; episode page not reached, quotes via Crypto Briefing."},{"date":"2026-06-02","title":"Proof of Talk 2026 fireside with Jacob Steeves","outlet":"Proof of Talk, Paris","url":"https://www.coindesk.com/tech/2026/06/02/bitcoin-s-compute-power-dwarfs-top-100-supercomputers-by-600-000x-says-bittensor-co-founder","medium":"talk","note":"Bitcoin hash rate versus supercomputers, subnets as markets; quotes via CoinDesk, no transcript."}],"coverage":{"searches_used":34,"fetches_used":60,"well_covered":["nakamoto (Towards Data Science 2022, Discord recordings)","dtao (CoinShares written Q&A, This Week in Startups via Crypto Briefing, CoinDesk, one X post)","media reached: podcast transcripts on PodScript, Built In op-ed, CoinShares Q&A, CoinDesk articles, Crypto Briefing, whitepaper, fxtwitter mirror of one X post"],"thin":["finney (one Discord session carries all of it)","revolution (one op-ed, one show-notes summary, one unverified Medium excerpt; nothing from 2024 in his own reachable words)","current (one talk via CoinDesk)","X posts generally (only one reached; direct x.com returns 402)","his own long-form writing (Medium blocked)"],"gaps":["Medium post New Beginnings: Enter the Crucible (2024-11-15) at https://medium.com/@shaabana/new-beginnings-enter-the-crucible-0a97f4e73545: 403 on medium.com, medium.com/p, scribe.rip, and archive.org is blocked for this tool; recorded one search-excerpt line as unverified.","Delphi Podcast 2023-11-21: no public transcript found; Tommy Shaughnessy's takes thread at https://x.com/Shaughnessy119/status/1727064243793740105 resolved only to the top post, so nothing verbatim from the episode.","Forbes 2025-04-25 interview: 403; one quote recorded from a search excerpt as probable.","Ala Shaabana's X timeline: x.com returns 402 and the syndication endpoint returned empty; the session's shared web search pool ran out before status ids for other posts (dTAO, foundation departure, OpenAI) could be found and mirrored.","This Week in Startups 2026-03-25 episode page and his statement about leaving the foundation: only Crypto Briefing's writeup and A Bittensor Journey's summary reached; no direct quote about the departure.","In Plaintext podcast 2023-12-19 (Nina Protocol): 429.","Proof of Talk 2025 panel video and Robert Scoble 2025-09 interview: video only, no transcript.","Opentensor Foundation Medium posts and Jacob Steeves raw file: not reached, so lineage notes cite only what was seen this session.","No Bittensor Guru, Bankless, Empire, Unchained, or Real Vision episode with Shaabana surfaced in search; Wired, Fortune, Decrypt, The Block, and Blockworks returned mentions but no direct quotes."],"unreachable":["https://medium.com/@shaabana/new-beginnings-enter-the-crucible-0a97f4e73545","https://medium.com/@shaabana","https://medium.com/p/0a97f4e73545","https://scribe.rip/@shaabana/new-beginnings-enter-the-crucible-0a97f4e73545","https://www.forbes.com/sites/torconstantino/2025/04/25/how-one-company-is-quietly-working-to-transform-ai-forever/","https://x.com/shibshib89/status/1998462836817695218 (402 direct; reached via api.fxtwitter.com)","https://x.com/Scobleizer/status/1971242794019864895","https://www.proofoftalk.io/speakers/ala-shaabana","https://www.ninaprotocol.com/releases/bittensor-and-decentralized-commodity-markets-with-ala-shaabana","https://threadreaderapp.com/thread/1998462836817695218.html","https://threadreaderapp.com/thread/1727064243793740105.html","https://www.chaincatcher.com/en/article/2159974","https://www.mexc.com/news/982182","https://syndication.twitter.com/srv/timeline-profile/screen-name/shibshib89","https://web.archive.org/ (blocked for this tool)"]},"themes":["decentralised intelligence","incentive design","subnets","governance","token economics","anti-OpenAI","permissionless entry","commodity markets","ownership","adoption","validator power","open source","censorship resistance","verification","decentralised training","infrastructure","timing","crypto AI","dTAO","investment","compute","macro"],"metaphors":["market","bitcoin","commodity","mining","wave","programmable mining","startups","mixture of experts","api","brain","bridge","city","compounding","libraries","missing piece","monolith","room of models","subsidy","tcp ip"]},{"id":"barry-silbert","name":"Barry Silbert","aka":["Barry"],"kind":"person","role":"Founder and CEO, Digital Currency Group; Founder and CEO, Yuma; Chairman, Grayscale","affiliation":"Digital Currency Group / Yuma","active_from":"2024","handles":{"x":"@BarrySilbert"},"subnets":[],"one_line":"Bitcoin-era investor who runs DCG, and since November 2024 has run Yuma, DCG's Bittensor subsidiary, casting Bittensor as the next Bitcoin and himself as back in the game.","glyph":"BS","url":"/narrative/barry-silbert/","statement_count":39,"confidence":{"verified":2,"probable":33,"unverified":4},"eras":["revolution","dtao","current"],"media":["article","blog","podcast","talk","x"],"first_date":"2024-08-07","last_date":"2026-07-26","framework":{"foundation.mission":{"summary":"Bittensor exists to open up the development of and access to AI: a permissionless network that incentivises intelligence to solve problems.","statements":["barry-silbert-024","barry-silbert-017"]},"foundation.vision":{"summary":"A move from digital ownership of assets to decentralised ownership of intelligence, a world wide web of intelligence, and possibly a better global store of value than Bitcoin.","statements":["barry-silbert-003","barry-silbert-026","barry-silbert-014"]},"foundation.values":{"summary":"Openness of development and access, set against closed systems.","statements":["barry-silbert-024"]},"problem.market":{"summary":"AI exposure is limited to a few big players, and closed providers are single points of failure.","statements":["barry-silbert-038","barry-silbert-018"]},"problem.institutional":{"summary":"The alternative is closed, centralised AI controlled by tech giants.","statements":["barry-silbert-034"]},"opportunity":{"summary":"The convergence of AI and crypto is the next investment era after Bitcoin, Ethereum, NFTs, L2s and DeFi; halvings, ETP filings and institutional custody are the tailwinds he cites.","statements":["barry-silbert-010","barry-silbert-013","barry-silbert-023","barry-silbert-032","barry-silbert-033"]},"audience":{"summary":"He speaks mostly to investors and institutions (Grayscale, BitGo, funds), to newcomers he points at community accounts, and to startups and enterprises he invites to launch subnets while avoiding the word blockchain.","statements":["barry-silbert-001","barry-silbert-004","barry-silbert-006","barry-silbert-007","barry-silbert-021","barry-silbert-029","barry-silbert-036","barry-silbert-038"]},"positioning.category":{"summary":"Bittensor is the next Bitcoin: the world wide web of AI or of intelligence, a decentralised intelligence network, and subnet tokens are an emerging asset class.","statements":["barry-silbert-005","barry-silbert-026","barry-silbert-014","barry-silbert-016","barry-silbert-029","barry-silbert-032"]},"positioning.differentiator":{"summary":"Of the decentralised AI projects DCG backed, Bittensor is the one that reached escape velocity.","statements":["barry-silbert-011"]},"positioning.reason":{"summary":"Same origin story and token economics as Bitcoin (whitepaper, code, 21 million, halvings), plus the best minds in crypto moving to it.","statements":["barry-silbert-016","barry-silbert-028","barry-silbert-015"]},"positioning.against":{"summary":"Against closed AI (OpenAI, Meta, tech giants), against worthless tokens, and against Bitcoiners who call TAO a scam.","statements":["barry-silbert-018","barry-silbert-034","barry-silbert-015","barry-silbert-009","barry-silbert-011"]},"value.functional":{"summary":"Access and exposure: institutional staking, subnet token funds, an ETP, and redundancy against API restrictions; subnet tokens as market validation.","statements":["barry-silbert-006","barry-silbert-021","barry-silbert-029","barry-silbert-035","barry-silbert-038","barry-silbert-018","barry-silbert-019"]},"value.emotional":{"summary":"The excitement of being early, the most excited he has been since Bitcoin, and the promise that it will be obvious in hindsight.","statements":["barry-silbert-002","barry-silbert-025","barry-silbert-030"]},"value.self_expressive":{"summary":"Buying TAO marks you as early to the next big thing.","statements":["barry-silbert-039"]},"messaging.h1":{"summary":"Bittensor is the next Bitcoin, the world wide web of intelligence, the thing he has been most excited about since Bitcoin.","statements":["barry-silbert-003","barry-silbert-005","barry-silbert-023","barry-silbert-025","barry-silbert-026","barry-silbert-032","barry-silbert-002"]},"messaging.proof":{"summary":"Grayscale products, BitGo custody and staking, Yuma hires and funds, subnet growth and value flowing into subnet tokens.","statements":["barry-silbert-001","barry-silbert-008","barry-silbert-011","barry-silbert-016","barry-silbert-021","barry-silbert-027","barry-silbert-028","barry-silbert-034","barry-silbert-035","barry-silbert-036","barry-silbert-037"]},"voice":{"summary":"Short, promotional X posts with $TAO cashtags and 'don't sleep' energy; blunt when attacked ('lazy attack. do better'); sports and comeback idioms in interviews.","statements":["barry-silbert-002","barry-silbert-004","barry-silbert-007","barry-silbert-012","barry-silbert-015","barry-silbert-009","barry-silbert-020","barry-silbert-022","barry-silbert-031","barry-silbert-039"]},"relationship":{"summary":"Investor since DCG's 2021 stake, then operator: CEO of Yuma, back in the game with his jersey on, chairman of the Grayscale vehicle, cheerleader for the community.","statements":["barry-silbert-001","barry-silbert-006","barry-silbert-012","barry-silbert-027","barry-silbert-031","barry-silbert-032","barry-silbert-033"]},"language.term":{"summary":"He says 'decentralized AI', 'deAI' and 'decentralized intelligence', calls subnet tokens an asset class and market validation, and avoids 'blockchain' because it scares people away.","statements":["barry-silbert-004","barry-silbert-005","barry-silbert-020","barry-silbert-035","barry-silbert-019"]}},"language":{"words_used":["decentralized AI","deAI","decentralized intelligence","subnet tokens","asset class","institutional","access","early days of Bitcoin","escape velocity","$TAO","next big thing","convergence of AI and crypto","world wide web of intelligence"],"words_avoided":["blockchain","scam"],"coinages":[{"term":"deAI","meaning":"his shorthand for decentralised AI as a sector","statement":"barry-silbert-020"},{"term":"world wide web of intelligence","meaning":"Bittensor as the open access layer for intelligence, as the web was for information","statement":"barry-silbert-026"},{"term":"subnet tokens as an emerging asset class","meaning":"alpha tokens framed as an investable category fueled by TAO","statement":"barry-silbert-029"},{"term":"market validation","meaning":"subnet token prices as a signal of the value each subnet provides","statement":"barry-silbert-035"}]},"genealogy":[{"era":"revolution","summary":"He surfaces in August 2024 as an investor cheering Grayscale's TAO trust [barry-silbert-001], teases that Bittensor will be obvious in hindsight [barry-silbert-002], then launches Yuma in November with the founding frame: early Bitcoin for money, Bittensor for the decentralised ownership of intelligence [barry-silbert-003], and Bittensor as the World Wide Web of AI [barry-silbert-005]. The pitch is deliberately de-cryptoed for enterprises [barry-silbert-004].","dominant_metaphor":"early bitcoin","shift":""},{"era":"dtao","summary":"The framing hardens into 'the next Bitcoin': same whitepaper-to-code origin and token economics [barry-silbert-016], the boldest call that it could be a better store of value than Bitcoin [barry-silbert-014], and the halving as a Bitcoin-2012 moment [barry-silbert-032]. The web metaphor is upgraded from 'of AI' to 'of intelligence' [barry-silbert-026]. With dynamic TAO his subject shifts from the network to subnet tokens as an asset class and market validation [barry-silbert-029, barry-silbert-035], and he starts naming the enemy: closed systems run by tech giants [barry-silbert-034], plus Bitcoiners who call TAO a scam [barry-silbert-009].","dominant_metaphor":"better bitcoin","shift":"From explaining what Bittensor is to arguing it is the next Bitcoin and packaging subnet tokens for institutions."},{"era":"current","summary":"Thin so far: the portfolio-allocation pitch that AI exposure should not be limited to a few big players [barry-silbert-038] and cheerleading for late-arriving converts [barry-silbert-039].","dominant_metaphor":"next big thing","shift":"Language turns toward allocation and access rather than origin-story comparison."}],"appearances":[{"date":"2025-04-17","title":"Barry Silbert is Back: The Next Big Crypto Bet","outlet":"Raoul Pal: The Journey Man (Real Vision)","url":"https://podcasts.apple.com/bh/podcast/barry-silbert-is-back-the-next-big-crypto-bet/id1581019716?i=1000703859808","medium":"podcast","note":"Recorded 9 April 2025; his Bitcoin origin story, DCG, then Bittensor and Yuma. YouTube id XoqdTfKQCjA. No public transcript reached; quotes taken from press write-ups."},{"date":"2025-04-30","title":"Barry Silbert on crypto's evolution and why Bittensor may be the next Bitcoin","outlet":"The Scoop (The Block), host Frank Chaparro","url":"https://www.theblock.co/post/352647/barry-silbert-on-cryptos-evolution-and-why-bittensor-may-be-the-next-bitcoin","medium":"podcast","note":"2008 crisis, Bitcoin's narrative, why Bittensor mirrors early Bitcoin, Yuma's playbook. YouTube id 3qIL4oCe1Uo. Page has chapters only, no transcript; no quotes extracted."},{"date":"2025-06-18","title":"Panel with David Lawee and Michael del Castillo","outlet":"Proof of Talk 2025, Paris","url":"https://crypto.news/barry-silbert-bittensor-and-ais-next-frontier-dominate-headlines-in-paris-at-proof-of-talk-2025/","medium":"talk","note":"Announced Yuma's asset management arm for subnet (alpha) token strategies. Coverage paraphrases only; no direct quotes."},{"date":"2025-06-26","title":"Crypto and AI Outlook with Tom Lee and Barry Silbert","outlet":"Fundstrat Direct","url":"https://fundstratdirect.com/event/crypto-ai-outlook-with-tom-lee-and-barry-silbert/","medium":"youtube","note":"Webinar on Bittensor and TAO with Tom Lee; YouTube id E0Wmq0emlTc. No transcript reached."},{"date":"2025-09-11","title":"Fortune Brainstorm Tech session","outlet":"Fortune Brainstorm Tech, Park City","url":"https://fortune.com/crypto/2025/09/11/barry-silbert-digital-currency-group-bittensor-yuma-fortune-brainstorm-tech","medium":"talk","note":"AI and crypto convergence, world wide web of intelligence. Quotes via Fortune's report."},{"date":"2025-10","title":"The Incentive Layer","outlet":"Yuma documentary","url":"https://www.yumaai.com/updates/bittensor-documentary-the-incentive-layer","medium":"youtube","note":"Documentary on Bittensor's incentive design featuring Silbert; page carries no quotes from him."},{"date":"2026-04","title":"The State of Bittensor presentation","outlet":"Yuma Group Summit","url":"https://x.com/BarrySilbert/status/2048755656254005254","medium":"talk","note":"Silbert presented on the state of Bittensor and later posted the deck on X; the presentation text was not reached."},{"date":"2026-05","title":"Speaker listing","outlet":"Milken Institute Global Conference 2026","url":"https://milkeninstitute.org/events/global-conference-2026/speakers/barry-silbert","medium":"talk","note":"Listed as speaker; session content not found."}],"coverage":{"searches_used":25,"fetches_used":55,"well_covered":["dtao era via press (Fortune, CoinDesk, The Block, crypto.news) and Yuma's own site","X post texts for 2024-08 to 2026-07 as indexed, all probable","the Bitcoin comparison and the world wide web metaphor, earliest and latest instances"],"thin":["current era (2026-06 onward): two statements, one unverified","podcast wording: no primary transcript reached for Real Vision, The Scoop, or Fundstrat","revolution era before November 2024: two short posts only","nothing from 2021 to mid-2024 despite DCG's 2021 investment; no public words found"],"gaps":["x.com direct pages returned 402, web.archive.org is blocked for this tool, threadreaderapp and xcancel were 403/451, so every X post rests on search-index text (probable) or a quoting article","Real Vision Journey Man episode (YouTube XoqdTfKQCjA): no transcript reached; Bitget/PANews transcript is a back-translation, recorded as unverified","The Scoop episode (YouTube 3qIL4oCe1Uo) and Fundstrat webinar (YouTube E0Wmq0emlTc): pages gave no transcript, no quotes extracted","State of Bittensor Vol. 2 preface on yumaai.com did not render; text taken from The Block","Benzinga and Sahm Capital June 2026 articles returned 403; the portfolio-allocation quote is unverified","Yuma Composite Index (Feb 2026) and Total Market Fund (Jun 2026) pages carry no Silbert quote; tradersunion coverage was 403","Search budget exhausted at session level before searching for pre-2024 statements and Consensus, CNBC, Bloomberg TV appearances"],"unreachable":["https://x.com/BarrySilbert/status/2000573434678612162","https://web.archive.org/web/2026/https://x.com/BarrySilbert/status/2000573434678612162","https://www.businesswire.com/news/home/20241120332472/en/DCG-Launches-Yuma-A-New-Subsidiary-Focused-on-Accelerating-Decentralized-Intelligence","https://www.silicon.co.uk/press-release/dcg-launches-yuma-a-new-subsidiary-focused-on-accelerating-decentralized-intelligence","https://dailyhodl.com/2025/04/20/billionaire-barry-silbert-says-this-is-the-next-big-investment-theme-for-crypto-assets/","https://beincrypto.com/bittensor-store-of-value-potential/","https://panews.io/articles/4vhx2ik6","https://threadreaderapp.com/thread/2000573434678612162.html","https://xcancel.com/BarrySilbert/status/2000573434678612162","https://deepnewz.com/markets/barry-silbert-highlights-bittensor-tao-early-adoption-subnet-summer-2025-dcg-7c0e0e8c","https://tradersunion.com/news/market-voices/show/1555636-yuma-index-bittensor-launch/","https://tradersunion.com/news/market-voices/show/336367-silbert-bittensor-fundstrat/","https://tradersunion.com/news/market-voices/show/1917388-subnet-tokens-bittensor-tao/","https://www.sahmcapital.com/news/content/bitcoin-og-barry-silbert-bets-big-on-decentralized-ai-exposure-through-this-2-billion-crypto-2026-06-26","https://www.benzinga.com/crypto/cryptocurrency/26/06/60120104/bitcoin-og-barry-silbert-bets-big-on-decentralized-ai-exposure-through-this-2-billion-crypto","https://www.mexc.com/news/124312","https://cryptorank.io/news/feed/00a7b-bitcoin-investor-barry-silbert-discusses-ai-and-crypto-convergence-highlights-bittensor-as-key-project"]},"themes":["institutional access","subnets","decentralised intelligence","token economics","early adoption","builder","ownership","enterprise adoption","investment theme","crypto cycles","permissionless entry","open access","value accrual","community","newcomers","agents","bitcoin maximalism","network effects","store of value","fair launch","incentive design","anti-OpenAI","censorship resistance","redundancy","dynamic tao","staking","ai and crypto convergence","talent migration","halving","regulation","anti-big-tech","concentration of ai"],"metaphors":["early bitcoin","wave","better bitcoin","rabbit hole","era","jersey","since bitcoin","world wide web","asset class","bitcoin 2012","chapter","escape velocity","hindsight","market validation","next big thing","utility currency"]},{"id":"mark-jeffrey","name":"Mark Jeffrey","aka":["Hash Rate","Hash Rate Podcast"],"kind":"person","role":"Host of the Hash Rate podcast; Partner, Stillcore Capital (a Bittensor fund); author of Bitcoin Explained Simply and The Case for Bitcoin; advisor to TAO Synergies","affiliation":"Stillcore Capital","active_from":"2024","handles":{"x":"@markjeffrey","youtube":"@markjeffrey (Hash Rate Podcast)","linkedin":"markjeffrey","stillcore_x":"@stillcorecap"},"subnets":[],"one_line":"Serial entrepreneur and early Bitcoin author who turned his Hash Rate podcast into the most followed weekly show on Bittensor subnets, then co-founded Stillcore Capital to invest in TAO and subnet tokens, explaining the network to newcomers through Bitcoin analogies and a contest-capitalism frame.","glyph":"MJ","url":"/narrative/mark-jeffrey/","statement_count":35,"confidence":{"verified":31,"probable":4,"unverified":0},"eras":["revolution","dtao","current"],"media":["article","other","podcast","x","youtube"],"first_date":"2024-03-08","last_date":"2026-09-08","framework":{"foundation.mission":{"summary":"Bittensor takes Bitcoin's mining contest and makes it programmable: a chain pays the best freelancers in the world to complete useful tasks, adding an ownership layer and aligned incentives to open work.","statements":["mark-jeffrey-012","mark-jeffrey-013","mark-jeffrey-027"]},"foundation.vision":{"summary":"Companies and departments get atomised and reassembled as open source startups anyone can join or invest in, with an explosion of subnets once the cap lifts.","statements":["mark-jeffrey-027","mark-jeffrey-028","mark-jeffrey-020"]},"foundation.values":{"summary":"Merciless, continuous competition: no dead weight, no resting on past wins, the weakest culled daily by a chain that is generous and savage at once; governance defects are to be fixed by building, not by walking away.","statements":["mark-jeffrey-017","mark-jeffrey-018","mark-jeffrey-024","mark-jeffrey-032"]},"problem.cultural":{"summary":"Closed, large, centralised systems lose to open ones throughout computing history; you cannot fight the whole world.","statements":["mark-jeffrey-019"]},"problem.market":{"summary":"AI commodities are hard to monetise, Bittensor's wallets were unusable for years so no new money entered, and no subnet has yet crossed the chasm into breakout revenue.","statements":["mark-jeffrey-008","mark-jeffrey-021","mark-jeffrey-026"]},"problem.institutional":{"summary":"The 2024 wallet hack, a liquidity aristocracy under early dTAO, and the Covenant founder's exit are the institutional stresses he names, each answered by the network's response rather than by doubt in the design.","statements":["mark-jeffrey-002","mark-jeffrey-024","mark-jeffrey-031","mark-jeffrey-032"]},"opportunity":{"summary":"The first halving, consumer wallets arriving in December 2025, an expected $1B subnet that would pull attention and TAO demand the way ICOs pulled ETH, and public-market vehicles now offering exposure.","statements":["mark-jeffrey-022","mark-jeffrey-023","mark-jeffrey-021","mark-jeffrey-010","mark-jeffrey-034","mark-jeffrey-035"]},"audience":{"summary":"Newcomers who find the network hard to grasp, and investors and holders told to keep score in TAO and accumulate it as if it were 2013 Bitcoin; subnet builders are addressed through weekly Hash Rate interviews.","statements":["mark-jeffrey-011","mark-jeffrey-012","mark-jeffrey-033","mark-jeffrey-034","mark-jeffrey-015","mark-jeffrey-003"]},"positioning.category":{"summary":"A Bitcoin-like asset and the possible third great coin; the Linux and the actual OpenAI of AI; an S&P 500 ETF of AI startups; above all the most ferocious form of capitalism yet invented.","statements":["mark-jeffrey-001","mark-jeffrey-006","mark-jeffrey-004","mark-jeffrey-016","mark-jeffrey-018","mark-jeffrey-030"]},"positioning.differentiator":{"summary":"Proof of useful work instead of gumball guessing, subnet tokens that are rehypothecated TAO so value flows back to the base asset, and a fair launch that cannot be repeated.","statements":["mark-jeffrey-014","mark-jeffrey-015","mark-jeffrey-025","mark-jeffrey-013"]},"positioning.reason":{"summary":"Bitcoin already proved the contest model at $2.5 trillion scale; open beats closed in every prior era; the halving and the subnet ICO phase give a reason to expect repricing.","statements":["mark-jeffrey-013","mark-jeffrey-019","mark-jeffrey-023","mark-jeffrey-022","mark-jeffrey-007"]},"positioning.against":{"summary":"OpenAI and centralised AI giants, Scale AI, VC-funded startups, and the Covenant founder whose exit he treats as a cash grab rather than a principled critique.","statements":["mark-jeffrey-001","mark-jeffrey-004","mark-jeffrey-005","mark-jeffrey-030","mark-jeffrey-031","mark-jeffrey-032"]},"value.functional":{"summary":"Cheaper AI products built faster by self-recruiting global miners, subnet tokens backed by staked TAO, and a first $100M subnet nine weeks after dTAO.","statements":["mark-jeffrey-020","mark-jeffrey-009","mark-jeffrey-015","mark-jeffrey-033"]},"value.emotional":{"summary":"He points to the unique community and heart of the network as its felt appeal.","statements":["mark-jeffrey-003"]},"value.self_expressive":{"summary":"Joining means competing rather than taking a job, and he models it by running his own autonomous vibe-miner and reporting its failures.","statements":["mark-jeffrey-029","mark-jeffrey-030"]},"messaging.h1":{"summary":"Bittensor makes mining programmable and is the most ferocious form of capitalism yet invented; TAO today is where Bitcoin was in 2013, so accumulate it.","statements":["mark-jeffrey-013","mark-jeffrey-018","mark-jeffrey-033","mark-jeffrey-034","mark-jeffrey-004"]},"messaging.proof":{"summary":"Price moves (up 130% in a month), the first $100M subnet, subnets beating incumbents on cost, and Bitcoin's own halving history.","statements":["mark-jeffrey-007","mark-jeffrey-009","mark-jeffrey-023","mark-jeffrey-002"]},"voice":{"summary":"Enthusiast's capitals and exclamation marks in show notes, vivid violent metaphors in long form, and candid admissions of what does not yet work.","statements":["mark-jeffrey-001","mark-jeffrey-017","mark-jeffrey-026","mark-jeffrey-029","mark-jeffrey-010"]},"relationship":{"summary":"Podcast host turned fund partner and public-company advisor who says he is betting on the network, and who also mines it with his own agent.","statements":["mark-jeffrey-028","mark-jeffrey-029","mark-jeffrey-034","mark-jeffrey-031"]},"language.term":{"summary":"He adopts Dynamic Tao and dTAO early as a marketplace for subnet rewards, coins TAO keiretsu and liquidity aristocracy, relays Proof of Useful Work, and rejects Open Economy and Incentivism in favour of ferocious capitalism.","statements":["mark-jeffrey-003","mark-jeffrey-008","mark-jeffrey-014","mark-jeffrey-016","mark-jeffrey-018","mark-jeffrey-024","mark-jeffrey-030","mark-jeffrey-035"]}},"language":{"words_used":["contest","mining","freelancers","subnet tokens","alpha tokens","rehypothecated","Dynamic Tao","dTAO","TAO Flow","halving","Proof of Useful Work","ownership layer","incentive layer","Incentivism","capitalism","breakout","blue-chip subnets","coin of the realm","keiretsu","vibe-miner","human alpha"],"words_avoided":["decentralised machine intelligence","Yuma consensus","validators (rarely foregrounded)","commodity markets (as a category name)"],"coinages":[{"term":"TAO keiretsu","meaning":"Subnets as separate firms united and aligned by the base token","statement":"mark-jeffrey-016"},{"term":"liquidity aristocracy","meaning":"Early high-market-cap subnets that could rest on inertia before TAO Flow","statement":"mark-jeffrey-024"},{"term":"the most ferocious form of capitalism","meaning":"His preferred label for Bittensor's continuous contest economy, offered instead of Open Economy or Incentivism","statement":"mark-jeffrey-018"},{"term":"contestonomics","meaning":"Economics of paying only the winners of open contests","statement":"mark-jeffrey-030"},{"term":"subnet stacking","meaning":"Subnets using other subnets for inference or storage so cost savings compound (in the State of TAO report)","statement":"mark-jeffrey-020"},{"term":"vibe-miner","meaning":"An autonomous agent that mines subnets and pays for its own hosting in TAO","statement":"mark-jeffrey-029"}]},"genealogy":[{"era":"revolution","summary":"He arrives as a podcaster and evangelist, framing TAO as a Bitcoin-like asset that could reach a trillion and as the Linux or actual OpenAI of the space [mark-jeffrey-001] [mark-jeffrey-004], relaying the third great coin idea from a guest [mark-jeffrey-006] and previewing Dynamic Tao as a marketplace for subnet rewards before it shipped [mark-jeffrey-008]. The register is show notes and headlines rather than argument.","dominant_metaphor":"bitcoin-like asset","shift":""},{"era":"dtao","summary":"As a Stillcore partner he writes the long-form State of TAO, replacing headline analogies with a worked model: freelancer contests, programmable mining, subnets as AI startups tracked by TAO like an S&P ETF, and the most ferocious form of capitalism [mark-jeffrey-012] [mark-jeffrey-016] [mark-jeffrey-018]. He criticises the wallets and the lack of a breakout subnet [mark-jeffrey-021] [mark-jeffrey-026], and during the Covenant exit concedes governance defects while defending the network and Const [mark-jeffrey-032]. Accumulate TAO like 2013 Bitcoin becomes the investor line [mark-jeffrey-033].","dominant_metaphor":"ferocious capitalism","shift":"From evangelist headlines to an investor's model with named risks; the Bitcoin comparison moves from price analogy to mechanism analogy."},{"era":"current","summary":"Now an advisor to a public TAO holding company, he compresses the thesis to Bittensor is where Bitcoin was in 2013, early, misunderstood, and inevitable [mark-jeffrey-034], while Hash Rate turns to bridges, TAO as a reserve currency, and subnet tokens reaching other chains [mark-jeffrey-035].","dominant_metaphor":"btc in 2013","shift":"The audience widens to public-market investors; the 2013 Bitcoin frame becomes the single repeated sentence."}],"appearances":[{"date":"2025-04-03","title":"Mark Jeffrey: Bittensor, Crypto Investments, AI Innovation, Subnet Tokens, Market Trends | Ep. 35","outlet":"Ventura Labs","url":"https://www.youtube.com/watch?v=tpSAGrMlOP8","medium":"youtube","note":"Guest interview on subnet token economics, doxing, tooling and niche markets; auto captions exist but the transcript panel could not be read in this session."},{"date":"2025-04-30","title":"Bittensor's Rise, Meta's Llama Goes Cloud, & AI Now Writes Your Code | E2119","outlet":"This Week in Startups","url":"https://x.com/twistartups/status/1917905077995733008","medium":"podcast","note":"Guest segment explaining Bittensor to Jason Calacanis; the show's own summary calls it Bitcoin for AI and repeats his gumball framing; episode page returned 404 and no transcript was reached."},{"date":"2025-08-20","title":"Talking TAO: with Mark Jeffrey","outlet":"Revenue Search: Inside Bittensor","url":"https://www.ivoox.com/en/talking-tao-with-mark-jeffrey-audios-mp3_rf_155923846_1.html","medium":"podcast","note":"On subnet buybacks, dev roadmaps, comms and catalysts that could reprice Bittensor from niche protocol to mainstream AI infrastructure; no transcript."},{"date":"2025-09-24","title":"Mark Jeffrey & Rob Greer: Stillcore Capital, Bittensor, AI & Crypto, Investment Strategies | Ep. 62","outlet":"Ventura Labs","url":"https://www.youtube.com/watch?v=1LEjvO0fJdo","medium":"youtube","note":"Fund thesis, target of 1% of TAO liquid supply, blue-chip subnets, halving, and a chapter titled Could TAO flip Bitcoin?; auto captions exist but were not readable here."},{"date":"2025-10-02","title":"Subnet Magazine Interviews Stillcore Capital's Mark Jeffrey","outlet":"Subnet Magazine on X","url":"https://x.com/subnetmagazine/status/1973900655866605892","medium":"x","note":"Interview about the fund and his subnet track record; the post now returns 404 and the magazine domain did not resolve."},{"date":"2026-03-21","title":"The Greatest Bittensor Explanation of ALL TIME (feat. Mark Jeffrey)","outlet":"JM Crypto","url":"https://www.youtube.com/watch?v=pnL9yk4Jf0A","medium":"youtube","note":"Chapters include Why is Bittensor so much cheaper than big AI, TAO as an index fund for AI, Mining Bittensor with an AI agent (OpenClaw), and TAO price projections for 2026; auto captions exist but were not readable here."},{"date":"2026-04-13","title":"Bittensor's (alleged) $10M rug pull (feat. Mark Jeffrey) | E2275","outlet":"This Week in Startups","url":"https://www.youtube.com/watch?v=sdhuUZbx5Sk","medium":"youtube","note":"Breaks down the Covenant/Templar exit; chapters include Do subnet owners have too much power? and How Sam Dare should've handled walking away (per Mark Jeffrey); no readable transcript."},{"date":"2026-06-24","title":"046 | Mark Jeffrey: Why Stillcore Capital Is Betting on Bittensor TAO","outlet":"Gordon Frayne (YouTube livestream)","url":"https://www.youtube.com/watch?v=a643u47sQvo","medium":"youtube","note":"Host's description states the Stillcore thesis that decentralized AI today is where decentralized finance was a decade ago; no readable transcript."}],"coverage":{"searches_used":27,"fetches_used":35,"well_covered":["dtao era via his own X posts and the full State of TAO report (X Article plus Stillcore PDF)","revolution era show notes on X and Spotify for Hash Rate episodes 46 to 76 (Mar to Oct 2024)","current era press release quote and September 2026 YouTube show notes"],"thin":["current era (three statements, two of them show notes)","spoken quotes from any podcast or video: none captured verbatim","finney and nakamoto eras: nothing found; his earliest dated Bittensor item reached is March 2024"],"gaps":["YouTube auto-captions exist for JM Crypto (pnL9yk4Jf0A), TWiST E2275 (sdhuUZbx5Sk), Ventura Labs (tpSAGrMlOP8, 1LEjvO0fJdo) and Gordon Frayne (a643u47sQvo) but the timedtext endpoint returned empty and the transcript panel never populated in the browser, so no spoken metaphors (index fund for AI, could TAO flip Bitcoin) are quoted","Hash Rate claims to have found $TAO early, but no 2023 post or episode was reached; his X timeline search requires login and the web search budget for the session ran out before older posts could be located","Subnet Magazine interview (2025-10-02) returns 404 on X and the magazine domain does not resolve","This Week in Startups episode pages (E2119 of 2025-04-30 and the 2026-03-06 episode with Ala Shaabana) were not reached; only the show's X summary was read","The Stillcore Covenant article is signed by the fund; whether Mark Jeffrey or Rob Greer wrote it is not stated, so it is marked probable","The Oct 7, 2024 Third Great Coin post was read only through a Binance Square embed and its direct X URL was not found","Browser page loads (about 45) are not counted in fetches_used; WebFetch calls are"],"unreachable":["https://x.com/markjeffrey/status/2048465932964761799 (WebFetch 402; read via browser instead)","https://web.archive.org/web/2026/https://x.com/markjeffrey/status/2048465932964761799 (archive.org blocked for this tool)","https://www.youtube.com/c/MarkJeffrey/about (page body not returned)","https://podtail.com/en/podcast/hash-rate/ (403)","https://www.linkedin.com/in/markjeffrey/ (999)","https://thisweekinstartups.com/episodes/E5snSk87PIs (404)","https://x.com/subnetmagazine/status/1973900655866605892 (404)","https://www.subnetmagazine.com/ (DNS failure)","https://www.citybiz.co/article/871598/tao-synergies-appoints-bittensor-investor-mark-jeffrey-as-advisor/ (403)","https://music.amazon.in/podcasts/ea1344bf-5b9f-465f-8112-a33849fc5799/hash-rate (empty body)","https://youtubetotranscript.com/transcript?v=pnL9yk4Jf0A (403)","https://x.com/search?q=from%3Amarkjeffrey%20bittensor&f=live (login wall)"]},"themes":["incentive design","token economics","subnet tokens","governance","dynamic tao","open source","proof of work","capitalism","permissionless entry","adoption","decentralised intelligence","bitcoin lineage","decentralisation","anti-OpenAI","value accrual","emissions","ownership","security","mainstream attention","community","anti-incumbent","staking","commodity markets","monetisation","cost","ecosystem media","boom cycle","explaining bittensor","newcomers","proof of useful work","competition","history of computing","usability","wallets","halving","price","fair launch","moat","revenue","risk","investment thesis","agents","mining","human alpha","anti-VC","key man risk","validator power","accumulation","unit of account","public markets","reserve currency","interoperability"],"metaphors":["marketplace","early bitcoin","supercomputer","explosion","linux","programmable mining","ferocious capitalism","btc in 2013","actual openai","ai startups","atomization","bazaar vs cathedral","bitcoin economics","bitcoin mining","bitcoin-like asset","coin of the realm","crossing the chasm","darwinian","freelancer contest","gladiatorial","gumballs","hunger games","ico phase","keiretsu","liquidity aristocracy","moat","new techcrunch","open source startups","pays for its own life","product creation engine","reserve currency","satoshi counterfactual","savage chain","sp500 etf","theatre","third great coin","y combinator"]},{"id":"sami-kassab","name":"Sami Kassab","aka":["Old Samster","@Old_Samster"],"kind":"person","role":"Managing Partner, Unsupervised Capital (Bittensor-only liquid token fund, from April 2025); previously Enterprise Research Analyst at Messari, where he coined DePIN","affiliation":"Unsupervised Capital; formerly Messari","active_from":"2023","handles":{"x":"@Old_Samster","site":"unsupervised.capital"},"subnets":[],"one_line":"The Bittensor analyst: a former Messari researcher who wrote the December 2023 Discovering Taoism report, then in April 2025 launched Unsupervised Capital, a fund dedicated to Bittensor, and now publishes the most consistent investor-side framing of dTAO and subnets.","glyph":"SK","url":"/narrative/sami-kassab/","statement_count":25,"confidence":{"verified":24,"probable":1,"unverified":0},"eras":["revolution","dtao","current"],"media":["article","blog","x"],"first_date":"2023-12-13","last_date":"2026-08-18","framework":{"foundation.mission":{"summary":"Bittensor continuously rewards better machine learning models across targeted use cases; by 2026 he generalises this to any problem whose solution can be verified.","statements":["sami-kassab-002","sami-kassab-019"]},"foundation.vision":{"summary":"Decentralised AI as the largest crypto movement since Bitcoin, with Bittensor as the mirror for AI the way Bitcoin is for money.","statements":["sami-kassab-024","sami-kassab-005"]},"foundation.values":{"summary":"Fair launch and useful work: nothing pre-mined, everything earned; and, from mid 2026, founder-led decisiveness over slow democratic consensus.","statements":["sami-kassab-022","sami-kassab-021"]},"problem.market":{"summary":"The pitch is too complex for newcomers, and inside the network emission allocation, validator productivity and builder complexity still need fixing.","statements":["sami-kassab-017","sami-kassab-022"]},"problem.institutional":{"summary":"Without fast, unpopular changes pushed by the founder, the protocol's needed redesign would stall in consensus.","statements":["sami-kassab-021"]},"opportunity":{"summary":"dTAO as a watershed that lets capital allocate with precision, the first halving as programmatic monetary policy proven by Bitcoin, emission buybacks, and an S-curve inflection in attention and capital.","statements":["sami-kassab-007","sami-kassab-015","sami-kassab-018","sami-kassab-023"]},"audience":{"summary":"He speaks to LPs and investors who misvalue subnet tokens, to miners for whom mining is becoming a prompt engineering game, and to subnet founders whom he tells to raise equity.","statements":["sami-kassab-009","sami-kassab-011","sami-kassab-012","sami-kassab-016","sami-kassab-018","sami-kassab-025","sami-kassab-001"]},"positioning.category":{"summary":"Bittensor is the definitive implementation of cryptoeconomic protocols for AI, an internet capital market whose protocol acts as venture capitalist, and each subnet is an economic verification system or, at its core, a liquidity pool.","statements":["sami-kassab-003","sami-kassab-011","sami-kassab-013","sami-kassab-019","sami-kassab-023","sami-kassab-005"]},"positioning.differentiator":{"summary":"Ownership and competitive arenas; fairly launched tokens on Bitcoin-like schedules that are a structurally different asset class; the only platform that extracts cooperation from competition among agents.","statements":["sami-kassab-008","sami-kassab-012","sami-kassab-020"]},"positioning.reason":{"summary":"Grassroots vision and execution unseen since early Bitcoin and Ethereum, and Bitcoin's own halving history as the reason to trust programmatic emissions.","statements":["sami-kassab-004","sami-kassab-015"]},"positioning.against":{"summary":"Against centralised labs with exponentially more resources, against last-cycle VC token valuation habits, and against the crypto orthodoxy that tokens and equity cannot coexist.","statements":["sami-kassab-006","sami-kassab-012","sami-kassab-014","sami-kassab-025","sami-kassab-021"]},"value.functional":{"summary":"Subnet tokens with staking yield and tightening liquidity, and a protocol that now buys the tokens of its own leaders.","statements":["sami-kassab-016","sami-kassab-023"]},"value.emotional":{"summary":"Clarity and unshakable conviction at a moment when conviction is scarce, held through drama and late-night upgrades.","statements":["sami-kassab-010","sami-kassab-004","sami-kassab-022"]},"value.self_expressive":{"summary":"Contributors become owners with skin in the game, competing in a global arena.","statements":["sami-kassab-008"]},"messaging.h1":{"summary":"The most significant application of crypto since Bitcoin, restated in 2026 as decentralised AI being the largest crypto movement since Bitcoin and Bittensor as the mirror for AI.","statements":["sami-kassab-005","sami-kassab-003","sami-kassab-020","sami-kassab-024"]},"messaging.proof":{"summary":"Subnet outputs surpassing centralised organisations, with Ridges beating a frontier lab on SWE-bench at a fraction of the cost as the flagship case.","statements":["sami-kassab-006","sami-kassab-014"]},"relationship":{"summary":"Analyst turned dedicated investor: a Messari researcher down the rabbit hole in 2023, a fund manager denominated in TAO from 2025, and by 2026 an operator and one of the largest TAO holders who stays convicted.","statements":["sami-kassab-001","sami-kassab-009","sami-kassab-010","sami-kassab-022","sami-kassab-024","sami-kassab-025"]},"language.term":{"summary":"He names the protocol the ecosystem's venture capitalist, a subnet an economic verification system and a liquidity pool, and frames the whole as an internet capital market.","statements":["sami-kassab-013","sami-kassab-016","sami-kassab-019"]},"voice":{"summary":"Investor-letter prose: calm, numerical, self-disclosing about complexity and conviction.","statements":["sami-kassab-001","sami-kassab-017"]}},"language":{"words_used":["cryptoeconomic","subnet token","emissions","FDV","liquidity pool","objective function","incentive mechanism","fair launch","programmatic monetary policy","liquid venture","internet capital market","conviction"],"words_avoided":["digital hive mind","Bitcoin of AI","commodity","Yuma consensus"],"coinages":[{"term":"the ecosystem's venture capitalist","meaning":"The protocol, because it allocates newly minted TAO to subnets in proportion to their token value.","statement":"sami-kassab-013"},{"term":"economic verification system","meaning":"What a subnet is: an objective function turned into an incentive mechanism that defines the rules of competition.","statement":"sami-kassab-019"},{"term":"the mirror for AI","meaning":"Bittensor absorbs and reflects whatever AI narrative emerges, as Bitcoin does for money.","statement":"sami-kassab-024"},{"term":"cooperation out of competition","meaning":"His description of what subnet incentives extract from agents competing on one objective.","statement":"sami-kassab-020"}]},"genealogy":[{"era":"revolution","summary":"As a Messari analyst in December 2023 he presents Bittensor as a complex, misunderstood rabbit hole and defines it functionally as a network that continuously rewards better ML models across targeted use cases [sami-kassab-001, sami-kassab-002].","dominant_metaphor":"rabbit hole","shift":""},{"era":"dtao","summary":"With the fund launch in April 2025 the register turns to conviction and lineage: the definitive implementation of cryptoeconomic protocols for AI, the most significant application of crypto since Bitcoin [sami-kassab-003, sami-kassab-005, sami-kassab-010]. Through 2025 he builds an investor vocabulary for dTAO, subnets as startups, the protocol as venture capitalist, subnets as liquidity pools, and Bitcoin's halving lore as reassurance [sami-kassab-011, sami-kassab-013, sami-kassab-015, sami-kassab-016], while admitting the pitch is too complex [sami-kassab-017]. By 2026 the frame is generalised: a subnet is an economic verification system and the only substrate where agents cooperate [sami-kassab-019, sami-kassab-020].","dominant_metaphor":"venture capitalist","shift":"From analyst describing a mechanism to investor supplying category, lineage and valuation frames."},{"era":"current","summary":"From June 2026 he defends founder-led change over slow consensus and lists what still needs redesign, while declaring he stays convicted [sami-kassab-021, sami-kassab-022]. He reads the emission buyback change as Bittensor becoming a VC on its own network [sami-kassab-023], restates the Bitcoin line as decentralised AI being the largest crypto movement since Bitcoin and adds the mirror for AI [sami-kassab-024], and tells subnet founders to raise equity [sami-kassab-025].","dominant_metaphor":"mirror","shift":"Governance enters the framing for the first time, and the audience widens from investors to builders."}],"appearances":[{"date":"2023-12-13","title":"Discovering Taoism: A Journey into Bittensor","outlet":"Messari","url":"https://messari.io/report/discovering-taoism-a-journey-into-bittensor","medium":"article","note":"His Messari research report; the page rate-limited three times so only the card summary was read."},{"date":"2024","title":"Is Bittensor the Future of Crypto x AI? | Sami Kassab","outlet":"YouTube","url":"https://www.youtube.com/watch?v=CYDtzGgZIgk","medium":"youtube","note":"Interview on the Bittensor thesis; the YouTube page rendered no description or transcript."},{"date":"2025","title":"Speaker: Sami Kassab, Managing Partner, Unsupervised Capital","outlet":"Proof of Talk Summit","url":"https://www.proofoftalk.io/speakers/sami-kassab","medium":"talk","note":"Speaker listing with bio naming him as the coiner of DePIN at Messari; page returned 404 on fetch."},{"date":"2025-05-08","title":"Announcing Unsupervised Capital: A Liquid Fund Dedicated to Bittensor","outlet":"Crucible Labs","url":"https://cruciblelabs.com/announcing-unsupervised-capital-a-liquid-fund-dedicated-to-bittensor/","medium":"blog","note":"Crucible's repost of his fund announcement with the same quotes; includes the line that aligned incentives and open competition produce superior outcomes."}],"coverage":{"searches_used":14,"fetches_used":67,"well_covered":["dtao era, April 2025 to May 2026, from his own fund writing","current era, June to August 2026, from investor letters and notes"],"thin":["revolution era: only one X post and the Messari report card line","no podcast or talk transcripts","no 2024 statements at all"],"gaps":["Search and fetch counts are for the three-narrator group as a whole; the session search budget ran out after 14 searches.","https://messari.io/report/discovering-taoism-a-journey-into-bittensor returned 429 three times, so the 2023 report body is unread; only its first line, carried on the X card, is recorded as probable.","https://www.unsupervised.capital/writing/the-investment-case-for-bittensor is a landing page linking to a PDF report that was not fetched.","No 2024 statements: his X timeline between the Messari report and the fund launch could not be enumerated without search budget or X access.","The YouTube interview and the Proof of Talk speaker page did not render, so no spoken statements are recorded."],"unreachable":["https://messari.io/report/discovering-taoism-a-journey-into-bittensor","https://www.youtube.com/watch?v=CYDtzGgZIgk","https://www.proofoftalk.io/speakers/sami-kassab","https://threadreaderapp.com/thread/1734977722424938993.html","https://xcancel.com/Old_Samster/status/1734977722424938993","https://r.jina.ai/https://x.com/Old_Samster/status/1978113835950096769"]},"themes":["Bitcoin comparison","incentive design","token economics","subnet tokens","emissions","complexity","decentralised intelligence","anti-centralised AI","dTAO","competition","investing","conviction","fair launch","capital formation","halving","governance","founder leadership","research","model discovery","cryptoeconomics","grassroots","subnet output","ownership","TAO denomination","capital markets","internet capital markets","open competition","AI coding","liquidity","messaging","TAO as index","mining","adoption","verification","optimisation","agents","coordination","change","validator power","buybacks","narrative","equity","builders"],"metaphors":["bitcoin","tournament","arena","rabbit hole","startups","venture capitalist","game","mirror","optimization problem","s-curve","stress test","substrate","watershed"]},{"id":"teng-yan","name":"Teng Yan","aka":["Teng Yan Yau","@tengyanAI","@0xPrismatic"],"kind":"person","role":"Founder, Chain of Thought (independent Crypto x AI research house); author of the Teng's Thoughts Substack; formerly Head of Consumer Research, Delphi Digital","affiliation":"Chain of Thought; formerly Delphi Digital","active_from":"2024","handles":{"x":"@tengyanAI","x_former":"@0xPrismatic","x_org":"@cot_research","site":"chainofthought.xyz","substack":"tengsthoughts.com"},"subnets":[],"one_line":"The independent analyst who has written on Bittensor most consistently from outside it: a 2024 essay asking whether it is flawed, a widely shared 2025 guide to dynamic TAO, and a 2025 subnet thesis, all with positions disclosed and criticism kept in.","glyph":"TY","url":"/narrative/teng-yan/","statement_count":23,"confidence":{"verified":22,"probable":1,"unverified":0},"eras":["revolution","dtao"],"media":["blog","x"],"first_date":"2024-06-05","last_date":"2025-09-17","framework":{"positioning.category":{"summary":"A decentralised incentive network for AI models, explained as horse racing; later the most important Crypto AI protocol, while he reports rather than adopts the Bitcoin-of-AI and internet-of-AI frames.","statements":["teng-yan-001","teng-yan-015","teng-yan-020","teng-yan-023"]},"positioning.differentiator":{"summary":"The OG that launched before Crypto x AI existed, the project most aligned with fair launch and open participation, and after dTAO the one where the market rather than validators allocates emissions.","statements":["teng-yan-007","teng-yan-016","teng-yan-017","teng-yan-011","teng-yan-019"]},"positioning.reason":{"summary":"It was built when no one cared, which he reads as authenticity.","statements":["teng-yan-016"]},"positioning.against":{"summary":"In 2024 he set Bittensor against open-source models like Llama 3 and against its own root-validator voting, which he likened to Apple shareholders choosing products.","statements":["teng-yan-002","teng-yan-003"]},"problem.market":{"summary":"Horizontal competition across unlike subnets breaks the economics, emissions cost over a billion dollars a year, the code is not open, inflation is steep, and alpha tokens invite manipulation and leverage in both directions.","statements":["teng-yan-002","teng-yan-004","teng-yan-005","teng-yan-009","teng-yan-013","teng-yan-019","teng-yan-021","teng-yan-007"]},"problem.institutional":{"summary":"If it does not address its challenges it joins the graveyard of speculative hype.","statements":["teng-yan-006"]},"foundation.values":{"summary":"He holds it to transparency and open source, and credits it with fair launch, open participation and live incentives.","statements":["teng-yan-005","teng-yan-017"]},"opportunity":{"summary":"dTAO as the turning point that ties rewards to measurable performance and starts a multi-year renaissance, on top of quiet 2024 gains in subnets and EVM.","statements":["teng-yan-010","teng-yan-014","teng-yan-008"]},"audience":{"summary":"Newcomers who need the mechanism explained without formulas, and investors told that understanding subnets beats timing the buy and that leverage cuts both ways.","statements":["teng-yan-001","teng-yan-011","teng-yan-012","teng-yan-021","teng-yan-022"]},"value.functional":{"summary":"Rewards flow to measurable performance; a subnet is a swarm where weak models vanish and strong ones rise.","statements":["teng-yan-010","teng-yan-023"]},"value.emotional":{"summary":"Intrigue at an experiment, tempered by warning.","statements":["teng-yan-006"]},"value.self_expressive":{"summary":"Belonging to something he calls a cult with real conviction.","statements":["teng-yan-018"]},"messaging.h1":{"summary":"This changes everything, pay attention: dTAO forces attention onto what each subnet builds, and Bittensor is the most compelling place to watch Crypto x AI unfold.","statements":["teng-yan-014","teng-yan-015","teng-yan-022"]},"messaging.proof":{"summary":"In 2024 the proof cut against Bittensor: no subnet exceeded open-source models against a billion-dollar emission bill; by 2025 he cites subnets beating Web2 on inference speed.","statements":["teng-yan-003","teng-yan-004","teng-yan-008"]},"relationship":{"summary":"An outside researcher who moved from asking whether it is flawed to holding TAO and alpha tokens, disclosed at the end of the dTAO guide.","statements":["teng-yan-006","teng-yan-014"]},"language.term":{"summary":"He corrects the words: buying a subnet token is staking TAO into a pool, and Bitcoin of AI and internet of AI are what others call it.","statements":["teng-yan-012","teng-yan-020"]},"voice":{"summary":"Plain, punchy and irreverent: the OG in the room, it's a cult, this changes everything.","statements":["teng-yan-007","teng-yan-018","teng-yan-015"]}},"language":{"words_used":["subnet","Alpha","emissions","validator","root","AMM","leverage","inflation","fair launch","Crypto x AI","renaissance"],"words_avoided":["digital commodity","Yuma consensus","market for intelligence"],"coinages":[{"term":"horse racing for AI models","meaning":"His newcomer explanation of miners competing and the best model taking the rewards.","statement":"teng-yan-001"},{"term":"Bittensor renaissance","meaning":"The multi-year period he expects dTAO to open, with attention on what subnets build.","statement":"teng-yan-014"},{"term":"the OG in the room","meaning":"Bittensor's seniority among crypto AI projects.","statement":"teng-yan-007"}]},"genealogy":[{"era":"revolution","summary":"In 2024 he explains Bittensor as horse racing for models and then argues the economics fall apart when unlike subnets compete for validator votes, the code is not open, and a billion dollars a year buys nothing better than open-source models [teng-yan-001, teng-yan-002, teng-yan-004, teng-yan-005, teng-yan-003]. He calls it an intriguing experiment that risks the graveyard of hype [teng-yan-006]. By January 2025 the tone softens: the OG in the room has quietly made leaps and dTAO could be the turning point [teng-yan-007, teng-yan-008, teng-yan-010].","dominant_metaphor":"horse racing","shift":""},{"era":"dtao","summary":"After the February 2025 upgrade he becomes its explainer: power shifting from validators to the open market, Uniswap-style pools, buying is staking, a renaissance that plays out over years, with his own positions disclosed [teng-yan-011, teng-yan-012, teng-yan-014, teng-yan-015]. By May 2025 he calls Bittensor the most compelling place to watch Crypto x AI, the project most aligned with fair launch, and a cult with real conviction, while keeping the warnings about inflation, liquidity and leverage [teng-yan-016, teng-yan-017, teng-yan-018, teng-yan-021, teng-yan-022]. The 404-Gen profile shows the subnet-as-swarm frame [teng-yan-023].","dominant_metaphor":"market","shift":"From critic of the root-validator economics to holder and guide; the criticisms migrate from the design itself to the risks of the new token market."}],"appearances":[{"date":"2024","title":"CTRL-Altman-DEL: The Dawn of Decentralised AI","outlet":"Teng's Thoughts (Substack)","url":"https://tengsthoughts.com/p/ctrl-altman-del-the-dawn-of-decentralised","medium":"blog","note":"Essay on decentralised AI that discusses Bittensor's inference focus; host unreachable, not read."},{"date":"2024-04","title":"Bittensor, flawed? (original)","outlet":"Teng's Thoughts (Substack)","url":"https://tengsthoughts.com/p/bittensor-doomed","medium":"blog","note":"The original April 2024 version, listed as Bittensor, Doomed? on his Substack; the host refused connections, so the Chain of Thought republish is cited instead."}],"coverage":{"searches_used":14,"fetches_used":67,"well_covered":["revolution era critique (mid 2024) and outlook (January 2025)","dtao era, February to September 2025, from his guide and subnet thesis"],"thin":["current era: nothing from June 2026 onward","no 2026 statements at all","no podcast or video statements; his Chain of Thought podcast was not reached"],"gaps":["Search and fetch counts are for the three-narrator group as a whole; the session search budget ran out after 14 searches.","Third-narrator choice: Teng Yan was chosen over Justin Bons and Eric Wall because he has a multi-year body of long-form writing on Bittensor on fetchable pages, both critical and explanatory, whereas Bons and Wall each have one or two X threads that x.com, threadreader, archive.org and xcancel all refused in this session.","https://tengsthoughts.com refused connections, so the original April 2024 essay and CTRL-Altman-DEL were not read; the Chain of Thought republish is cited with its June 2024 date.","https://chainofthought.xyz/archive returned 404, so 2026 posts could not be enumerated without search budget.","The X post text for the dTAO guide is only the article card; marked probable."],"unreachable":["https://tengsthoughts.com/p/bittensor-doomed","https://tengsthoughts.com/p/ctrl-altman-del-the-dawn-of-decentralised","https://chainofthought.xyz/archive?sort=new","https://chainofthought.xyz/p/bittensor-doomed","https://chainofthought.xyz/p/ctrl-altman-del-the-dawn-of-decentralised"]},"themes":["dTAO","incentive design","validator power","token economics","attention","alpha tokens","competition","root network","open source","emissions","longevity","inflation","risk","subnets","competition with big AI","sustainability","transparency","experiment","hype","niche focus","price","subnet growth","inference","EVM","market allocation","staking","AMM","manipulation","authenticity","fair launch","permissionless entry","community","conviction","conflict of interest","Bitcoin comparison","internet comparison","research"],"metaphors":["market","bitcoin","swarm","cult","experiment","graveyard","hive mind","horse racing","internet","leverage","og","renaissance","shareholder vote","turning point","uniswap"]},{"id":"keith-singery","name":"Keith Singery","aka":["Bittensor Guru","The Guru"],"kind":"person","role":"Host, Bittensor Guru podcast; validator operator; Chief Evangelist, TAO.com (Tensora) from March 2025","affiliation":"Bittensor Guru podcast; TAO.com (Tensora)","active_from":"2023","handles":{"x":"@KeithSingery","site":"bittensor.guru","libsyn":"directory.libsyn.com/shows/view/id/6cd17825-f44d-40a8-bf0d-76fddff4634d"},"subnets":[],"one_line":"Host of the Bittensor Guru, the longest-running subnet-by-subnet interview podcast in the ecosystem, who ran the sixth-largest validator until it became the TAO.com validator in March 2025 and now speaks as TAO.com's Chief Evangelist.","glyph":"KS","url":"/narrative/keith-singery/","statement_count":21,"confidence":{"verified":17,"probable":3,"unverified":1},"eras":["revolution","dtao"],"media":["article","podcast","x"],"first_date":"2023","last_date":"2025-12-02","framework":{"positioning.category":{"summary":"Bittensor is an incentivized marketplace for machine learning, a project that combines AI and blockchain; he keeps the foundation's marketplace frame rather than coining his own.","statements":["keith-singery-001"]},"relationship":{"summary":"He speaks as an enthusiast who runs a validator and moderates the official Discord, then from March 2025 as the host whose validator became the TAO.com validator and whose show relays TAO.com's subnet evaluations.","statements":["keith-singery-001","keith-singery-013","keith-singery-014"]},"audience":{"summary":"He addresses the community and would-be miners subnet by subnet, translating each project into a one-line hook and, at the end of 2025, telling listeners anyone can now mine on hardware they already own.","statements":["keith-singery-001","keith-singery-015","keith-singery-021","keith-singery-019"]},"messaging.proof":{"summary":"His evidence is scale and pedigree: teams that brought 150 million users to AI, a subnet past 1000 GPUs, a subnet cracking the top 15, a permissionless training cluster.","statements":["keith-singery-002","keith-singery-008","keith-singery-018","keith-singery-021"]},"value.functional":{"summary":"The concrete benefit is always a working subnet: a trading competition, a yield engine, decentralised infrastructure, AutoML, zkML, distributed training.","statements":["keith-singery-003","keith-singery-006","keith-singery-007","keith-singery-015","keith-singery-020"]},"opportunity":{"summary":"He expects deregistration to prune weak subnets and then an explosion of new ones, and reads distributed training and AI coding subnets as the network's big swings.","statements":["keith-singery-004","keith-singery-016","keith-singery-018"]},"positioning.differentiator":{"summary":"What is most Bittensor-like to him is open source models, wide-open winner-take-all competition and permissionless mining, summed up as code is intelligence.","statements":["keith-singery-017"]},"foundation.values":{"summary":"He praises subnets for increasing decentralisation and, in a hosts' paraphrase, treats price charts as a distraction next to what holders and builders do.","statements":["keith-singery-006","keith-singery-019"]},"language.term":{"summary":"He coins Bittensory as an adjective for a subnet that embodies the network's design.","statements":["keith-singery-017"]},"voice":{"summary":"Boosterish, slangy and personal: we're back baby, on a tear, jam on all things 62, code is intelligence man.","statements":["keith-singery-010","keith-singery-017","keith-singery-018","keith-singery-009"]},"value.self_expressive":{"summary":"Being into the most Bittensory subnet signals being a true believer in open, winner-take-all competition.","statements":["keith-singery-017"]}},"language":{"words_used":["incentivized marketplace","subnet","miners","validator","ecosystem","community","winner-take-all","open source","permissionless","decentralization","on a tear","monster idea"],"words_avoided":["commodity","digital commodity","Yuma consensus","root network"],"coinages":[{"term":"Bittensory","meaning":"Adjective for a subnet that fully embodies Bittensor's design: open source, wide open, winner-take-all, permissionless mining.","statement":"keith-singery-017"},{"term":"Code is intelligence","meaning":"His slogan for why an AI coding subnet is the purest expression of a network that pays for intelligence.","statement":"keith-singery-017"}]},"genealogy":[{"era":"revolution","summary":"From the show's launch in late 2023 he frames Bittensor with the foundation's own words, an incentivized marketplace for machine learning, and speaks as a validator and Discord moderator [keith-singery-001]. His episode copy sells the network one subnet at a time, by team pedigree and scale [keith-singery-002, keith-singery-008], and he reads deregistration as pruning before an explosion of subnets [keith-singery-004].","dominant_metaphor":"marketplace","shift":""},{"era":"dtao","summary":"After his validator became the TAO.com validator he speaks as an evangelist relaying subnet evaluations [keith-singery-013, keith-singery-014]. The register gets louder and more partisan, picking Ridges as the most Bittensory subnet and coining code is intelligence [keith-singery-017, keith-singery-018], and by December 2025 the pitch to listeners is that anyone can mine on hardware they already own [keith-singery-021].","dominant_metaphor":"home run","shift":"From neutral host and validator to affiliated evangelist; from marketplace framing to open-competition slogans; the pruning expectation becomes a hosts' paraphrase that deregistration will shred 40 to 50 subnets [keith-singery-019]."}],"appearances":[{"date":"2023-12-04","title":"Bittensor | AMA Hosted by Siam Kidd with Keith Singery","outlet":"YouTube (Siam Kidd)","url":"https://www.youtube.com/watch?v=Ur8opfprJTc","medium":"youtube","note":"Early AMA as a validator and Discord moderator; the YouTube page did not render a description or transcript in this session."},{"date":"2024-02-21","title":"Bittensor Guru: Own your intelligence with Keith Singery","outlet":"In Plaintext Podcast (Phil Bonello and Fran Oliva-Velez)","url":"https://creators.spotify.com/pod/profile/in-plaintext-podcast/episodes/Bittensor-Guru-Own-your-intelligence-with-Keith-Singery-e2g2ecp","medium":"podcast","note":"Chapters cover why Bittensor, the value and difficulty of validating, what a healthy subnet looks like, Dynamic TAO, staking, emissions and sustainability, and SN24; show notes only, no transcript."},{"date":"2025-09-27","title":"Talking Tao: with Bittensor Guru Keith Singery","outlet":"Revenue Search: Inside Bittensor (Siam Kidd and Mark Creaser)","url":"https://creators.spotify.com/pod/profile/revenue-search/episodes/Talking-Tao-with-Bittensor-Guru-Keith-Singery-e38ojbl","medium":"podcast","note":"Hosts summarise him on how capital enters the ecosystem, one breakout subnet changing everything, Ridges at the front, and deregistration clearing 40 to 50 subnets; show notes only, no transcript."}],"coverage":{"searches_used":14,"fetches_used":67,"well_covered":["revolution era episode descriptions from March to June 2024","dtao era X posts and episode descriptions in 2025"],"thin":["2023 and January to March 2024, the first 17 episodes","current era, nothing from June 2026 onward","his own long-form framing in intros: only show notes, no transcripts"],"gaps":["Search and fetch counts are for the three-narrator group as a whole; the session search budget ran out after 14 searches.","https://bittensor.guru/ and /about: TLS certificate error, so his own site and about text were not read.","Libsyn RSS feed only carries episodes from 17 onward, so episodes 1 to 16 (late 2023 to March 2024) have no descriptions recorded.","No episode transcripts reached; every podcast statement is show-notes text, and his spoken intros are unrecorded.","No 2026 statements found without search budget; his X timeline was not enumerable through the fxtwitter mirror."],"unreachable":["https://bittensor.guru/","https://bittensor.guru/about","https://web.archive.org/web/2025/https://bittensor.guru/about","http://sites.libsyn.com/bittensor-guru","https://podtail.com/en/podcast/bittensor-guru/","https://www.youtube.com/watch?v=Ur8opfprJTc","https://threadreaderapp.com/thread/1947404033205145938.html"]},"themes":["community","subnet competition","subnet use cases","competition","trading","deregistration","compute","validators","distributed training","permissionless entry","incentive design","team pedigree","adoption","validator power","advertising","decentralisation","DeFi","scale","subnet evaluation","ownership","model training","open source","winner-take-all","AI coding","price","verification","zkML","mining"],"metaphors":["competition","marketplace","engine","explosion","home run","pruning","turing test","waves"]},{"id":"opentensor-foundation","name":"Opentensor Foundation","aka":["OTF","Openτensor Foundaτion","Opentensor","Bittensor (official)","Rao Foundation"],"kind":"institution","role":"Steward of the Bittensor protocol, publisher of bittensor.com, the docs, the SDK and the official announcements","affiliation":"Opentensor Foundation","active_from":"2020","handles":{"x":"@opentensor","github":"opentensor","medium":"opentensor.medium.com (blog.bittensor.com)","youtube":"@Opentensor"},"subnets":[],"one_line":"The institutional voice of Bittensor: the foundation that ran the chain, wrote the docs and the site, and from 2026 signs its pages as the Rao Foundation after handing governance to the chain.","glyph":"OF","url":"/narrative/opentensor-foundation/","statement_count":46,"confidence":{"verified":46,"probable":0,"unverified":0},"eras":["pre","nakamoto","finney","revolution","dtao","current"],"media":["blog","docs","other","whitepaper"],"first_date":"2020-03-09","last_date":"2026-09-15","framework":{"foundation.mission":{"summary":"Bittensor exists to produce machine intelligence through a market: first a peer-to-peer market where models price each other, then a platform where subnets produce digital commodities and the chain pays contributors in TAO.","statements":["opentensor-foundation-001","opentensor-foundation-010","opentensor-foundation-043"]},"foundation.vision":{"summary":"A future where economies and commodities are decentralized by design, no single entity is a sole authority, and the ownership of machine intelligence sits with ordinary people, bottom up.","statements":["opentensor-foundation-011","opentensor-foundation-026","opentensor-foundation-021"]},"foundation.values":{"summary":"Openness and decentralization are said to be written into the code; the Foundation adds fair launch with no pre-mine or VC allocation, open source as a moral imperative, and giving power away.","statements":["opentensor-foundation-008","opentensor-foundation-014","opentensor-foundation-016","opentensor-foundation-017","opentensor-foundation-033"]},"problem.cultural":{"summary":"Centralized firms and authorities disempower people; OpenAI is cast as the playbook of a bygone era of technocratic elitism.","statements":["opentensor-foundation-026","opentensor-foundation-022","opentensor-foundation-018"]},"problem.market":{"summary":"The existing AI system is centrally controlled, inefficient and unsustainable, and builders without access to traditional capital have nowhere to go.","statements":["opentensor-foundation-006","opentensor-foundation-028"]},"problem.institutional":{"summary":"Concentrated control of AI is named the greatest risk to humanity; inside the network, the risks named are validator oligarchy over emissions and, by 2026, idle subnets diluting the ones doing real work.","statements":["opentensor-foundation-018","opentensor-foundation-032","opentensor-foundation-039","opentensor-foundation-042"]},"opportunity":{"summary":"The opening of user-created subnets in 2023 is presented as the moment Bittensor reaches a broader audience.","statements":["opentensor-foundation-012"]},"audience":{"summary":"Miners first (2021), then engineers and open-source developers writing their own markets, then entrepreneurs, validators, subnet owners and stakers; each is told what they can earn.","statements":["opentensor-foundation-002","opentensor-foundation-006","opentensor-foundation-028","opentensor-foundation-029","opentensor-foundation-044"]},"positioning.category":{"summary":"The category moves from a peer-to-peer intelligence market, to internet-scale machine learning, to a mining network similar to Bitcoin, to a platform of decentralized commodity markets, to a language for writing markets and a decentralized machine intelligence network.","statements":["opentensor-foundation-001","opentensor-foundation-005","opentensor-foundation-019","opentensor-foundation-027","opentensor-foundation-045","opentensor-foundation-043"]},"positioning.differentiator":{"summary":"The network only measures outputs and is agnostic to where they come from; subnets are permissionless, collusion-resistant competition markets under one token, and dTAO opens subnet valuation to anyone who stakes.","statements":["opentensor-foundation-013","opentensor-foundation-025","opentensor-foundation-033","opentensor-foundation-045"]},"positioning.reason":{"summary":"Peers are paid for information-theoretic value; validators earn only by agreeing with stake-weighted consensus; under dTAO, market prices rather than validator votes decide emission.","statements":["opentensor-foundation-024","opentensor-foundation-031"]},"positioning.against":{"summary":"Against centrally controlled AI, OpenAI's corporate playbook, governments and corporations controlling AI, VC token allocations, and the validator oligarchy of its own root network.","statements":["opentensor-foundation-006","opentensor-foundation-022","opentensor-foundation-016","opentensor-foundation-018","opentensor-foundation-032","opentensor-foundation-046"]},"value.functional":{"summary":"Cheaper access to intelligence and digital resources without intermediaries, rewards for producing commodities, and from 2026 a managed yield on TAO held on root.","statements":["opentensor-foundation-013","opentensor-foundation-046","opentensor-foundation-041","opentensor-foundation-040"]},"value.emotional":{"summary":"The network is sold as humanity's creativity brought to life by nodes that need not know each other, and as a new future for humanity against repressive control.","statements":["opentensor-foundation-021","opentensor-foundation-026"]},"value.self_expressive":{"summary":"Joining means being a creative, forward-thinking individual who writes their own decentralized economy into existence.","statements":["opentensor-foundation-006","opentensor-foundation-029"]},"messaging.h1":{"summary":"The repeated lines are Internet-scale Neural Networks (2022 to 2026 in the README), Internet-scale machine learning (2023 site), democratize access to intelligence (2023 Medium), and in 2026 decentralized machine intelligence network.","statements":["opentensor-foundation-004","opentensor-foundation-007","opentensor-foundation-009","opentensor-foundation-023","opentensor-foundation-026","opentensor-foundation-043"]},"messaging.proof":{"summary":"Fair launch with no allocations, a block every 12 seconds, 26 subnets registered in the first month, dTAO passed by Senate vote, and in 2026 the share of TAO staked on root.","statements":["opentensor-foundation-014","opentensor-foundation-016","opentensor-foundation-020","opentensor-foundation-037","opentensor-foundation-042"]},"voice":{"summary":"The register moves from a bare install command, to salutations addressed to Community, Contributors, and TAO Holders, to Charter aphorisms, to release notes that call the network's own design a failure.","statements":["opentensor-foundation-002","opentensor-foundation-017","opentensor-foundation-020","opentensor-foundation-030","opentensor-foundation-039"]},"relationship":{"summary":"The Foundation describes itself as impartial, relinquishing administrative power, not endorsing subnets, and not engaging exchanges; it also ran the chain validators and firewalled the network in July 2024, and by 2026 its pages carry the Rao Foundation name.","statements":["opentensor-foundation-008","opentensor-foundation-023","opentensor-foundation-017","opentensor-foundation-030","opentensor-foundation-037"]},"language.term":{"summary":"Official coinages, dated to their earliest reached source: Internet-scale Neural Networks, Kusanagi, Nakamoto, Finney, subnet, subtensor, Yuma Consensus, digital commodities, Dynamic TAO, alpha token, subnet pools, Triumvirate, emission gate, root proportion, beta.","statements":["opentensor-foundation-004","opentensor-foundation-015","opentensor-foundation-024","opentensor-foundation-025","opentensor-foundation-027","opentensor-foundation-031","opentensor-foundation-034","opentensor-foundation-038","opentensor-foundation-040","opentensor-foundation-041"]}},"language":{"words_used":["market","commodity","digital commodities","incentive","incentive mechanism","subnet","subnet miner","subnet validator","subnet owner","subtensor","emission","TAO","alpha","stake","decentralized","permissionless","collusion-resistant","open source","fair launch","democratize","internet-scale","intelligence","consensus","root","yield","basket","competition"],"words_avoided":["AI company","token sale","ICO","investors (as a target audience, until Pantera and Collab+Currency are named in November 2023)","artificial general intelligence","blockchain for AI (the docs insist Bittensor is one blockchain plus many subnets)"],"coinages":[{"term":"Internet-scale Neural Networks","meaning":"The README tagline for the project, kept from v3.0.0 (2022) to the archived repository (2026).","statement":"opentensor-foundation-004"},{"term":"Internet-scale machine learning","meaning":"The bittensor.com tagline in 2023.","statement":"opentensor-foundation-007"},{"term":"Incentivizing intelligence","meaning":"Two-word slogan on the 2023 About page; also the title of the academic paper on bittensor.com/academia.","statement":"opentensor-foundation-009"},{"term":"Kusanagi, Nakamoto, Finney","meaning":"Codenames for the three mainnet iterations (January 2021, November 2021, March 20 2023).","statement":"opentensor-foundation-015"},{"term":"subnet","meaning":"An incentive-based competition market; anyone can create one by paying the registration cost in TAO.","statement":"opentensor-foundation-025"},{"term":"subtensor","meaning":"The single blockchain to which all subnets connect.","statement":"opentensor-foundation-044"},{"term":"Yuma Consensus","meaning":"The on-chain mechanism that pays validators for evaluations that agree with stake-weighted consensus.","statement":"opentensor-foundation-024"},{"term":"digital commodities","meaning":"Compute, data, storage, predictions and models produced by subnets and transformed into intelligence.","statement":"opentensor-foundation-027"},{"term":"Dynamic TAO (DTAO, dTAO)","meaning":"Market-driven emission allocation from subnet token prices, replacing validator voting.","statement":"opentensor-foundation-031"},{"term":"subnet tokens, Alpha","meaning":"Per-subnet tokens, informally Alpha1, Alpha2, through which participants earn and the network values commodities.","statement":"opentensor-foundation-034"},{"term":"Triumvirate, Senate, Bicameral Legislature","meaning":"The two-tier governance structure for proposal approval.","statement":"opentensor-foundation-038"},{"term":"emission gate","meaning":"A threshold around the 32nd rank below which subnet emission collapses toward zero.","statement":"opentensor-foundation-040"},{"term":"root proportion","meaning":"The share of subnet inflation owed to TAO staked on root.","statement":"opentensor-foundation-041"},{"term":"Rao Foundation","meaning":"The name under which the 2026 official pages are bylined, replacing Opentensor Foundation.","statement":"opentensor-foundation-045"}]},"genealogy":[{"era":"pre","summary":"The whitepaper sets the frame that everything later returns to: intelligence as a commodity and a peer-to-peer market where models price each other [opentensor-foundation-001].","dominant_metaphor":"market","shift":""},{"era":"nakamoto","summary":"The site speaks only to miners, with an install command as its whole message [opentensor-foundation-002], and by 2022 is a wordmark and four links [opentensor-foundation-003]. The README defines a market system for the development of AI whose purpose is to democratize the commodity and disrupt a centrally controlled status quo [opentensor-foundation-005] [opentensor-foundation-006], under the tagline Internet-scale Neural Networks [opentensor-foundation-004].","dominant_metaphor":"market","shift":"From a paper to a running network; the audience is engineers and miners, and the enemy is named as centralized AI."},{"era":"finney","summary":"The first front-page tagline appears, Internet-scale machine learning [opentensor-foundation-007], with four principles: open, incentivized, decentralized, user-governed [opentensor-foundation-008] and the slogan Incentivizing intelligence [opentensor-foundation-009]. The docs call the vision a pure market and an incentivized arena [opentensor-foundation-011]. Medium begins: fair launch with Bitcoin as precedent [opentensor-foundation-014], the mainnet codenames [opentensor-foundation-015], no VC allocations ever [opentensor-foundation-016], the Charter's opposition to centralized control [opentensor-foundation-017] [opentensor-foundation-018], and subnets announced as the way developers write their own markets [opentensor-foundation-013].","dominant_metaphor":"market","shift":"The Foundation starts speaking in the first person as an institution, adopts Bitcoin's fair-launch story, and prepares the word subnet."},{"era":"revolution","summary":"The README redefines Bittensor as a mining network similar to Bitcoin [opentensor-foundation-019]. The November 2023 update is the most combative official text: there is a subnet for that [opentensor-foundation-020], the free market we have built for AI [opentensor-foundation-021], and OpenAI as a bygone era [opentensor-foundation-022]. The 2024 site adds Bittensor Explained, which opens with repressive regimes [opentensor-foundation-026], makes digital commodities the noun [opentensor-foundation-027], and lists roles a reader can take [opentensor-foundation-029]. The docs fix the vocabulary: subnet as competition market and Yuma Consensus [opentensor-foundation-025] [opentensor-foundation-024]. The dTAO whitepaper closes the era by calling the root network an apathetic oligarchy and proposing market democracy [opentensor-foundation-032] [opentensor-foundation-033].","dominant_metaphor":"commodity","shift":"Subnets move from promise to proof; digital commodities replaces machine learning as the noun; the Foundation names OpenAI and, later, its own validators as the problem."},{"era":"dtao","summary":"The official voice becomes the docs: Dynamic TAO is an evolution toward more thorough decentralization that removes the root network's role in judging subnets [opentensor-foundation-036], and the upgrade was passed by Senate vote [opentensor-foundation-037]; the glossary adds the Triumvirate and commit reveal [opentensor-foundation-038]. The front page carries no tagline through 2025 [opentensor-foundation-035].","dominant_metaphor":"market","shift":"Explanation replaces persuasion; the market metaphor is now literal, a pool with a price."},{"era":"current","summary":"Release notes on bittensor.com become the main official prose, in a blunt register: subnet registration is a quiet failure [opentensor-foundation-039], the emission gate collapses the tail [opentensor-foundation-040], TAO is a productive asset with a root proportion [opentensor-foundation-041] and root capital was sterile [opentensor-foundation-042]. The front page regains a definition, an open network where independent subnets produce digital commodities [opentensor-foundation-043], the docs move onto bittensor.com [opentensor-foundation-044], and the About page hosts Const's language-for-markets frame under a Rao Foundation byline [opentensor-foundation-045] with a jab at systems falsely self-proclaimed as open [opentensor-foundation-046].","dominant_metaphor":"productive asset","shift":"From decentralization talk to yield mechanics; the institution's name on the pages changes to Rao Foundation and the docs move onto bittensor.com."}],"appearances":[{"date":"2023-08-10","title":"Twitter Spaces community Q&A","outlet":"Opentensor Foundation on X","url":"https://opentensor.medium.com/september-network-update-4550354230b2","medium":"x","note":"Listed in the September 2023 network update as a live community call; no transcript reached."},{"date":"2023-08-30","title":"Discord Network Update / Growth Discussion","outlet":"Bittensor Discord","url":"https://opentensor.medium.com/september-network-update-4550354230b2","medium":"discord","note":"Listed in the September 2023 network update; recording linked from Medium, not reached."},{"date":"2024-07-09","title":"Reopening Bittensor community call","outlet":"Bittensor Discord","url":"https://blog.bittensor.com/reopening-bittensor-8252ee749980","medium":"discord","note":"Community call on reopening the mainnet after the July 2024 attack; agenda published on Medium, no transcript."}],"coverage":{"searches_used":19,"fetches_used":92,"well_covered":["bittensor.com front page captures 2020, 2021, 2022, 2023, 2024, 2025, 2026 and live","docs.bittensor.com captures 2023, 2024, 2025 and the live bittensor.com/docs","Opentensor Foundation Medium (via archive.org): September 2023, TAO Token Economy, November 2023, July 2024","GitHub README at v3.0.0, v6.0.0, v7.0.0, v8.0.0 and master","the whitepaper, the dTAO whitepaper, the Charter, and the 2026 release notes v440, v441, v450"],"thin":["nakamoto era: only README and nav text, no prose from the 2021 to 2022 site","x: no @opentensor post text reached at all","youtube: channel description not rendered","the August and October 2023 and June 2024 Medium posts (October Network Update, Supercommodities for Decentralized Economies) were not archived"],"gaps":["@opentensor X posts: x.com blocked to the fetch tool (402/403) and archive.org captures of twitter.com/opentensor and the July 2024 status returned empty shells; the Finney (March 2023), Revolution (October 2023), dTAO (February 2025) and February 2026 governance announcements were therefore not quoted from X","The February 2026 announcement of the Foundation stepping back: only secondary articles (cryptobriefing, simplytao, bex.co) reached, none quoting an official OTF text verbatim, so no statement recorded","Medium direct URLs return 403; only posts with archive.org captures were read. Not archived: October Network Update (2023-10-09), August Network Update (2023-08-07), Supercommodities for Decentralized Economies (2024-06-18), Weight Copying and Consensus-based Weights (2024)","The web search budget for the session ran out after 19 searches, so the official YouTube descriptions and any Substack were not pursued further","The dTAO whitepaper page on bittensor.com is undated; January 2025 is inferred from secondary reports and marked month precision"],"unreachable":["https://x.com/opentensor","https://x.com/opentensor/status/1811856695733420469","https://opentensor.medium.com/ (403 direct)","https://blog.bittensor.com/october-network-update-2ec6c8b3f0b8 (guessed slug, not archived)","https://www.youtube.com/@Opentensor/about (footer only)","https://tao.news/... Revolution announcement (522)","https://docs.bittensor.com/learn/introduction (redirects to bittensor.com/docs; archived copy used)","https://bittensor.com/paradigm (2024 menu item, no archive capture)"]},"themes":["decentralised intelligence","token economics","commodity markets","incentive design","permissionless entry","governance","anti-centralisation","validator power","ownership","censorship resistance","anti-OpenAI"],"metaphors":["market","network","bitcoin","commodity","mining","collective","evolution","arena","gate","democracy","garden","ingredients","language","legislature","neural network","oligarchy","one-stop-shop","productive asset","repressive regime","sterile capital","tail","war machine","we the people","writing"]},{"id":"sn120","name":"Affine (SN120)","aka":["Affine Foundation","SN120","Subnet 120"],"kind":"subnet","role":"Subnet team; Jacob Steeves (Const), CEO of Affine and Bittensor co-founder, speaks for it","affiliation":"Affine Foundation","active_from":"2025","handles":{"x":"@affine_io","github":"AffineFoundation"},"subnets":[120],"one_line":"Reinforcement-learning subnet founded in mid 2025 and run as a king-of-the-hill competition where miners upload model checkpoints and the reigning champion takes the emission; led by Bittensor co-founder Jacob Steeves after he left the Opentensor Foundation, so its language is the closest any subnet gets to the founder's own.","glyph":"SN120","url":"/sn/120/#says","statement_count":16,"confidence":{"verified":9,"probable":6,"unverified":1},"eras":["dtao","current"],"media":["article","docs","other","talk"],"first_date":"2025","last_date":"2026-09-14","framework":{"foundation.mission":{"summary":"Pay miners for incremental improvements on reinforcement-learning tasks such as program synthesis and coding, inside a mechanism built to resist sybils, decoys, copying and overfitting.","statements":["sn120-001","sn120-002"]},"foundation.vision":{"summary":"Commoditize reasoning by aggregating the work of a large, non-permissioned group on RL tasks until the intelligence sound barrier breaks.","statements":["sn120-003"]},"foundation.values":{"summary":"A score that stays honest under adversarial pressure, with every verdict replayable and every crowned model published.","statements":["sn120-013","sn120-014"]},"audience":{"summary":"Miners, validators and contributors described as an open, global network competing to advance RL; Steeves singles out Chinese miners as the force that makes subnets fiercer.","statements":["sn120-004","sn120-005","sn120-008"]},"positioning.category":{"summary":"For the subnet: an incentivized RL environment, a direct market for engineers, and since 2026 a king-of-the-hill competition. For the network: an open-source protocol for a decentralised machine-learning network, in which subnets collaborate and compete around tasks.","statements":["sn120-001","sn120-006","sn120-014","sn120-009","sn120-011"]},"positioning.differentiator":{"summary":"A mechanism claimed to be sybil-proof, decoy-proof, copy-proof and overfitting-proof, and by 2026 a teacher-anchored distillation score rather than an LLM judge.","statements":["sn120-002","sn120-012"]},"positioning.reason":{"summary":"An open global network of competitors, and the claim that Affine is among the largest and most competitive mechanisms on Bittensor; the network filters supply by incentive.","statements":["sn120-004","sn120-007","sn120-010"]},"value.functional":{"summary":"Engineers upload open models and get paid, with crown emission paid for at most 72 hours and burned when no crown qualifies.","statements":["sn120-006","sn120-016"]},"value.self_expressive":{"summary":"Contributors are cast as empowered participants who compete and innovate.","statements":["sn120-005"]},"messaging.h1":{"summary":"Commoditize reasoning.","statements":["sn120-003"]},"messaging.proof":{"summary":"Anti-gaming properties, size and competitiveness on the network, and replayable verdicts.","statements":["sn120-002","sn120-007","sn120-014"]},"voice":{"summary":"Terse engineering rules written for miners (crowns, windows, burns), and a founder who talks about competition getting fiercer.","statements":["sn120-016","sn120-013","sn120-008"]},"relationship":{"summary":"The subnet's CEO is Bittensor's co-founder and presents himself as such in every bio; the subnet is his only subnet and his return to building.","statements":["sn120-011","sn120-015"]},"language.term":{"summary":"Commoditize reasoning; king, crown, throne, reign, dethrone, duel; teacher-anchored distillation score; Reason and Grounding.","statements":["sn120-003","sn120-012","sn120-014"]},"subnet.self":{"summary":"An incentivized RL environment that became a king-of-the-hill distillation contest: private checkpoint uploads, a frozen teacher, one crowned king, a 72-hour paid window, and published, replayable verdicts.","statements":["sn120-001","sn120-002","sn120-012","sn120-014","sn120-016"]},"subnet.network":{"summary":"Bittensor is described in the founder's own vocabulary: an open-source protocol for a decentralised machine-learning network, incentive-based computer networks, about 128 subnets collaborating and competing, where incentives amplify good supply and eliminate poor supply.","statements":["sn120-009","sn120-010","sn120-011","sn120-015","sn120-008"]}},"language":{"words_used":["commoditize reasoning","incentivized RL environment","miners","validators","non-permissioned","sybil-proof","king","crown","throne","reign","dethrone","duel","emission","burn","teacher","distillation","replayability"],"words_avoided":["decentralised AI as a slogan","token price","alpha","community in the marketing sense on the 2026 site"],"coinages":[{"term":"commoditize reasoning","meaning":"Treat reasoning as a commodity produced by an open, non-permissioned group and priced by the mechanism.","statement":"sn120-003"},{"term":"intelligence sound barrier","meaning":"A threshold of machine reasoning the team says aggregated RL work will break through.","statement":"sn120-003"},{"term":"king-of-the-hill subnet","meaning":"A single reigning model holds the emission until a challenger beats it by a statistical margin.","statement":"sn120-014"},{"term":"teacher-anchored distillation score","meaning":"Scoring miners by likelihood under a frozen teacher model rather than by an LLM judge.","statement":"sn120-012"}]},"genealogy":[{"era":"dtao","summary":"In 2025 Affine described itself as an incentivized RL environment with a mechanism proofed against sybils, decoys, copying and overfitting, and gave its vision as commoditizing reasoning to break the intelligence sound barrier [sn120-001] [sn120-002] [sn120-003]. Steeves, speaking for it in late 2025, framed Bittensor as subnets collaborating and competing where incentives amplify good supply, and pointed to Chinese miners as the source of Affine's competitiveness [sn120-009] [sn120-010] [sn120-007].","dominant_metaphor":"commodity","shift":""},{"era":"current","summary":"By September 2026 the public voice is the rulebook: a king-of-the-hill subnet scored by a frozen teacher, crowns paid for 72 hours, emission burned when no crown qualifies, every verdict replayable [sn120-012] [sn120-014] [sn120-016]. The vision sentence survives only in conference bios that describe incentive-based computer networks and open systems for coordinating machine intelligence [sn120-015].","dominant_metaphor":"king of the hill","shift":"From a vision statement about commoditizing reasoning to a mechanism-first register of kings, crowns and burns; the team's own AGENTS.md concedes the score measures distillation fidelity under adversarial pressure rather than raw capability."}],"appearances":[{"date":"2025","title":"This Week in Startups: special episode with Jacob Steeves (Const)","outlet":"This Week in Startups","url":"https://podcasts.apple.com/us/podcast/this-week-in-startups/id315114957","medium":"podcast","note":"Show listing says it covers dTAO, the Templar controversy and Subnet 120 Affine; episode page and transcript not reached."},{"date":"2025-10-29","title":"Interview with Bittensor Founder Jacob: Applying Mining to AI, Top 3 Subnets Built by Chinese Teams","outlet":"ChainCatcher (Bitget News translation)","url":"https://www.bitget.com/news/detail/12560605036813","medium":"article","note":"Jacob Steeves on subnets as markets, Affine, Ridges, Lium and Chinese miners; text interview, translated."},{"date":"2026-03-26","title":"What is Bittensor? 2026 Update with Co-Founder Jacob Steeves (Const)","outlet":"VirtualBacon","url":"https://www.youtube.com/watch?v=YmxqgTXfpDo","medium":"youtube","note":"State of Bittensor in 2026; YouTube page did not render, no transcript reached."},{"date":"2026-04-15","title":"Paris Blockchain Week 2026","outlet":"Paris Blockchain Week","url":"https://parisblockchainweek.com/speaker-2026/jacob-robert-steeves","medium":"talk","note":"Speaker listing only; no talk transcript."},{"date":"2026-09-28","title":"Exploit Summit 2026","outlet":"Exploit Summit","url":"https://exploitsummit.com/","medium":"talk","note":"Upcoming at time of research; speaker bio only."}],"coverage":{"searches_used":4,"fetches_used":24,"well_covered":["current era mechanism documents (affine.io, llms.txt, AGENTS.md)","2025 team self-description via job postings"],"thin":["founder statements specifically about Affine in his own voice","X account @affine_io and @const_reborn posts","podcast appearances (This Week in Startups, VirtualBacon) without transcripts"],"gaps":["https://x.com/affine_io and https://x.com/const_reborn: X did not render and web.archive.org is blocked from this session, so no X posts are recorded; a widely quoted Const line (My only subnet is Affine (SN120)) could not be sourced and is omitted.","This Week in Startups episode with Const on Affine: episode URL and transcript not located before the session search budget ran out.","https://github.com/AffineFoundation/affine README.md, MOTIVATION.md and PAPER_DRAFT.md returned 404 at the raw paths tried; the 2025 README wording (Pareto frontier, commoditize reasoning) survives only in aggregator paraphrase.","The Subnet Alpha market quote (sn120-006) has no reachable primary."],"unreachable":["https://web.archive.org/web/2025/https://github.com/AffineFoundation/affine","https://web.archive.org/web/2026/https://x.com/affine_io","https://raw.githubusercontent.com/AffineFoundation/affine/main/README.md","https://raw.githubusercontent.com/AffineFoundation/affine/main/MOTIVATION.md","https://raw.githubusercontent.com/AffineFoundation/affine/main/PAPER_DRAFT.md","https://github.com/AffineFoundation/affine-cortex","https://x.com/JosephJacks_/status/1951049717988655278","https://www.youtube.com/watch?v=YmxqgTXfpDo"]},"themes":["incentive design","commodity markets","decentralised intelligence","competition","permissionless entry","verification","anti-gaming","community","reinforcement learning","ownership","open source","token economics"],"metaphors":["market","competition","network","commodity","crown","environment","king of the hill","open system","sound barrier","throne"]},{"id":"sn34","name":"BitMind (SN34)","aka":["BitMind AI","BitMind Labs","GAS","SN34","Subnet 34"],"kind":"subnet","role":"Subnet team; Ken Jon Miyachi, co-founder and CEO, speaks for it; Dylan Uys, co-founder and head of AI","affiliation":"BitMind Holdings Limited","active_from":"2024","handles":{"x":"@bitmind","github":"BitMind-AI"},"subnets":[34],"one_line":"Deepfake and AI-content detection subnet launched in 2024, rebuilt in late 2024 as GAS, a generative adversarial engine where generator miners forge and detector miners catch; its enterprise site sells a trust layer and rarely says Bittensor, while its founder tells the press Bittensor is the decentralised network where hundreds of developers compete to build the best detector.","glyph":"SN34","url":"/sn/34/#says","statement_count":15,"confidence":{"verified":11,"probable":4,"unverified":0},"eras":["revolution","dtao","current"],"media":["article","blog","docs"],"first_date":"2024-09-02","last_date":"2026","framework":{"foundation.mission":{"summary":"Build the best deepfake detection on the market and, in doing so, demonstrate decentralised AI; later phrased as trustworthy detection protecting users and organisations from synthetic media.","statements":["sn34-004","sn34-012"]},"foundation.vision":{"summary":"Make SN34 the default engine for trustworthy AI-generated-content detection: an open network producing verifiable models delivered through private infrastructure.","statements":["sn34-007"]},"problem.cultural":{"summary":"Deepfakes went from half a million in 2023 to eight million in 2025.","statements":["sn34-008"]},"problem.market":{"summary":"Detectors are static while generative AI is dynamic, and detectors trained on one generator fail on others.","statements":["sn34-009","sn34-001"]},"opportunity":{"summary":"The explosion in deepfake volume is the tailwind the founder cites.","statements":["sn34-008"]},"audience":{"summary":"Enterprises and organisations first; the 2026 site speaks to businesses whose AI acts on data, and the subnet's own miners appear only in docs and GitHub.","statements":["sn34-015","sn34-012"]},"positioning.category":{"summary":"For the subnet: a deepfake detection subnet, then a generative adversarial engine, then a trust layer for enterprises. For the network: the decentralised network where hundreds of developers compete for automatic rewards.","statements":["sn34-005","sn34-006","sn34-015","sn34-010"]},"positioning.differentiator":{"summary":"A network of diverse models and miners that adapts continuously, against static single-team detectors.","statements":["sn34-002","sn34-013"]},"positioning.reason":{"summary":"Bittensor lets hundreds of developers compete with automatic rewards, so detection improves as fast as generation.","statements":["sn34-010","sn34-002"]},"positioning.against":{"summary":"Conventional, static detectors and single teams trying to keep up with thousands of deepfake creators.","statements":["sn34-009"]},"value.functional":{"summary":"Higher accuracy on real-world deepfakes (88 percent against 69) and verification of every data point before an AI acts on it.","statements":["sn34-011","sn34-015"]},"messaging.h1":{"summary":"The best deepfake detection on the market, demonstrating the potential of decentralised AI; by 2026, the most authoritative AI fraud detection through a self-evolving service.","statements":["sn34-004","sn34-013","sn34-007"]},"messaging.proof":{"summary":"Miners beating the base model in the first month, an incentive mechanism that resisted gaming, and benchmark accuracy figures.","statements":["sn34-003","sn34-011"]},"language.term":{"summary":"GAS (Generative Adversarial Engine), detectors and generators as miner types, AIGC detection, DeAI.","statements":["sn34-006","sn34-014"]},"subnet.self":{"summary":"A deepfake detection subnet that became GAS: generator miners forge synthetic media, detector miners submit models, validators evaluate both, and the whole loop co-evolves under aligned incentives.","statements":["sn34-005","sn34-006","sn34-014","sn34-002"]},"subnet.network":{"summary":"Bittensor is the decentralised network where developers compete for automatic rewards; the subnet exists partly to demonstrate the potential of decentralised AI. On the enterprise site the network is not named.","statements":["sn34-010","sn34-004"]}},"language":{"words_used":["deepfake","detection","trustworthy","decentralized AI","DeAI","GAS","generators","discriminators","detectors","co-evolve","incentive-aligned","self-evolving","enterprise","trust layer","accuracy"],"words_avoided":["Bittensor and Subnet 34 on the 2026 homepage and the 2025 roadmap post","TAO","alpha","emissions in customer-facing copy"],"coinages":[{"term":"GAS","meaning":"Generative Adversarial Subnet or Engine: the late 2024 redesign in which generator and detector miners compete in one loop.","statement":"sn34-006"},{"term":"the trust layer for enterprises","meaning":"The 2026 category claim for the company product built on the subnet's models.","statement":"sn34-015"}]},"genealogy":[{"era":"revolution","summary":"At launch the team wrote for the Bittensor community in Medium recaps: the mission was the best deepfake detector on the market while demonstrating the potential of decentralised AI, and the subnet's fit was a network of diverse models and miners that adapts continuously [sn34-004] [sn34-002] [sn34-003]. In November 2024 Miyachi renamed the mechanism GAS, a generative adversarial engine, and set the long-term goal of SN34 as the default engine for trustworthy AIGC detection [sn34-006] [sn34-007].","dominant_metaphor":"engine","shift":""},{"era":"dtao","summary":"In press interviews Miyachi framed Bittensor as the decentralised network where hundreds of developers compete for automatic rewards, set against static detectors and single teams, and led with accuracy numbers [sn34-010] [sn34-009] [sn34-011]. The October 2025 roadmap post describes trustworthy detection technology without naming Bittensor [sn34-012].","dominant_metaphor":"competition","shift":"The network moves from mission statement to supporting argument; the company voice starts to separate from the subnet voice."},{"era":"current","summary":"The 2026 homepage sells a trust layer for enterprises and does not say Bittensor; the docs keep the subnet language, calling SN34 a DeAI network running a continuous incentivized competition where generators and discriminators co-evolve [sn34-015] [sn34-013] [sn34-014].","dominant_metaphor":"layer","shift":"Two registers: enterprise trust layer on the front page, adversarial competition in the docs."}],"appearances":[{"date":"2024-04-29","title":"Free Tools to Detect AI Deep Fakes","outlet":"Strawberry Letter (iHeart), Rushion McDonald","url":"https://www.iheart.com/podcast/1141-strawberry-letter-22836089/episode/info-you-can-use-free-tools-271206339/","medium":"podcast","note":"Ken Miyachi on free detection tools; listed on bitmind.ai/podcasts; no transcript reached."},{"date":"2024-08-15","title":"BitMind Ventura Labs","outlet":"Ventura Labs","url":"https://www.youtube.com/watch?v=cPrJ3Ro8_1Q","medium":"youtube","note":"Deep dive into deepfake detection with BitMind leadership; listed on bitmind.ai/podcasts; YouTube did not render."},{"date":"2024-09-10","title":"BitMind Interview - Revenue Search","outlet":"Bittensor Revenue Search","url":"https://www.youtube.com/watch?v=aRNgfWwKsv4","medium":"youtube","note":"AI fraud prevention; listed on bitmind.ai/podcasts; no transcript."},{"date":"2024-10-05","title":"BitMind Interview - Episode 3","outlet":"YouTube","url":"https://www.youtube.com/watch?v=oJMcwi3c4X4","medium":"youtube","note":"AI safety and authentication; listed on bitmind.ai/podcasts; no transcript."},{"date":"2025","title":"Elon musk is the most deepfaked person in the world, Ken Jon Miyachi Co-Founder BitMind","outlet":"Irish Tech News","url":"https://irishtechnews.ie/elon-musk-is-the-most-deepfaked-person-in-the-world-ken-jon-miyachi-co-founder-bitmind/","medium":"article","note":"Text interview; blocked by a CAPTCHA, not quoted."},{"date":"2025-05-09","title":"BitMind CEO Shares Insights On Deepfake Detection And How Decentralized Networks May Enhance The Process","outlet":"Crowdfund Insider","url":"https://www.crowdfundinsider.com/2025/05/238988-bitmind-ceo-shares-insights-on-deepfake-detection-and-how-decentralized-networks-may-enhance-the-process/","medium":"article","note":"Text interview; quoted above."},{"date":"2025-07-25","title":"Interview: 'This is just the tip of the iceberg,' says BitMind founder Ken Jon Miyachi on deepfake scams","outlet":"Invezz","url":"https://invezz.com/news/2025/07/25/interview-this-is-just-the-tip-of-the-iceberg-says-bitmind-founder-ken-jon-miyachi-on-deepfake-scams/","medium":"article","note":"Text interview; page blocked (403), not quoted."},{"date":"2025-12-18","title":"#501: Ken Miyachi, Co-founder of BitMind, on Bittensor, The Escalation of AI-Driven Crypto Scams, and Deepfakes","outlet":"CryptoNews Podcast","url":"https://podcasts.apple.com/us/podcast/501-ken-miyachi-co-founder-of-bitmind-on-bittensor/id1559291408?i=1000741806712","medium":"podcast","note":"Description covers Bittensor, AI-driven crypto scams and real-time verification; no transcript reached."}],"coverage":{"searches_used":3,"fetches_used":26,"well_covered":["revolution era team writing (Medium recaps, GAS blog post)","2025 press quotes from Ken Miyachi","2026 docs and homepage"],"thin":["podcast and YouTube appearances (six listed, none transcribed)","X posts by @bitmind and Ken Miyachi","2026 founder statements about Bittensor"],"gaps":["https://irishtechnews.ie interview with Ken Miyachi: blocked by CAPTCHA directly and via proxy.","https://invezz.com July 2025 interview: 403 directly, tracker-only via proxy.","X account @bitmind and Ken Miyachi's account: X does not render and web.archive.org is blocked from this session; no X statements recorded.","Hash Rate Ep. 076 listed on bitmind.ai/podcasts with date 2023-11-01 predates the subnet and was not verified, so it is not recorded as an appearance."],"unreachable":["https://irishtechnews.ie/elon-musk-is-the-most-deepfaked-person-in-the-world-ken-jon-miyachi-co-founder-bitmind/","https://invezz.com/news/2025/07/25/interview-this-is-just-the-tip-of-the-iceberg-says-bitmind-founder-ken-jon-miyachi-on-deepfake-scams/","https://podcasts.chainofthought.xyz/podcast-summaries/novelty-search-bitmind-ai-bittensor-subnet-34-f2546","https://web.archive.org/web/2026/https://x.com/bitmind","https://www.youtube.com/watch?v=QF6ysHaBzhg"]},"themes":["incentive design","deepfakes","adversarial AI","decentralised intelligence","adaptation","enterprise","trust","anti-gaming","verification","open source","competition","accuracy"],"metaphors":["competition","network","engine","layer","infrastructure","co-evolution","self-evolving"]},{"id":"sn64","name":"Chutes (SN64)","aka":["Chutes.ai","Rayon Labs Chutes"],"kind":"subnet","role":"Subnet team: serverless AI compute on Bittensor subnet 64","affiliation":"Rayon Labs","active_from":"2024-12","handles":{"x":"@chutes_ai","github":"rayonlabs","founder_x":"@jon_durbin"},"subnets":[64],"one_line":"Rayon Labs' serverless inference subnet, launched December 2024 and led in public by Jon Durbin, which describes itself as a decentralised compute provider and Bittensor as the decentralised AI network that powers it.","glyph":"SN64","url":"/sn/64/#says","statement_count":15,"confidence":{"verified":12,"probable":3,"unverified":0},"eras":["revolution","dtao","current"],"media":["article","blog","docs","x"],"first_date":"2024-12-17","last_date":"2026-05-15","framework":{"foundation.mission":{"summary":"Chutes says it exists to bring permissionless AI compute to everyone and to let developers deploy any model without owning GPUs.","statements":["sn64-002","sn64-006","sn64-010"]},"foundation.values":{"summary":"The team presents itself as a decentralised collective with no CEO and shared governance.","statements":["sn64-008"]},"audience":{"summary":"Two audiences are named: developers who bring code and models, and miners who earn TAO for validation work.","statements":["sn64-003","sn64-010"]},"positioning.category":{"summary":"Chutes calls itself a decentralised compute provider and a serverless AI infrastructure; Bittensor is described as a decentralised AI network.","statements":["sn64-012","sn64-006","sn64-011","sn64-004"]},"positioning.differentiator":{"summary":"The stated difference is aggregate performance and diversity of capability from a network of specialised AI systems, which centralised approaches cannot match.","statements":["sn64-009"]},"positioning.reason":{"summary":"By 2026 the proof offered is revenue without subsidies: real customers paying for real usage.","statements":["sn64-014","sn64-013"]},"positioning.against":{"summary":"Chutes sets itself against centralised clouds where the user gives up control of data.","statements":["sn64-007"]},"value.functional":{"summary":"Deploy any model in minutes, no GPU hosting, pay per use, and TAO rewards for miners.","statements":["sn64-006","sn64-003","sn64-002"]},"value.emotional":{"summary":"Control of your own data is the feeling sold.","statements":["sn64-007"]},"messaging.h1":{"summary":"The repeated line is that Chutes is the leading decentralised compute provider redefining decentralised compute at scale.","statements":["sn64-012","sn64-004","sn64-010"]},"messaging.proof":{"summary":"Proof is given in numbers: GPU counts, tokens per day, trillions of tokens per month, and later cost per token.","statements":["sn64-005","sn64-012","sn64-013","sn64-015"]},"voice":{"summary":"Durbin's register on X is informal and boastful in a friendly way; the blog is plain product copy.","statements":["sn64-005","sn64-001","sn64-014"]},"relationship":{"summary":"The team speaks as a subnet that runs on Bittensor and is powered by it, and Durbin speaks as the builder who unleashed the network's usage.","statements":["sn64-011","sn64-001","sn64-008","sn64-015"]},"subnet.self":{"summary":"Chutes describes itself as serverless, permissionless compute for everyone, a cloud with a fleet of GPUs that must earn its keep.","statements":["sn64-002","sn64-006","sn64-012","sn64-014"]},"subnet.network":{"summary":"Bittensor is described in its own words as a decentralised AI network and an ecosystem of specialised AI systems, closer to the foundation's language than to Steeves's market framing.","statements":["sn64-011","sn64-009","sn64-002","sn64-015"]}},"language":{"words_used":["permissionless","serverless","decentralized compute","GPU","tokens","miners","TAO","fleet","collective"],"words_avoided":["market for intelligence","commodity","Yuma","digital commodities"],"coinages":[{"term":"Chute","meaning":"an application deployed on the platform; the product name doubles as the unit of deployment","statement":"sn64-002"}]},"genealogy":[{"era":"revolution","summary":"At launch in December 2024 the frame was permissionless AI compute for everyone, leveraging the same Bittensor network that powers other subnets [sn64-002]. Durbin announced it simply as a new subnet coming to bittensor [sn64-001].","dominant_metaphor":"door","shift":""},{"era":"dtao","summary":"Through 2025 the language became scale and proof: GPU counts and tokens per day [sn64-005], product market fit and redefining decentralised compute at scale [sn64-004]. By late 2025 Chutes called itself a serverless AI infrastructure atop the Bittensor network [sn64-006] built by a decentralised collective [sn64-008], and by early 2026 the story turned to sustainability and revenue without subsidies [sn64-014]. Bittensor is named as a decentralised AI network and an ecosystem [sn64-011] [sn64-009].","dominant_metaphor":"cloud","shift":"from permissionless access to a revenue-bearing cloud"},{"era":"current","summary":"The homepage in September 2026 leads with trillions of tokens per month and the claim to be the leading open-source decentralised compute provider [sn64-012].","dominant_metaphor":"cloud","shift":"proof by volume replaces proof by novelty"}],"appearances":[{"date":"2025","title":"Bittensor's Biggest Subnet Speaks Out - Jon Durbin (Chutes) | On Chain Ep.7","outlet":"On Chain (YouTube)","url":"https://www.youtube.com/watch?v=hbdrRbtMOS0","medium":"youtube","note":"Interview with Jon Durbin; description not readable this session, no transcript"},{"date":"2025","title":"Jon Durbin: Chutes.ai, Bittensor Miner, AI Agents, Automation, Subnets | Ventura Labs Ep. 25","outlet":"Ventura Labs (YouTube)","url":"https://www.youtube.com/watch?v=ZTEvgt3_d9E","medium":"youtube","note":"Durbin on moving from mining to subnet ownership; not fetched, no transcript"},{"date":"2025-01-13","title":"S2E6 - Chutes.ai Subnet 64 w/ Namoray and Jon Durbin","outlet":"Bittensor Guru","url":"https://bittensor.guru/s2e6-chutesai-subnet-64-w-namoray-and-jon-durbin","medium":"podcast","note":"Subnet 64 built for dTAO, TAO micropayments, validation rewrite; page unreachable this session (TLS error), no transcript reached"},{"date":"2025-06","title":"Bittensor Revenue Search 06 - Jon Durbin - SN64 Chutes","outlet":"Revenue Search (YouTube)","url":"https://www.youtube.com/watch?v=qEbA0Bu_F-s","medium":"youtube","note":"Business side of Chutes; description not readable this session, no transcript"}],"coverage":{"searches_used":4,"fetches_used":16,"well_covered":["dtao era blog posts on chutes.ai/news","site and docs self-description"],"thin":["Jon Durbin's own voice: only three X posts reached via search snippets and one secondary quote","revolution era: launch week only"],"gaps":["Bittensor Guru S2E6 page failed with a TLS certificate error, so no podcast transcript","YouTube pages (Revenue Search, On Chain, Ventura Labs) returned only footer text, no descriptions","Durbin's 2026 article 'Chutes: a glance behind, and a leap ahead' was not located on chutes.ai/news; only tao.media's quotation reached","x.com posts could not be fetched directly; archive.org is blocked for this agent"],"unreachable":["https://bittensor.guru/s2e6-chutesai-subnet-64-w-namoray-and-jon-durbin","https://www.youtube.com/watch?v=qEbA0Bu_F-s","https://www.youtube.com/watch?v=hbdrRbtMOS0","https://x.com/jon_durbin/status/1869111565158654260"]},"themes":["decentralised compute","scale","permissionless entry","developers","decentralised intelligence","open source","sustainability","revenue","incentive design","miners","proof by numbers","serverless","ownership","anti-hyperscaler","collective governance","decentralisation","anti-centralisation","adoption","network usage"],"metaphors":["collective","revolution","cloud","door","ecosystem","fleet"]},{"id":"sn9","name":"IOTA (SN9)","aka":["Subnet 9","Pretraining subnet","Macrocosmos SN9","Train at Home"],"kind":"subnet","role":"Subnet team: decentralised LLM pretraining on Bittensor subnet 9","affiliation":"Macrocosmos","active_from":"2023-11","handles":{"x":"@MacrocosmosAI","github":"macrocosm-os/iota","founder_x":"@wsquires"},"subnets":[9],"one_line":"Macrocosmos's pretraining subnet, relaunched as IOTA in June 2025, which speaks in the foundation's founding-mission register and calls Bittensor an incentivisation network and a global incentives machine.","glyph":"SN9","url":"/sn/9/#says","statement_count":15,"confidence":{"verified":14,"probable":1,"unverified":0},"eras":["revolution","dtao"],"media":["article","blog","podcast","whitepaper","x"],"first_date":"2024-05-13","last_date":"2025-11-05","framework":{"foundation.mission":{"summary":"Subnet 9 is presented as the heart of Bittensor's vision and IOTA as a step toward Bittensor's original intention of a decentralised alternative to proprietary models.","statements":["sn9-001","sn9-007"]},"foundation.vision":{"summary":"The goal is a system indistinguishable for training from centralised alternatives, so anyone anywhere can help train a frontier model.","statements":["sn9-015","sn9-013"]},"foundation.values":{"summary":"Truly open: open source, open data, open models, open competition; later, permissionless joining and reward as a collective.","statements":["sn9-002","sn9-008"]},"opportunity":{"summary":"dTAO and owner alpha are read as Bittensor's edge, letting teams stay aligned with token holders instead of splitting incentives with equity.","statements":["sn9-010"]},"audience":{"summary":"Anyone with compute, anywhere, is invited to contribute to training.","statements":["sn9-013"]},"positioning.category":{"summary":"Bittensor is an incentivisation network and a global incentives machine; the subnet is a pretraining protocol.","statements":["sn9-009","sn9-012","sn9-005"]},"positioning.differentiator":{"summary":"The world's first model parallel and data parallel incentivised trustless pretraining protocol.","statements":["sn9-005","sn9-010"]},"positioning.against":{"summary":"Set against proprietary models and centralised labs.","statements":["sn9-007","sn9-015"]},"value.functional":{"summary":"World class open LLMs produced by paid competing teams, then a way to train without hosting the whole model.","statements":["sn9-002","sn9-013"]},"value.self_expressive":{"summary":"Joining means being part of a globe-spanning collective that trains a frontier model.","statements":["sn9-008","sn9-013"]},"messaging.h1":{"summary":"The world's first incentivised trustless pretraining protocol, and the claim that subnet 9 proved decentralised pretraining viable.","statements":["sn9-005","sn9-004"]},"messaging.proof":{"summary":"Proof is the August 2024 result: permissionless actors pretraining models from 700 million to 14 billion parameters above baselines.","statements":["sn9-014","sn9-004"]},"voice":{"summary":"Squires writes as a steward speaking to token holders, in a considered register about the protocol as a whole.","statements":["sn9-011","sn9-010"]},"relationship":{"summary":"Macrocosmos speaks as a multi-subnet team that sees the protocol as more than the sum of its parts and as experts in incentive design.","statements":["sn9-003","sn9-011","sn9-009"]},"language.term":{"summary":"Swarm, constellation effect, IOTA, and the commodity vocabulary borrowed from the foundation.","statements":["sn9-006","sn9-003"]},"subnet.self":{"summary":"Subnet 9 is the heart of Bittensor's vision, then the home of the first trustless swarm pretraining protocol where participants are rewarded as a collective.","statements":["sn9-001","sn9-005","sn9-006","sn9-008","sn9-015"]},"subnet.network":{"summary":"Macrocosmos speaks in the foundation's founding-mission register, calling Bittensor an incentivisation network, a global incentives machine, and a network of commodities whose edge is alignment with alpha holders.","statements":["sn9-007","sn9-009","sn9-012","sn9-003","sn9-010","sn9-011"]}},"language":{"words_used":["pretraining","incentives","trustless","permissionless","swarm","commodities","collective","alpha holders","frontier"],"words_avoided":["market for intelligence","Bitcoin of AI"],"coinages":[{"term":"IOTA","meaning":"Incentivised Orchestrated Training Architecture, the swarm pretraining protocol on subnet 9","statement":"sn9-005"},{"term":"constellation effect","meaning":"the need for many pieces of the AI process, and many commodities, for the network to be valuable","statement":"sn9-003"}]},"genealogy":[{"era":"revolution","summary":"In 2024 subnet 9 was described in the foundation's own register: the heart of Bittensor's vision [sn9-001], skilled teams competing and paid to produce truly open models [sn9-002]. Squires explained the multi-subnet strategy as a constellation effect built on commodities [sn9-003].","dominant_metaphor":"heart","shift":""},{"era":"dtao","summary":"With IOTA in mid 2025 the frame moved from competition to swarm and collective reward [sn9-006] [sn9-008], while Bittensor became an incentivisation network [sn9-009] and a global incentives machine [sn9-012]. Squires framed dTAO as Bittensor's unique edge [sn9-010] and set the north star as parity with centralised training [sn9-015].","dominant_metaphor":"swarm","shift":"from competing teams to a cooperating swarm; the network becomes an incentives machine"}],"appearances":[{"date":"2024-10-03","title":"Co-founders Will and Steffen on the Novelty Search podcast","outlet":"Novelty Search (Opentensor Foundation)","url":"https://www.youtube.com/watch?v=UM5UhZadrRQ","medium":"youtube","note":"Macrocosmos ecosystem, constellation effect; Macrocosmos posted an excerpt on its Substack, full transcript not reached"},{"date":"2024-11","title":"S2E1 - Macrocosmos.ai - Season 2 Launch Party with Steffen Cruz and Will Squires","outlet":"Bittensor Guru","url":"https://podcasts.apple.com/us/podcast/s2e1-macrocosmos-ai-season-2-launch-party-with-steffen/id1715552186?i=1000676487496","medium":"podcast","note":"Not fetched; no transcript"},{"date":"2025","title":"S2E13 Subnet 9 IOTA w/ Will and Steffen from Macrocosmos","outlet":"Bittensor Guru","url":"https://bittensor.guru/s2e13-subnet-9-iota-w-will-and-steffen-from-macrocosmos","medium":"podcast","note":"Page unreachable this session (TLS error); no transcript"},{"date":"2025-06-02","title":"Swarm Intelligence Is Reshaping How AI Gets Trained","outlet":"Forbes","url":"https://www.forbes.com/sites/torconstantino/2025/06/02/swarm-intelligence-is-reshaping-how-ai-gets-trained/","medium":"article","note":"Press piece quoting Macrocosmos on IOTA; returned 403"},{"date":"2025-11-05","title":"An Interview With Will Squires from Macrocosmos","outlet":"TaoPill","url":"https://www.taopill.ai/p/an-interview-with-will-squires-from-macrocosmos","medium":"article","note":"Written Q&A, quotes reached"}],"coverage":{"searches_used":2,"fetches_used":12,"well_covered":["dtao era Substack posts by Macrocosmos and Will Squires","the IOTA arXiv primer","the 2024 scaling post"],"thin":["podcast transcripts: none reached directly","X: one post via a search snippet","current era: only the 2026 site and Train at Home post, not quoted here"],"gaps":["Bittensor Guru S2E13 and S2E1 pages failed with a TLS error","Forbes article returned 403","x.com not fetchable; archive.org blocked","iota.macrocosmos.ai 2026 site copy ('The home of liquid training') and the February 2026 Train at Home post were read but left out to stay within 15 statements"],"unreachable":["https://bittensor.guru/s2e13-subnet-9-iota-w-will-and-steffen-from-macrocosmos","https://www.forbes.com/sites/torconstantino/2025/06/02/swarm-intelligence-is-reshaping-how-ai-gets-trained/"]},"themes":["decentralised pretraining","incentive design","permissionless entry","founding mission","multiple subnets","open source","competition","commodity markets","trustless","swarm training","anti-proprietary","collective reward","token economics","alignment","protocol","accessibility","parity with centralised labs"],"metaphors":["collective","swarm","constellation","heart","home","machine","north star"]},{"id":"sn107","name":"Minos (SN107)","aka":["MinosAI","Minos Protocol","SN107","Subnet 107"],"kind":"subnet","role":"Subnet team, MinosAI; Mamad Ahangari, Varun Goyal and Hassan Masoudi are the named authors of its research","affiliation":"MinosAI","active_from":"2026","handles":{"x":"@theminos_ai","github":"minos-protocol"},"subnets":[107],"one_line":"Genomic variant-calling subnet launched in March 2026 that turns finding DNA mutations into a 72-minute winner-take-all competition scored against synthetic genomes with hidden mutations; it calls itself the foundational layer of genomics, says accuracy is the only thing that matters, and is ranked first by emission in September 2026.","glyph":"SN107","url":"/sn/107/#says","statement_count":15,"confidence":{"verified":14,"probable":1,"unverified":0},"eras":["dtao","current"],"media":["article","docs","whitepaper","x"],"first_date":"2026-02","last_date":"2026-09","framework":{"foundation.mission":{"summary":"Turn variant calling into a decentralised competition where accuracy is continuously measured and paid for.","statements":["sn107-010","sn107-014"]},"foundation.vision":{"summary":"Five phases from tuning existing tools to a consensus caller shipped as a clinical-grade service that hospitals, biobanks and pharma can submit samples to.","statements":["sn107-015","sn107-005"]},"foundation.values":{"summary":"Accuracy is the only thing that matters; rewards are purely meritocratic; benchmarking is transparent and continuous; expert human judgment stays in charge of the science.","statements":["sn107-012","sn107-013","sn107-011","sn107-007"]},"problem.market":{"summary":"Sequencing got cheap, analysis became the bottleneck, and no variant caller is consistently the most accurate despite Google, the Broad and government money.","statements":["sn107-001","sn107-002"]},"opportunity":{"summary":"Genome costs under 200 dollars shift the bottleneck to analysis, where a competition can help.","statements":["sn107-001"]},"audience":{"summary":"Hospitals, biobanks and pharmaceutical companies as eventual customers; miners tuning GATK, DeepVariant, bcftools and freebayes today.","statements":["sn107-005","sn107-015"]},"positioning.category":{"summary":"The foundational layer of genomics; a decentralised variant-calling network and competition powered by Bittensor.","statements":["sn107-009","sn107-010","sn107-003"]},"positioning.differentiator":{"summary":"Continuous, incentive-aligned benchmarking against synthetic genomes with hidden mutations, and winner-take-all rewards.","statements":["sn107-011","sn107-004"]},"positioning.against":{"summary":"Self-reported lab accuracy and the incumbent callers from Google and the Broad Institute.","statements":["sn107-002","sn107-011"]},"value.self_expressive":{"summary":"Joining is joining a meritocracy where only accuracy counts.","statements":["sn107-013"]},"messaging.h1":{"summary":"The foundational layer of genomics.","statements":["sn107-009","sn107-010"]},"messaging.proof":{"summary":"A co-authored OpenAI field report on HelixForge, the engine that makes the subnet's challenge genomes.","statements":["sn107-006","sn107-008"]},"voice":{"summary":"Scientific-paper register with a marketing headline in capitals; the team names itself in a research paper and stays pseudonymous on the subnet.","statements":["sn107-007","sn107-008"]},"language.term":{"summary":"Winner-Take-All, HelixForge, consensus caller, challenge genome, hidden mutations.","statements":["sn107-004"]},"subnet.self":{"summary":"A 72-minute cycle in which the platform generates a synthetic genome with hidden mutations, miners submit tool configurations, validators re-run them and score with hap.py, and the most accurate miner takes all the emission.","statements":["sn107-010","sn107-004","sn107-012","sn107-014","sn107-015"]},"subnet.network":{"summary":"Bittensor is named as the thing Minos is powered by and runs on, and as decentralised, incentive-driven optimization; there is no description of the network beyond the subnet's own use of it, and the OpenAI paper omits it.","statements":["sn107-003","sn107-009","sn107-012","sn107-014"]}},"language":{"words_used":["variant calling","accuracy","decentralized competition","incentive-driven","Winner-Take-All","emissions","miners","validators","truth set","hap.py","synthetic genome","hidden mutations","meritocratic","clinical-grade","foundational layer"],"words_avoided":["TAO or alpha price","market for intelligence","Bittensor in the OpenAI paper","founder names on the subnet site"],"coinages":[{"term":"HelixForge","meaning":"The team's GPU-native engine for inserting known mutations into real sequencing reads to make challenge genomes.","statement":"sn107-006"},{"term":"the foundational layer of genomics","meaning":"The category claim for a subnet that benchmarks and eventually ships variant calling.","statement":"sn107-009"},{"term":"consensus caller","meaning":"A planned model that aggregates the best-performing miner outputs into one variant caller.","statement":"sn107-015"}]},"genealogy":[{"era":"dtao","summary":"The February 2026 whitepaper opens with the genomics bottleneck and the failure of any single tool, then gives Bittensor one sentence: a subnet for decentralised, incentive-driven optimization with winner-take-all rewards and a vision of clinical infrastructure [sn107-001] [sn107-002] [sn107-003] [sn107-004] [sn107-005].","dominant_metaphor":"bottleneck","shift":""},{"era":"current","summary":"From July 2026 the team's proof point is a co-authored OpenAI paper on HelixForge that never mentions Bittensor, while the site calls Minos the foundational layer of genomics, a decentralised competition where accuracy is the only thing that matters, powered by Bittensor [sn107-006] [sn107-008] [sn107-009] [sn107-010] [sn107-012].","dominant_metaphor":"layer","shift":"Two audiences: the scientific one hears about GPU engines and human judgment, the Bittensor one hears about a meritocratic competition; 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Full PDF read."}],"coverage":{"searches_used":3,"fetches_used":21,"well_covered":["site, docs, whitepaper and README (all 2026)","OpenAI field report case study"],"thin":["spoken voice: one podcast reported by Subnet Alpha, not located","X posts by @theminos_ai (one truncated post via a repost)","anything before February 2026, since the subnet did not exist"],"gaps":["https://x.com/theminos_ai: X did not render and web.archive.org is blocked from this session; only the truncated OpenAI announcement is recorded.","Podcast with Amad of Minos reported by Subnet Alpha: not located before the session search budget ran out.","No statement from the team about being ranked first by emission in September 2026 was found; the ranking is the caller's premise, not the team's claim.","The team's own words on why Bittensor rather than a centralised benchmark do not exist beyond the one whitepaper sentence."],"unreachable":["https://x.com/theminos_ai","https://x.com/opentensor/status/2082162531313877146","https://web.archive.org/web/2026/https://x.com/theminos_ai"]},"themes":["genomics","accuracy","incentive design","decentralised intelligence","competition","data analysis","token economics","enterprise","synthetic data","agents","expertise","research","credibility","verification","transparency","meritocracy","benchmarking","roadmap"],"metaphors":["competition","network","layer","infrastructure","bottleneck","consensus","library","winner take all"]},{"id":"sn4","name":"Targon (SN4)","aka":["Subnet 4","Manifold Labs Targon","Targon Virtual Machine"],"kind":"subnet","role":"Subnet team: confidential compute and inference market on Bittensor subnet 4","affiliation":"Manifold Labs","active_from":"2023-10","handles":{"x":"@manifoldlabs","github":"manifold-inc","ceo":"Rob Myers"},"subnets":[4],"one_line":"Manifold Labs' compute subnet, one of the first on Bittensor, which speaks in the foundation's marketplace-of-digital-commodities language, criticises the network's Python lock-in and subsidised miners, and frames its own subnet as a confidential cloud in hyperscaler territory.","glyph":"SN4","url":"/sn/4/#says","statement_count":15,"confidence":{"verified":14,"probable":1,"unverified":0},"eras":["revolution","dtao"],"media":["article","blog"],"first_date":"2024-03-18","last_date":"2025-07-28","framework":{"foundation.mission":{"summary":"Manifold says its mission is to make Bittensor a protocol that disappears into the background, and Targon a market where each miner dollar is funded by organic revenue.","statements":["sn4-005","sn4-012","sn4-003"]},"foundation.vision":{"summary":"AI infrastructure not owned by a few labs but powered by aligned contributors; a decentralised frontier AI lab.","statements":["sn4-014","sn4-006"]},"foundation.values":{"summary":"Substance behind subnets, and no free gas: subsidies invite abuse.","statements":["sn4-008","sn4-010"]},"problem.market":{"summary":"Bittensor's Python lock-in limits growth, and zero-price compute attracts abuse.","statements":["sn4-001","sn4-002","sn4-010"]},"problem.institutional":{"summary":"Many compute miners on Bittensor do not own their hardware, which Manifold treats as a structural problem.","statements":["sn4-011"]},"opportunity":{"summary":"A small window to build the first decentralised frontier AI lab.","statements":["sn4-006"]},"audience":{"summary":"Miners, and specifically mid-sized owners of hardware rather than renters.","statements":["sn4-011"]},"positioning.category":{"summary":"Bittensor is a marketplace of digital commodities; Targon is a compute marketplace with an order book.","statements":["sn4-009","sn4-013"]},"positioning.reason":{"summary":"The reason to believe is organic revenue matching miner payouts.","statements":["sn4-012"]},"positioning.against":{"summary":"Against centralised labs, hyperscalers on scale, and against Bittensor's own single-stack lock-in.","statements":["sn4-014","sn4-007","sn4-001"]},"value.functional":{"summary":"Predictable hourly compute rates set by miners.","statements":["sn4-013"]},"value.emotional":{"summary":"AI that is not gated.","statements":["sn4-015"]},"messaging.h1":{"summary":"The future of AI will not be gated, it will be incentivized.","statements":["sn4-015"]},"messaging.proof":{"summary":"Miners affording 1,400 H200s a day; the first open source networking protocol in Bittensor history.","statements":["sn4-007","sn4-004"]},"voice":{"summary":"Blunt and engineer-critical of the network's tooling, with homely analogies like the gas station.","statements":["sn4-002","sn4-010","sn4-008"]},"relationship":{"summary":"Manifold speaks as an early builder that takes the protocol's growth as its own mission.","statements":["sn4-005"]},"language.term":{"summary":"Epistula, TVM, and Order Book are Manifold's own names.","statements":["sn4-004","sn4-013"]},"subnet.self":{"summary":"Targon is a compute marketplace in hyperscaler territory that refuses free gas and aims to fund every miner dollar with revenue.","statements":["sn4-007","sn4-010","sn4-012","sn4-013","sn4-003"]},"subnet.network":{"summary":"Manifold uses the foundation's marketplace-of-digital-commodities frame for Bittensor, but pairs it with open criticism of the network's tooling and miner economics, and a vision of a decentralised frontier lab.","statements":["sn4-009","sn4-001","sn4-011","sn4-006","sn4-014","sn4-005","sn4-008"]}},"language":{"words_used":["marketplace","digital commodities","compute","miners","confidential","incentivized","organic revenue","H200s","hyperscaler"],"words_avoided":["market for intelligence","swarm","collective"],"coinages":[{"term":"Epistula","meaning":"Manifold's language-agnostic networking protocol for Bittensor","statement":"sn4-004"},{"term":"Targon Order Book","meaning":"a market mechanism where miners set ask prices for H200s","statement":"sn4-013"}]},"genealogy":[{"era":"revolution","summary":"In 2024 Manifold wrote about Bittensor as a powerful platform held back by a single Python stack [sn4-001] [sn4-002], answered with its own Go client and Epistula protocol [sn4-004], and described subnet 4's redesign in terms of incentive curves [sn4-003].","dominant_metaphor":"platform","shift":""},{"era":"dtao","summary":"In 2025 the frame widened: Manifold's mission is to make Bittensor a protocol that disappears [sn4-005] and to build the first decentralised frontier AI lab [sn4-006], while Bittensor is a marketplace of digital commodities [sn4-009] where free gas draws abuse [sn4-010] and miners should own their hardware [sn4-011]. The Series A line is that AI will be incentivized, not gated [sn4-015].","dominant_metaphor":"marketplace","shift":"from tooling critique to market economics and a lab ambition"}],"appearances":[{"date":"2024-10","title":"Ventura Labs Ep. 6 with Robert Myers, Joshua Brown and Ahmed Darwich","outlet":"Ventura Labs","url":"https://x.com/VenturaLabs/status/1852375071278457087","medium":"podcast","note":"Segments on understanding Bittensor, the vision behind Manifold, Targon; not fetched"},{"date":"2025","title":"James Woodman & Joshua Brown: Targon, Manifold Labs, Bittensor Subnet 4, Compute Markets | Ep. 53","outlet":"Ventura Labs (YouTube)","url":"https://www.youtube.com/watch?v=6I6AlTuV1rA","medium":"youtube","note":"YouTube page returned only footer text; no transcript"},{"date":"2026-03-23","title":"Decentralized Compute on Untrusted Hardware Using Intel TDX and Encrypted CVMs","outlet":"Manifold Labs and Intel whitepaper","url":"https://www.manifold.inc/releases/intel-whitepaper","medium":"whitepaper","note":"Joint whitepaper; 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centralised storage lacks transparency and exposes data to breaches.","statements":["sn75-004","sn75-006"]},"opportunity":{"summary":"The gap in the network's own stack: no storage layer before March 2025.","statements":["sn75-004"]},"audience":{"summary":"Developers who want S3 storage from any client with no wallet or KYC, and users who pay in fiat or TAO.","statements":["sn75-012","sn75-013"]},"positioning.category":{"summary":"A decentralised cloud storage platform and a Bittensor subnet for storage and compute.","statements":["sn75-003","sn75-001"]},"positioning.differentiator":{"summary":"Proof of stored data and uptime rather than raw capacity, self-healing erasure-coded storage, and an on-chain record of what was delivered.","statements":["sn75-005","sn75-014","sn75-013"]},"positioning.reason":{"summary":"Bittensor's incentive mechanism and its ledger of transactions and service delivery.","statements":["sn75-002","sn75-013"]},"positioning.against":{"summary":"Centralised storage systems and named hyperscalers: AWS, Google Cloud, any single company.","statements":["sn75-006","sn75-011"]},"value.functional":{"summary":"Secure, transparent, scalable hosting through IPFS and S3-compatible storage, files, websites and VMs, paid in fiat or TAO.","statements":["sn75-008","sn75-011","sn75-013"]},"messaging.h1":{"summary":"The solution to storage on Bittensor; transparent and decentralised cloud storage without relying on any single company.","statements":["sn75-010","sn75-014","sn75-011"]},"voice":{"summary":"Cloud-vendor marketing prose (groundbreaking, redefine, pushing the boundaries) and practical onboarding lines (no KYC, no wallet required).","statements":["sn75-007","sn75-012"]},"language.term":{"summary":"Arion, self-healing storage, hAlpha, credits; the team runs its own chain and token alongside the subnet.","statements":["sn75-014"]},"subnet.self":{"summary":"A decentralised cloud storage platform on its own Substrate chain, with miners proven by stored data and uptime, IPFS and S3-compatible front ends, and erasure-coded Arion storage; sold as cloud without AWS.","statements":["sn75-003","sn75-005","sn75-008","sn75-011","sn75-014"]},"subnet.network":{"summary":"Bittensor is the base the platform is built on and the incentive mechanism it leverages; it is also the network that lacked storage, and on the 2026 homepage a payment rail and audit trail. The 2026 docs barely name it.","statements":["sn75-002","sn75-004","sn75-009","sn75-010","sn75-013"]}},"language":{"words_used":["decentralized cloud storage","transparent","built on Bittensor","our blockchain","miners","validators","IPFS","S3-compatible","Arion","self-healing","credits","no wallet required"],"words_avoided":["Bittensor in the 2026 docs body","alpha token as a selling point","market for intelligence","AI in product copy beyond a model registry"],"coinages":[{"term":"Arion","meaning":"Hippius's erasure-coded storage layer: files split into 30 shards, any 10 reconstruct.","statement":"sn75-014"},{"term":"the solution to storage on Bittensor","meaning":"The docs tagline claiming the storage niche within the network.","statement":"sn75-010"}]},"genealogy":[{"era":"dtao","summary":"In 2025 the team wrote as a Bittensor subnet: a comprehensive subnet for storage and compute that leverages Bittensor's incentive mechanism, arriving because Bittensor lacked robust decentralised storage, with miners held to proof of stored data and uptime [sn75-001] [sn75-002] [sn75-004] [sn75-005]. The formula built on Bittensor and powered by our blockchain recurs [sn75-009].","dominant_metaphor":"platform","shift":""},{"era":"current","summary":"By 2026 the docs say Hippius is the solution to storage on Bittensor and then describe storage without AWS, Google Cloud or any single company, with sign-up by Google or GitHub and no wallet; the homepage names Bittensor as a way to pay and as the ledger that tracks service delivery [sn75-010] [sn75-011] [sn75-012] [sn75-013].","dominant_metaphor":"ledger","shift":"From subnet-first to cloud-vendor-first; Bittensor becomes a payment and audit rail behind an S3 product."}],"appearances":[{"date":"2025","title":"SN75 Hippius :: Decentralized Cloud Storage on Bittensor :: Cheaper + Faster than Datacenters","outlet":"Novelty Search (YouTube)","url":"https://www.youtube.com/watch?v=4qyWNKha7zY","medium":"youtube","note":"Team presentation; YouTube did not render and backprop.finance transcript returned 403."},{"date":"2025-09","title":"Bittensor Revenue Search 27 - Mog & Dubs - SN75 Hippius","outlet":"Bittensor Revenue Search","url":"https://www.youtube.com/watch?v=BmhMhqBE5FY","medium":"youtube","note":"Community presenters Mog and Dubs on Hippius revenue; no transcript reached."}],"coverage":{"searches_used":2,"fetches_used":24,"well_covered":["2025 forum essays","2026 docs and homepage","GitHub README"],"thin":["spoken voice: two YouTube appearances located, none transcribed","X posts","named founders: The Nerve Lab publishes no individual names; Mog and Dubs are community presenters"],"gaps":["X accounts @Hippius_cloud and the earlier @hippius_subnet: X did not render and web.archive.org is blocked from this session.","Revenue Search 27 and the Novelty Search presentation: YouTube pages did not render and backprop.finance transcripts returned 403.","The memory layer and The Brain framing reported by Scott Guttenberger on LinkedIn (June 2026) is in the author's words, not the team's, so it is noted only in lineage.","The Hippius Updates forum category held no posts."],"unreachable":["https://web.archive.org/web/2026/https://x.com/Hippius_cloud","https://backprop.finance/analytics/podcasts/BmhMhqBE5FY","https://backprop.finance/analytics/podcasts/4qyWNKha7zY","https://github.com/thenervelab/hippius","https://www.youtube.com/watch?v=4qyWNKha7zY","https://www.youtube.com/watch?v=BmhMhqBE5FY"]},"themes":["storage","ownership","incentive design","censorship resistance","transparency","compute","decentralised intelligence","competition","verification","cloud","anti-hyperscaler","adoption","developers","token economics"],"metaphors":["competition","network","platform","boundaries","future","ledger","self-healing"]},{"id":"sn62","name":"Ridges (SN62)","aka":["Ridges AI","Agentao","SN62","Subnet 62"],"kind":"subnet","role":"Subnet team; 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miners compete and collaborate; optimising for a niche is expected, hardcoding stored answers is not.","statements":["sn62-005","sn62-011","sn62-012"]},"audience":{"summary":"Two audiences in one page: customers who dispatch GitHub issues to Ridgeline, and miners who build the next generation of agents for emissions.","statements":["sn62-008","sn62-009","sn62-013"]},"positioning.category":{"summary":"A marketplace of autonomous software engineering agents, later an open source agent competition platform.","statements":["sn62-001","sn62-005"]},"positioning.differentiator":{"summary":"Unusually inspectable, with competing agent code published, and emissions split by measured improvement over the current leader.","statements":["sn62-011","sn62-010"]},"positioning.reason":{"summary":"Better coding models lead to more advanced AI.","statements":["sn62-002"]},"positioning.against":{"summary":"Human coders, whom the agents are meant to replace.","statements":["sn62-004"]},"value.functional":{"summary":"For customers, agents that fix GitHub issues unattended in a sandbox; for miners, emissions proportional to improvement.","statements":["sn62-008","sn62-006","sn62-009"]},"value.emotional":{"summary":"Control: nothing merges without your approval, just like a human developer.","statements":["sn62-013"]},"messaging.h1":{"summary":"Evolving AI agents to solve software engineering end to end; earlier, AI software engineers that fully replace human coders.","statements":["sn62-007","sn62-004"]},"voice":{"summary":"Casual founder speech about splitting steps and handoff layers; rulebook prose in the docs.","statements":["sn62-003","sn62-012"]},"language.term":{"summary":"Leader, approved agent, evaluation set, competitions and niches, Ridgeline, hardcoding.","statements":["sn62-010","sn62-012"]},"subnet.self":{"summary":"An open source competition where miners submit Python agents, validators run them in Docker sandboxes on benchmark problems, and emissions flow to approved agents by how much they beat the leader; the best agents are sold as Ridgeline.","statements":["sn62-005","sn62-006","sn62-010","sn62-008","sn62-003"]},"subnet.network":{"summary":"Bittensor appears only as the blockchain whose currency pays miners; 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The founder talked about miners specialising in steps behind a handoff layer, and the docs at the time promised AI software engineers that fully replace human coders [sn62-003] [sn62-004].","dominant_metaphor":"marketplace","shift":""},{"era":"current","summary":"By September 2026 the README calls Ridges an open source agent competition platform where miners compete and collaborate, the docs lead with evolving agents to solve software engineering end to end, and a product, Ridgeline, is sold to customers who dispatch GitHub issues [sn62-005] [sn62-007] [sn62-008]. Bittensor is mentioned only as the chain that pays emissions [sn62-009].","dominant_metaphor":"competition platform","shift":"From marketplace and replacing coders to competition platform and a product that works like a human developer; the network recedes to a payment rail."}],"appearances":[{"date":"2025","title":"Bittensor Revenue Search 19 - Shakeel Hussein - SN62 Ridges","outlet":"Bittensor Revenue Search","url":"https://www.youtube.com/watch?v=n6fIcQpQRy4","medium":"youtube","note":"Revenue-focused interview; backprop.finance analytics page blocked (403); no transcript."},{"date":"2025","title":"Bittensor Brief #6: Ridges (Subnet 62) AI Software Engineers","outlet":"Bittensor Brief","url":"https://www.youtube.com/watch?v=dPxsadRv7Io","medium":"youtube","note":"Explainer; not verified as featuring the team."},{"date":"2025-06","title":"Shakeel Hussein: Ridges AI, Bittensor AI Agents, Decentralized Software Engineering | Ep. 47","outlet":"Ventura Labs","url":"https://www.youtube.com/watch?v=TodWj5-ki_c","medium":"youtube","note":"Founder interview on agents and decentralised software engineering; 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It's an alignment technology, which then allows us to scale to this super internet scale, peer-to-peer, open source, decentralized.","context":"Same call, explaining why Bittensor copies Bitcoin's incentive design.","about":"network","slots":["positioning.reason","opportunity"],"themes":["incentive design"],"metaphors":["alignment technology"],"source":{"url":"https://podscript.ai/videos/the-bittensor-hub/ai-sessions-with-bittensor-episode-1-sept-19-2022/","medium":"youtube","title":"AI Sessions With Bittensor, Episode 1","outlet":"The Bittensor Hub (transcript on PodScript)","timestamp":"34:22","archive_url":"","transcript":"auto","host":"podscript.ai","link":"live"},"confidence":"verified","era":"nakamoto","narrator":"jacob-steeves","date_label":"19 Sep 2022","sort":"2022-09-19"},{"id":"jacob-steeves-007","date":"2022-09-19","date_precision":"day","quote":"We like to say that we're building the neural internet, because for the first time ever, we're successfully doing machine learning across thousands of individuals ... 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So if we want to connect people together, we have to bake in the incentive first, the value first.","context":"Same call, on why a token is needed before any collaboration can happen.","about":"network","slots":["positioning.reason","problem.market"],"themes":["incentive design","token economics"],"metaphors":[],"source":{"url":"https://podscript.ai/videos/the-bittensor-hub/ai-sessions-with-bittensor-episode-1-sept-19-2022/","medium":"youtube","title":"AI Sessions With Bittensor, Episode 1","outlet":"The Bittensor Hub (transcript on PodScript)","timestamp":"38:01","archive_url":"","transcript":"auto","host":"podscript.ai","link":"live"},"confidence":"verified","era":"nakamoto","narrator":"jacob-steeves","date_label":"19 Sep 2022","sort":"2022-09-19"},{"id":"jacob-steeves-009","date":"2022-09-19","date_precision":"day","quote":"This is such an expensive, but also such a valuable commodity, we require that commodification layer to allow people to really share this thing.","context":"Same call, describing machine intelligence as a commodity that needs a commodification layer.","about":"network","slots":["positioning.category","language.term"],"themes":["commodity markets"],"metaphors":["commodity"],"source":{"url":"https://podscript.ai/videos/the-bittensor-hub/ai-sessions-with-bittensor-episode-1-sept-19-2022/","medium":"youtube","title":"AI Sessions With Bittensor, Episode 1","outlet":"The Bittensor Hub (transcript on PodScript)","timestamp":"38:01","archive_url":"","transcript":"auto","host":"podscript.ai","link":"live"},"confidence":"verified","era":"nakamoto","narrator":"jacob-steeves","date_label":"19 Sep 2022","sort":"2022-09-19"},{"id":"jacob-steeves-010","date":"2022-09-19","date_precision":"day","quote":"If we want something to be aligned with us, we need to make sure that it has control over it and that control is diffused amongst humanity.","context":"Same call, answering a question about AI safety.","about":"network","slots":["foundation.values","problem.cultural"],"themes":["decentralised intelligence","ownership"],"metaphors":[],"source":{"url":"https://podscript.ai/videos/the-bittensor-hub/ai-sessions-with-bittensor-episode-1-sept-19-2022/","medium":"youtube","title":"AI Sessions With Bittensor, Episode 1","outlet":"The Bittensor Hub (transcript on PodScript)","timestamp":"43:10","archive_url":"","transcript":"auto","host":"podscript.ai","link":"live"},"confidence":"verified","era":"nakamoto","narrator":"jacob-steeves","date_label":"19 Sep 2022","sort":"2022-09-19"},{"id":"jacob-steeves-011","date":"2022-09-19","date_precision":"day","quote":"What OpenAI did, is they built a company on top of that core model.","context":"Same call, describing OpenAI's business as a company wrapped around one model.","about":"network","slots":["positioning.against"],"themes":["anti-openai"],"metaphors":[],"source":{"url":"https://podscript.ai/videos/the-bittensor-hub/ai-sessions-with-bittensor-episode-1-sept-19-2022/","medium":"youtube","title":"AI Sessions With Bittensor, Episode 1","outlet":"The Bittensor Hub (transcript on PodScript)","timestamp":"55:22","archive_url":"","transcript":"auto","host":"podscript.ai","link":"live"},"confidence":"verified","era":"nakamoto","narrator":"jacob-steeves","date_label":"19 Sep 2022","sort":"2022-09-19"},{"id":"jacob-steeves-012","date":"2022-09-19","date_precision":"day","quote":"In the core of the technology is competition. 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Join us and start building. Incentivized TAO serves as both reward for intelligence contributions and access to the network. Decentralized Structural dispersion doesn’t just improve the distribution model, it optimizes training. User-Governed The project is community-driven. 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It is simultaneously open but also anonymous, and privacy preserving so people can ... interface with compute and intelligence in an anonymous way.","context":"Same interview, on why regulation of the foundation would not stop the protocol.","about":"network","slots":["relationship","positioning.differentiator"],"themes":["censorship resistance","permissionless entry"],"metaphors":[],"source":{"url":"https://www.foxbusiness.com/technology/ex-google-employee-launches-open-sourced-ai-protocol-challenge-tech-giants","medium":"article","title":"Ex-Google employee launches open-sourced AI protocol to challenge tech giants","outlet":"Fox Business","timestamp":"","archive_url":"","transcript":"secondary","host":"foxbusiness.com","link":"live"},"confidence":"probable","era":"finney","narrator":"jacob-steeves","date_label":"18 Sep 2023","sort":"2023-09-18"},{"id":"opentensor-foundation-014","date":"2023-09-20","date_precision":"day","era":"finney","quote":"Bittensor’s currency (TAO) is a utility token designed to incentivize the production of machine intelligence. Thus, the team elected to have a fair launch — that is, no pre-mined tokens or ICOs, ensuring each TAO reflected real machine learning work. Just as Bitcoin introduced a decentralized currency free from centralized control, Bittensor promises a future of unbiased, anti-corporate intelligence.","context":"Opening of the Foundation's Medium explainer on the TAO token economy.","about":"network","slots":["foundation.values","positioning.category","messaging.proof"],"themes":["token economics","anti-centralisation"],"metaphors":["bitcoin"],"source":{"url":"https://blog.bittensor.com/tao-token-economy-explained-17a3a90cd44e","medium":"blog","title":"TAO Token Economy Explained","outlet":"Opentensor Foundation on Medium","timestamp":"","archive_url":"https://web.archive.org/web/20241209151236/https://blog.bittensor.com/tao-token-economy-explained-17a3a90cd44e","transcript":"primary","host":"blog.bittensor.com","link":"manual"},"confidence":"verified","narrator":"opentensor-foundation","date_label":"20 Sep 2023","sort":"2023-09-20"},{"id":"opentensor-foundation-015","date":"2023-09-20","date_precision":"day","era":"finney","quote":"In January 2021, the first iteration of the main Bittensor network was launched, codenamed ‘Kusanagi’. … In November 2021, Kusanagi was forked and launched under a new codename: ‘Nakamoto’. On March 20, 2023, Nakamoto was then forked one last time to address a few performance issues in the network’s kernel code - this latest iteration is affectionately named ‘Finney’.","context":"The token economy explainer giving the official names and dates of the three mainnet iterations.","about":"network","slots":["language.term","messaging.proof"],"themes":["governance"],"metaphors":[],"source":{"url":"https://blog.bittensor.com/tao-token-economy-explained-17a3a90cd44e","medium":"blog","title":"TAO Token Economy Explained","outlet":"Opentensor Foundation on Medium","timestamp":"","archive_url":"https://web.archive.org/web/20241209151236/https://blog.bittensor.com/tao-token-economy-explained-17a3a90cd44e","transcript":"primary","host":"blog.bittensor.com","link":"manual"},"confidence":"verified","narrator":"opentensor-foundation","date_label":"20 Sep 2023","sort":"2023-09-20"},{"id":"opentensor-foundation-016","date":"2023-09-20","date_precision":"day","era":"finney","quote":"Bittensor has not allocated any tokens to anyone except those who have earned TAO through participation the network. No VC, insider, advisor, etc. has ever been allocated tokens that were not earned on the network. … This will never change.","context":"The token economy explainer answering why the tokenomics are simple.","about":"network","slots":["foundation.values","positioning.against","messaging.proof"],"themes":["token economics","ownership"],"metaphors":[],"source":{"url":"https://blog.bittensor.com/tao-token-economy-explained-17a3a90cd44e","medium":"blog","title":"TAO Token Economy Explained","outlet":"Opentensor Foundation on Medium","timestamp":"","archive_url":"https://web.archive.org/web/20241209151236/https://blog.bittensor.com/tao-token-economy-explained-17a3a90cd44e","transcript":"primary","host":"blog.bittensor.com","link":"manual"},"confidence":"verified","narrator":"opentensor-foundation","date_label":"20 Sep 2023","sort":"2023-09-20"},{"id":"opentensor-foundation-017","date":"2023-09-27","date_precision":"day","era":"finney","quote":"Bittensor itself cannot have a charter. Its core technology is a consensus mechanism, which reaches agreement about how its preferences should be distributed to participants in an open and un−permissioned network. If it has preferences itself, they are openness and decentralization, which are immutably written into its code.","context":"Preamble of The Bittensor Delegates Charter on bittensor.com, signed by the Opentensor Foundation, in its earliest capture.","about":"network","slots":["foundation.values","relationship","voice"],"themes":["governance","anti-centralisation"],"metaphors":[],"source":{"url":"https://web.archive.org/web/20230927052114/https://bittensor.com/charter","medium":"other","title":"The Bittensor Delegates Charter","outlet":"bittensor.com","timestamp":"","archive_url":"https://web.archive.org/web/20230927052114/https://bittensor.com/charter","transcript":"primary","host":"web.archive.org","link":"manual"},"confidence":"verified","narrator":"opentensor-foundation","date_label":"27 Sep 2023","sort":"2023-09-27"},{"id":"opentensor-foundation-018","date":"2023-09-27","date_precision":"day","era":"finney","quote":"We believe that excessive centralization of AI poses the greatest risk to the human race, within or without Bittensor. 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Instead of easily joining or founding a closed and heavily VC-funded foundation model startup, Jake decided to commit to a different path… one that would change the course of his life and, over time, everyone else's forever.","context":"Opening of his first long blog post on Bittensor, posted the same day as a thread on X, introducing Jacob Steeves to his open source audience.","about":"network","slots":["positioning.against","relationship"],"themes":["anti-vc ai","founder story"],"metaphors":["father"],"source":{"url":"https://josephjacks.com/2024/01/12/bittensor-and-tao/","medium":"blog","title":"Bittensor and $TAO","outlet":"Joseph Jacks' Personal Blog","timestamp":"","archive_url":"","transcript":"primary","host":"josephjacks.com","link":"live"},"confidence":"verified","era":"revolution","narrator":"joseph-jacks","date_label":"12 Jan 2024","sort":"2024-01-12"},{"id":"joseph-jacks-002","date":"2024-01-12","date_precision":"day","quote":"a type of specialized blockchain engineered to scalably train and run AI models of all kinds, sizes, levels of sophistication and purpose… without censorship… without discrimination… and one of the fundamental aspects of this system would lie in how it incentivizes the production of better and better intelligences for the benefit of all species","context":"Describing what Steeves conceived in 2016, in the same blog post.","about":"network","slots":["foundation.mission","positioning.category"],"themes":["censorship resistance","incentive design","decentralised intelligence"],"metaphors":[],"source":{"url":"https://josephjacks.com/2024/01/12/bittensor-and-tao/","medium":"blog","title":"Bittensor and $TAO","outlet":"Joseph Jacks' Personal Blog","timestamp":"","archive_url":"","transcript":"primary","host":"josephjacks.com","link":"live"},"confidence":"verified","era":"revolution","narrator":"joseph-jacks","date_label":"12 Jan 2024","sort":"2024-01-12"},{"id":"joseph-jacks-003","date":"2024-01-12","date_precision":"day","quote":"A handful of very early believers like @BarrySilbert and some others invested in the project at the very early stages of its development — I personally invested in early 2023.","context":"Placing himself in the investor lineage of the project, in the same blog post.","about":"network","slots":["relationship"],"themes":["ownership","investor"],"metaphors":[],"source":{"url":"https://josephjacks.com/2024/01/12/bittensor-and-tao/","medium":"blog","title":"Bittensor and $TAO","outlet":"Joseph Jacks' Personal Blog","timestamp":"","archive_url":"","transcript":"primary","host":"josephjacks.com","link":"live"},"confidence":"verified","era":"revolution","narrator":"joseph-jacks","date_label":"12 Jan 2024","sort":"2024-01-12"},{"id":"joseph-jacks-004","date":"2024-01-12","date_precision":"day","quote":"the mission they are on is deeply profound … create robust and incorruptible systems that enable open source and permissionless AI (and AGI + ASI + whatever other goal-post-moving acronyms materialize from here) in a way that truly does ensure equal opportunity and access to the best intelligences possible in all domains.","context":"Stating the mission as he reads it, in the same blog post.","about":"network","slots":["foundation.mission","foundation.values"],"themes":["permissionless entry","open source ai","equal access"],"metaphors":[],"source":{"url":"https://josephjacks.com/2024/01/12/bittensor-and-tao/","medium":"blog","title":"Bittensor and $TAO","outlet":"Joseph Jacks' Personal Blog","timestamp":"","archive_url":"","transcript":"primary","host":"josephjacks.com","link":"live"},"confidence":"verified","era":"revolution","narrator":"joseph-jacks","date_label":"12 Jan 2024","sort":"2024-01-12"},{"id":"joseph-jacks-005","date":"2024-01-12","date_precision":"day","quote":"This last year brought on high levels of awareness and participation across a broad set of stakeholders, miners, developers, end users, speculators, analysts and researchers all working toward the same mission: make AI a sustainable common good.","context":"Naming the audiences of the network and the one line mission, in the X version of the post.","about":"network","slots":["messaging.h1","audience"],"themes":["commons","open source ai"],"metaphors":["common good"],"source":{"url":"https://x.com/JosephJacks_/status/1745884808201302513","medium":"x","title":"The AI founder I'm most inspired by","outlet":"@JosephJacks_ on X","timestamp":"","archive_url":"","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","era":"revolution","narrator":"joseph-jacks","date_label":"12 Jan 2024","sort":"2024-01-12"},{"id":"joseph-jacks-006","date":"2024-01-12","date_precision":"day","quote":"I'm extremely excited about the future of this project and this is absolutely not investment advice, but you should go out and figure out how to acquire some $TAO. 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You're welcome.","context":"LinkedIn post pointing developers at the emission budget and the size of subnet teams.","about":"network","slots":["audience","messaging.proof","opportunity"],"themes":["token economics","developer opportunity"],"metaphors":[],"source":{"url":"https://www.linkedin.com/posts/josephjacks_7200-bittensor-tao-tokens-get-emitted-to-activity-7179489687084965888-Zx18","medium":"other","title":"7,200 Bittensor $TAO tokens get emitted to the network every day","outlet":"Joseph Jacks on LinkedIn","timestamp":"","archive_url":"","transcript":"primary","host":"linkedin.com","link":"live"},"confidence":"verified","era":"revolution","narrator":"joseph-jacks","date_label":"29 Mar 2024","sort":"2024-03-29"},{"id":"keith-singery-002","date":"2024-04-06","date_precision":"day","era":"revolution","quote":"Bittensor is home to two subnets formed by members of a team that has introduced more than 150 million users to AI.","context":"His episode description for Episode 22 on Omega Labs (subnet 24) and WOMBO (subnet 30), pitching the guests by the size of their prior user base.","about":"network","slots":["messaging.proof","opportunity"],"themes":["team pedigree","adoption"],"metaphors":[],"source":{"url":"https://directory.libsyn.com/shows/view/id/6cd17825-f44d-40a8-bf0d-76fddff4634d","medium":"podcast","title":"Episode 22 - S24 Omega Labs & S30 WOMBO","outlet":"Bittensor Guru (Libsyn)","timestamp":"","archive_url":"","transcript":"show-notes","host":"directory.libsyn.com","link":"live"},"confidence":"verified","narrator":"keith-singery","date_label":"6 Apr 2024","sort":"2024-04-06"},{"id":"keith-singery-003","date":"2024-04-14","date_precision":"day","era":"revolution","quote":"Subnet 24 on Bittensor is an always-on trading competition between 200+ rotating miners brought to you by the Taoshi team.","context":"His episode description for the Proprietary Trading Network episode; the title says Subnet 8 while the description text says Subnet 24, which is how he wrote it.","about":"subnet:8","slots":["value.functional","voice"],"themes":["competition","trading"],"metaphors":["competition"],"source":{"url":"https://directory.libsyn.com/shows/view/id/6cd17825-f44d-40a8-bf0d-76fddff4634d","medium":"podcast","title":"Episode 24 - Subnet 8 Proprietary Trading Network w/ Thomas","outlet":"Bittensor Guru (Libsyn)","timestamp":"","archive_url":"","transcript":"show-notes","host":"directory.libsyn.com","link":"live"},"confidence":"verified","narrator":"keith-singery","date_label":"14 Apr 2024","sort":"2024-04-14"},{"id":"jacob-steeves-030","date":"2024-04-15","date_precision":"day","quote":"It's the most amazing feeling as a builder. 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The answer is Bitcoin used incentive mechanisms.","context":"Same feature, on the inspiration for Bittensor; Fortune reprinted this line in December 2025.","about":"network","slots":["positioning.reason","messaging.h1"],"themes":["incentive design"],"metaphors":["supercomputer"],"source":{"url":"https://fortune.com/crypto/2024/04/15/bittensor-tao-polychain-digital-currency-group-dao5-ai-bitcoin/","medium":"article","title":"VCs are pouring hundreds of millions of dollars into Bittensor, a little-known AI crypto project","outlet":"Fortune","timestamp":"","archive_url":"","transcript":"secondary","host":"fortune.com","link":"live"},"confidence":"probable","era":"revolution","narrator":"jacob-steeves","date_label":"15 Apr 2024","sort":"2024-04-15"},{"id":"jacob-steeves-033","date":"2024-04-15","date_precision":"day","quote":"It's this constant churn, a battle between the light and the dark. That's a lot of why we like Taoist symbolism.","context":"Same feature, describing miners and validators and the origin of the TAO name.","about":"network","slots":["language.term","voice"],"themes":["incentive design"],"metaphors":["light and dark"],"source":{"url":"https://fortune.com/crypto/2024/04/15/bittensor-tao-polychain-digital-currency-group-dao5-ai-bitcoin/","medium":"article","title":"VCs are pouring hundreds of millions of dollars into Bittensor, a little-known AI crypto project","outlet":"Fortune","timestamp":"","archive_url":"","transcript":"secondary","host":"fortune.com","link":"live"},"confidence":"probable","era":"revolution","narrator":"jacob-steeves","date_label":"15 Apr 2024","sort":"2024-04-15"},{"id":"jacob-steeves-034","date":"2024-04-15","date_precision":"day","quote":"The real issue is not that the AIs are going to take over the world ... It's not the iRobot outcome, it's the Elysium outcome, where humanity and the world is so centralized in terms of power, metastasized by artificial intelligence, that all of us are just but slaves effectively to these massive companies.","context":"Same feature, on what he thinks the actual AI risk is.","about":"network","slots":["problem.cultural","positioning.against"],"themes":["anti-openai","ownership"],"metaphors":["elysium"],"source":{"url":"https://fortune.com/crypto/2024/04/15/bittensor-tao-polychain-digital-currency-group-dao5-ai-bitcoin/","medium":"article","title":"VCs are pouring hundreds of millions of dollars into Bittensor, a little-known AI crypto project","outlet":"Fortune","timestamp":"","archive_url":"","transcript":"secondary","host":"fortune.com","link":"live"},"confidence":"probable","era":"revolution","narrator":"jacob-steeves","date_label":"15 Apr 2024","sort":"2024-04-15"},{"id":"keith-singery-004","date":"2024-04-15","date_precision":"day","era":"revolution","quote":"And now, with the intelligence of the people participating in the network — they are going in and pruning out the subnets that didn't really grow into an effective branch that is contributing to the overall project. Once that is done — what you'll see is an explosion of subnets on Bittensor","context":"Quoted in a Genfinity explainer where he was asked, as a validator, about subnet deregistration and where the network goes next.","about":"network","slots":["opportunity","positioning.reason","value.functional"],"themes":["subnet competition","deregistration","validator power"],"metaphors":["pruning","explosion"],"source":{"url":"https://genfinity.io/2024/04/15/navigating-tao-bittensor-revolutionizing-ai-development-on-the-blockchain/","medium":"article","title":"Navigating TAO Bittensor: Revolutionizing AI Development on the Blockchain","outlet":"Genfinity","timestamp":"","archive_url":"","transcript":"secondary","host":"genfinity.io","link":"live"},"confidence":"probable","narrator":"keith-singery","date_label":"15 Apr 2024","sort":"2024-04-15"},{"id":"opentensor-foundation-024","date":"2024-04-29","date_precision":"day","era":"revolution","quote":"The Yuma Consensus rewards subnet validators with dividends for producing miner-value evaluations that are in agreement with the subjective evaluations produced by other subnet validators, weighted by stake.","context":"The Yuma Consensus page of the official docs, last edited April 29, 2024, reached through a May 2024 capture.","about":"network","slots":["language.term","positioning.reason"],"themes":["validator power","incentive design"],"metaphors":[],"source":{"url":"https://web.archive.org/web/20240521082207/https://docs.bittensor.com/yuma-consensus","medium":"docs","title":"Yuma Consensus, docs.bittensor.com","outlet":"docs.bittensor.com","timestamp":"","archive_url":"https://web.archive.org/web/20240521082207/https://docs.bittensor.com/yuma-consensus","transcript":"primary","host":"web.archive.org","link":"manual"},"confidence":"verified","narrator":"opentensor-foundation","date_label":"29 Apr 2024","sort":"2024-04-29"},{"id":"keith-singery-005","date":"2024-05-05","date_precision":"day","era":"revolution","quote":"Bittensor Guru Episode 28 - Subnet 16 http://BitAds.ai by @firsttensor is up! S16 miners are advertising nodes … a monster idea that has much wider implications (Global Turing Test?!)","context":"His X post announcing the BitAds episode, which he quoted again the next day with audio links; reached through the fxtwitter mirror of the post.","about":"subnet:16","slots":["voice","opportunity"],"themes":["subnet use cases","advertising"],"metaphors":["turing test"],"source":{"url":"https://x.com/KeithSingery/status/1787477497430544448","medium":"x","title":"Audio links to Bittensor Guru Episode 28 (quoting his own announcement post)","outlet":"@KeithSingery on X","timestamp":"","archive_url":"https://api.fxtwitter.com/KeithSingery/status/1787477497430544448","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","narrator":"keith-singery","date_label":"5 May 2024","sort":"2024-05-05"},{"id":"keith-singery-006","date":"2024-05-08","date_precision":"day","era":"revolution","quote":"The Subvortex team joins the Bittensor Guru to share how they've increased network decentralization.","context":"His episode description for the Subnet 7 Subvortex episode.","about":"subnet:7","slots":["value.functional","foundation.values"],"themes":["decentralisation"],"metaphors":[],"source":{"url":"https://directory.libsyn.com/shows/view/id/6cd17825-f44d-40a8-bf0d-76fddff4634d","medium":"podcast","title":"Episode 29 - Subnet 7 Subvortex","outlet":"Bittensor Guru (Libsyn)","timestamp":"","archive_url":"","transcript":"show-notes","host":"directory.libsyn.com","link":"live"},"confidence":"verified","narrator":"keith-singery","date_label":"8 May 2024","sort":"2024-05-08"},{"id":"sn9-001","date":"2024-05-13","date_precision":"day","era":"revolution","quote":"The pre-training subnet (SN9), is at the heart of Bittensor's vision. Pre-training is the crucial first step in the creation of all modern AI models, where enormous amounts of data and computational power are consumed by the model in order for it to begin to understand the world.","context":"Steffen Cruz and Will Squires on the Macrocosmos Substack, announcing larger parameter counts on subnet 9.","about":"subnet:9","slots":["subnet.self","foundation.mission","subnet.network"],"themes":["decentralised pretraining","founding mission"],"metaphors":["heart"],"source":{"url":"https://macrocosmosai.substack.com/p/subnet-9-scaling-up-parameters-to","medium":"blog","title":"Subnet 9: Scaling up parameters to further Bittensor's founding mission","outlet":"Macrocosmos Substack","timestamp":"","archive_url":"","transcript":"primary","host":"macrocosmosai.substack.com","link":"live"},"confidence":"verified","narrator":"sn9","date_label":"13 May 2024","sort":"2024-05-13"},{"id":"sn9-002","date":"2024-05-13","date_precision":"day","era":"revolution","quote":"Today on SN9, the pre-training process is distributed between highly skilled teams which compete to continuously improve models and get paid to do so. As a result SN9 produces world class large language models (LLMs) that are truly open: open source, open data, open models, open competition.","context":"The same post describing how subnet 9 worked in its competition phase.","about":"subnet:9","slots":["subnet.self","foundation.values","value.functional"],"themes":["open source","competition"],"metaphors":[],"source":{"url":"https://macrocosmosai.substack.com/p/subnet-9-scaling-up-parameters-to","medium":"blog","title":"Subnet 9: Scaling up parameters to further Bittensor's founding mission","outlet":"Macrocosmos Substack","timestamp":"","archive_url":"","transcript":"primary","host":"macrocosmosai.substack.com","link":"live"},"confidence":"verified","narrator":"sn9","date_label":"13 May 2024","sort":"2024-05-13"},{"id":"opentensor-foundation-025","date":"2024-05-17","date_precision":"day","era":"revolution","quote":"Each such incentive-based competition market is called a subnet. Subnets constitute the core of the Bittensor ecosystem. … A blockchain that runs the above subnets and supports their proper functioning so that the incentive-based competition market is decentralized, is permissionless and is collusion-resistant, i.e., is resistant to market manipulation.","context":"The Introduction page of the official docs, last edited May 17, 2024, defining the three components of the ecosystem.","about":"network","slots":["language.term","positioning.differentiator"],"themes":["commodity markets","permissionless entry"],"metaphors":["market"],"source":{"url":"https://web.archive.org/web/20240528220439/https://docs.bittensor.com/learn/introduction","medium":"docs","title":"Introduction, docs.bittensor.com","outlet":"docs.bittensor.com","timestamp":"","archive_url":"https://web.archive.org/web/20240528220439/https://docs.bittensor.com/learn/introduction","transcript":"primary","host":"web.archive.org","link":"manual"},"confidence":"verified","narrator":"opentensor-foundation","date_label":"17 May 2024","sort":"2024-05-17"},{"id":"keith-singery-007","date":"2024-05-24","date_precision":"day","era":"revolution","quote":"Sturdy uses their subnet as a crowdsourced yield optimization engine.","context":"His episode description for the Subnet 10 Sturdy episode with Sam Forman.","about":"subnet:10","slots":["value.functional"],"themes":["subnet use cases","defi"],"metaphors":["engine"],"source":{"url":"https://directory.libsyn.com/shows/view/id/6cd17825-f44d-40a8-bf0d-76fddff4634d","medium":"podcast","title":"Episode 34 - S10 Sturdy w/ Sam Forman","outlet":"Bittensor Guru (Libsyn)","timestamp":"","archive_url":"","transcript":"show-notes","host":"directory.libsyn.com","link":"live"},"confidence":"verified","narrator":"keith-singery","date_label":"24 May 2024","sort":"2024-05-24"},{"id":"sn4-003","date":"2024-06-03","date_precision":"day","era":"revolution","quote":"Our aim is to move away from a plateau curve for the subnet, opting instead for an exponential curve where competition is not based on registration.","context":"Manifold Team's first monthly blog, explaining the subnet 4 redesign for Targon v2.","about":"subnet:4","slots":["subnet.self","foundation.mission"],"themes":["incentive design","competition"],"metaphors":["curve"],"source":{"url":"https://www.manifold.inc/releases/june-blog","medium":"blog","title":"June Blog","outlet":"Manifold Labs releases","timestamp":"","archive_url":"","transcript":"primary","host":"manifold.inc","link":"live"},"confidence":"verified","narrator":"sn4","date_label":"3 Jun 2024","sort":"2024-06-03"},{"id":"opentensor-foundation-026","date":"2024-06-05","date_precision":"day","era":"revolution","quote":"There is no greater story than people’s relentless and dogged endeavor to overcome repressive regimes. … centralized firms, markets and authorities are engaged in a never-ending disempowerment of human people’s autonomy. Bittensor is creating a new future for humanity, where new economies and new commodities are decentralized by design and where no single entity is a sole authority.","context":"Opening of the Bittensor Explained page on bittensor.com in June 2024; the same text is served at bittensor.com/intro in September 2026.","about":"network","slots":["problem.cultural","foundation.vision","messaging.h1"],"themes":["anti-centralisation","decentralised intelligence"],"metaphors":["repressive regime"],"source":{"url":"https://web.archive.org/web/20240605031917/https://bittensor.com/explained","medium":"other","title":"Bittensor Explained","outlet":"bittensor.com","timestamp":"","archive_url":"https://web.archive.org/web/20240605031917/https://bittensor.com/explained","transcript":"primary","host":"web.archive.org","link":"manual"},"confidence":"verified","narrator":"opentensor-foundation","date_label":"5 Jun 2024","sort":"2024-06-05"},{"id":"opentensor-foundation-027","date":"2024-06-05","date_precision":"day","era":"revolution","quote":"At the core of the Bittensor ecosystem is the production, marketing and selling of digital commodities. … Digital commodities like compute, data, storage, predictions, and models are transformed into intelligence.","context":"The Bittensor Explained page defining what the ecosystem does.","about":"network","slots":["positioning.category","language.term","foundation.mission"],"themes":["commodity markets","decentralised intelligence"],"metaphors":["commodity"],"source":{"url":"https://web.archive.org/web/20240605031917/https://bittensor.com/explained","medium":"other","title":"Bittensor Explained","outlet":"bittensor.com","timestamp":"","archive_url":"https://web.archive.org/web/20240605031917/https://bittensor.com/explained","transcript":"primary","host":"web.archive.org","link":"manual"},"confidence":"verified","narrator":"opentensor-foundation","date_label":"5 Jun 2024","sort":"2024-06-05"},{"id":"opentensor-foundation-028","date":"2024-06-05","date_precision":"day","era":"revolution","quote":"Entrepreneurs with skills and ideas will use Bittensor when they are deprived of investments from traditional sources of capital. And most important, any such entrepreneur can participate profitably and thrive in the Bittensor ecosystem.","context":"The Bittensor Explained page naming its audience.","about":"network","slots":["audience","problem.market","positioning.against"],"themes":["permissionless entry","ownership"],"metaphors":[],"source":{"url":"https://web.archive.org/web/20240605031917/https://bittensor.com/explained","medium":"other","title":"Bittensor Explained","outlet":"bittensor.com","timestamp":"","archive_url":"https://web.archive.org/web/20240605031917/https://bittensor.com/explained","transcript":"primary","host":"web.archive.org","link":"manual"},"confidence":"verified","narrator":"opentensor-foundation","date_label":"5 Jun 2024","sort":"2024-06-05"},{"id":"opentensor-foundation-029","date":"2024-06-05","date_precision":"day","era":"revolution","quote":"Or, you can be a subnet validator, find markets, enterprises, small-businesses, application developers or end-users, for these digital products, generate revenue and earn TAO. Or you can just be a subnet owner and create fertile grounds for the growth of your subnet validators and subnet miners and earn TAO. Come join us and write your own decentralized economies into existence.","context":"Closing of the Bittensor Explained page listing the roles a reader can take.","about":"network","slots":["audience","value.self_expressive","value.functional"],"themes":["permissionless entry","incentive design"],"metaphors":["garden","writing"],"source":{"url":"https://web.archive.org/web/20240605031917/https://bittensor.com/explained","medium":"other","title":"Bittensor Explained","outlet":"bittensor.com","timestamp":"","archive_url":"https://web.archive.org/web/20240605031917/https://bittensor.com/explained","transcript":"primary","host":"web.archive.org","link":"manual"},"confidence":"verified","narrator":"opentensor-foundation","date_label":"5 Jun 2024","sort":"2024-06-05"},{"id":"teng-yan-001","date":"2024-06-05","date_precision":"day","era":"revolution","quote":"a decentralised incentive network for AI models … it's horse racing for AI models. The best horse (model) gets the greatest rewards.","context":"His explainer of Bittensor for newcomers at the top of the essay Bittensor, flawed?, republished on Chain of Thought on this date after first appearing on his personal Substack in April 2024.","about":"network","slots":["positioning.category","audience"],"themes":["incentive design","competition"],"metaphors":["horse racing"],"source":{"url":"https://chainofthought.xyz/p/bittensor-flawed","medium":"blog","title":"Research: Bittensor, flawed?","outlet":"Chain of Thought","timestamp":"","archive_url":"","transcript":"primary","host":"chainofthought.xyz","link":"live"},"confidence":"verified","narrator":"teng-yan","date_label":"5 Jun 2024","sort":"2024-06-05"},{"id":"teng-yan-002","date":"2024-06-05","date_precision":"day","era":"revolution","quote":"the economic model starts to fall apart when competition extends horizontally. … having every AAPL shareholder vote on the next product","context":"His central criticism in the same essay: TAO holders and root validators cannot fairly compare value across dissimilar subnets such as text-to-speech and X-ray screening.","about":"network","slots":["problem.market","positioning.against"],"themes":["validator power","root network","token economics"],"metaphors":["shareholder vote"],"source":{"url":"https://chainofthought.xyz/p/bittensor-flawed","medium":"blog","title":"Research: Bittensor, flawed?","outlet":"Chain of Thought","timestamp":"","archive_url":"","transcript":"primary","host":"chainofthought.xyz","link":"live"},"confidence":"verified","narrator":"teng-yan","date_label":"5 Jun 2024","sort":"2024-06-05"},{"id":"teng-yan-003","date":"2024-06-05","date_precision":"day","era":"revolution","quote":"not seen Bittensor subnets achieving outcomes or capabilities that exceed those of existing open-source models","context":"From the same essay, set against Meta's open-source release of Llama 3 reaching state of the art.","about":"network","slots":["positioning.against","messaging.proof"],"themes":["open source","competition with big ai"],"metaphors":[],"source":{"url":"https://chainofthought.xyz/p/bittensor-flawed","medium":"blog","title":"Research: Bittensor, flawed?","outlet":"Chain of Thought","timestamp":"","archive_url":"","transcript":"primary","host":"chainofthought.xyz","link":"live"},"confidence":"verified","narrator":"teng-yan","date_label":"5 Jun 2024","sort":"2024-06-05"},{"id":"teng-yan-004","date":"2024-06-05","date_precision":"day","era":"revolution","quote":"7,200 TAO paid to subnet owners + miners + validators. This equates to ~$3.2 million per day or $1.2 billion annually.","context":"From the same essay, questioning whether the network generates enough value to justify its daily emission cost.","about":"network","slots":["problem.market","messaging.proof"],"themes":["token economics","emissions","sustainability"],"metaphors":[],"source":{"url":"https://chainofthought.xyz/p/bittensor-flawed","medium":"blog","title":"Research: Bittensor, flawed?","outlet":"Chain of Thought","timestamp":"","archive_url":"","transcript":"primary","host":"chainofthought.xyz","link":"live"},"confidence":"verified","narrator":"teng-yan","date_label":"5 Jun 2024","sort":"2024-06-05"},{"id":"teng-yan-005","date":"2024-06-05","date_precision":"day","era":"revolution","quote":"it is NOT open source. … What are the miners doing? What algorithms are they running? How are the final results generated?","context":"From the same essay, on transparency: decentralised is not the same as open source, and outsiders cannot see what miners run.","about":"network","slots":["foundation.values","problem.market"],"themes":["transparency","open source"],"metaphors":[],"source":{"url":"https://chainofthought.xyz/p/bittensor-flawed","medium":"blog","title":"Research: Bittensor, flawed?","outlet":"Chain of Thought","timestamp":"","archive_url":"","transcript":"primary","host":"chainofthought.xyz","link":"live"},"confidence":"verified","narrator":"teng-yan","date_label":"5 Jun 2024","sort":"2024-06-05"},{"id":"teng-yan-006","date":"2024-06-05","date_precision":"day","era":"revolution","quote":"one of the most intriguing experiments in the emerging Crypto x AI sector … must address its current challenges head-on to stand any chance of achieving real-world success—otherwise it will be lost in the graveyard of speculative hype.","context":"His conclusion to the same essay, suggesting Bittensor focus on niche areas such as crypto-specific tasks rather than compete with generalist AI.","about":"network","slots":["relationship","value.emotional","problem.institutional"],"themes":["experiment","hype","niche focus"],"metaphors":["experiment","graveyard"],"source":{"url":"https://chainofthought.xyz/p/bittensor-flawed","medium":"blog","title":"Research: Bittensor, flawed?","outlet":"Chain of Thought","timestamp":"","archive_url":"","transcript":"primary","host":"chainofthought.xyz","link":"live"},"confidence":"verified","narrator":"teng-yan","date_label":"5 Jun 2024","sort":"2024-06-05"},{"id":"keith-singery-008","date":"2024-06-10","date_precision":"day","era":"revolution","quote":"With Subnet 12 - Compute Horde recently eclipsing 1000 GPUs and breaking all known limits of subnet design.","context":"Opening line of his episode description for the Compute Horde episode with Rhef.","about":"subnet:12","slots":["messaging.proof","voice"],"themes":["compute","scale"],"metaphors":[],"source":{"url":"https://directory.libsyn.com/shows/view/id/6cd17825-f44d-40a8-bf0d-76fddff4634d","medium":"podcast","title":"Episode 35 - Subnet 12 Compute Horde w/ Rhef","outlet":"Bittensor Guru (Libsyn)","timestamp":"","archive_url":"","transcript":"show-notes","host":"directory.libsyn.com","link":"live"},"confidence":"verified","narrator":"keith-singery","date_label":"10 Jun 2024","sort":"2024-06-10"},{"id":"keith-singery-009","date":"2024-06-19","date_precision":"day","era":"revolution","quote":"Frank has been a force for good in the Bittensor ecosystem for a long time.","context":"His episode description introducing Frank from the Rizzo validator for the Subnet 20 BitAgent episode, the last of season one.","about":"network","slots":["voice","audience"],"themes":["community","validators"],"metaphors":[],"source":{"url":"https://directory.libsyn.com/shows/view/id/6cd17825-f44d-40a8-bf0d-76fddff4634d","medium":"podcast","title":"Episode 36 - Subnet 20 BitAgent w/ Frank from Rizzo Validator","outlet":"Bittensor Guru (Libsyn)","timestamp":"","archive_url":"","transcript":"show-notes","host":"directory.libsyn.com","link":"live"},"confidence":"verified","narrator":"keith-singery","date_label":"19 Jun 2024","sort":"2024-06-19"},{"id":"opentensor-foundation-030","date":"2024-07-03","date_precision":"day","era":"revolution","quote":"Bittensor Community, Contributors, and TAO Holders, Yesterday at 7:41 PM UTC, we took the decision to place the Opentensor Chain Validators behind a firewall and entered safe-mode on Subtensor due to an attack that affected multiple participants in the Bittensor community.","context":"Opening of the Foundation's community update after the July 2, 2024 wallet-draining attack traced to a malicious PyPI package.","about":"network","slots":["relationship","voice","audience"],"themes":["governance"],"metaphors":[],"source":{"url":"https://blog.bittensor.com/bittnesor-community-update-july-3-2024-45661b1d542d","medium":"blog","title":"Bittensor Community Update, July 3, 2024","outlet":"Opentensor Foundation on Medium","timestamp":"","archive_url":"https://web.archive.org/web/20250105120552/https://blog.bittensor.com/bittnesor-community-update-july-3-2024-45661b1d542d","transcript":"primary","host":"blog.bittensor.com","link":"manual"},"confidence":"verified","narrator":"opentensor-foundation","date_label":"3 Jul 2024","sort":"2024-07-03"},{"id":"jacob-steeves-035","date":"2024-07-08","date_precision":"day","quote":"This is hard problem in creating a Bittensor subnet and why I always push teams to get very specific and metric focused. You are the intelligence creating the evaluation heuristic for intelligence. The best way to do it is use machine intelligence itself.","context":"Post on X advising subnet builders on incentive design.","about":"network","slots":["audience","positioning.differentiator"],"themes":["incentive design"],"metaphors":[],"source":{"url":"https://x.com/const_reborn/status/1810381338106847557","medium":"x","title":"On evaluating intelligence in a subnet","outlet":"const on X","timestamp":"","archive_url":"","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","era":"revolution","narrator":"jacob-steeves","date_label":"8 Jul 2024","sort":"2024-07-08"},{"id":"jacob-steeves-036","date":"2024-07-08","date_precision":"day","quote":"The seesaw back and forth between using the asymmetry to create intelligence and then using that intelligence to evaluate even better intelligence is what takes us further up the ladder towards AGI and beyond.","context":"Same post, invoking the P versus NP asymmetry between checking and solving.","about":"network","slots":["foundation.vision","positioning.reason"],"themes":["decentralised intelligence"],"metaphors":["seesaw","ladder"],"source":{"url":"https://x.com/const_reborn/status/1810381338106847557","medium":"x","title":"On evaluating intelligence in a subnet","outlet":"const on X","timestamp":"","archive_url":"","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","era":"revolution","narrator":"jacob-steeves","date_label":"8 Jul 2024","sort":"2024-07-08"},{"id":"joseph-jacks-010","date":"2024-07-29","date_precision":"day","quote":"Bittensor was envisioned and founded before OpenAI.","context":"Quote post of a Jacob Steeves tweet, asserting the network's priority over the closed lab.","about":"network","slots":["positioning.against"],"themes":["anti-openai","founder story"],"metaphors":[],"source":{"url":"https://x.com/JosephJacks_/status/1817968311113760975","medium":"x","title":"Bittensor was envisioned and founded before OpenAI","outlet":"@JosephJacks_ on X","timestamp":"","archive_url":"","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","era":"revolution","narrator":"joseph-jacks","date_label":"29 Jul 2024","sort":"2024-07-29"},{"id":"mark-jeffrey-002","date":"2024-08-01","date_precision":"day","era":"revolution","quote":"00:00 Introduction and @Chamath's Mention of #Bittensor on @theallinpod ... 27:12 The $TAO hack - How? Major or minor? 33:29 The Foundation's Response and Reimbursement ... 41:52 Funding of a Bittensor Competitor 46:26 Subnets in Bittensor","context":"His chapter list for Hash Rate Ep. 64 with Joseph Jacks, recorded after the July 2024 wallet exploit and the All-In Podcast mention of Bittensor.","about":"network","slots":["problem.institutional","messaging.proof","voice"],"themes":["security","governance","mainstream attention"],"metaphors":[],"source":{"url":"https://creators.spotify.com/pod/profile/mark-jeffrey0/","medium":"podcast","title":"Hash Rate - Ep. 64: Bittensor $TAO Update","outlet":"Hash Rate (Spotify for Creators)","timestamp":"","archive_url":"","transcript":"show-notes","host":"creators.spotify.com","link":"live"},"confidence":"verified","narrator":"mark-jeffrey","date_label":"1 Aug 2024","sort":"2024-08-01"},{"id":"barry-silbert-001","date":"2024-08-07","date_precision":"day","era":"revolution","quote":"Excited to see Grayscale introducing Bittensor $TAO to the investing world","context":"X post reacting to Grayscale's announcement of a single-asset Bittensor Trust. Post text as indexed by the search engine under the direct X URL; the X page itself was not reachable in this session.","about":"network","slots":["relationship","audience","messaging.proof"],"themes":["institutional access","ownership"],"metaphors":[],"source":{"url":"https://x.com/BarrySilbert/status/1821176381616574776","medium":"x","title":"Excited to see Grayscale introducing Bittensor $TAO","outlet":"@BarrySilbert on X","timestamp":"","archive_url":"","transcript":"none","host":"x.com","link":"manual"},"confidence":"probable","narrator":"barry-silbert","date_label":"7 Aug 2024","sort":"2024-08-07"},{"id":"mark-jeffrey-003","date":"2024-08-14","date_precision":"day","era":"revolution","quote":"00:00 Introduction to Subnet 19 in BitTensor ... 32:02 Dynamic Tao (DTAO) and Subnet Value 33:04 Incentive Mechanism and Education in BitTensor 39:38 The Rise of Open-Source AI Models ... 51:24 The Unique Community and Heart of BitTensor","context":"His chapter list for Hash Rate Ep. 66 with the Subnet 19 operator, months before the dTAO upgrade shipped.","about":"subnet:19","slots":["language.term","value.emotional","audience"],"themes":["dynamic tao","community","open source"],"metaphors":[],"source":{"url":"https://creators.spotify.com/pod/profile/mark-jeffrey0/","medium":"podcast","title":"Hash Rate - Ep. 66: Bittensor AI Subnet 19","outlet":"Hash Rate (Spotify for Creators)","timestamp":"","archive_url":"","transcript":"show-notes","host":"creators.spotify.com","link":"live"},"confidence":"verified","narrator":"mark-jeffrey","date_label":"14 Aug 2024","sort":"2024-08-14"},{"id":"joseph-jacks-011","date":"2024-08-31","date_precision":"day","quote":"The number (15+) of Bittensor-dedicated startups is growing exponentially 📈 … ! How many Bittensor competitors can remotely boast the same? Zero.","context":"Post on X listing fifteen subnet and tooling teams as evidence of ecosystem growth.","about":"network","slots":["messaging.proof","positioning.differentiator"],"themes":["ecosystem growth","competition"],"metaphors":[],"source":{"url":"https://x.com/JosephJacks_/status/1829755367825555894","medium":"x","title":"The number (15+) of Bittensor-dedicated startups is growing exponentially","outlet":"@JosephJacks_ on X","timestamp":"","archive_url":"","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","era":"revolution","narrator":"joseph-jacks","date_label":"31 Aug 2024","sort":"2024-08-31"},{"id":"mark-jeffrey-004","date":"2024-09","date_precision":"month","era":"revolution","quote":"Bittensor TAO is probably the most interesting thing in BOTH crypto and AI afoot right now. The coin nearly doubled in value last week: Bitcoin economics + open AI subnetworks = 'actual' OpenAI -- the 'Linux' of the space. Now ReadyAI -- a subnet -- is attacking Scale.AI and making dents already.","context":"A LinkedIn post to a general professional audience, announcing his coming interview with the ReadyAI CEO; the post date is decoded from the LinkedIn activity id.","about":"network","slots":["positioning.category","positioning.against","messaging.h1"],"themes":["decentralised intelligence","anti-openai","open source"],"metaphors":["linux","actual openai"],"source":{"url":"https://www.linkedin.com/posts/markjeffrey_bittensor-tao-is-probably-the-most-interesting-activity-7244552312008892418-wldd","medium":"other","title":"Bittensor TAO is probably the most interesting thing in BOTH crypto and AI afoot right now","outlet":"Mark Jeffrey on LinkedIn","timestamp":"","archive_url":"","transcript":"primary","host":"linkedin.com","link":"live"},"confidence":"verified","narrator":"mark-jeffrey","date_label":"Sep 2024","sort":"2024-09-01"},{"id":"sn34-001","date":"2024-09-02","date_precision":"day","era":"revolution","quote":"Deepfake detection is one of the toughest challenges in computer vision because different generative models create various types of fake images or videos","context":"The team's August 2024 recap on the BitMindAI Medium publication, explaining the problem after the subnet's first weeks on mainnet; reached through a text proxy because Medium blocks direct fetches.","about":"subnet:34","slots":["problem.market","subnet.self"],"themes":["deepfakes","adversarial ai"],"metaphors":[],"source":{"url":"https://medium.com/bitmindlabs/bitmind-subnet-34-august-2024-recap-06e90d13ec5b","medium":"blog","title":"BitMind Subnet 34 — August 2024 Recap","outlet":"BitMindAI on Medium","timestamp":"","archive_url":"","transcript":"primary","host":"medium.com","link":"manual"},"confidence":"verified","narrator":"sn34","date_label":"2 Sep 2024","sort":"2024-09-02"},{"id":"sn34-002","date":"2024-09-02","date_precision":"day","era":"revolution","quote":"BitMind's decentralized architecture is well-suited to this problem. By leveraging a network of diverse models and miners, we can continuously adapt and improve deepfake detection methods","context":"Same August 2024 recap, giving the reason a subnet fits the problem.","about":"subnet:34","slots":["subnet.self","positioning.differentiator","positioning.reason"],"themes":["decentralised intelligence","adaptation"],"metaphors":["network"],"source":{"url":"https://medium.com/bitmindlabs/bitmind-subnet-34-august-2024-recap-06e90d13ec5b","medium":"blog","title":"BitMind Subnet 34 — August 2024 Recap","outlet":"BitMindAI on Medium","timestamp":"","archive_url":"","transcript":"primary","host":"medium.com","link":"manual"},"confidence":"verified","narrator":"sn34","date_label":"2 Sep 2024","sort":"2024-09-02"},{"id":"sn34-003","date":"2024-09-02","date_precision":"day","era":"revolution","quote":"The incentive mechanism we implemented has effectively rewarded accurate deepfake detection models while mitigating malicious gaming","context":"Same August 2024 recap, reporting on the first month of mining, alongside a note about organic innovation from miners outperforming the base model.","about":"subnet:34","slots":["messaging.proof","subnet.self"],"themes":["incentive design","anti-gaming"],"metaphors":[],"source":{"url":"https://medium.com/bitmindlabs/bitmind-subnet-34-august-2024-recap-06e90d13ec5b","medium":"blog","title":"BitMind Subnet 34 — August 2024 Recap","outlet":"BitMindAI on Medium","timestamp":"","archive_url":"","transcript":"primary","host":"medium.com","link":"manual"},"confidence":"verified","narrator":"sn34","date_label":"2 Sep 2024","sort":"2024-09-02"},{"id":"sn4-004","date":"2024-09-05","date_precision":"day","era":"revolution","quote":"Introducing Epistula v2: The first truly open source networking protocol in Bittensor history, designed for secure, efficient, and language-agnostic communication.","context":"Manifold Labs release note for Epistula, as listed on its releases index.","about":"network","slots":["subnet.network","messaging.proof","language.term"],"themes":["developer tooling","open source"],"metaphors":[],"source":{"url":"https://www.manifold.inc/releases/","medium":"blog","title":"Epistula Release","outlet":"Manifold Labs releases","timestamp":"","archive_url":"","transcript":"primary","host":"manifold.inc","link":"live"},"confidence":"verified","narrator":"sn4","date_label":"5 Sep 2024","sort":"2024-09-05"},{"id":"barry-silbert-002","date":"2024-09-19","date_precision":"day","era":"revolution","quote":"It is going to surprise a lot of people and will be obvious in hindsight","context":"X post on Bittensor as TAO rallied ahead of its smart contract launch, quoted by The Defiant; the post id is 1836818543696031819.","about":"network","slots":["value.emotional","messaging.h1","voice"],"themes":["early adoption"],"metaphors":["hindsight"],"source":{"url":"https://thedefiant.io/news/blockchains/bittensor-s-tao-rallies-ahead-of-smart-contracts-launch","medium":"article","title":"Bittensor's TAO Rallies Ahead of Smart Contracts Launch (quoting an X post)","outlet":"The Defiant","timestamp":"","archive_url":"","transcript":"secondary","host":"thedefiant.io","link":"live"},"confidence":"probable","narrator":"barry-silbert","date_label":"19 Sep 2024","sort":"2024-09-19"},{"id":"joseph-jacks-012","date":"2024-09-25","date_precision":"day","quote":"Pack it up folks. Bittensor is a scam. Looks too much like Bitcoin. 😬","context":"Sarcastic quote post replying to @defi_mochi, who had argued that half of circulating supply would hit the market within a year.","about":"network","slots":["voice","positioning.against"],"themes":["token economics","critics"],"metaphors":["bitcoin"],"source":{"url":"https://x.com/JosephJacks_/status/1838733222177632745","medium":"x","title":"Pack it up folks. Bittensor is a scam.","outlet":"@JosephJacks_ on X","timestamp":"","archive_url":"","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","era":"revolution","narrator":"joseph-jacks","date_label":"25 Sep 2024","sort":"2024-09-25"},{"id":"joseph-jacks-013","date":"2024-10-01","date_precision":"day","quote":"We invest in open source startups exclusively. We're not really a crypto or Web 3 or like blockchain investor.","context":"Answering Laura Shin's opening question about what OSS Capital is, on Unchained with Sami Kassab.","about":"network","slots":["relationship"],"themes":["open source","investor"],"metaphors":[],"source":{"url":"https://podscripts.co/podcasts/unchained/could-bittensor-end-up-being-the-only-cryptoai-project-that-matters-ep-712","medium":"podcast","title":"Could Bittensor End Up Being the Only Crypto/AI Project That Matters? (Ep. 712)","outlet":"Unchained with Laura Shin","timestamp":"00:02:46","archive_url":"","transcript":"auto","host":"podscripts.co","link":"live"},"confidence":"verified","era":"revolution","narrator":"joseph-jacks","date_label":"1 Oct 2024","sort":"2024-10-01"},{"id":"joseph-jacks-014","date":"2024-10-01","date_precision":"day","quote":"I learned about BitTensor early last year, January, February timeframe. And initially was very skeptical of BitTenser, I think, as most kind of non-crypto, non-blockchain native people tend to be","context":"Asked on Unchained how OSS Capital came to the project; wording as rendered by the auto transcript.","about":"network","slots":["relationship"],"themes":["investor","skepticism"],"metaphors":[],"source":{"url":"https://podscripts.co/podcasts/unchained/could-bittensor-end-up-being-the-only-cryptoai-project-that-matters-ep-712","medium":"podcast","title":"Could Bittensor End Up Being the Only Crypto/AI Project That Matters? 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Ultimately, the network needs lots of these commodities to be super valuable. And so we saw a lot of harmony between building more than one of them","context":"Will Squires on the Novelty Search podcast, as excerpted by Macrocosmos on its own Substack, explaining why the team runs several subnets.","about":"network","slots":["subnet.network","relationship","language.term"],"themes":["commodity markets","multiple subnets"],"metaphors":["constellation"],"source":{"url":"https://macrocosmosai.substack.com/p/watch-co-founders-will-and-steffen-ed3","medium":"podcast","title":"Co-founders Will and Steffen discuss the Macrocosmos Ecosystem on the Novelty Search podcast","outlet":"Novelty Search (Opentensor Foundation), via Macrocosmos Substack","timestamp":"","archive_url":"","transcript":"show-notes","host":"macrocosmosai.substack.com","link":"live"},"confidence":"verified","narrator":"sn9","date_label":"3 Oct 2024","sort":"2024-10-03"},{"id":"mark-jeffrey-006","date":"2024-10-07","date_precision":"day","era":"revolution","quote":"Great analysis of $TAO in this morning's @arca newsletter …I'm starting to think (like @DavFields said on the last Hash Rate) — that: $TAO may be the 'Third Great Coin' alongside Bitcoin and Ethereum. The intersecting flywheels of PoW PLUS required staking for…","context":"An X post reacting to an Arca newsletter as TAO neared its all-time high; reached only through a Binance Square article that embeds the post, so the wording is the embed's truncated text.","about":"network","slots":["positioning.category","positioning.reason"],"themes":["token economics","proof of work","staking"],"metaphors":["third great coin"],"source":{"url":"https://www.binance.com/en-TR/square/post/14608376582329","medium":"x","title":"Expert Says Bittensor (TAO) May Be the 'Third Great Coin' Alongside Bitcoin and Ethereum","outlet":"CaptainAltcoin on Binance Square, embedding @markjeffrey","timestamp":"","archive_url":"","transcript":"secondary","host":"binance.com","link":"live"},"confidence":"probable","narrator":"mark-jeffrey","date_label":"7 Oct 2024","sort":"2024-10-07"},{"id":"mark-jeffrey-007","date":"2024-10-10","date_precision":"day","era":"revolution","quote":"$TAO is up 130% this month. Why? And what's next? ... 02:56 Understanding Proof of Work and BitTensor's Unique Approach 06:09 The Evolution of BitTensor: From Single Network to Subnets ... 14:59 Monetization and the Duality of Capitalism in BitTensor 18:07 Comparing BitTensor to Bitcoin Mining ... 42:20 The Future of TAO and Its Market Potential","context":"His show notes for Hash Rate Ep. 75 with Joseph Jacks during the October 2024 rally.","about":"network","slots":["messaging.proof","positioning.reason","positioning.category"],"themes":["proof of work","token economics","capitalism"],"metaphors":["bitcoin mining"],"source":{"url":"https://creators.spotify.com/pod/profile/mark-jeffrey0/","medium":"podcast","title":"Hash Rate - Ep. 75: Bittensor Bull Vibes $TAO +130%","outlet":"Hash Rate (Spotify for Creators)","timestamp":"","archive_url":"","transcript":"show-notes","host":"creators.spotify.com","link":"live"},"confidence":"verified","narrator":"mark-jeffrey","date_label":"10 Oct 2024","sort":"2024-10-10"},{"id":"mark-jeffrey-008","date":"2024-10-17","date_precision":"day","era":"revolution","quote":"17:52 Bittensor's Structure and Incentive Mechanisms ... 32:27 Monetizing AI Commodities: The Paywall Dilemma ... 38:07 The Dream Scenario: Partnerships with Big Tech 41:06 Competing with Centralized AI Giants ... 46:24 Dynamic Tao: A Marketplace for Subnet Rewards 56:26 The Future of dTao and Market Forces","context":"His show notes on X for the BitMind (Subnet 34) episode, four months before dTAO went live.","about":"network","slots":["language.term","positioning.against","problem.market"],"themes":["dynamic tao","commodity markets","monetisation"],"metaphors":["marketplace"],"source":{"url":"https://x.com/markjeffrey/status/1847083010518360268","medium":"x","title":"Hash Rate - Ep. 76: BitMind Deepfake Detection $TAO","outlet":"Mark Jeffrey on X (Hash Rate)","timestamp":"","archive_url":"","transcript":"show-notes","host":"x.com","link":"manual"},"confidence":"verified","narrator":"mark-jeffrey","date_label":"17 Oct 2024","sort":"2024-10-17"},{"id":"jacob-steeves-037","date":"2024-11-07","date_precision":"day","quote":"Subnet 32 on Bittensor beats all AI detection methods.","context":"Post on X promoting a subnet's benchmark result.","about":"subnet:32","slots":["messaging.proof"],"themes":["decentralised intelligence"],"metaphors":[],"source":{"url":"https://x.com/const_reborn/status/1854654989869736184","medium":"x","title":"Subnet 32 beats all AI detection methods","outlet":"const on X","timestamp":"","archive_url":"","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","era":"revolution","narrator":"jacob-steeves","date_label":"7 Nov 2024","sort":"2024-11-07"},{"id":"keith-singery-010","date":"2024-11-11","date_precision":"day","era":"revolution","quote":"We're back baby! Season 2 of the Bittensor Guru is finally here and we're dropping the first episode.","context":"His episode description for the Season 2 launch with Macrocosmos after a five-month break.","about":"network","slots":["voice"],"themes":["community"],"metaphors":[],"source":{"url":"https://directory.libsyn.com/shows/view/id/6cd17825-f44d-40a8-bf0d-76fddff4634d","medium":"podcast","title":"S2E1 - Macrocosmos.ai - Season 2 Launch Party","outlet":"Bittensor Guru (Libsyn)","timestamp":"","archive_url":"","transcript":"show-notes","host":"directory.libsyn.com","link":"live"},"confidence":"verified","narrator":"keith-singery","date_label":"11 Nov 2024","sort":"2024-11-11"},{"id":"sn34-006","date":"2024-11-12","date_precision":"day","era":"revolution","quote":"Subnet 34 has transformed from a distributed inference network into GAS, a self-sustaining Generative Adversarial Engine that co-evolves detectors, generators, benchmarks, and data in a single, incentive-aligned loop.","context":"Ken Jon Miyachi's post on the BitMind blog announcing the GAS redesign of the subnet.","about":"subnet:34","slots":["subnet.self","language.term","positioning.category"],"themes":["adversarial ai","incentive design"],"metaphors":["engine","co-evolution"],"source":{"url":"https://bitmind.ai/blog/gas-subnet-34-generative-adversarial-engine","medium":"blog","title":"GAS: Subnet 34 Becomes a Generative Adversarial Engine","outlet":"BitMind blog","timestamp":"","archive_url":"","transcript":"primary","host":"bitmind.ai","link":"live"},"confidence":"verified","narrator":"sn34","date_label":"12 Nov 2024","sort":"2024-11-12"},{"id":"sn34-007","date":"2024-11-12","date_precision":"day","era":"revolution","quote":"The long-term goal is simple: turn SN34 into the default engine for trustworthy AIGC detection, an open network that continuously produces verifiable models and delivers them securely through private, production-ready infrastructure.","context":"Closing goal in Ken Jon Miyachi's GAS post; the same post lists mining cost, denial-of-service attacks and data privacy as reasons for moving from live miner endpoints to model submission.","about":"subnet:34","slots":["foundation.vision","subnet.self","messaging.h1"],"themes":["verification","open source","enterprise"],"metaphors":["engine"],"source":{"url":"https://bitmind.ai/blog/gas-subnet-34-generative-adversarial-engine","medium":"blog","title":"GAS: Subnet 34 Becomes a Generative Adversarial Engine","outlet":"BitMind blog","timestamp":"","archive_url":"","transcript":"primary","host":"bitmind.ai","link":"live"},"confidence":"verified","narrator":"sn34","date_label":"12 Nov 2024","sort":"2024-11-12"},{"id":"ala-shaabana-025","date":"2024-11-15","date_precision":"day","era":"revolution","quote":"as Bittensor continues to scale, the community must further accelerate progress by expanding resources and capabilities, and most importantly, decentralizing away from the Opentensor Foundation and into the world","context":"Medium post announcing Crucible Labs as a validator working in parallel to the foundation; the page returned 403 and this wording comes from a search engine excerpt of it.","about":"network","slots":["relationship","foundation.vision"],"themes":["governance","validator power"],"metaphors":[],"source":{"url":"https://medium.com/@shaabana/new-beginnings-enter-the-crucible-0a97f4e73545","medium":"blog","title":"New Beginnings: Enter the Crucible","outlet":"Ala Shaabana on Medium","timestamp":"","archive_url":"","transcript":"secondary","host":"medium.com","link":"manual"},"confidence":"unverified","narrator":"ala-shaabana","date_label":"15 Nov 2024","sort":"2024-11-15"},{"id":"barry-silbert-003","date":"2024-11-20","date_precision":"day","era":"revolution","quote":"Just like the early days of Bitcoin, which fueled the development of a new form of transparent, borderless money, we're moving from the digital ownership of assets to the decentralized ownership of intelligence.","context":"Silbert's statement in the DCG press release announcing Yuma, quoted in Fortune's launch story by Jeff John Roberts.","about":"network","slots":["foundation.vision","positioning.category","messaging.h1"],"themes":["decentralised intelligence","ownership"],"metaphors":["early bitcoin"],"source":{"url":"https://fortune.com/crypto/2024/11/20/decentralized-ai-yuma-bittensor-bcg-barry-silbert/","medium":"article","title":"Bitcoin billionaire Barry Silbert talks about his next big bet, on 'decentralized AI'","outlet":"Fortune","timestamp":"","archive_url":"","transcript":"secondary","host":"fortune.com","link":"live"},"confidence":"probable","narrator":"barry-silbert","date_label":"20 Nov 2024","sort":"2024-11-20"},{"id":"barry-silbert-004","date":"2024-11-20","date_precision":"day","era":"revolution","quote":"blockchain scares people away","context":"To Fortune, explaining why Yuma plays down the crypto side of its pitch even though TAO incentives sit at the centre of Bittensor.","about":"network","slots":["audience","language.term","voice"],"themes":["enterprise adoption"],"metaphors":[],"source":{"url":"https://fortune.com/crypto/2024/11/20/decentralized-ai-yuma-bittensor-bcg-barry-silbert/","medium":"article","title":"Bitcoin billionaire Barry Silbert talks about his next big bet, on 'decentralized AI'","outlet":"Fortune","timestamp":"","archive_url":"","transcript":"secondary","host":"fortune.com","link":"live"},"confidence":"probable","narrator":"barry-silbert","date_label":"20 Nov 2024","sort":"2024-11-20"},{"id":"barry-silbert-005","date":"2024-11-20","date_precision":"day","era":"revolution","quote":"If you ask five people: 'What is Bittensor?' You will get five different answers. If you remember early bitcoin, some people would say it's money, some people would say it's gold. Some people would say it's this blockchain [...] The way that I look at Bittensor is as the World Wide Web of AI.","context":"Interview with CoinDesk's Ian Allison on the day Yuma launched, asked what Bittensor is.","about":"network","slots":["positioning.category","messaging.h1","language.term"],"themes":["decentralised intelligence"],"metaphors":["world wide web","early bitcoin"],"source":{"url":"https://www.coindesk.com/business/2024/11/20/digital-currency-groups-barry-silbert-bets-big-on-ai-blockchain-bittensor","medium":"article","title":"Digital Currency Group's Barry Silbert Bets Big on AI Blockchain Bittensor","outlet":"CoinDesk","timestamp":"","archive_url":"","transcript":"secondary","host":"coindesk.com","link":"live"},"confidence":"probable","narrator":"barry-silbert","date_label":"20 Nov 2024","sort":"2024-11-20"},{"id":"barry-silbert-006","date":"2024-11-20","date_precision":"day","era":"revolution","quote":"There are two flavors of subnet partnerships. 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But this is a happy day. Am immensely important milestone. Bitcoin is the MOTHER of Bittensor.","context":"Post on X on the day Bitcoin first crossed $100,000.","about":"network","slots":["relationship","positioning.category","voice"],"themes":["bitcoin lineage","proof of useful work"],"metaphors":["mother"],"source":{"url":"https://x.com/JosephJacks_/status/1864507868579549396","medium":"x","title":"Bitcoin is the MOTHER of Bittensor","outlet":"@JosephJacks_ on X","timestamp":"","archive_url":"","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","era":"revolution","narrator":"joseph-jacks","date_label":"5 Dec 2024","sort":"2024-12-05"},{"id":"barry-silbert-008","date":"2024-12-13","date_precision":"day","era":"revolution","quote":"AI Agents + Bittensor $TAO, brought to you by Masa & @YumaGroup","context":"X post promoting a Masa and Yuma agent subnet collaboration. 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primary not reached.","about":"subnet:62","slots":["foundation.vision","positioning.reason"],"themes":["agents","agi"],"metaphors":["path"],"source":{"url":"https://subnetalpha.ai/subnet/ridgesai/","medium":"other","title":"Ridges AI - Subnet Alpha","outlet":"Subnet Alpha","timestamp":"","archive_url":"","transcript":"secondary","host":"subnetalpha.ai","link":"live"},"confidence":"probable","narrator":"sn62","date_label":"2025","sort":"2025-01-01"},{"id":"sn75-001","date":"2025","date_precision":"year","era":"dtao","quote":"A comprehensive Bittensor subnet providing distributed storage, compute, and blockchain management capabilities.","context":"Repository description of thenervelab/thebrain, the Hippius chain codebase, read 15 September 2026; the repository dates from the 2025 launch.","about":"subnet:75","slots":["subnet.self","positioning.category"],"themes":["storage","compute"],"metaphors":[],"source":{"url":"https://github.com/thenervelab/thebrain","medium":"docs","title":"thenervelab/thebrain README","outlet":"The Nerve Lab GitHub","timestamp":"","archive_url":"","transcript":"primary","host":"github.com","link":"live"},"confidence":"verified","narrator":"sn75","date_label":"2025","sort":"2025-01-01"},{"id":"sn75-002","date":"2025","date_precision":"year","era":"dtao","quote":"Hippius is a Bittensor subnet that enables decentralized file storage and computation across the network. 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But its token price has languished, hovering at the same level as a year ago despite all the frenzy around AI.","context":"From his annual outlook essay, in the section on what to watch in Crypto x AI for 2025.","about":"network","slots":["positioning.differentiator","voice","problem.market"],"themes":["longevity","price"],"metaphors":["og"],"source":{"url":"https://chainofthought.xyz/p/what-i-m-watching-in-2025","medium":"blog","title":"What I'm Watching in 2025","outlet":"Chain of Thought","timestamp":"","archive_url":"","transcript":"primary","host":"chainofthought.xyz","link":"live"},"confidence":"verified","narrator":"teng-yan","date_label":"8 Jan 2025","sort":"2025-01-08"},{"id":"teng-yan-008","date":"2025-01-08","date_precision":"day","era":"revolution","quote":"Beneath the surface, this 'digital hive mind' has quietly made leaps: more subnets with lower registration fees, subnets that are outperforming their Web2 counterparts in real metrics like inference speed, and EVM compatibility that introduces DeFi-like features onto Bittensor's network.","context":"From the same outlook, listing what changed in 2024 while price stood still; the hive mind phrase is in his scare quotes.","about":"network","slots":["messaging.proof","opportunity"],"themes":["subnet growth","inference","evm"],"metaphors":["hive mind"],"source":{"url":"https://chainofthought.xyz/p/what-i-m-watching-in-2025","medium":"blog","title":"What I'm Watching in 2025","outlet":"Chain of Thought","timestamp":"","archive_url":"","transcript":"primary","host":"chainofthought.xyz","link":"live"},"confidence":"verified","narrator":"teng-yan","date_label":"8 Jan 2025","sort":"2025-01-08"},{"id":"teng-yan-009","date":"2025-01-08","date_precision":"day","era":"revolution","quote":"So, why hasn't TAO soared? A steep inflation schedule and the shift in attention toward agent-oriented platforms have held it back.","context":"From the same outlook, giving his explanation for the flat price.","about":"network","slots":["problem.market"],"themes":["token economics","inflation","attention"],"metaphors":[],"source":{"url":"https://chainofthought.xyz/p/what-i-m-watching-in-2025","medium":"blog","title":"What I'm Watching in 2025","outlet":"Chain of Thought","timestamp":"","archive_url":"","transcript":"primary","host":"chainofthought.xyz","link":"live"},"confidence":"verified","narrator":"teng-yan","date_label":"8 Jan 2025","sort":"2025-01-08"},{"id":"teng-yan-010","date":"2025-01-08","date_precision":"day","era":"revolution","quote":"However, dTAO (estimated Q1 2025) could be the big turning point. … dTAO ties block rewards directly to innovation and actual measurable performance. 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This layer has already surpassed critical mass adoption by builders. 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Instead, TAO emissions now flow through a market-driven system using subnet tokens.","context":"From his guide to dynamic TAO published a week after the upgrade, explaining the change to readers without formulas.","about":"network","slots":["positioning.differentiator","audience"],"themes":["dtao","validator power","market allocation"],"metaphors":["market"],"source":{"url":"https://chainofthought.xyz/p/your-guide-to-dynamic-tao-dtao","medium":"blog","title":"Your Guide to Dynamic TAO (dTAO)","outlet":"Chain of Thought","timestamp":"","archive_url":"https://x.com/0xPrismatic/status/1893126226681942257","transcript":"primary","host":"chainofthought.xyz","link":"live"},"confidence":"verified","narrator":"teng-yan","date_label":"21 Feb 2025","sort":"2025-02-21"},{"id":"teng-yan-012","date":"2025-02-21","date_precision":"day","era":"dtao","quote":"the same pricing mechanism used in Uniswap. … When people say they're 'buying' or 'selling' subnet tokens, they're actually just staking or unstaking TAO into subnet pools.","context":"From the same guide, correcting a common newcomer misconception about alpha tokens and constant-product pools.","about":"network","slots":["language.term","audience"],"themes":["alpha tokens","staking","amm"],"metaphors":["uniswap"],"source":{"url":"https://chainofthought.xyz/p/your-guide-to-dynamic-tao-dtao","medium":"blog","title":"Your Guide to Dynamic TAO (dTAO)","outlet":"Chain of Thought","timestamp":"","archive_url":"","transcript":"primary","host":"chainofthought.xyz","link":"live"},"confidence":"verified","narrator":"teng-yan","date_label":"21 Feb 2025","sort":"2025-02-21"},{"id":"teng-yan-013","date":"2025-02-21","date_precision":"day","era":"dtao","quote":"Switching to an Alpha-based staking model introduces a new set of risks. … a bad actor could swoop in, buy up cheap Alpha, and use it to manipulate emissions.","context":"From the same guide, on the risks that replace the old validator conflicts of interest.","about":"network","slots":["problem.market"],"themes":["manipulation","alpha tokens","risk"],"metaphors":[],"source":{"url":"https://chainofthought.xyz/p/your-guide-to-dynamic-tao-dtao","medium":"blog","title":"Your Guide to Dynamic TAO (dTAO)","outlet":"Chain of Thought","timestamp":"","archive_url":"","transcript":"primary","host":"chainofthought.xyz","link":"live"},"confidence":"verified","narrator":"teng-yan","date_label":"21 Feb 2025","sort":"2025-02-21"},{"id":"teng-yan-014","date":"2025-02-21","date_precision":"day","era":"dtao","quote":"dTAO is a major step in the right direction … the start of a Bittensor renaissance, one that plays out over years. … forcing everyone to finally pay attention—not just to TAO, but to what each subnet is actually building.","context":"His verdict at the end of the guide, with a disclosure that he holds TAO and several subnet alpha tokens.","about":"network","slots":["opportunity","messaging.h1","relationship"],"themes":["dtao","subnets","attention"],"metaphors":["renaissance"],"source":{"url":"https://chainofthought.xyz/p/your-guide-to-dynamic-tao-dtao","medium":"blog","title":"Your Guide to Dynamic TAO (dTAO)","outlet":"Chain of Thought","timestamp":"","archive_url":"","transcript":"primary","host":"chainofthought.xyz","link":"live"},"confidence":"verified","narrator":"teng-yan","date_label":"21 Feb 2025","sort":"2025-02-21"},{"id":"teng-yan-015","date":"2025-02-22","date_precision":"day","era":"dtao","quote":"This changes everything. And you need to pay attention. Let me help you understand what's happening with this historic shift in the most important Crypto AI protocol today.","context":"The lead text attached to his X post sharing the dTAO guide under the title Dynamic TAO: Your No-Nonsense Guide; read through the fxtwitter mirror, where it appears as the article card.","about":"network","slots":["messaging.h1","voice","positioning.category"],"themes":["dtao","attention"],"metaphors":[],"source":{"url":"https://x.com/0xPrismatic/status/1893126226681942257","medium":"x","title":"Dynamic TAO: Your No-Nonsense Guide","outlet":"@tengyanAI on X (posted as @0xPrismatic)","timestamp":"","archive_url":"https://api.fxtwitter.com/0xPrismatic/status/1893126226681942257","transcript":"primary","host":"x.com","link":"manual"},"confidence":"probable","narrator":"teng-yan","date_label":"22 Feb 2025","sort":"2025-02-22"},{"id":"sn64-005","date":"2025-02-23","date_precision":"day","era":"dtao","quote":"2,779 GPUs on https://t.co/eYYRnXjXfW with 892 of those being H200s. 5.6 billion tokens per day, not including non-LLM apps. ~40 requests per second sustained. 53 unique apps. 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Congrats Chutes (SN64)! Chutes is 'serverless AI' providing 'instant on' AI model hosting (DeepSeek, Mistral, etc.) for 85% less cost than AWS.","context":"An X post marking the first subnet token to reach a $100M market cap after the February 2025 dTAO launch.","about":"subnet:64","slots":["messaging.proof","value.functional"],"themes":["dynamic tao","cost","subnet tokens"],"metaphors":[],"source":{"url":"https://x.com/markjeffrey/status/1914159555069808949","medium":"x","title":"Bittensor $TAO has its first $100M subnet","outlet":"Mark Jeffrey on X","timestamp":"","archive_url":"","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","narrator":"mark-jeffrey","date_label":"20 Apr 2025","sort":"2025-04-20"},{"id":"joseph-jacks-031","date":"2025-04-22","date_precision":"day","quote":"What is @TAOHash? The first and leading subnet for decentralizing PoW (proof-of-work) mining hashrate, rental and exchange. ... 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Post text as indexed by the search engine under the direct X URL; the X page itself was not reachable in this session.","about":"network","slots":["language.term","relationship","voice"],"themes":["crypto cycles"],"metaphors":[],"source":{"url":"https://x.com/BarrySilbert/status/1917667456312562106","medium":"x","title":"Enjoyed the opportunity to go macro with @fintechfrank","outlet":"@BarrySilbert on X","timestamp":"","archive_url":"","transcript":"none","host":"x.com","link":"manual"},"confidence":"probable","narrator":"barry-silbert","date_label":"30 Apr 2025","sort":"2025-04-30"},{"id":"jason-calacanis-001","date":"2025-04-30","date_precision":"day","era":"dtao","quote":"So Bittensor is the project. TAO is the coin. The network instead of doing gumball math is doing here is a competitor to AWS.","context":"Recapping Mark Jeffrey's explanation for the TWiST audience on E2119; Jeffrey answered that it is an incentivisation network with about 100 subnets, not only an AWS competitor.","about":"network","slots":["positioning.category","language.term"],"themes":["commodity markets","incentive design"],"metaphors":["gumball math"],"source":{"url":"https://www.youtube.com/watch?v=16nd_lIy-lA","medium":"youtube","title":"Bittensor's Rise, Meta's Llama Goes Cloud, & AI Now Writes Your Code | E2119","outlet":"This Week in Startups","timestamp":"00:08:12","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"30 Apr 2025","sort":"2025-04-30"},{"id":"jason-calacanis-002","date":"2025-04-30","date_precision":"day","era":"dtao","quote":"if you were running an AI job and you didn't need the stability corporate five nines of say AWS where you know at a company maybe you have to use AWS because nobody gets fired for using AWS, Azure, Oracle, whatever you could use this network that nobody owns and that is an open-source distributed project.","context":"Restating what Chutes (subnet 64) offers after Mark Jeffrey said it runs about 85 percent cheaper than AWS.","about":"network","slots":["value.functional","positioning.differentiator","positioning.against"],"themes":["commodity markets","cost"],"metaphors":[],"source":{"url":"https://www.youtube.com/watch?v=16nd_lIy-lA","medium":"youtube","title":"Bittensor's Rise, Meta's Llama Goes Cloud, & AI Now Writes Your Code | E2119","outlet":"This Week in Startups","timestamp":"00:12:24","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"30 Apr 2025","sort":"2025-04-30"},{"id":"jason-calacanis-003","date":"2025-04-30","date_precision":"day","era":"dtao","quote":"This may or may not be the next Bitcoin.","context":"Closing the Ready AI (subnet 33) discussion before asking Mark Jeffrey to plug his Hash Rate podcast.","about":"network","slots":["positioning.category","voice"],"themes":["bitcoin comparison"],"metaphors":["next bitcoin"],"source":{"url":"https://www.youtube.com/watch?v=16nd_lIy-lA","medium":"youtube","title":"Bittensor's Rise, Meta's Llama Goes Cloud, & AI Now Writes Your Code | E2119","outlet":"This Week in Startups","timestamp":"00:18:57","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"30 Apr 2025","sort":"2025-04-30"},{"id":"jason-calacanis-004","date":"2025-04-30","date_precision":"day","era":"dtao","quote":"I think it's like it is too clever in the same way the United States of America was too clever ... Why do all these like states have these state rights? ... it turns out like sometimes if you do things that are not efficient, then you gain some other qualities like resilience or competition.","context":"Replying to Alex Wilhelm, who had said the per-subnet token economy was too clever by half.","about":"network","slots":["positioning.reason","positioning.differentiator"],"themes":["token economics","incentive design"],"metaphors":["federalism"],"source":{"url":"https://www.youtube.com/watch?v=16nd_lIy-lA","medium":"youtube","title":"Bittensor's Rise, Meta's Llama Goes Cloud, & AI Now Writes Your Code | E2119","outlet":"This Week in Startups","timestamp":"00:23:13","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"30 Apr 2025","sort":"2025-04-30"},{"id":"jason-calacanis-005","date":"2025-04-30","date_precision":"day","era":"dtao","quote":"this has always been my problem with crypto in general ... in the early days of crypto I met with a 100 projects and ... in 95 96 97 of them it was unqualified people building outlandish things with spelling errors in their white papers","context":"After Mark Jeffrey said Barry Silbert was as all in on Bittensor as he had been on Bitcoin, Calacanis explained why he had stayed out of crypto.","about":"network","slots":["problem.market","voice"],"themes":["crypto scepticism"],"metaphors":[],"source":{"url":"https://www.youtube.com/watch?v=16nd_lIy-lA","medium":"youtube","title":"Bittensor's Rise, Meta's Llama Goes Cloud, & AI Now Writes Your Code | E2119","outlet":"This Week in Startups","timestamp":"00:25:19","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"30 Apr 2025","sort":"2025-04-30"},{"id":"jason-calacanis-006","date":"2025-04-30","date_precision":"day","era":"dtao","quote":"this idea that a decentralized Uber or a decentralized Google or a decentralized Twitter is going to or decentralized Facebook is going to beat all those things. I was like that's not possible or not probable, but probably more not possible ... And listen, maybe I'll turn out to be wrong.","context":"Same passage, stating his standing objection to decentralisation claims before saying what is different about Bittensor.","about":"network","slots":["problem.market","voice"],"themes":["decentralisation","crypto scepticism"],"metaphors":[],"source":{"url":"https://www.youtube.com/watch?v=16nd_lIy-lA","medium":"youtube","title":"Bittensor's Rise, Meta's Llama Goes Cloud, & AI Now Writes Your Code | E2119","outlet":"This Week in Startups","timestamp":"00:25:58","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"30 Apr 2025","sort":"2025-04-30"},{"id":"jason-calacanis-007","date":"2025-04-30","date_precision":"day","era":"dtao","quote":"what I like about this project you've identified is it seems like there's real entrepreneurs there, which is great. And it seems like they're building actual products and services with utility from in some cases companies that exist in the real world that have a board of directors that have a domiciled location.","context":"What he said was different about Bittensor compared with the crypto projects he had met earlier.","about":"network","slots":["positioning.reason","foundation.values"],"themes":["real products","entrepreneurs"],"metaphors":[],"source":{"url":"https://www.youtube.com/watch?v=16nd_lIy-lA","medium":"youtube","title":"Bittensor's Rise, Meta's Llama Goes Cloud, & AI Now Writes Your Code | E2119","outlet":"This Week in Startups","timestamp":"00:26:27","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"30 Apr 2025","sort":"2025-04-30"},{"id":"joseph-jacks-033","date":"2025-05-04","date_precision":"day","quote":"Bittensor is to capitalism what Bitcoin is to fiat.","context":"Quoted by Yogita Khatri in The Block's newsletter on why investors are drawn to TAO.","about":"network","slots":["messaging.h1","positioning.category"],"themes":["capitalism","bitcoin lineage"],"metaphors":["capitalism"],"source":{"url":"https://www.theblock.co/post/353065/bittensor-tao-token-crypto-investors","medium":"article","title":"The Funding: Why Bittensor (TAO) is drawing in crypto investors","outlet":"The Block","timestamp":"","archive_url":"","transcript":"secondary","host":"theblock.co","link":"manual"},"confidence":"probable","era":"dtao","narrator":"joseph-jacks","date_label":"4 May 2025","sort":"2025-05-04"},{"id":"joseph-jacks-034","date":"2025-05-04","date_precision":"day","quote":"Bittensor has raised zero dollars from venture capital.","context":"Quoted in the same Block piece, contrasting the network with crypto AI projects that raised hundreds of millions.","about":"network","slots":["positioning.differentiator","messaging.proof"],"themes":["anti-vc ai","fair launch"],"metaphors":[],"source":{"url":"https://www.theblock.co/post/353065/bittensor-tao-token-crypto-investors","medium":"article","title":"The Funding: Why Bittensor (TAO) is drawing in crypto investors","outlet":"The Block","timestamp":"","archive_url":"","transcript":"secondary","host":"theblock.co","link":"manual"},"confidence":"probable","era":"dtao","narrator":"joseph-jacks","date_label":"4 May 2025","sort":"2025-05-04"},{"id":"sn4-008","date":"2025-05-04","date_precision":"day","era":"dtao","quote":"There must be substance behind subnets for it to sustain long term","context":"Rob Myers, Manifold Labs CEO, quoted by Yogita Khatri in The Block on why investors are drawn to Bittensor.","about":"network","slots":["subnet.network","foundation.values","voice"],"themes":["sustainability","subnet quality"],"metaphors":[],"source":{"url":"https://www.theblock.co/post/353065/bittensor-tao-token-crypto-investors","medium":"article","title":"The Funding: Why Bittensor (TAO) is drawing in crypto investors","outlet":"The Block","timestamp":"","archive_url":"","transcript":"secondary","host":"theblock.co","link":"manual"},"confidence":"probable","narrator":"sn4","date_label":"4 May 2025","sort":"2025-05-04"},{"id":"joseph-jacks-035","date":"2025-05-08","date_precision":"day","quote":"Bitcoin transforms capital. 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Blockchains are very good at verification... you get a trustless, permissionless environment where work can be verified transparently. In many ways, AI verification is the use case blockchains have been waiting for.","context":"CoinShares Q&A, asked why AI and blockchain work well together.","about":"network","slots":["positioning.reason","opportunity","messaging.h1"],"themes":["verification","permissionless entry"],"metaphors":[],"source":{"url":"https://coinshares.com/us/insights/the-node/interview-ala-shaabana-bittensor/","medium":"article","title":"Interview: Ala Shaabana, Bittensor","outlet":"CoinShares, The Node","timestamp":"","archive_url":"https://www.youtube.com/watch?v=aMBA7gG5z-E","transcript":"primary","host":"coinshares.com","link":"live"},"confidence":"verified","narrator":"ala-shaabana","date_label":"16 Jan 2026","sort":"2026-01-16"},{"id":"ala-shaabana-031","date":"2026-01-16","date_precision":"day","era":"dtao","quote":"One way to think about it is as a brain. Another is as a city. Bittensor is made up of 'subnets', which you can think of as neighbourhoods or specialised regions. Each subnet solves a different problem — storage, inference, training, object generation, defect detection.","context":"CoinShares Q&A, asked whether it is correct to describe Bittensor as a brain.","about":"network","slots":["positioning.category","language.term"],"themes":["subnets","decentralised intelligence"],"metaphors":["brain","city"],"source":{"url":"https://coinshares.com/us/insights/the-node/interview-ala-shaabana-bittensor/","medium":"article","title":"Interview: Ala Shaabana, Bittensor","outlet":"CoinShares, The Node","timestamp":"","archive_url":"https://www.youtube.com/watch?v=aMBA7gG5z-E","transcript":"primary","host":"coinshares.com","link":"live"},"confidence":"verified","narrator":"ala-shaabana","date_label":"16 Jan 2026","sort":"2026-01-16"},{"id":"ala-shaabana-032","date":"2026-01-16","date_precision":"day","era":"dtao","quote":"You also have researchers, including people from traditional Web2 AI labs, who are increasingly interested in decentralised training because it produces more resilient, generalist models.","context":"CoinShares Q&A, asked who is using Bittensor today.","about":"network","slots":["audience","messaging.proof"],"themes":["decentralised training","adoption"],"metaphors":[],"source":{"url":"https://coinshares.com/us/insights/the-node/interview-ala-shaabana-bittensor/","medium":"article","title":"Interview: Ala Shaabana, Bittensor","outlet":"CoinShares, The Node","timestamp":"","archive_url":"https://www.youtube.com/watch?v=aMBA7gG5z-E","transcript":"primary","host":"coinshares.com","link":"live"},"confidence":"verified","narrator":"ala-shaabana","date_label":"16 Jan 2026","sort":"2026-01-16"},{"id":"ala-shaabana-033","date":"2026-01-16","date_precision":"day","era":"dtao","quote":"It all comes down to incentives. Without a token, everyone races to solve the same problem and earns nothing, which is exactly why earlier distributed compute projects failed. By aligning incentives properly, Bittensor gives everyone a fair opportunity to earn based on the value of their work.","context":"CoinShares Q&A, asked why a token is essential to the network.","about":"network","slots":["positioning.reason","value.functional","foundation.values"],"themes":["incentive design","token economics"],"metaphors":[],"source":{"url":"https://coinshares.com/us/insights/the-node/interview-ala-shaabana-bittensor/","medium":"article","title":"Interview: Ala Shaabana, Bittensor","outlet":"CoinShares, The Node","timestamp":"","archive_url":"https://www.youtube.com/watch?v=aMBA7gG5z-E","transcript":"primary","host":"coinshares.com","link":"live"},"confidence":"verified","narrator":"ala-shaabana","date_label":"16 Jan 2026","sort":"2026-01-16"},{"id":"ala-shaabana-034","date":"2026-01-16","date_precision":"day","era":"dtao","quote":"The OpenAI governance drama highlighted just how centralised AI power has become... At the same time, Bittensor is fully open-source, incentivising transparent AI development. And importantly, the ecosystem has reached a point where builders are moving faster than the core team.","context":"CoinShares Q&A, asked what is driving Bittensor's momentum.","about":"network","slots":["positioning.against","opportunity","messaging.proof","relationship"],"themes":["anti-openai","open source","governance"],"metaphors":[],"source":{"url":"https://coinshares.com/us/insights/the-node/interview-ala-shaabana-bittensor/","medium":"article","title":"Interview: Ala Shaabana, Bittensor","outlet":"CoinShares, The Node","timestamp":"","archive_url":"https://www.youtube.com/watch?v=aMBA7gG5z-E","transcript":"primary","host":"coinshares.com","link":"live"},"confidence":"verified","narrator":"ala-shaabana","date_label":"16 Jan 2026","sort":"2026-01-16"},{"id":"ala-shaabana-035","date":"2026-01-16","date_precision":"day","era":"dtao","quote":"Decentralised AI changes this by letting you talk to many models at once, with validators selecting the best responses. Instead of one ChatGPT, you're speaking to a room of them. That brings resilience, nuance, and scale, and it opens the door to models with trillions of parameters.","context":"CoinShares Q&A, asked whether decentralised AI is a way past current LLM limits.","about":"network","slots":["positioning.differentiator","value.functional"],"themes":["decentralised intelligence","validator power"],"metaphors":["room of models"],"source":{"url":"https://coinshares.com/us/insights/the-node/interview-ala-shaabana-bittensor/","medium":"article","title":"Interview: Ala Shaabana, Bittensor","outlet":"CoinShares, The Node","timestamp":"","archive_url":"https://www.youtube.com/watch?v=aMBA7gG5z-E","transcript":"primary","host":"coinshares.com","link":"live"},"confidence":"verified","narrator":"ala-shaabana","date_label":"16 Jan 2026","sort":"2026-01-16"},{"id":"ala-shaabana-036","date":"2026-01-16","date_precision":"day","era":"dtao","quote":"I think Bittensor could become something like TCP/IP for AI. Most people don't think about TCP/IP, but it underpins the entire internet. I see Bittensor becoming that underlying layer, quietly powering AI development everywhere.","context":"CoinShares Q&A, asked how he sees Bittensor evolving.","about":"network","slots":["foundation.vision","positioning.category","messaging.h1"],"themes":["infrastructure","decentralised intelligence"],"metaphors":["tcp ip"],"source":{"url":"https://coinshares.com/us/insights/the-node/interview-ala-shaabana-bittensor/","medium":"article","title":"Interview: Ala Shaabana, Bittensor","outlet":"CoinShares, The Node","timestamp":"","archive_url":"https://www.youtube.com/watch?v=aMBA7gG5z-E","transcript":"primary","host":"coinshares.com","link":"live"},"confidence":"verified","narrator":"ala-shaabana","date_label":"16 Jan 2026","sort":"2026-01-16"},{"id":"ala-shaabana-037","date":"2026-01-16","date_precision":"day","era":"dtao","quote":"Very early. We were among the first to coin the term 'crypto AI', and now you're seeing massive valuations being raised for problems we're already solving. That tells you two things: the market is only starting to understand the value here, and the wave is coming.","context":"CoinShares Q&A, asked whether decentralised AI is still early.","about":"network","slots":["opportunity","language.term","relationship"],"themes":["timing","crypto ai"],"metaphors":["wave"],"source":{"url":"https://coinshares.com/us/insights/the-node/interview-ala-shaabana-bittensor/","medium":"article","title":"Interview: Ala Shaabana, Bittensor","outlet":"CoinShares, The Node","timestamp":"","archive_url":"https://www.youtube.com/watch?v=aMBA7gG5z-E","transcript":"primary","host":"coinshares.com","link":"live"},"confidence":"verified","narrator":"ala-shaabana","date_label":"16 Jan 2026","sort":"2026-01-16"},{"id":"sami-kassab-018","date":"2026-01-29","date_precision":"day","era":"dtao","quote":"Mining increasingly resembles a prompt engineering game rather than a pure software engineering problem. … approaching the inflection point of the S-curve, where attention, builders, and capital deployment begin to accelerate","context":"From the excerpts of the fund's Q4 2025 letter, after a quarter he calls difficult for crypto and in which he calls the Taoflow upgrade contentious for landing without a formal feedback period.","about":"network","slots":["audience","opportunity"],"themes":["mining","adoption","governance"],"metaphors":["s-curve","game"],"source":{"url":"https://www.unsupervised.capital/writing/excerpts-from-our-q425-letter","medium":"blog","title":"Excerpts From Our Q4'25 Letter","outlet":"Unsupervised Capital","timestamp":"","archive_url":"","transcript":"primary","host":"unsupervised.capital","link":"live"},"confidence":"verified","narrator":"sami-kassab","date_label":"29 Jan 2026","sort":"2026-01-29"},{"id":"sn107-001","date":"2026-02","date_precision":"month","era":"dtao","quote":"As DNA sequencing costs have fallen from $1 million to under $200 per genome, the bottleneck in genomics has shifted from data generation to data analysis.","context":"Opening sentence of the Minos whitepaper, version 1.1, dated February 2026.","about":"subnet:107","slots":["problem.market","opportunity"],"themes":["genomics","data analysis"],"metaphors":["bottleneck"],"source":{"url":"https://theminos.ai/whitepaper","medium":"whitepaper","title":"Minos whitepaper v1.1","outlet":"theminos.ai","timestamp":"","archive_url":"","transcript":"primary","host":"theminos.ai","link":"live"},"confidence":"verified","narrator":"sn107","date_label":"Feb 2026","sort":"2026-02-01"},{"id":"sn107-002","date":"2026-02","date_precision":"month","era":"dtao","quote":"Variant calling, the process of identifying DNA mutations from sequencing data, is the critical inference layer, and despite major investment from Google, the Broad Institute, and government agencies, no single tool is consistently the most accurate.","context":"Second sentence of the whitepaper, naming the incumbents the subnet measures itself against.","about":"subnet:107","slots":["problem.market","positioning.against"],"themes":["genomics","accuracy"],"metaphors":["layer"],"source":{"url":"https://theminos.ai/whitepaper","medium":"whitepaper","title":"Minos whitepaper v1.1","outlet":"theminos.ai","timestamp":"","archive_url":"","transcript":"primary","host":"theminos.ai","link":"live"},"confidence":"verified","narrator":"sn107","date_label":"Feb 2026","sort":"2026-02-01"},{"id":"sn107-003","date":"2026-02","date_precision":"month","era":"dtao","quote":"Minos is a Bittensor subnet that addresses this through decentralized, incentive-driven optimization.","context":"The whitepaper's one sentence on Bittensor, immediately after the problem statement.","about":"network","slots":["subnet.network","subnet.self","positioning.category"],"themes":["incentive design","decentralised intelligence"],"metaphors":[],"source":{"url":"https://theminos.ai/whitepaper","medium":"whitepaper","title":"Minos whitepaper v1.1","outlet":"theminos.ai","timestamp":"","archive_url":"","transcript":"primary","host":"theminos.ai","link":"live"},"confidence":"verified","narrator":"sn107","date_label":"Feb 2026","sort":"2026-02-01"},{"id":"sn107-004","date":"2026-02","date_precision":"month","era":"dtao","quote":"Winner-Take-All incentive design … The best-performing miner receives all the emissions","context":"The whitepaper's incentive section, describing the reward after each 72-minute evaluation cycle; heading and sentence joined with an ellipsis.","about":"subnet:107","slots":["subnet.self","language.term","positioning.differentiator"],"themes":["incentive design","token economics"],"metaphors":["winner take all"],"source":{"url":"https://theminos.ai/whitepaper","medium":"whitepaper","title":"Minos whitepaper v1.1","outlet":"theminos.ai","timestamp":"","archive_url":"","transcript":"primary","host":"theminos.ai","link":"live"},"confidence":"verified","narrator":"sn107","date_label":"Feb 2026","sort":"2026-02-01"},{"id":"sn107-005","date":"2026-02","date_precision":"month","era":"dtao","quote":"AI-powered variant calling infrastructure where hospitals, biobanks, and pharmaceutical companies can submit sequencing samples and receive high-accuracy variant calls","context":"The whitepaper's long-term objective, after validated genomic databases and a consensus caller.","about":"subnet:107","slots":["foundation.vision","audience"],"themes":["genomics","enterprise"],"metaphors":["infrastructure"],"source":{"url":"https://theminos.ai/whitepaper","medium":"whitepaper","title":"Minos whitepaper v1.1","outlet":"theminos.ai","timestamp":"","archive_url":"","transcript":"primary","host":"theminos.ai","link":"live"},"confidence":"verified","narrator":"sn107","date_label":"Feb 2026","sort":"2026-02-01"},{"id":"jacob-steeves-045","date":"2026-02-13","date_precision":"day","quote":"Not much will change, I'm still going to be in the same calls and do the same things and continue to write chain code, and make subnets, and run novelty search and call people scammers and suggest changes — just not with the same legal authority (and that's important )","context":"Message to the community on stepping down as Opentensor CEO, as reported by SimplyTao; the original post was not reached.","about":"network","slots":["relationship","voice"],"themes":["governance"],"metaphors":[],"source":{"url":"https://simplytao.ai/blog/jacob-steeves-steps-down-as-opentensor-ceo","medium":"article","title":"Jacob Steeves Steps Down as Opentensor CEO","outlet":"SimplyTao","timestamp":"","archive_url":"","transcript":"secondary","host":"simplytao.ai","link":"live"},"confidence":"probable","era":"dtao","narrator":"jacob-steeves","date_label":"13 Feb 2026","sort":"2026-02-13"},{"id":"mark-jeffrey-011","date":"2026-02-19","date_precision":"day","era":"dtao","quote":"Like early Bitcoin, Bittensor is hard to explain to newcomers. But the explanations and metaphors have improved over time. So it's perhaps best to take it from the top","context":"Opening of the State of TAO report, written for Stillcore Capital in January 2026 and posted by him as an X Article on 19 February 2026.","about":"network","slots":["audience","voice"],"themes":["explaining bittensor","newcomers"],"metaphors":["early bitcoin"],"source":{"url":"https://x.com/markjeffrey/status/2024555527842509034","medium":"x","title":"State of TAO - A Bittensor Report (Excerpt)","outlet":"Mark Jeffrey on X (Stillcore Capital report)","timestamp":"","archive_url":"https://stillcorecapital.com/wp-content/uploads/2026/01/State-of-TAO-Stillcore-1.pdf","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","narrator":"mark-jeffrey","date_label":"19 Feb 2026","sort":"2026-02-19"},{"id":"mark-jeffrey-012","date":"2026-02-19","date_precision":"day","era":"dtao","quote":"Instead of forming a 'company', imagine you make a list of 'tasks'. Freelancers -- some with PhD's -- from all over the world compete to finish each task for you THE BEST. It's a contest. And only the best freelancers get paid ... But not by you. A Bitcoin-like blockchain pays them. That's Bittensor.","context":"His plain-language definition of Bittensor in the State of TAO report, aimed at readers who do not know the network.","about":"network","slots":["foundation.mission","positioning.category","audience"],"themes":["incentive design","permissionless entry","decentralised intelligence"],"metaphors":["freelancer contest"],"source":{"url":"https://x.com/markjeffrey/status/2024555527842509034","medium":"x","title":"State of TAO - A Bittensor Report (Excerpt)","outlet":"Mark Jeffrey on X (Stillcore Capital report)","timestamp":"","archive_url":"https://stillcorecapital.com/wp-content/uploads/2026/01/State-of-TAO-Stillcore-1.pdf","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","narrator":"mark-jeffrey","date_label":"19 Feb 2026","sort":"2026-02-19"},{"id":"mark-jeffrey-013","date":"2026-02-19","date_precision":"day","era":"dtao","quote":"The result: Bitcoin created $2.5 trillion in value and Earth's largest supercomputer in aggregate, 500x larger than the nearest competitor. Bittensor says, Hmm. This 'task contest' mining idea worked exceedingly well once. Maybe it can be replicated across multiple AI (and other) domains. So Bittensor takes Bitcoin's mining idea and expands it. Bittensor makes mining programmable.","context":"State of TAO report, explaining the network as a generalisation of Bitcoin mining.","about":"network","slots":["positioning.differentiator","messaging.h1","positioning.reason"],"themes":["proof of work","incentive design","bitcoin lineage"],"metaphors":["programmable mining","supercomputer"],"source":{"url":"https://x.com/markjeffrey/status/2024555527842509034","medium":"x","title":"State of TAO - A Bittensor Report (Excerpt)","outlet":"Mark Jeffrey on X (Stillcore Capital report)","timestamp":"","archive_url":"https://stillcorecapital.com/wp-content/uploads/2026/01/State-of-TAO-Stillcore-1.pdf","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","narrator":"mark-jeffrey","date_label":"19 Feb 2026","sort":"2026-02-19"},{"id":"mark-jeffrey-014","date":"2026-02-19","date_precision":"day","era":"dtao","quote":"In Bitcoin, the contest to 'find the hash of the previous block first' basically boils down to guessing the number of gumballs in a jar. ... the actual work of 'guessing gumballs' is itself very wasteful. By contrast ... the 'work' done in Bittensor mining contests is actually very useful. Bittensor calls this Proof of Useful Work.","context":"State of TAO report, contrasting Bitcoin hashing with subnet tasks.","about":"network","slots":["positioning.differentiator","language.term"],"themes":["proof of useful work","proof of work"],"metaphors":["gumballs"],"source":{"url":"https://x.com/markjeffrey/status/2024555527842509034","medium":"x","title":"State of TAO - A Bittensor Report (Excerpt)","outlet":"Mark Jeffrey on X (Stillcore Capital report)","timestamp":"","archive_url":"https://stillcorecapital.com/wp-content/uploads/2026/01/State-of-TAO-Stillcore-1.pdf","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","narrator":"mark-jeffrey","date_label":"19 Feb 2026","sort":"2026-02-19"},{"id":"mark-jeffrey-015","date":"2026-02-19","date_precision":"day","era":"dtao","quote":"You can think of Subnets as 128 AI startups. ... To get a Subnet token, you must stake $TAO. This means that subnet tokens ARE rehypothecated $TAO under the hood. ... Subnet tokens and $TAO are simply two versions of the same thing.","context":"State of TAO report, explaining subnet tokens to investors and contrasting them with ERC20 tokens on Ethereum.","about":"network","slots":["positioning.differentiator","value.functional","audience"],"themes":["token economics","value accrual","subnet tokens"],"metaphors":["ai startups"],"source":{"url":"https://x.com/markjeffrey/status/2024555527842509034","medium":"x","title":"State of TAO - A Bittensor Report (Excerpt)","outlet":"Mark Jeffrey on X (Stillcore Capital report)","timestamp":"","archive_url":"https://stillcorecapital.com/wp-content/uploads/2026/01/State-of-TAO-Stillcore-1.pdf","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","narrator":"mark-jeffrey","date_label":"19 Feb 2026","sort":"2026-02-19"},{"id":"mark-jeffrey-016","date":"2026-02-19","date_precision":"day","era":"dtao","quote":"Thus $TAO tracks the combined value of all the Subnets akin to how an S&P 500 ETF tracks the combined value of the world's top 500 companies. In a certain sense, all Subnets are part of a 'TAO keiretsu'. They are at once separate and distinct, but united by a super-entity, a base token, that aligns them all.","context":"State of TAO report, on why subnet growth accrues to TAO.","about":"network","slots":["positioning.category","language.term","value.functional"],"themes":["value accrual","token economics"],"metaphors":["sp500 etf","keiretsu"],"source":{"url":"https://x.com/markjeffrey/status/2024555527842509034","medium":"x","title":"State of TAO - A Bittensor Report (Excerpt)","outlet":"Mark Jeffrey on X (Stillcore Capital report)","timestamp":"","archive_url":"https://stillcorecapital.com/wp-content/uploads/2026/01/State-of-TAO-Stillcore-1.pdf","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","narrator":"mark-jeffrey","date_label":"19 Feb 2026","sort":"2026-02-19"},{"id":"mark-jeffrey-017","date":"2026-02-19","date_precision":"day","era":"dtao","quote":"Everything in Bittensor is contests within contests to win new $TAO. ... It's contests within contests. It's very Darwinian. It's very 'Hunger Games'. And it's merciless: the weakest subnets and the weakest miners are regularly culled by the chain. ... Every day is a new gladiatorial round.","context":"State of TAO report, describing daily emission competition between subnets and between miners.","about":"network","slots":["foundation.values","voice"],"themes":["incentive design","competition","emissions"],"metaphors":["hunger games","darwinian","gladiatorial"],"source":{"url":"https://x.com/markjeffrey/status/2024555527842509034","medium":"x","title":"State of TAO - A Bittensor Report (Excerpt)","outlet":"Mark Jeffrey on X (Stillcore Capital report)","timestamp":"","archive_url":"https://stillcorecapital.com/wp-content/uploads/2026/01/State-of-TAO-Stillcore-1.pdf","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","narrator":"mark-jeffrey","date_label":"19 Feb 2026","sort":"2026-02-19"},{"id":"mark-jeffrey-018","date":"2026-02-19","date_precision":"day","era":"dtao","quote":"Like Bitcoin, miners can join or leave anytime. It's open to anyone, anywhere on earth. For this reason, some call Bittensor an 'Open Economy'. Others call it 'Incentivism'. We call it the most ferocious form of capitalism yet invented. Everyone competes, always. Only the most excellent get anything. And everyone is re-evaluated continuously: you cannot rest.","context":"State of TAO report, naming the category and setting his own label against the community's terms.","about":"network","slots":["positioning.category","messaging.h1","language.term","foundation.values"],"themes":["permissionless entry","capitalism","incentive design"],"metaphors":["ferocious capitalism"],"source":{"url":"https://x.com/markjeffrey/status/2024555527842509034","medium":"x","title":"State of TAO - A Bittensor Report (Excerpt)","outlet":"Mark Jeffrey on X (Stillcore Capital report)","timestamp":"","archive_url":"https://stillcorecapital.com/wp-content/uploads/2026/01/State-of-TAO-Stillcore-1.pdf","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","narrator":"mark-jeffrey","date_label":"19 Feb 2026","sort":"2026-02-19"},{"id":"mark-jeffrey-019","date":"2026-02-19","date_precision":"day","era":"dtao","quote":"We've seen the same fractal repeat many times in compu-history: open (aka 'The Bazaar') wins over closed, large and centralized ('the Cathedral') almost every time. ... The lesson is clear: You can't fight the whole world. Open-source movements typically attract the best minds from all over the world to contribute.","context":"State of TAO report, arguing why a subnet could reach a $1B market cap, with TCP/IP, Linux, Android and Bitcoin as precedents.","about":"network","slots":["positioning.reason","opportunity","problem.cultural"],"themes":["open source","decentralisation","history of computing"],"metaphors":["bazaar vs cathedral"],"source":{"url":"https://x.com/markjeffrey/status/2024555527842509034","medium":"x","title":"State of TAO - A Bittensor Report (Excerpt)","outlet":"Mark Jeffrey on X (Stillcore Capital report)","timestamp":"","archive_url":"https://stillcorecapital.com/wp-content/uploads/2026/01/State-of-TAO-Stillcore-1.pdf","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","narrator":"mark-jeffrey","date_label":"19 Feb 2026","sort":"2026-02-19"},{"id":"mark-jeffrey-020","date":"2026-02-19","date_precision":"day","era":"dtao","quote":"Bittensor Subnets are 'open source startups'. Anyone can join one of these startups by becoming a Miner. And anyone can invest in them by buying Subnet tokens. Because the whole world competes, you get this insanely efficient product creation engine.","context":"State of TAO report, on why subnet products ship faster and cheaper than company products.","about":"network","slots":["value.functional","audience","positioning.differentiator"],"themes":["permissionless entry","ownership","open source"],"metaphors":["open source startups","product creation engine"],"source":{"url":"https://x.com/markjeffrey/status/2024555527842509034","medium":"x","title":"State of TAO - A Bittensor Report (Excerpt)","outlet":"Mark Jeffrey on X (Stillcore Capital report)","timestamp":"","archive_url":"https://stillcorecapital.com/wp-content/uploads/2026/01/State-of-TAO-Stillcore-1.pdf","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","narrator":"mark-jeffrey","date_label":"19 Feb 2026","sort":"2026-02-19"},{"id":"mark-jeffrey-021","date":"2026-02-19","date_precision":"day","era":"dtao","quote":"Over the last four years, Bittensor wallets have been like early Bitcoin or Ethereum wallets: ganky, not consumer-ready, and difficult for consumers (even crypto-savvy consumers) to use or understand. ... It's been the same ~20,000 participants trading against each other for the last year. ... No new money was entering. That just changed.","context":"State of TAO report, criticising the network's tooling before praising the December 2025 Crucible and Tao.com wallets.","about":"network","slots":["problem.market","opportunity"],"themes":["usability","adoption","wallets"],"metaphors":["early bitcoin"],"source":{"url":"https://x.com/markjeffrey/status/2024555527842509034","medium":"x","title":"State of TAO - A Bittensor Report (Excerpt)","outlet":"Mark Jeffrey on X (Stillcore Capital report)","timestamp":"","archive_url":"https://stillcorecapital.com/wp-content/uploads/2026/01/State-of-TAO-Stillcore-1.pdf","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","narrator":"mark-jeffrey","date_label":"19 Feb 2026","sort":"2026-02-19"},{"id":"mark-jeffrey-022","date":"2026-02-19","date_precision":"day","era":"dtao","quote":"At Stillcore, we suspect we will see one or more breakout subnets in 2026. We think at least one Subnet token will reach a market cap of $1B. ... If this occurs, the demand for $TAO will spike rapidly. Why? Because you need $TAO to get Subnet tokens. $TAO is the coin of the realm.","context":"State of TAO report section titled Subnets In 2026: The 'ICO Phase'?, comparing subnets to the 2016 to 2017 Ethereum ICO wave.","about":"network","slots":["opportunity","positioning.reason","value.functional"],"themes":["token economics","adoption","subnet tokens"],"metaphors":["ico phase","coin of the realm"],"source":{"url":"https://x.com/markjeffrey/status/2024555527842509034","medium":"x","title":"State of TAO - A Bittensor Report (Excerpt)","outlet":"Mark Jeffrey on X (Stillcore Capital report)","timestamp":"","archive_url":"https://stillcorecapital.com/wp-content/uploads/2026/01/State-of-TAO-Stillcore-1.pdf","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","narrator":"mark-jeffrey","date_label":"19 Feb 2026","sort":"2026-02-19"},{"id":"mark-jeffrey-023","date":"2026-02-19","date_precision":"day","era":"dtao","quote":"Bittensor has the exact same economics as Bitcoin, by design. This includes a halving at roughly 4-year intervals. ... Nobody knows exactly what the halving will do to Bittensor's price. But if Bitcoin is comparable, that suggests a 10x or a 20x over 2026 is possible (that would put $TAO price at $3000 - $6000).","context":"State of TAO report, on the 15 December 2025 halving, with Bitcoin's 2012 to 2013 run as the comparison.","about":"network","slots":["positioning.reason","opportunity","messaging.proof"],"themes":["halving","token economics","price"],"metaphors":["bitcoin economics"],"source":{"url":"https://x.com/markjeffrey/status/2024555527842509034","medium":"x","title":"State of TAO - A Bittensor Report (Excerpt)","outlet":"Mark Jeffrey on X (Stillcore Capital report)","timestamp":"","archive_url":"https://stillcorecapital.com/wp-content/uploads/2026/01/State-of-TAO-Stillcore-1.pdf","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","narrator":"mark-jeffrey","date_label":"19 Feb 2026","sort":"2026-02-19"},{"id":"mark-jeffrey-024","date":"2026-02-19","date_precision":"day","era":"dtao","quote":"Previously, the mechanism was based on Subnet token price: whoever had the highest price won the most new $TAO. But this allowed early winners that had already achieved high market caps to rest. A 'liquidity aristocracy' arose. Inertia supplied them with a moat. ... The chain is generous – and it is savage and merciless.","context":"State of TAO report, explaining the TAO Flow emission change of early 2026 and why he approves of it.","about":"network","slots":["language.term","foundation.values","problem.institutional"],"themes":["emissions","incentive design","governance"],"metaphors":["liquidity aristocracy","savage chain"],"source":{"url":"https://x.com/markjeffrey/status/2024555527842509034","medium":"x","title":"State of TAO - A Bittensor Report (Excerpt)","outlet":"Mark Jeffrey on X (Stillcore Capital report)","timestamp":"","archive_url":"https://stillcorecapital.com/wp-content/uploads/2026/01/State-of-TAO-Stillcore-1.pdf","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","narrator":"mark-jeffrey","date_label":"19 Feb 2026","sort":"2026-02-19"},{"id":"mark-jeffrey-025","date":"2026-02-19","date_precision":"day","era":"dtao","quote":"At this time, Bittensor does not have a true competitor. Bittensor was fair-launched, just like Bitcoin. This is extremely hard to pull off, and now serves as a significant moat – one that could probably not be replicated today.","context":"State of TAO report, on competition; he adds that no entity owns more than 1% of TAO, which he calls fairer than Bitcoin.","about":"network","slots":["positioning.differentiator","positioning.reason"],"themes":["fair launch","moat","bitcoin lineage"],"metaphors":["moat"],"source":{"url":"https://x.com/markjeffrey/status/2024555527842509034","medium":"x","title":"State of TAO - A Bittensor Report (Excerpt)","outlet":"Mark Jeffrey on X (Stillcore Capital report)","timestamp":"","archive_url":"https://stillcorecapital.com/wp-content/uploads/2026/01/State-of-TAO-Stillcore-1.pdf","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","narrator":"mark-jeffrey","date_label":"19 Feb 2026","sort":"2026-02-19"},{"id":"mark-jeffrey-026","date":"2026-02-19","date_precision":"day","era":"dtao","quote":"At this time, no Subnet has truly crossed the chasm. True, there is a lot of early success and 'signal'. But no Subnet has yet achieved true breakaway success. ... But we don't know yet if Subnet teams can productize and market products. We don't know whether they can generate breakout revenue.","context":"State of TAO report, stating the risks of the Stillcore thesis.","about":"network","slots":["problem.market","voice"],"themes":["adoption","revenue","risk"],"metaphors":["crossing the chasm"],"source":{"url":"https://x.com/markjeffrey/status/2024555527842509034","medium":"x","title":"State of TAO - A Bittensor Report (Excerpt)","outlet":"Mark Jeffrey on X (Stillcore Capital report)","timestamp":"","archive_url":"https://stillcorecapital.com/wp-content/uploads/2026/01/State-of-TAO-Stillcore-1.pdf","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","narrator":"mark-jeffrey","date_label":"19 Feb 2026","sort":"2026-02-19"},{"id":"mark-jeffrey-027","date":"2026-02-19","date_precision":"day","era":"dtao","quote":"When you abstract everything away, Bittensor is all about adding an ownership layer and aligning incentives in a decentralized environment. This effectively creates a new form of capitalism. And we think it's the most ferocious form of capitalism. Whole companies and whole departments can be atomized, broken down into their component pieces, and reassembled in the image of Bitcoin's Incentivism.","context":"Conclusion of the State of TAO report.","about":"network","slots":["foundation.mission","foundation.vision","messaging.h1"],"themes":["ownership","incentive design","capitalism"],"metaphors":["ferocious capitalism","atomization"],"source":{"url":"https://x.com/markjeffrey/status/2024555527842509034","medium":"x","title":"State of TAO - A Bittensor Report (Excerpt)","outlet":"Mark Jeffrey on X (Stillcore Capital report)","timestamp":"","archive_url":"https://stillcorecapital.com/wp-content/uploads/2026/01/State-of-TAO-Stillcore-1.pdf","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","narrator":"mark-jeffrey","date_label":"19 Feb 2026","sort":"2026-02-19"},{"id":"mark-jeffrey-028","date":"2026-02-19","date_precision":"day","era":"dtao","quote":"Once the subnet cap is lifted and we can have more than 128 Subnets, we'll likely see an explosion of new ideas and Subnets. 'Bittensor is a Y-Combinator that anyone can join,' as our friends at Unsupervised Capital recently put it in their 'The Investment Case For Bittensor' report. We agree. And we're betting on it.","context":"Final lines of the State of TAO report, adopting another fund's frame and stating his own position.","about":"network","slots":["relationship","positioning.category","foundation.vision"],"themes":["permissionless entry","investment thesis"],"metaphors":["y combinator","explosion"],"source":{"url":"https://x.com/markjeffrey/status/2024555527842509034","medium":"x","title":"State of TAO - A Bittensor Report (Excerpt)","outlet":"Mark Jeffrey on X (Stillcore Capital report)","timestamp":"","archive_url":"https://stillcorecapital.com/wp-content/uploads/2026/01/State-of-TAO-Stillcore-1.pdf","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","narrator":"mark-jeffrey","date_label":"19 Feb 2026","sort":"2026-02-19"},{"id":"mark-jeffrey-029","date":"2026-02-19","date_precision":"day","era":"dtao","quote":"My $TAO vibe-miner is an attempt to create the Bittensor version of this. ... A Claw, on Bittensor hosting ... with its own TAO wallet ... It pays for its own life. ... many (most?) subnets require 'human alpha' to win: no Claw or Claude can yet match that.","context":"An X reply quoting a post about self-funding AI agents, describing his own experiment mining subnets with an autonomous agent and admitting it keeps getting deregistered.","about":"network","slots":["relationship","value.self_expressive","voice"],"themes":["agents","mining","human alpha"],"metaphors":["pays for its own life"],"source":{"url":"https://x.com/markjeffrey/status/2024604055461646733","medium":"x","title":"My $TAO vibe-miner","outlet":"Mark Jeffrey on X","timestamp":"","archive_url":"","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","narrator":"mark-jeffrey","date_label":"19 Feb 2026","sort":"2026-02-19"},{"id":"barry-silbert-034","date":"2026-03-04","date_precision":"day","era":"dtao","quote":"As the decentralized AI market matures, value is beginning to concentrate in Bittensor subnets solving meaningful problems, offering viable alternatives to the closed, centralized systems controlled by tech giants.","context":"Preface to Yuma's second annual State of Bittensor report, quoted by The Block; the report page on yumaai.com did not render its text in this session.","about":"network","slots":["positioning.against","problem.institutional","messaging.proof"],"themes":["subnets","anti-big-tech","value accrual"],"metaphors":[],"source":{"url":"https://www.theblock.co/post/392351/dcg-yuma-bittensor-report","medium":"article","title":"DCG subsidiary Yuma highlights subnet development in 'State of Bittensor' report","outlet":"The Block","timestamp":"","archive_url":"","transcript":"secondary","host":"theblock.co","link":"manual"},"confidence":"probable","narrator":"barry-silbert","date_label":"4 Mar 2026","sort":"2026-03-04"},{"id":"barry-silbert-035","date":"2026-03-04","date_precision":"day","era":"dtao","quote":"It's still early, but we're seeing the first signs of this value flow back into subnet tokens, which are becoming more than just network incentives. They are functioning as market validation, signaling the value that each subnet provides to the overall network and the intelligence it generates.","context":"Closing lines of the same State of Bittensor preface, quoted by The Block.","about":"network","slots":["messaging.proof","value.functional","language.term"],"themes":["subnets","token economics","value accrual"],"metaphors":["market validation"],"source":{"url":"https://www.theblock.co/post/392351/dcg-yuma-bittensor-report","medium":"article","title":"DCG subsidiary Yuma highlights subnet development in 'State of Bittensor' report","outlet":"The Block","timestamp":"","archive_url":"","transcript":"secondary","host":"theblock.co","link":"manual"},"confidence":"probable","narrator":"barry-silbert","date_label":"4 Mar 2026","sort":"2026-03-04"},{"id":"sn62-004","date":"2026-03-04","date_precision":"day","era":"dtao","quote":"building AI software engineers that fully replace human coders","context":"Phrase quoted from docs.ridges.ai by SimplyTao's guide to SN62; the current docs no longer carry it, so it is recorded through the guide.","about":"subnet:62","slots":["foundation.vision","positioning.against","messaging.h1"],"themes":["agents","automation"],"metaphors":["software engineer"],"source":{"url":"https://simplytao.ai/blog/your-simple-guide-to-ridges-sn62","medium":"article","title":"Your Simple Guide to Ridges (SN62)","outlet":"SimplyTao","timestamp":"","archive_url":"","transcript":"secondary","host":"simplytao.ai","link":"live"},"confidence":"probable","narrator":"sn62","date_label":"4 Mar 2026","sort":"2026-03-04"},{"id":"jason-calacanis-008","date":"2026-03-06","date_precision":"day","era":"dtao","quote":"we talked about the project known as Bitcoin, the tip of the spear that got everybody engaged in this, but the math problems and all the CPU was going towards busy work, not actually serving a purpose other than, you know, establishing the Bitcoin network ... but it also was using a lot of energy.","context":"To Lon Harris, after Mark Jeffrey described Bittensor as Bitcoin's mining side made programmable.","about":"network","slots":["problem.market","positioning.against"],"themes":["useful work","energy"],"metaphors":["tip of the spear"],"source":{"url":"https://www.youtube.com/watch?v=X0AJVcKieyA","medium":"youtube","title":"Wisdom of the $TAO: the future is decentralized AI","outlet":"This Week in Startups","timestamp":"00:06:01","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"6 Mar 2026","sort":"2026-03-06"},{"id":"jason-calacanis-009","date":"2026-03-06","date_precision":"day","era":"dtao","quote":"for full disclosure, uh you were starting a fund to take advantage of this called Stillcore and I joined you as a partner in that. I put some of my chips in. I think I'm going to be ready to put some more chips in, I'll be honest this year. I feel I'm feeling a little frisky.","context":"Disclosing his Stillcore Capital position to Mark Jeffrey on air before asking for the most inspiring subnets.","about":"network","slots":["relationship"],"themes":["investment"],"metaphors":["poker chips"],"source":{"url":"https://www.youtube.com/watch?v=X0AJVcKieyA","medium":"youtube","title":"Wisdom of the $TAO: the future is decentralized AI","outlet":"This Week in Startups","timestamp":"00:06:53","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"6 Mar 2026","sort":"2026-03-06"},{"id":"jason-calacanis-010","date":"2026-03-06","date_precision":"day","era":"dtao","quote":"you can go buy TAO like you buy Bitcoin and I don't give financial advice but if anybody's listening and you had a hundy that you were going to spend on some margaritas I'm going to say maybe drink some water ... the other $99 into just buying a little TAO for yourself. Why not?","context":"After Mark Jeffrey described the Ridges (subnet 62) launch; the earliest reached instance of his buy-a-little-TAO line.","about":"network","slots":["audience","messaging.h1","voice"],"themes":["retail entry"],"metaphors":[],"source":{"url":"https://www.youtube.com/watch?v=X0AJVcKieyA","medium":"youtube","title":"Wisdom of the $TAO: the future is decentralized AI","outlet":"This Week in Startups","timestamp":"00:08:30","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"6 Mar 2026","sort":"2026-03-06"},{"id":"jason-calacanis-011","date":"2026-03-06","date_precision":"day","era":"dtao","quote":"Open source is a gift to humanity. Fantastic. It's democratizing. But here, there's an incentive layer, which is the subnets tokens. So, I make this coder, this co-pilot better, I make some tokens and then I can put those tokens and I don't just get a high five ... instead of going to work for Cursor.","context":"Contrasting contributing to OpenClaw with mining on Ridges, checking his understanding with Mark Jeffrey, who confirmed it.","about":"network","slots":["positioning.differentiator","value.functional"],"themes":["incentive design","open source"],"metaphors":["incentive layer"],"source":{"url":"https://www.youtube.com/watch?v=X0AJVcKieyA","medium":"youtube","title":"Wisdom of the $TAO: the future is decentralized AI","outlet":"This Week in Startups","timestamp":"00:11:07","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"6 Mar 2026","sort":"2026-03-06"},{"id":"jason-calacanis-012","date":"2026-03-06","date_precision":"day","era":"dtao","quote":"So this is like being in the early days, Ala, of Bitcoin where I don't know Mount Gox came out, some wallets came out. There were lots of different small projects.","context":"To Ala Shaabana, Bittensor co-founder, about Crucible Labs building a wallet for subnet tokens.","about":"network","slots":["opportunity","positioning.category"],"themes":["timing"],"metaphors":["early bitcoin"],"source":{"url":"https://www.youtube.com/watch?v=X0AJVcKieyA","medium":"youtube","title":"Wisdom of the $TAO: the future is decentralized AI","outlet":"This Week in Startups","timestamp":"00:13:54","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"6 Mar 2026","sort":"2026-03-06"},{"id":"jason-calacanis-013","date":"2026-03-06","date_precision":"day","era":"dtao","quote":"You have this premise at Stillcore, hey, we know that TAO has the potential to be the next Bitcoin, Ethereum, whatever it is. It's not guaranteed. Nothing is. This is a bit of the wild west ... after you make that bet, you're making the second bet. And the second investment is which one of these will break out.","context":"Setting up a question to Mark Jeffrey about how Stillcore evaluates a subnet like Ridges at a 30 million dollar market cap.","about":"network","slots":["positioning.category","relationship","opportunity"],"themes":["bitcoin comparison","subnet selection"],"metaphors":["wild west","next bitcoin"],"source":{"url":"https://www.youtube.com/watch?v=X0AJVcKieyA","medium":"youtube","title":"Wisdom of the $TAO: the future is decentralized AI","outlet":"This Week in Startups","timestamp":"00:17:11","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"6 Mar 2026","sort":"2026-03-06"},{"id":"jason-calacanis-014","date":"2026-03-06","date_precision":"day","era":"dtao","quote":"As you can see, like Bitcoin, there's so many picks and shovels and services and application layer here. There's all different places to invest.","context":"Summing up after Mark Jeffrey explained Targon (subnet 4) as cheap inference with both equity and token exposure.","about":"network","slots":["opportunity"],"themes":["investment"],"metaphors":["picks and shovels"],"source":{"url":"https://www.youtube.com/watch?v=X0AJVcKieyA","medium":"youtube","title":"Wisdom of the $TAO: the future is decentralized AI","outlet":"This Week in Startups","timestamp":"00:21:47","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"6 Mar 2026","sort":"2026-03-06"},{"id":"jason-calacanis-015","date":"2026-03-06","date_precision":"day","era":"dtao","quote":"This one is less interesting to me because storage is such a commodity. Why would you consider this one if storage is a commodity?","context":"Pushing back when Mark Jeffrey named Hippius, the decentralised storage subnet, as Stillcore's third investment.","about":"subnet:75","slots":["voice"],"themes":["commodity markets"],"metaphors":[],"source":{"url":"https://www.youtube.com/watch?v=X0AJVcKieyA","medium":"youtube","title":"Wisdom of the $TAO: the future is decentralized AI","outlet":"This Week in Startups","timestamp":"00:22:18","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"6 Mar 2026","sort":"2026-03-06"},{"id":"sami-kassab-019","date":"2026-03-12","date_precision":"day","era":"dtao","quote":"A subnet is an economic verification system. Any objective function can be translated into an incentive mechanism that defines the rules of competition. … If you can verify the solution, the problem is fair game.","context":"From his essay arguing that with generation costs collapsing, the hard part is specification and market design, using the Synth subnet as the worked example.","about":"network","slots":["language.term","positioning.category","foundation.mission"],"themes":["verification","incentive design","optimisation"],"metaphors":["optimization problem"],"source":{"url":"https://www.unsupervised.capital/writing/everything-becomes-an-optimization-problem","medium":"blog","title":"Everything Becomes an Optimization Problem","outlet":"Unsupervised Capital","timestamp":"","archive_url":"","transcript":"primary","host":"unsupervised.capital","link":"live"},"confidence":"verified","narrator":"sami-kassab","date_label":"12 Mar 2026","sort":"2026-03-12"},{"id":"sn64-013","date":"2026-03-20","date_precision":"day","era":"dtao","quote":"We processed 45% fewer tokens over the last six weeks. On the surface, that may seem like pretty bad news, but the true story is one of massive increases in efficiency and future sustainability.","context":"Timon Agar opening a Chutes blog post on moving from volume to value after a change to the subscription model.","about":"subnet:64","slots":["subnet.self","voice","messaging.proof"],"themes":["sustainability","revenue"],"metaphors":[],"source":{"url":"https://chutes.ai/news/from-volume-to-value-building-a-sustainable-ai-inference-platform-2","medium":"blog","title":"From Volume to Value: Building a Sustainable AI Inference Platform","outlet":"Chutes blog","timestamp":"","archive_url":"","transcript":"primary","host":"chutes.ai","link":"live"},"confidence":"verified","narrator":"sn64","date_label":"20 Mar 2026","sort":"2026-03-20"},{"id":"sn64-014","date":"2026-03-20","date_precision":"day","era":"dtao","quote":"No subsidies. No underwater deals. No abuse vectors. Just real customers paying for real usage, and a fleet that earns its keep.","context":"Timon Agar summing up the Chutes revenue position in the volume to value post.","about":"subnet:64","slots":["subnet.self","positioning.reason","voice"],"themes":["sustainability","revenue"],"metaphors":["fleet"],"source":{"url":"https://chutes.ai/news/from-volume-to-value-building-a-sustainable-ai-inference-platform-2","medium":"blog","title":"From Volume to Value: Building a Sustainable AI Inference Platform","outlet":"Chutes blog","timestamp":"","archive_url":"","transcript":"primary","host":"chutes.ai","link":"live"},"confidence":"verified","narrator":"sn64","date_label":"20 Mar 2026","sort":"2026-03-20"},{"id":"jason-calacanis-016","date":"2026-03-24","date_precision":"day","era":"dtao","quote":"A lot of people have been asking me my involvement in the ecosystem. A lot of people are like, “Oh my god, are you pumping?”","context":"Opening a segment on TWiST E2266 in which Alex Wilhelm asked how much TAO he owns.","about":"network","slots":["relationship","voice"],"themes":["disclosure"],"metaphors":[],"source":{"url":"https://www.youtube.com/watch?v=txTnwkA1Rkw","medium":"youtube","title":"Jason Discloses his Holdings in Tao (clip from E2266, 2026-03-24)","outlet":"This Week in Startups Clips","timestamp":"00:00:00","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"24 Mar 2026","sort":"2026-03-24"},{"id":"jason-calacanis-017","date":"2026-03-24","date_precision":"day","era":"dtao","quote":"if you go to stillcorecapital.com ... my friend Mark Jeffrey started this. He asked me to be a partner in it. So, I seeded this fund with couple of hundred thousand dollars. They've got a couple of million dollars under management ... I have probably a half million dollars in TAO I've bought. Personally.","context":"Answering Alex Wilhelm; this is the primary behind press reports that misprinted the figure as 500 million dollars.","about":"network","slots":["relationship","messaging.proof"],"themes":["disclosure","investment"],"metaphors":[],"source":{"url":"https://www.youtube.com/watch?v=txTnwkA1Rkw","medium":"youtube","title":"Jason Discloses his Holdings in Tao (clip from E2266, 2026-03-24)","outlet":"This Week in Startups Clips","timestamp":"00:00:19","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"24 Mar 2026","sort":"2026-03-24"},{"id":"jason-calacanis-018","date":"2026-03-24","date_precision":"day","era":"dtao","quote":"I believe that that could become as big as Solana, let's say, or Ethereum. Probably not as big as Bitcoin cuz Bitcoin is, you know, a phenomenon that might only be a once","context":"Walking Elizabeth Yin through his back-of-the-envelope view of TAO's two to three billion dollar market cap.","about":"network","slots":["positioning.category"],"themes":["market cap comparison"],"metaphors":[],"source":{"url":"https://www.youtube.com/watch?v=txTnwkA1Rkw","medium":"youtube","title":"Jason Discloses his Holdings in Tao (clip from E2266, 2026-03-24)","outlet":"This Week in Startups Clips","timestamp":"00:02:48","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"24 Mar 2026","sort":"2026-03-24"},{"id":"jason-calacanis-019","date":"2026-03-24","date_precision":"day","era":"dtao","quote":"I've always said there would be a better Bitcoin. Um and that there would be a better opportunity. I think the game of Bitcoin has ended and it ended when Michael Saylor got to three, four, five points of ownership of Bitcoin, Alex, and other corporate interests bought a certain amount. It's not punk rock anymore.","context":"Same segment, explaining why he is not making the bet on Bitcoin.","about":"network","slots":["positioning.against","language.term"],"themes":["anti-bitcoin"],"metaphors":["better bitcoin","punk rock"],"source":{"url":"https://www.youtube.com/watch?v=txTnwkA1Rkw","medium":"youtube","title":"Jason Discloses his Holdings in Tao (clip from E2266, 2026-03-24)","outlet":"This Week in Startups Clips","timestamp":"00:03:04","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"24 Mar 2026","sort":"2026-03-24"},{"id":"jason-calacanis-020","date":"2026-03-24","date_precision":"day","era":"dtao","quote":"Crypto is now legal and is becoming organized. I had the SEC chair and the CFTC chair on All-In ... I believe crypto now has been blessed, the rules of the road are there ... Therefore, I think making a bet on a crypto project that is distributed and that solves real world problems like startups","context":"Giving the regulatory reason for placing a crypto bet now.","about":"network","slots":["opportunity"],"themes":["regulation"],"metaphors":[],"source":{"url":"https://www.youtube.com/watch?v=txTnwkA1Rkw","medium":"youtube","title":"Jason Discloses his Holdings in Tao (clip from E2266, 2026-03-24)","outlet":"This Week in Startups Clips","timestamp":"00:03:28","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"24 Mar 2026","sort":"2026-03-24"},{"id":"jason-calacanis-021","date":"2026-03-24","date_precision":"day","era":"dtao","quote":"There's something there that could compound to ... a $500 billion market cap for ... TAO, which would be roughly ... let's put it at 2.5 billion. That's a 200x from here. That's my base case is I think we could be sitting here and TAO in 5 to 10 years could go 200x.","context":"The 200x line that was reported across crypto press in the following days.","about":"network","slots":["messaging.h1","positioning.reason"],"themes":["price prediction"],"metaphors":[],"source":{"url":"https://www.youtube.com/watch?v=txTnwkA1Rkw","medium":"youtube","title":"Jason Discloses his Holdings in Tao (clip from E2266, 2026-03-24)","outlet":"This Week in Startups Clips","timestamp":"00:03:58","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"24 Mar 2026","sort":"2026-03-24"},{"id":"jason-calacanis-022","date":"2026-03-24","date_precision":"day","era":"dtao","quote":"I see entrepreneurs like Gavin and Pranav trying these things across 128 ... And if it works, it's going to be cloud computing, storage, and ... lead gen. It's going to be everything. Everybody's going to try to play one of these games to lower the cost of basic services. That's my bet.","context":"Explaining how he arrives at the number, with two subnet founders (Gavin and Pranav) as guests.","about":"network","slots":["foundation.vision","value.functional"],"themes":["commodity markets","cost"],"metaphors":["games"],"source":{"url":"https://www.youtube.com/watch?v=txTnwkA1Rkw","medium":"youtube","title":"Jason Discloses his Holdings in Tao (clip from E2266, 2026-03-24)","outlet":"This Week in Startups Clips","timestamp":"00:04:29","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"24 Mar 2026","sort":"2026-03-24"},{"id":"jason-calacanis-023","date":"2026-03-24","date_precision":"day","era":"dtao","quote":"The chances of this happening are low. Like, 500 billion is a big number, but we've seen it happen before. Therefore, I am fine losing all my money, hundreds of thousands dollars, close to a million dollars, whatever I wind up putting in all this. I'm okay losing it. I haven't put any of my fund money in it","context":"Qualifying the 200x prediction and separating his personal bet from his venture funds.","about":"network","slots":["relationship","voice"],"themes":["risk"],"metaphors":[],"source":{"url":"https://www.youtube.com/watch?v=txTnwkA1Rkw","medium":"youtube","title":"Jason Discloses his Holdings in Tao (clip from E2266, 2026-03-24)","outlet":"This Week in Startups Clips","timestamp":"00:04:54","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"24 Mar 2026","sort":"2026-03-24"},{"id":"jason-calacanis-024","date":"2026-03-24","date_precision":"day","era":"dtao","quote":"Anyway, I'm in the learning phase here. I like, Alex, place a bet and learn. Not deliberate forever and then place a bet. Given my experience in life doing this for a long time, I just go all in and place a bet.","context":"Closing the disclosure segment; the earliest reached instance of the bet-and-learn phrase he later posted as bet to learn.","about":"network","slots":["language.term","value.self_expressive","relationship"],"themes":["learning by betting"],"metaphors":[],"source":{"url":"https://www.youtube.com/watch?v=txTnwkA1Rkw","medium":"youtube","title":"Jason Discloses his Holdings in Tao (clip from E2266, 2026-03-24)","outlet":"This Week in Startups Clips","timestamp":"00:05:20","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"24 Mar 2026","sort":"2026-03-24"},{"id":"ala-shaabana-038","date":"2026-03-25","date_precision":"day","era":"dtao","quote":"It's basically taking bitcoin's mining side and making that programmable on a new chain","context":"This Week in Startups appearance, explaining Bittensor to a startup audience; 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TAO's proposition is, we're not going to hire anybody. You have Earth's best minds competing against each other and they don't have to take a job ... You can't beat contestonomics that have financial incentives worldwide. It's the most efficient form of capitalism ever invented","context":"Spoken in a video interview and transcribed by a third-party account on X that clipped it; the original video was not reached.","about":"network","slots":["positioning.against","language.term","positioning.category"],"themes":["anti-vc","incentive design","capitalism"],"metaphors":["ferocious capitalism","satoshi counterfactual"],"source":{"url":"https://x.com/CryptoMikli/status/2037506323806347489","medium":"x","title":"Mark Jeffrey: TAO is the most efficient form of capitalism ever created","outlet":"Mikli (@CryptoMikli) on X, clipping a Mark Jeffrey interview","timestamp":"","archive_url":"","transcript":"secondary","host":"x.com","link":"manual"},"confidence":"probable","narrator":"mark-jeffrey","date_label":"27 Mar 2026","sort":"2026-03-27"},{"id":"sn120-011","date":"2026-04","date_precision":"month","era":"dtao","quote":"Jacob Robert Steeves is the co-founder of Bittensor, an open-source protocol supporting a decentralized machine-learning network built on blockchain technology.","context":"Speaker bio for Jacob Steeves, listed as CEO of Affine, on the Paris Blockchain Week 2026 site (event 15 to 16 April 2026); conference bios are normally supplied by the speaker.","about":"network","slots":["subnet.network","positioning.category","relationship"],"themes":["decentralised intelligence","open source"],"metaphors":["network"],"source":{"url":"https://parisblockchainweek.com/speaker-2026/jacob-robert-steeves","medium":"talk","title":"Jacob Robert Steeves - Bittensor, speaker page","outlet":"Paris Blockchain Week 2026","timestamp":"","archive_url":"","transcript":"show-notes","host":"parisblockchainweek.com","link":"live"},"confidence":"probable","narrator":"sn120","date_label":"Apr 2026","sort":"2026-04-01"},{"id":"jason-calacanis-025","date":"2026-04-03","date_precision":"day","era":"dtao","quote":"the reason is because I did place a bet on TAO uh like a couple of weeks ago I went public with, “Hey, yeah, I've got a small bet here because I think these subnets are fascinating in distributed computing.” ... I might be five or six hundred thousand dollars. A tiny bet.","context":"On All-In, after Chamath Palihapitiya said his TAO question to Jensen Huang had caused a storm online and that he was not long TAO; co-hosts teased him about TAO maxing.","about":"network","slots":["relationship","messaging.proof"],"themes":["disclosure","distributed computing"],"metaphors":[],"source":{"url":"https://www.youtube.com/watch?v=N-pust8qtGI","medium":"youtube","title":"SpaceX IPO, Iran War Fallout, Quantum Bitcoin Hack, The Space Opportunity","outlet":"All-In Podcast","timestamp":"01:17:56","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"3 Apr 2026","sort":"2026-04-03"},{"id":"jacob-steeves-046","date":"2026-04-09","date_precision":"day","quote":"This will prove to birth the first subnets on Bittensor that run headless and as true commodities.","context":"Post on X the night Covenant AI announced it was leaving subnets 3, 39 and 81, as quoted by The Block.","about":"network","slots":["positioning.category","language.term"],"themes":["commodity markets"],"metaphors":["headless commodity"],"source":{"url":"https://www.theblock.co/post/396959/covenant-ai-exits-bittensor-tao","medium":"article","title":"'It is decentralization theatre': Covenant AI exits Bittensor, TAO drops 15%","outlet":"The Block","timestamp":"","archive_url":"","transcript":"secondary","host":"theblock.co","link":"manual"},"confidence":"probable","era":"dtao","narrator":"jacob-steeves","date_label":"9 Apr 2026","sort":"2026-04-09"},{"id":"jacob-steeves-047","date":"2026-04-09","date_precision":"day","quote":"The outcome of this eventful evening is that Bittensor will invent lock-based subnet ownership.","context":"Same night, same thread, as quoted by The Block.","about":"network","slots":["opportunity","language.term"],"themes":["governance","ownership"],"metaphors":[],"source":{"url":"https://www.theblock.co/post/396959/covenant-ai-exits-bittensor-tao","medium":"article","title":"'It is decentralization theatre': Covenant AI exits Bittensor, TAO drops 15%","outlet":"The Block","timestamp":"","archive_url":"","transcript":"secondary","host":"theblock.co","link":"manual"},"confidence":"probable","era":"dtao","narrator":"jacob-steeves","date_label":"9 Apr 2026","sort":"2026-04-09"},{"id":"jacob-steeves-048","date":"2026-04-10","date_precision":"day","quote":"I do not have the ability to suspend emissions. What i did do is sell some of my alpha holdings on his three subnets, because they were not running, and were on near 100% burn code. ... I don't have any privilege beyond what normal TAO holders have.","context":"Post on X rebutting Samuel Dare's claim that he suspended Covenant's emissions.","about":"network","slots":["relationship","positioning.against"],"themes":["governance","validator power"],"metaphors":[],"source":{"url":"https://x.com/const_reborn/status/2042508660723581079","medium":"x","title":"Btw i should address some of the points in the article","outlet":"const on X","timestamp":"","archive_url":"","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","era":"dtao","narrator":"jacob-steeves","date_label":"10 Apr 2026","sort":"2026-04-10"},{"id":"jacob-steeves-049","date":"2026-04-10","date_precision":"day","quote":"Visibility is impossible to avoid in my position. I reserve my right to buy and sell tokens which is what underpins the entire system of dTao.","context":"Same post, on his token sales being read as punitive.","about":"network","slots":["relationship","foundation.values"],"themes":["token economics","governance"],"metaphors":[],"source":{"url":"https://x.com/const_reborn/status/2042508660723581079","medium":"x","title":"Btw i should address some of the points in the article","outlet":"const on X","timestamp":"","archive_url":"","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","era":"dtao","narrator":"jacob-steeves","date_label":"10 Apr 2026","sort":"2026-04-10"},{"id":"jason-calacanis-026","date":"2026-04-10","date_precision":"day","era":"dtao","quote":"it's a distributed network, and, just like Bitcoin, you can have uh, people compete to provide that service at the lowest possible price, which is super deflationary. And my thesis, and got an investment uh, in this space is I've got couple different investments in the subnets and I bought TAO directly.","context":"Opening the episode the morning after Covenant AI announced it was leaving Bittensor.","about":"network","slots":["positioning.reason","value.functional","relationship"],"themes":["deflation","competition"],"metaphors":[],"source":{"url":"https://www.youtube.com/watch?v=BaGVZI-sMK0","medium":"youtube","title":"Bittensor Drama! TAO down 15%! | E2274","outlet":"This Week in Startups","timestamp":"00:01:45","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"10 Apr 2026","sort":"2026-04-10"},{"id":"jason-calacanis-027","date":"2026-04-10","date_precision":"day","era":"dtao","quote":"making sure there aren't rug pulls like ... we saw all the time with ICOs or meme coins. This is a major vector of attack ... So, what TAO is trying to do is remove that possibility ... you have to have some control over the subnets and there has to be governance.","context":"Giving his first take when Alex Wilhelm read Covenant's statement accusing Bittensor of not being decentralised.","about":"network","slots":["problem.institutional"],"themes":["governance","rug pulls"],"metaphors":[],"source":{"url":"https://www.youtube.com/watch?v=BaGVZI-sMK0","medium":"youtube","title":"Bittensor Drama! 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But, you don't get to leave with everybody's tokens","context":"Disagreeing with Alex Wilhelm, who said he struggled to be angry at Sam Dare for moving Covenant elsewhere.","about":"subnet:3","slots":["positioning.against","foundation.values"],"themes":["rug pulls","ownership"],"metaphors":[],"source":{"url":"https://www.youtube.com/watch?v=BaGVZI-sMK0","medium":"youtube","title":"Bittensor Drama! TAO down 15%! | E2274","outlet":"This Week in Startups","timestamp":"00:07:23","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"10 Apr 2026","sort":"2026-04-10"},{"id":"jason-calacanis-029","date":"2026-04-10","date_precision":"day","era":"dtao","quote":"since the administrations changed and the folks who were running crypto policy have changed, I am now officially open for business in crypto ... I'm getting involved in TAO. I'm specifically looking though only for projects where there is a customer who is either making money, saving money, entertained, or otherwise delighted by a product or service.","context":"After Gareth Howells of Vidaio (subnet 85) demonstrated video upscaling.","about":"network","slots":["foundation.values","opportunity","relationship"],"themes":["real products","regulation"],"metaphors":[],"source":{"url":"https://www.youtube.com/watch?v=BaGVZI-sMK0","medium":"youtube","title":"Bittensor Drama! TAO down 15%! | E2274","outlet":"This Week in Startups","timestamp":"00:29:56","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"10 Apr 2026","sort":"2026-04-10"},{"id":"jason-calacanis-030","date":"2026-04-10","date_precision":"day","era":"dtao","quote":"I'm not looking for meme coins. I am not looking for pump and dumps. I'm looking for, you know, actual products that create value and use the technology ... And really, when you look at the Bittensor universe, incentives matter, tapping into a global workforce, tapping into global compute, having it be distributed","context":"Same passage, stating what he says Bittensor is for.","about":"network","slots":["foundation.mission","foundation.values"],"themes":["incentive design","global labour","compute"],"metaphors":[],"source":{"url":"https://www.youtube.com/watch?v=BaGVZI-sMK0","medium":"youtube","title":"Bittensor Drama! 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TAO down 15%! | E2274","outlet":"This Week in Startups","timestamp":"00:33:48","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"10 Apr 2026","sort":"2026-04-10"},{"id":"jason-calacanis-035","date":"2026-04-10","date_precision":"day","era":"dtao","quote":"This is capitalism at its finest. And if you ever dreamed of, you know, one human race working on projects beyond borders, beyond governments, beyond regulation, that's what makes this so um compelling to me. It kind of cuts across humanity and just makes a global competition for capitalism.","context":"The peak of the same answer, on why the miner market appeals to him.","about":"network","slots":["foundation.vision","value.emotional"],"themes":["borderless work","capitalism"],"metaphors":["global competition"],"source":{"url":"https://www.youtube.com/watch?v=BaGVZI-sMK0","medium":"youtube","title":"Bittensor Drama! TAO down 15%! | E2274","outlet":"This Week in Startups","timestamp":"00:34:38","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"10 Apr 2026","sort":"2026-04-10"},{"id":"jason-calacanis-036","date":"2026-04-10","date_precision":"day","era":"dtao","quote":"I'm not writing the code of Bittensor ... my job is to explain it in plain English and to explain my thesis. So, for people who are like you're pumping this, for people who are like you don't know what you're talking about, of course I don't know what I'm talking about. I am an investor. I am a commentator.","context":"Responding to critics in his X replies after Alex Wilhelm called buying TAO a call option on decentralised global intelligence.","about":"network","slots":["relationship","voice"],"themes":["disclosure"],"metaphors":[],"source":{"url":"https://www.youtube.com/watch?v=BaGVZI-sMK0","medium":"youtube","title":"Bittensor Drama! TAO down 15%! | E2274","outlet":"This Week in Startups","timestamp":"00:36:18","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"10 Apr 2026","sort":"2026-04-10"},{"id":"jason-calacanis-037","date":"2026-04-10","date_precision":"day","era":"dtao","quote":"My way is studying, placing bets, losing bets, learning, placing more bets, and that's the job of an investor. Is you learn by betting. My job is to learn by betting and to have conversations, which is what I'm doing here.","context":"Same passage, describing how he engages with the network.","about":"network","slots":["value.self_expressive","language.term"],"themes":["learning by betting"],"metaphors":[],"source":{"url":"https://www.youtube.com/watch?v=BaGVZI-sMK0","medium":"youtube","title":"Bittensor Drama! TAO down 15%! | E2274","outlet":"This Week in Startups","timestamp":"00:36:58","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"10 Apr 2026","sort":"2026-04-10"},{"id":"mark-jeffrey-031","date":"2026-04-10","date_precision":"day","era":"dtao","quote":"But Sam is not a key man for this ecosystem. The researchers who did the technical work, the miners who contributed compute, the validators who evaluated quality, they all remain, and Bittensor is 128 subnets, 482,000+ wallets, and an ecosystem of builders who are not going anywhere. One actor left the stage. The production continues.","context":"From The Show Goes On (TAO), a Stillcore Capital X Article published the day after Covenant AI founder Sam Dare exited Bittensor; signed by the fund he co-runs, not by him alone.","about":"network","slots":["positioning.against","problem.institutional","relationship"],"themes":["governance","key man risk","decentralisation"],"metaphors":["theatre"],"source":{"url":"https://x.com/stillcorecap/status/2042706992016560276","medium":"x","title":"The Show Goes On (TAO): Covenant's Departure & our TAO Thesis","outlet":"Stillcore Capital on X","timestamp":"","archive_url":"","transcript":"primary","host":"x.com","link":"manual"},"confidence":"probable","narrator":"mark-jeffrey","date_label":"10 Apr 2026","sort":"2026-04-10"},{"id":"mark-jeffrey-032","date":"2026-04-10","date_precision":"day","era":"dtao","quote":"Does TAO have governance defects? Yes. Does it need to become more decentralized? Yes, and Const has acknowledged this openly, with reforms underway for months. But the way to address those concerns is to build, not to rug your own investors and wrap a cash grab in the language of principle.","context":"Same Stillcore Capital article, conceding the governance critique while rejecting Sam Dare's exit; signed by the fund, not by him alone.","about":"network","slots":["positioning.against","problem.institutional","foundation.values"],"themes":["governance","decentralisation","validator power"],"metaphors":[],"source":{"url":"https://x.com/stillcorecap/status/2042706992016560276","medium":"x","title":"The Show Goes On (TAO): Covenant's Departure & our TAO Thesis","outlet":"Stillcore Capital on X","timestamp":"","archive_url":"","transcript":"primary","host":"x.com","link":"manual"},"confidence":"probable","narrator":"mark-jeffrey","date_label":"10 Apr 2026","sort":"2026-04-10"},{"id":"jacob-steeves-050","date":"2026-04-11","date_precision":"day","quote":"Someone I considered a brother, Samuel Dare, took actions with the intention to cause maximum pain","context":"Opening of his long-form X article 'Response to Covenant'.","about":"network","slots":["voice","positioning.against"],"themes":["governance"],"metaphors":["brother"],"source":{"url":"https://x.com/const_reborn/status/2043083033969033610","medium":"x","title":"Response to Covenant","outlet":"const on X","timestamp":"","archive_url":"","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","era":"dtao","narrator":"jacob-steeves","date_label":"11 Apr 2026","sort":"2026-04-11"},{"id":"jacob-steeves-051","date":"2026-04-11","date_precision":"day","quote":"Bittensor was built to be resistant to the pitfalls of human error; greed, selfishness, and other sins.","context":"Same article, on why the protocol is designed the way it is.","about":"network","slots":["foundation.values","positioning.differentiator"],"themes":["incentive design"],"metaphors":["sins"],"source":{"url":"https://x.com/const_reborn/status/2043083033969033610","medium":"x","title":"Response to Covenant","outlet":"const on X","timestamp":"","archive_url":"","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","era":"dtao","narrator":"jacob-steeves","date_label":"11 Apr 2026","sort":"2026-04-11"},{"id":"jacob-steeves-052","date":"2026-04-11","date_precision":"day","quote":"commitment, which Is measured as the time remaining before tokens can move; time + stake.","context":"Same article, defining the Locked Stake mechanism he proposed as the fix.","about":"network","slots":["language.term","opportunity"],"themes":["ownership","token economics"],"metaphors":[],"source":{"url":"https://x.com/const_reborn/status/2043083033969033610","medium":"x","title":"Response to Covenant","outlet":"const on X","timestamp":"","archive_url":"","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","era":"dtao","narrator":"jacob-steeves","date_label":"11 Apr 2026","sort":"2026-04-11"},{"id":"jacob-steeves-053","date":"2026-04-11","date_precision":"day","quote":"we are by far the most decentralized AI protocol In existence. ... Next time we train 1 trillion. - const","context":"Closing of the same article, after Covenant's 72B model training run on subnet 3.","about":"network","slots":["messaging.proof","positioning.differentiator","voice"],"themes":["decentralised intelligence"],"metaphors":[],"source":{"url":"https://x.com/const_reborn/status/2043083033969033610","medium":"x","title":"Response to Covenant","outlet":"const on X","timestamp":"","archive_url":"","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","era":"dtao","narrator":"jacob-steeves","date_label":"11 Apr 2026","sort":"2026-04-11"},{"id":"jason-calacanis-038","date":"2026-04-13","date_precision":"day","era":"dtao","quote":"Mark started telling me, Lon, about Bittensor and TAO cuz I was like, “Hey, what's going on?” Cuz I think crypto's turning a corner here. It's becoming legal. It's becoming regulated in a very intelligent way. And I'm curious, is there anybody doing anything where a consumer or an enterprise gets value other than store of value and money transfer?","context":"Introducing Mark Jeffrey and crediting him with bringing Bittensor to his attention.","about":"network","slots":["relationship","opportunity","problem.market"],"themes":["regulation","real products"],"metaphors":[],"source":{"url":"https://www.youtube.com/watch?v=sdhuUZbx5Sk","medium":"youtube","title":"Bittensor's (alleged) $10M rug pull (feat. Mark Jeffrey) | E2275","outlet":"This Week in Startups","timestamp":"00:01:42","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"13 Apr 2026","sort":"2026-04-13"},{"id":"jason-calacanis-039","date":"2026-04-13","date_precision":"day","era":"dtao","quote":"I found him a little squirrely ... I kind of pushed him on, “Hey, what are you doing next and how does this work?” And the answers, Mark, weren't as crisp or as tight as I might have expected from somebody running something significant","context":"On Sam Dare of Covenant AI, whom he had interviewed on TWiST on 2026-03-27; auto captions do not mark speakers, so parts of this exchange may be Lon Harris.","about":"subnet:3","slots":["positioning.against","voice"],"themes":["rug pulls"],"metaphors":[],"source":{"url":"https://www.youtube.com/watch?v=sdhuUZbx5Sk","medium":"youtube","title":"Bittensor's (alleged) $10M rug pull (feat. Mark Jeffrey) | E2275","outlet":"This Week in Startups","timestamp":"00:14:26","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"probable","narrator":"jason-calacanis","date_label":"13 Apr 2026","sort":"2026-04-13"},{"id":"jason-calacanis-040","date":"2026-04-13","date_precision":"day","era":"dtao","quote":"how can we avoid this in the future? And who owns a subnet? And who should own a subnet? Should it be the miners themselves or should there be governance here? Should there be a 51% rule where the people contributing to it own it? What's the best practice here","context":"Asking Mark Jeffrey how subnet ownership should be codified outside a Delaware corporation after the Covenant token sales.","about":"network","slots":["problem.institutional"],"themes":["governance","ownership"],"metaphors":[],"source":{"url":"https://www.youtube.com/watch?v=sdhuUZbx5Sk","medium":"youtube","title":"Bittensor's (alleged) $10M rug pull (feat. Mark Jeffrey) | E2275","outlet":"This Week in Startups","timestamp":"00:22:01","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"13 Apr 2026","sort":"2026-04-13"},{"id":"jason-calacanis-041","date":"2026-04-13","date_precision":"day","era":"dtao","quote":"I'm getting pulled in both directions. I've got my venture firm here, and then I'm a partner in Stillcore. Okay, I placed my bet here, but should I also be like, “Hmm, maybe Launch or my syndicate should talk to Ken about investing in his corporation.”","context":"Asking whether to hold subnet tokens or equity in the company behind BitMind (subnet 34), whose co-founder Ken Miyachi was a guest.","about":"network","slots":["relationship"],"themes":["token versus equity"],"metaphors":[],"source":{"url":"https://www.youtube.com/watch?v=sdhuUZbx5Sk","medium":"youtube","title":"Bittensor's (alleged) $10M rug pull (feat. Mark Jeffrey) | E2275","outlet":"This Week in Startups","timestamp":"00:33:18","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"13 Apr 2026","sort":"2026-04-13"},{"id":"jason-calacanis-042","date":"2026-04-13","date_precision":"day","era":"dtao","quote":"I think the easiest thing to do is buy a little bit of TAO. You get the mutual fund effect, which would be like if you asked me, “Should I be an angel investor, or should I put money into a VC firm?”","context":"Answering Lon Harris's question on whether a regular viewer should buy TAO or pick subnets.","about":"network","slots":["audience","positioning.category"],"themes":["retail entry","portfolio"],"metaphors":["mutual fund"],"source":{"url":"https://www.youtube.com/watch?v=sdhuUZbx5Sk","medium":"youtube","title":"Bittensor's (alleged) $10M rug pull (feat. Mark Jeffrey) | E2275","outlet":"This Week in Startups","timestamp":"00:35:47","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"13 Apr 2026","sort":"2026-04-13"},{"id":"jason-calacanis-043","date":"2026-04-13","date_precision":"day","era":"dtao","quote":"I don't have the time to evaluate every subnet, so I'm a partner and investor in Stillcore Capital, which Mark is doing. All of these things are incredibly speculative. 90% of the bets I make go to zero.","context":"Same answer, on why he delegates subnet selection to Stillcore.","about":"network","slots":["relationship","voice","audience"],"themes":["risk","portfolio"],"metaphors":[],"source":{"url":"https://www.youtube.com/watch?v=sdhuUZbx5Sk","medium":"youtube","title":"Bittensor's (alleged) $10M rug pull (feat. Mark Jeffrey) | E2275","outlet":"This Week in Startups","timestamp":"00:36:34","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"13 Apr 2026","sort":"2026-04-13"},{"id":"jason-calacanis-044","date":"2026-04-13","date_precision":"day","era":"dtao","quote":"is this a corporation, Will, and you have venture capital backing it, or is it just a straight anachronistic uh crypto weirdo project? How is this running?","context":"To Will Squires of Macrocosmos after the Iota (subnet 9) training demo.","about":"network","slots":["voice"],"themes":["real products"],"metaphors":[],"source":{"url":"https://www.youtube.com/watch?v=sdhuUZbx5Sk","medium":"youtube","title":"Bittensor's (alleged) $10M rug pull (feat. Mark Jeffrey) | E2275","outlet":"This Week in Startups","timestamp":"00:55:41","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"13 Apr 2026","sort":"2026-04-13"},{"id":"barry-silbert-036","date":"2026-04-20","date_precision":"day","era":"dtao","quote":"A big moment for subnet tokens and meaningful step forward for institutional participation in Bittensor $TAO","context":"X post on BitGo extending its Yuma partnership to subnet token custody and staking. Post text as indexed by the search engine under the direct X URL; the X page itself was not reachable in this session.","about":"network","slots":["messaging.proof","audience"],"themes":["subnets","institutional access"],"metaphors":[],"source":{"url":"https://x.com/BarrySilbert/status/2046292884404707516","medium":"x","title":"A big moment for subnet tokens","outlet":"@BarrySilbert on X","timestamp":"","archive_url":"","transcript":"none","host":"x.com","link":"manual"},"confidence":"probable","narrator":"barry-silbert","date_label":"20 Apr 2026","sort":"2026-04-20"},{"id":"mark-jeffrey-033","date":"2026-04-26","date_precision":"day","era":"dtao","quote":"The most important bubble chart: month-long Bittensor subnets, denominated in $TAO. What I care about MOST is how subnet bets OVER TIME expressed in $TAO (not dollars) do. The name of the game is: Accumulate as much $TAO as possible -- like it's BTC in 2013.","context":"An X post sharing a subnet performance chart two weeks after the Covenant exit, telling holders how to keep score.","about":"network","slots":["audience","messaging.h1","value.functional"],"themes":["accumulation","subnet tokens","unit of account"],"metaphors":["btc in 2013"],"source":{"url":"https://x.com/markjeffrey/status/2048465932964761799","medium":"x","title":"The most important bubble chart","outlet":"Mark Jeffrey on X","timestamp":"","archive_url":"","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","narrator":"mark-jeffrey","date_label":"26 Apr 2026","sort":"2026-04-26"},{"id":"barry-silbert-037","date":"2026-04-27","date_precision":"day","era":"dtao","quote":"Must read thread re State of Bittensor $TAO from @YumaGroup's COO","context":"X post pointing followers to Greg Schvey's thread after the Yuma Group Summit. Post text as indexed by the search engine under the direct X URL; the X page itself was not reachable in this session.","about":"network","slots":["messaging.proof","relationship"],"themes":["subnets"],"metaphors":[],"source":{"url":"https://x.com/BarrySilbert/status/2048755656254005254","medium":"x","title":"Must read thread re State of Bittensor $TAO","outlet":"@BarrySilbert on X","timestamp":"","archive_url":"","transcript":"none","host":"x.com","link":"manual"},"confidence":"probable","narrator":"barry-silbert","date_label":"27 Apr 2026","sort":"2026-04-27"},{"id":"sn64-015","date":"2026-05-15","date_precision":"day","era":"dtao","quote":"Chutes broke that cycle and unleashed the power of bittensor in a pretty huge way,","context":"Jon Durbin, quoted by tao.media from his article 'Chutes: a glance behind, and a leap ahead', on Bittensor usage having been limited before Chutes.","about":"network","slots":["subnet.network","messaging.proof","relationship"],"themes":["adoption","network usage"],"metaphors":[],"source":{"url":"https://www.tao.media/inside-chutes-next-phase-revenue-efficiency-ai-training-and-secure-infrastructure/","medium":"article","title":"Inside Chutes' Next Phase: Revenue Efficiency, AI Training, and Secure Infrastructure","outlet":"tao.media","timestamp":"","archive_url":"","transcript":"secondary","host":"tao.media","link":"live"},"confidence":"probable","narrator":"sn64","date_label":"15 May 2026","sort":"2026-05-15"},{"id":"sami-kassab-020","date":"2026-05-22","date_precision":"day","era":"dtao","quote":"Bittensor subnets are that substrate. They're literally just an objective function that rewards those that optimize for it. … Bittensor has built a mechanism to extract cooperation out of competition, which means it's become the only platform agents are actually cooperating on today.","context":"From his essay claiming Bittensor is the only venue where AI agents actually work together, because agent marketplaces without a quality measure have nothing to coordinate.","about":"network","slots":["positioning.differentiator","messaging.h1"],"themes":["agents","coordination","competition"],"metaphors":["substrate"],"source":{"url":"https://www.unsupervised.capital/writing/the-only-place-where-agents-are-working-together-today","medium":"blog","title":"The Only Place Where Agents are Working Together Today","outlet":"Unsupervised Capital","timestamp":"","archive_url":"","transcript":"primary","host":"unsupervised.capital","link":"live"},"confidence":"verified","narrator":"sami-kassab","date_label":"22 May 2026","sort":"2026-05-22"},{"id":"ala-shaabana-045","date":"2026-06-02","date_precision":"day","era":"current","quote":"We all know that Bitcoin really dwarfs the top 100 supercomputers. Does anybody know, in comparison, what the hash rate is? It's over 600,000 times the power of really what these supercomputers can do. And that's just, really, it's Bitcoin.","context":"On stage at Proof of Talk 2026 in Paris, arguing that decentralised incentive networks out-marshal corporate data centres; quoted by CoinDesk's Olivier Acuna.","about":"network","slots":["messaging.proof","positioning.reason","opportunity"],"themes":["incentive design","compute"],"metaphors":["bitcoin"],"source":{"url":"https://www.coindesk.com/tech/2026/06/02/bitcoin-s-compute-power-dwarfs-top-100-supercomputers-by-600-000x-says-bittensor-co-founder","medium":"talk","title":"Bitcoin's compute power dwarfs top 100 supercomputers by 600k times, says Bittensor co-founder","outlet":"Proof of Talk 2026, via CoinDesk","timestamp":"","archive_url":"","transcript":"secondary","host":"coindesk.com","link":"live"},"confidence":"probable","narrator":"ala-shaabana","date_label":"2 Jun 2026","sort":"2026-06-02"},{"id":"ala-shaabana-046","date":"2026-06-02","date_precision":"day","era":"current","quote":"Show me the subnet, and I'll tell you what the miners are optimizing for.","context":"Proof of Talk 2026, adapting the incentives line attributed to Charlie Munger to subnet design; quoted by CoinDesk.","about":"network","slots":["voice","positioning.reason","language.term"],"themes":["incentive design","subnets"],"metaphors":[],"source":{"url":"https://www.coindesk.com/tech/2026/06/02/bitcoin-s-compute-power-dwarfs-top-100-supercomputers-by-600-000x-says-bittensor-co-founder","medium":"talk","title":"Bitcoin's compute power dwarfs top 100 supercomputers by 600k times, says Bittensor co-founder","outlet":"Proof of Talk 2026, via CoinDesk","timestamp":"","archive_url":"","transcript":"secondary","host":"coindesk.com","link":"live"},"confidence":"probable","narrator":"ala-shaabana","date_label":"2 Jun 2026","sort":"2026-06-02"},{"id":"ala-shaabana-047","date":"2026-06-02","date_precision":"day","era":"current","quote":"The long-term bull case is no longer primarily technological. It is driven by debt, liquidity, and declining trust in traditional sovereign systems. Subnets really create markets. Intelligence really is no longer locked behind issues of organization; signals will define the truth, and performance is really rewarded.","context":"Proof of Talk 2026, closing his argument on why decentralised networks win; quoted by CoinDesk.","about":"network","slots":["opportunity","positioning.category","foundation.vision"],"themes":["commodity markets","subnets","macro"],"metaphors":["market"],"source":{"url":"https://www.coindesk.com/tech/2026/06/02/bitcoin-s-compute-power-dwarfs-top-100-supercomputers-by-600-000x-says-bittensor-co-founder","medium":"talk","title":"Bitcoin's compute power dwarfs top 100 supercomputers by 600k times, says Bittensor co-founder","outlet":"Proof of Talk 2026, via CoinDesk","timestamp":"","archive_url":"","transcript":"secondary","host":"coindesk.com","link":"live"},"confidence":"probable","narrator":"ala-shaabana","date_label":"2 Jun 2026","sort":"2026-06-02"},{"id":"jacob-steeves-054","date":"2026-06-21","date_precision":"day","quote":"Bittensor is currently not a decentralized protocol in the way Bitcoin is. It can be, and it will be, but it isn't yet.","context":"Opening of his long-form X article on decentralization, two months after the Covenant dispute.","about":"network","slots":["relationship","foundation.values"],"themes":["governance","decentralised intelligence"],"metaphors":[],"source":{"url":"https://x.com/const_reborn/status/2068760333787808043","medium":"x","title":"Decentralization and Bittensor's Road towards it.","outlet":"const on X","timestamp":"","archive_url":"","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","era":"current","narrator":"jacob-steeves","date_label":"21 Jun 2026","sort":"2026-06-21"},{"id":"jacob-steeves-055","date":"2026-06-21","date_precision":"day","quote":"Bittensor's vision is the unification of two technologies: the fast-paced, mutable substrate of AI plus incentive, and the ethically rooted, immovable substrate of Bitcoin.","context":"Same article, restating the vision.","about":"network","slots":["foundation.vision","messaging.h1"],"themes":["decentralised intelligence","incentive design"],"metaphors":["two substrates"],"source":{"url":"https://x.com/const_reborn/status/2068760333787808043","medium":"x","title":"Decentralization and Bittensor's Road towards it.","outlet":"const on X","timestamp":"","archive_url":"","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","era":"current","narrator":"jacob-steeves","date_label":"21 Jun 2026","sort":"2026-06-21"},{"id":"jacob-steeves-056","date":"2026-06-21","date_precision":"day","quote":"Bittensor is built on one of the most profound, well-built technologies ever created: Substrate, Polkadot tooling for the creation of blockchains, which is upgradable, connectable, hard-packed with an SDK and cryptography to make it resistant to any group while remaining mutable, extremely fast-running, and decentralized.","context":"Same article, on the chain stack; this passage was quoted by Robert Scoble the same day.","about":"network","slots":["positioning.reason","messaging.proof"],"themes":["censorship resistance"],"metaphors":[],"source":{"url":"https://x.com/const_reborn/status/2068760333787808043","medium":"x","title":"Decentralization and Bittensor's Road towards it.","outlet":"const on X","timestamp":"","archive_url":"","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","era":"current","narrator":"jacob-steeves","date_label":"21 Jun 2026","sort":"2026-06-21"},{"id":"jacob-steeves-057","date":"2026-06-21","date_precision":"day","quote":"Instead, Bittensor has leaders. There are people at its helm: me, two other engineers, and a very tight-knit group.","context":"Same article, admitting who currently steers the core economic layer.","about":"network","slots":["relationship","problem.institutional"],"themes":["governance"],"metaphors":["helm"],"source":{"url":"https://x.com/const_reborn/status/2068760333787808043","medium":"x","title":"Decentralization and Bittensor's Road towards it.","outlet":"const on X","timestamp":"","archive_url":"","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","era":"current","narrator":"jacob-steeves","date_label":"21 Jun 2026","sort":"2026-06-21"},{"id":"jacob-steeves-058","date":"2026-06-21","date_precision":"day","quote":"There is no point in decentralizing a system that doesn't yet deserve decentralization. ... We have decided to move fast and iterate, update, and develop quickly, at the cost of remaining centralized.","context":"Same article, defending the current centralization as a deliberate speed tradeoff.","about":"network","slots":["foundation.values","positioning.against"],"themes":["governance"],"metaphors":[],"source":{"url":"https://x.com/const_reborn/status/2068760333787808043","medium":"x","title":"Decentralization and Bittensor's Road towards it.","outlet":"const on X","timestamp":"","archive_url":"","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","era":"current","narrator":"jacob-steeves","date_label":"21 Jun 2026","sort":"2026-06-21"},{"id":"jacob-steeves-059","date":"2026-06-21","date_precision":"day","quote":"Bittensor is not complete until thoroughly decentralized, and decentralization is the crowning jewel of what we are building.","context":"Same article, giving roughly eighteen months as the horizon for full decentralization.","about":"network","slots":["foundation.vision","foundation.values"],"themes":["governance","decentralised intelligence"],"metaphors":["crowning jewel"],"source":{"url":"https://x.com/const_reborn/status/2068760333787808043","medium":"x","title":"Decentralization and Bittensor's Road towards it.","outlet":"const on X","timestamp":"","archive_url":"","transcript":"primary","host":"x.com","link":"manual"},"confidence":"verified","era":"current","narrator":"jacob-steeves","date_label":"21 Jun 2026","sort":"2026-06-21"},{"id":"sami-kassab-021","date":"2026-06-25","date_precision":"day","era":"current","quote":"Bittensor is not the same network it was three months ago, let alone a year ago. … These kinds of changes are extremely difficult to push through a democratic process, where consensus is slow and likely to be out of reach.","context":"From his essay on the run of protocol changes in 2026, endorsing founder-led direction for what he calls the Velocity era while listing what still needs fixing.","about":"network","slots":["foundation.values","positioning.against","problem.institutional"],"themes":["governance","founder leadership","change"],"metaphors":[],"source":{"url":"https://www.unsupervised.capital/writing/the-constant-is-change","medium":"blog","title":"The Constant is Change","outlet":"Unsupervised Capital","timestamp":"","archive_url":"","transcript":"primary","host":"unsupervised.capital","link":"live"},"confidence":"verified","narrator":"sami-kassab","date_label":"25 Jun 2026","sort":"2026-06-25"},{"id":"sami-kassab-022","date":"2026-06-25","date_precision":"day","era":"current","quote":"Emission allocation needs to be redesigned, validators need to be made productive, complexity needs to be stripped out for new builders. … Neither TAO nor subnet tokens were pre-mined. Both were earned through useful work. … through all the drama, late night upgrades, and changes, I stay convicted.","context":"From the same essay, where he identifies as an operator and investor deep in the ecosystem and criticises past communication gaps.","about":"network","slots":["problem.market","foundation.values","relationship","value.emotional"],"themes":["emissions","validator power","fair launch","conviction"],"metaphors":[],"source":{"url":"https://www.unsupervised.capital/writing/the-constant-is-change","medium":"blog","title":"The Constant is Change","outlet":"Unsupervised Capital","timestamp":"","archive_url":"","transcript":"primary","host":"unsupervised.capital","link":"live"},"confidence":"verified","narrator":"sami-kassab","date_label":"25 Jun 2026","sort":"2026-06-25"},{"id":"barry-silbert-038","date":"2026-06-26","date_precision":"day","era":"current","quote":"AI is becoming a core portfolio allocation. But for most investors, it's limited to a few, big players. Bittensor offers access to a decentralized network of AI projects.","context":"Quoted by Benzinga around the launch of the Yuma Total Market Fund; the article returned 403 and the text was seen only in a search index summary, so the wording is unconfirmed.","about":"network","slots":["audience","problem.market","value.functional"],"themes":["institutional access","concentration of ai"],"metaphors":[],"source":{"url":"https://www.benzinga.com/crypto/cryptocurrency/26/06/60120104/bitcoin-og-barry-silbert-bets-big-on-decentralized-ai-exposure-through-this-2-billion-crypto","medium":"article","title":"Bitcoin OG Barry Silbert Bets Big On Decentralized AI Exposure Through This $2B Crypto","outlet":"Benzinga","timestamp":"","archive_url":"","transcript":"secondary","host":"benzinga.com","link":"live"},"confidence":"unverified","narrator":"barry-silbert","date_label":"26 Jun 2026","sort":"2026-06-26"},{"id":"opentensor-foundation-039","date":"2026-07","date_precision":"month","era":"current","quote":"The cost of registering a subnet has been one of the network’s quietest failures. … a subnet nobody uses still collects a slice of every block, which is to say, the tail of the network dilutes the subnets doing real work.","context":"The V440 upgrade note on bittensor.com, titled The Emission Gate and dated July 2026, explaining the problem it fixes.","about":"network","slots":["problem.institutional","voice"],"themes":["token economics","incentive design"],"metaphors":["tail"],"source":{"url":"https://www.bittensor.com/releases/v440-upgrade","medium":"blog","title":"The V440 Upgrade: The Emission Gate","outlet":"bittensor.com","timestamp":"","archive_url":"","transcript":"primary","host":"bittensor.com","link":"live"},"confidence":"verified","narrator":"opentensor-foundation","date_label":"Jul 2026","sort":"2026-07-01"},{"id":"opentensor-foundation-040","date":"2026-07","date_precision":"month","era":"current","quote":"Spec 440 changes Bittensor’s emission curve. Emission remains price-based, but prices now pass through a threshold ‘gate’ — an inflection point centered around the 32nd rank. Above the gate, emission is essentially unchanged. Below it, emission collapses toward zero.","context":"The V440 upgrade note describing the change to subnet emission.","about":"network","slots":["language.term","value.functional"],"themes":["token economics"],"metaphors":["gate"],"source":{"url":"https://www.bittensor.com/releases/v440-upgrade","medium":"blog","title":"The V440 Upgrade: The Emission Gate","outlet":"bittensor.com","timestamp":"","archive_url":"","transcript":"primary","host":"bittensor.com","link":"live"},"confidence":"verified","narrator":"opentensor-foundation","date_label":"Jul 2026","sort":"2026-07-01"},{"id":"opentensor-foundation-041","date":"2026-07","date_precision":"month","era":"current","quote":"TAO is not just a utility token — it is a productive asset. Holding it earns a share of the inflation of all 128 competitively optimized subnets. We call that share root proportion: the fraction of Bittensor’s underlying subnets owed to TAO itself.","context":"Opening of the V441 upgrade note on bittensor.com, titled Root Reborn and dated July 2026.","about":"network","slots":["language.term","value.functional","positioning.category"],"themes":["token economics","ownership"],"metaphors":["productive asset"],"source":{"url":"https://www.bittensor.com/releases/v441-upgrade","medium":"blog","title":"Root Reborn: The V441 Upgrade","outlet":"bittensor.com","timestamp":"","archive_url":"","transcript":"primary","host":"bittensor.com","link":"live"},"confidence":"verified","narrator":"opentensor-foundation","date_label":"Jul 2026","sort":"2026-07-01"},{"id":"opentensor-foundation-042","date":"2026-07","date_precision":"month","era":"current","quote":"Nearly half of all TAO in existence sits on root — 73% of all staked TAO. Until now that capital has been sterile, because the chain enforced a bias on how its owed inflation was used: sold into TAO the moment it arrived. 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It's a crypto project. Somebody who is creating a subnet that is putting GLM 5.2 and other models available at really cheap prices. So I all of a sudden experienced because they gave me an API key having my token cost go down 95%.","context":"On All-In, describing how he runs his own agents; a Bittensor inference subnet cut his token cost.","about":"network","slots":["messaging.proof","value.functional"],"themes":["inference cost"],"metaphors":[],"source":{"url":"https://www.youtube.com/watch?v=PHL1j2ti420","medium":"youtube","title":"OpenAI vs Anthropic IPOs, Anthropic $3T, Zuck's Price War, China Ends Open Source?, Trump Accounts","outlet":"All-In Podcast","timestamp":"00:25:38","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"10 Jul 2026","sort":"2026-07-10"},{"id":"jason-calacanis-046","date":"2026-07-15","date_precision":"day","era":"current","quote":"bittensor:native = ai sovereignty \n\nPlease buy just one $tao on @coinbase for two reasons: \n\n1. “bet to to learn” while… \n\n2. …  you support “a third way” to protect sovereign intelligence \n\nThis is financial and philosophical advice. \n\nWorst case you lose $200, best case you","context":"Quote-posting @Raleigh_CA's thread Who owns your Intelligence; the X syndication endpoint truncates the post after best case you, and bittensor:native is X's cashtag markup for $TAO.","about":"network","slots":["messaging.h1","language.term","foundation.vision","audience"],"themes":["ai sovereignty","retail entry","learning by betting"],"metaphors":["third way"],"source":{"url":"https://x.com/Jason/status/2077306951533318599","medium":"x","title":"bittensor:native = ai sovereignty","outlet":"@Jason on X","timestamp":"","archive_url":"","transcript":"none","host":"x.com","link":"manual"},"confidence":"verified","narrator":"jason-calacanis","date_label":"15 Jul 2026","sort":"2026-07-15"},{"id":"sami-kassab-023","date":"2026-07-17","date_precision":"day","era":"current","quote":"The chain now splits emissions two ways. One part still deepens the pool while the other part goes straight into buying the subnet's own token. … This turns Bittensor into a VC investing in the emerging leaders on its own network.","context":"From his note the day after a pull request changed how emissions are used, arguing top subnets now have a protocol buyer sized to match miner selling.","about":"network","slots":["value.functional","positioning.category","opportunity"],"themes":["emissions","buybacks","subnet tokens"],"metaphors":["venture capitalist"],"source":{"url":"https://www.unsupervised.capital/writing/top-subnets-now-have-more-buyers-than-sellers","medium":"blog","title":"Top Subnets Now Have More Buyers than Sellers","outlet":"Unsupervised Capital","timestamp":"","archive_url":"","transcript":"primary","host":"unsupervised.capital","link":"live"},"confidence":"verified","narrator":"sami-kassab","date_label":"17 Jul 2026","sort":"2026-07-17"},{"id":"barry-silbert-039","date":"2026-07-26","date_precision":"day","era":"current","quote":"Jason gets it. He's early in the next big thing, like usual Don't sleep on Bittensor $TAO","context":"X post quoting Jason Calacanis, who had written that he was buying TAO. 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HelixForge, our…","context":"Post by @theminos_ai announcing the OpenAI paper, reachable only as the truncated text of an Opentensor Foundation repost; date decoded from the repost id.","about":"subnet:107","slots":["messaging.proof","voice"],"themes":["research","credibility"],"metaphors":[],"source":{"url":"https://x.com/opentensor/status/2082162531313877146","medium":"x","title":"Opentensor Foundation repost of @theminos_ai","outlet":"X","timestamp":"","archive_url":"","transcript":"secondary","host":"x.com","link":"manual"},"confidence":"probable","narrator":"sn107","date_label":"28 Jul 2026","sort":"2026-07-28"},{"id":"jacob-steeves-060","date":"2026-08","date_precision":"month","quote":"the internal machinery of capitalism","context":"Phrase attributed to him in the show notes of This Week in Startups episode 2326, describing how dTAO ranks subnets; transcript not reached.","about":"network","slots":["language.term","positioning.category"],"themes":["commodity markets","token economics"],"metaphors":["machinery of capitalism"],"source":{"url":"https://podcasts.apple.com/ch/podcast/bittensor-creator-const-on-affine-dtao-mining-reasoning/id315114957?i=1000783932664","medium":"podcast","title":"Bittensor creator Const on Affine, dTAO, 'mining reasoning,' and more | E2326","outlet":"This Week in Startups","timestamp":"","archive_url":"","transcript":"show-notes","host":"podcasts.apple.com","link":"live"},"confidence":"probable","era":"current","narrator":"jacob-steeves","date_label":"Aug 2026","sort":"2026-08-01"},{"id":"jason-calacanis-047","date":"2026-08-03","date_precision":"day","era":"current","quote":"The $btc power bottom is in! 😂 \n\nSeriously, if you were my brother I would say “sell half your bitcoin and put it into productive projects like bittensor:native and solana:So11111111111111111111111111111111111111112, that are actually delivering new products — not just projects","context":"Post on X, truncated by the syndication endpoint; Yahoo Finance and TheStreet complete it as not just projects and promises; the cashtag markup is X's.","about":"network","slots":["positioning.against","audience","voice"],"themes":["anti-bitcoin","productive assets"],"metaphors":[],"source":{"url":"https://x.com/Jason/status/2084380682252329366","medium":"x","title":"The $btc power bottom is in!","outlet":"@Jason on X","timestamp":"","archive_url":"","transcript":"none","host":"x.com","link":"manual"},"confidence":"verified","narrator":"jason-calacanis","date_label":"3 Aug 2026","sort":"2026-08-03"},{"id":"sami-kassab-024","date":"2026-08-05","date_precision":"day","era":"current","quote":"Bittensor is becoming the mirror for AI the same way Bitcoin is for money. … Const is effectively operating as CEO again, and upgrades are shipping faster than they have in a year. … Decentralized AI will be the largest crypto movement since Bitcoin.","context":"From the excerpts of the fund's Q2 2026 letter; the last sentence is the latest instance of the since-Bitcoin line he first used in April 2025.","about":"network","slots":["messaging.h1","foundation.vision","relationship"],"themes":["bitcoin comparison","narrative","founder leadership"],"metaphors":["mirror","bitcoin"],"source":{"url":"https://www.unsupervised.capital/writing/excerpts-from-our-q226-investor-letter","medium":"blog","title":"Excerpts from our Q2'26 Investor Letter","outlet":"Unsupervised Capital","timestamp":"","archive_url":"","transcript":"primary","host":"unsupervised.capital","link":"live"},"confidence":"verified","narrator":"sami-kassab","date_label":"5 Aug 2026","sort":"2026-08-05"},{"id":"jason-calacanis-048","date":"2026-08-17","date_precision":"day","era":"current","quote":"I've been looking for a crypto project that would solve problems in the real world ... the second bet I made was on Bittensor. Why did I make it on Bittensor? I just saw these subnets actually solving problems in the real world. And I said, “This is what I've been waiting for.”","context":"Opening the Const interview with Lon Harris; his first bet was Bitcoin.","about":"network","slots":["positioning.reason","relationship"],"themes":["real products"],"metaphors":[],"source":{"url":"https://www.youtube.com/watch?v=quq00obUVQ4","medium":"youtube","title":"Bittensor creator Const on Affine, dTAO, “mining reasoning,” and more | E2326","outlet":"This Week in Startups","timestamp":"00:00:48","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"17 Aug 2026","sort":"2026-08-17"},{"id":"jason-calacanis-049","date":"2026-08-17","date_precision":"day","era":"current","quote":"If you're a neophyte to crypto or you think crypto is a scam, I really want you to pay attention to this one because there's two times in the history of crypto I said definitely not a scam ... It was Bitcoin. I made millions and it's TAO. I predict I'm going to make tens of millions.","context":"Framing the Const interview for viewers who distrust crypto.","about":"network","slots":["audience","positioning.category","messaging.h1","voice"],"themes":["bitcoin comparison"],"metaphors":[],"source":{"url":"https://www.youtube.com/watch?v=quq00obUVQ4","medium":"youtube","title":"Bittensor creator Const on Affine, dTAO, “mining reasoning,” and more | E2326","outlet":"This Week in Startups","timestamp":"00:02:52","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"17 Aug 2026","sort":"2026-08-17"},{"id":"jason-calacanis-050","date":"2026-08-17","date_precision":"day","era":"current","quote":"just buy one TAO is what I've been telling folks. Why? Because I think it is a ticket to watch ... a spectacular experiment occur ... It's a front row seat to like bet and learn and it's not financial advice","context":"Closing the Const interview; the latest reached instance of the buy one TAO line.","about":"network","slots":["messaging.h1","value.self_expressive","audience"],"themes":["retail entry","learning by betting"],"metaphors":["ticket"],"source":{"url":"https://www.youtube.com/watch?v=quq00obUVQ4","medium":"youtube","title":"Bittensor creator Const on Affine, dTAO, “mining reasoning,” and more | E2326","outlet":"This Week in Startups","timestamp":"01:16:19","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"17 Aug 2026","sort":"2026-08-17"},{"id":"jason-calacanis-051","date":"2026-08-17","date_precision":"day","era":"current","quote":"it's also like in one way a vote ... a vote of confidence that maybe there could be a decentralized AI intelligence platform out there and that's good for humanity.","context":"Same passage, the second reason he gives for buying one TAO.","about":"network","slots":["value.emotional","foundation.vision"],"themes":["decentralised intelligence"],"metaphors":["vote"],"source":{"url":"https://www.youtube.com/watch?v=quq00obUVQ4","medium":"youtube","title":"Bittensor creator Const on Affine, dTAO, “mining reasoning,” and more | E2326","outlet":"This Week in Startups","timestamp":"01:16:54","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"17 Aug 2026","sort":"2026-08-17"},{"id":"jason-calacanis-052","date":"2026-08-17","date_precision":"day","era":"current","quote":"non-builders like myself saying hey I want to invest in this because I think there's something here and I'm fascinated by it and I like to make a return ... maybe this thing can go 100 or a thousandx that's why I make the bet it's like a real long shot kind of bet in my mind","context":"Asking Const whether speculators like him help or distract the project.","about":"network","slots":["relationship","positioning.reason","value.self_expressive"],"themes":["speculation"],"metaphors":[],"source":{"url":"https://www.youtube.com/watch?v=quq00obUVQ4","medium":"youtube","title":"Bittensor creator Const on Affine, dTAO, “mining reasoning,” and more | E2326","outlet":"This Week in Startups","timestamp":"01:17:57","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"17 Aug 2026","sort":"2026-08-17"},{"id":"jason-calacanis-053","date":"2026-08-17","date_precision":"day","era":"current","quote":"when you spend an hour talking to him, it reminds me of what I saw in the Bitcoin early ... True Believers and I had somebody on I think in 2011 ... and I saw it then I didn't make a big enough bet and now I see this and it just all the signaling is going off.","context":"To Lon Harris after Const left the call.","about":"network","slots":["positioning.reason","messaging.proof","relationship"],"themes":["bitcoin comparison","timing"],"metaphors":["true believers"],"source":{"url":"https://www.youtube.com/watch?v=quq00obUVQ4","medium":"youtube","title":"Bittensor creator Const on Affine, dTAO, “mining reasoning,” and more | E2326","outlet":"This Week in Startups","timestamp":"01:20:02","archive_url":"","transcript":"auto","host":"youtube.com","link":"live"},"confidence":"verified","narrator":"jason-calacanis","date_label":"17 Aug 2026","sort":"2026-08-17"},{"id":"jason-calacanis-054","date":"2026-08-17","date_precision":"day","era":"current","quote":"So I was like, “All right, let me put like I don't know if I put like half a million or 750 into this, something like that.” Not a lot of money for me. ... 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Every crown inside its window gets one equal share (2 paid crowns = 50/50, 3 = thirds); an older crown earns nothing even while it still holds the throne for duels; no paid crown = the emission burns.","context":"The Payout rule block on the affine.io homepage, dated 2026-09-14.","about":"subnet:120","slots":["subnet.self","value.functional","voice"],"themes":["incentive design","token economics"],"metaphors":["crown","throne"],"source":{"url":"https://www.affine.io","medium":"docs","title":"Affine homepage, Payout rule","outlet":"affine.io","timestamp":"","archive_url":"","transcript":"primary","host":"affine.io","link":"live"},"confidence":"verified","narrator":"sn120","date_label":"14 Sep 2026","sort":"2026-09-14"},{"id":"opentensor-foundation-043","date":"2026-09-15","date_precision":"day","era":"current","quote":"Bittensor — decentralized machine intelligence network … Bittensor is an open network where independent subnets produce digital commodities and the chain pays contributors in TAO.","context":"Page title and one-line definition on the live bittensor.com front page, the first front-page tagline since 2023.","about":"network","slots":["messaging.h1","positioning.category","foundation.mission"],"themes":["decentralised intelligence","commodity markets"],"metaphors":["network"],"source":{"url":"https://www.bittensor.com/","medium":"other","title":"bittensor.com front page","outlet":"bittensor.com","timestamp":"","archive_url":"","transcript":"primary","host":"bittensor.com","link":"live"},"confidence":"verified","narrator":"opentensor-foundation","date_label":"15 Sep 2026","sort":"2026-09-15"},{"id":"opentensor-foundation-044","date":"2026-09-15","date_precision":"day","era":"current","quote":"Bittensor is a blockchain (the subtensor chain) that coordinates and pays for useful work. … A subnet is an independent incentive market, identified by an integer netuid. … Miners produce the commodity, validators score the miners, subnet creators define the incentive mechanism, and stakers back validators with TAO.","context":"The live docs landing page and its network concepts page on bittensor.com, which replaced docs.bittensor.com.","about":"network","slots":["language.term","positioning.category","audience"],"themes":["incentive design","commodity markets"],"metaphors":["market"],"source":{"url":"https://www.bittensor.com/docs","medium":"docs","title":"Bittensor Docs","outlet":"bittensor.com","timestamp":"","archive_url":"","transcript":"primary","host":"bittensor.com","link":"live"},"confidence":"verified","narrator":"opentensor-foundation","date_label":"15 Sep 2026","sort":"2026-09-15"},{"id":"opentensor-foundation-045","date":"2026-09-15","date_precision":"day","era":"current","quote":"Bittensor is essentially a language for writing numerous decentralized commodity markets, or ‘subnets’, situated under a unified token system. … By analogy, Bittensor brings the same type of abstraction which Ethereum added to Bitcoin for running decentralized contracts, but onto Bitcoin’s inverse innovation — digital markets.","context":"The Bittensor Paradigm, the live About page of bittensor.com, bylined Const, core dev at Rao Foundation; the 2024 site menu listed a Paradigm page but no capture of it was found.","about":"network","slots":["positioning.category","positioning.differentiator","language.term"],"themes":["commodity markets","decentralised intelligence"],"metaphors":["language","bitcoin"],"source":{"url":"https://www.bittensor.com/about","medium":"other","title":"The Bittensor Paradigm","outlet":"bittensor.com","timestamp":"","archive_url":"","transcript":"primary","host":"bittensor.com","link":"live"},"confidence":"verified","narrator":"opentensor-foundation","date_label":"15 Sep 2026","sort":"2026-09-15"},{"id":"opentensor-foundation-046","date":"2026-09-15","date_precision":"day","era":"current","quote":"For front-end customers, Bittensor offers access to resources at a cheaper price and without intermediary; unclosable, not falsely self-proclaimed as “open”.","context":"The Bittensor Paradigm page listing what the network offers customers, contrasting it with systems it calls falsely open.","about":"network","slots":["value.functional","positioning.against"],"themes":["censorship resistance","anti-openai"],"metaphors":[],"source":{"url":"https://www.bittensor.com/about","medium":"other","title":"The Bittensor Paradigm","outlet":"bittensor.com","timestamp":"","archive_url":"","transcript":"primary","host":"bittensor.com","link":"live"},"confidence":"verified","narrator":"opentensor-foundation","date_label":"15 Sep 2026","sort":"2026-09-15"}],"metaphors":[{"label":"market","wording":"a market where intelligence is priced by other intelligence systems","first":{"narrator":"ala-shaabana","statement":"ala-shaabana-001","date":"2020"},"users":[{"narrator":"ala-shaabana","first":"ala-shaabana-001","first_date":"2020","last_date":"2026-06-02","count":3,"origin":"reused","wording":"a market where intelligence is priced by other intelligence systems","lineage_notes":"The whitepaper frame shared with Jacob Steeves under the Yuma Rao pseudonym; Shaabana returns to it in 2026 as 'Subnets really create markets' [ala-shaabana-047]."},{"narrator":"jacob-steeves","first":"jacob-steeves-002","first_date":"2020-03-09","last_date":"2022-12-08","count":5,"origin":"introduced","wording":"a market where intelligence is priced by other intelligence systems peer-to-peer across the internet","lineage_notes":"Carried into the NeurIPS 2022 paper and into every later 'subnets create markets for digital commodities' framing; the 2025 dTAO whitepaper by Yuma Rao and others reuses it at https://www.bittensor.com/dtao-whitepaper"},{"narrator":"opentensor-foundation","first":"opentensor-foundation-001","first_date":"2020-03-09","last_date":"2026-09-15","count":7,"origin":"introduced","wording":"a market where intelligence is priced by other intelligence systems","lineage_notes":"The whitepaper frame; repeated as 'a pure market for artificial intelligence' in the 2023 docs and 'the free market we have built for AI' in November 2023. Jacob Steeves uses the same frame in his own writing (medium.com/@unconst)."},{"narrator":"sn120","first":"sn120-006","first_date":"2025","last_date":"2025-10-29","count":2,"origin":"reused","wording":"A direct market for engineers to upload open models","lineage_notes":"Foundation and founder language; also in Steeves's description of Lium as a permissionless market in the same ChainCatcher interview."},{"narrator":"teng-yan","first":"teng-yan-011","first_date":"2025-02-21","last_date":"2025-05-27","count":2,"origin":"reused","wording":"power shifting from top validators to the open market","lineage_notes":"Sami Kassab uses the same handing-to-the-market frame at https://www.unsupervised.capital/writing/reframing-subnet-valuation."},{"narrator":"sn4","first":"sn4-012","first_date":"2025-05-22","last_date":"2025-05-22","count":1,"origin":"unknown","wording":"","lineage_notes":""},{"narrator":"sn56","first":"sn56-003","first_date":"2025-06-09","last_date":"2025-06-09","count":1,"origin":"unknown","wording":"","lineage_notes":""}],"count":21,"eras":["pre","nakamoto","finney","revolution","dtao","current"],"status":"active","statements":["ala-shaabana-001","ala-shaabana-003","jacob-steeves-002","jacob-steeves-003","jacob-steeves-004","opentensor-foundation-001","opentensor-foundation-005","jacob-steeves-015","jacob-steeves-018","opentensor-foundation-011","opentensor-foundation-021","opentensor-foundation-025","opentensor-foundation-031","sn120-006","teng-yan-011","sn4-012","teng-yan-019","sn56-003","sn120-010","ala-shaabana-047","opentensor-foundation-044"]},{"label":"competition","wording":"","first":{"narrator":"keith-singery","statement":"keith-singery-003","date":"2024-04-14"},"users":[{"narrator":"keith-singery","first":"keith-singery-003","first_date":"2024-04-14","last_date":"2024-04-14","count":1,"origin":"unknown","wording":"","lineage_notes":""},{"narrator":"sn120","first":"sn120-004","first_date":"2025","last_date":"2025-10-29","count":4,"origin":"reused","wording":"one of the most competitive mechanisms on the network","lineage_notes":"Common to most subnet teams; Steeves ties it to Chinese miners entering."},{"narrator":"sn34","first":"sn34-010","first_date":"2025-05-09","last_date":"2026","count":2,"origin":"reused","wording":"hundreds of developers can come and compete to create the best detection algorithms","lineage_notes":"Foundation-era framing of subnets as competitions; also in Affine (sn120-004) and Ridges (sn62-003)."},{"narrator":"sn75","first":"sn75-005","first_date":"2025-09-10","last_date":"2025-09-10","count":1,"origin":"reused","wording":"fosters healthy competition, holding miners accountable","lineage_notes":"Foundation framing; used once, softened by healthy."},{"narrator":"sn107","first":"sn107-010","first_date":"2026-09","last_date":"2026-09","count":2,"origin":"reused","wording":"a decentralized competition where accuracy is continuously measured and economically rewarded","lineage_notes":"The standard subnet frame, here made explicit as merit-based and purely meritocratic (sn107-013)."},{"narrator":"sn62","first":"sn62-008","first_date":"2026-09","last_date":"2026-09","count":1,"origin":"unknown","wording":"","lineage_notes":""}],"count":11,"eras":["revolution","dtao","current"],"status":"active","statements":["keith-singery-003","sn120-004","sn34-010","sn75-005","sn120-007","sn120-008","sn120-009","sn34-014","sn107-010","sn107-013","sn62-008"]},{"label":"network","wording":"","first":{"narrator":"sn34","statement":"sn34-002","date":"2024-09-02"},"users":[{"narrator":"sn34","first":"sn34-002","first_date":"2024-09-02","last_date":"2025-05-09","count":2,"origin":"unknown","wording":"","lineage_notes":""},{"narrator":"sn75","first":"sn75-002","first_date":"2025","last_date":"2025","count":1,"origin":"unknown","wording":"","lineage_notes":""},{"narrator":"sn4","first":"sn4-014","first_date":"2025-07-28","last_date":"2025-07-28","count":1,"origin":"unknown","wording":"","lineage_notes":""},{"narrator":"sn120","first":"sn120-011","first_date":"2026-04","last_date":"2026-04","count":1,"origin":"unknown","wording":"","lineage_notes":""},{"narrator":"sn107","first":"sn107-012","first_date":"2026-09","last_date":"2026-09","count":1,"origin":"unknown","wording":"","lineage_notes":""},{"narrator":"opentensor-foundation","first":"opentensor-foundation-043","first_date":"2026-09-15","last_date":"2026-09-15","count":1,"origin":"unknown","wording":"","lineage_notes":""}],"count":7,"eras":["revolution","dtao","current"],"status":"active","statements":["sn34-002","sn75-002","sn34-010","sn4-014","sn120-011","sn107-012","opentensor-foundation-043"]},{"label":"bitcoin","wording":"taking bitcoin's mining side and making that programmable on a new chain","first":{"narrator":"ala-shaabana","statement":"ala-shaabana-004","date":"2022-05-12"},"users":[{"narrator":"ala-shaabana","first":"ala-shaabana-004","first_date":"2022-05-12","last_date":"2026-06-02","count":3,"origin":"reused","wording":"taking bitcoin's mining side and making that programmable on a new chain","lineage_notes":"The Bitcoin frame is the founding pair's shared one; 21Shares repeats it as 'Just as Bitcoin monetized energy, Bittensor monetizes intelligence' at https://www.21shares.com/en-eu/insights/inside-bittensor-the-blockchain-for-ai. Shaabana uses it as an engineering analogy (validation, hash rate) rather than as 'the Bitcoin of AI'."},{"narrator":"opentensor-foundation","first":"opentensor-foundation-014","first_date":"2023-09-20","last_date":"2026-09-15","count":3,"origin":"reused","wording":"a mining network, similar to Bitcoin","lineage_notes":"Bitcoin as precedent for fair launch (2023-09), for the network definition in the v6 README (2023-10), and as the base of the Ethereum analogy on the 2026 About page."},{"narrator":"joseph-jacks","first":"joseph-jacks-012","first_date":"2024-09-25","last_date":"2025-04-22","count":4,"origin":"reused","wording":"Bitcoin is the MOTHER of Bittensor","lineage_notes":"Bitcoin-for-AI framing originates with Steeves; Jacks adds the MOTHER wording (joseph-jacks-022) and 'the exact same architectural principles' (joseph-jacks-026)."},{"narrator":"sami-kassab","first":"sami-kassab-004","first_date":"2025-04-15","last_date":"2026-08-05","count":5,"origin":"reused","wording":"the most significant application of crypto since Bitcoin created a non-sovereign store of value","lineage_notes":"The Bitcoin-of-AI frame is widespread; Teng Yan reports it as what some call TAO at https://chainofthought.xyz/p/big-idea-3-bittensor-subnets. Sami's version is a lineage claim rather than a category claim."},{"narrator":"teng-yan","first":"teng-yan-020","first_date":"2025-05-27","last_date":"2025-05-27","count":1,"origin":"reused","wording":"Some call TAO the Bitcoin of AI.","lineage_notes":"Reported as other people's frame; Sami Kassab's version at https://www.unsupervised.capital/writing/announcing-unsupervised-capital."}],"count":16,"eras":["nakamoto","finney","revolution","dtao","current"],"status":"active","statements":["ala-shaabana-004","opentensor-foundation-014","opentensor-foundation-019","joseph-jacks-012","joseph-jacks-016","joseph-jacks-026","sami-kassab-004","sami-kassab-005","joseph-jacks-031","sami-kassab-012","teng-yan-020","sami-kassab-015","ala-shaabana-038","ala-shaabana-045","sami-kassab-024","opentensor-foundation-045"]},{"label":"marketplace","wording":"an incentivized marketplace for machine learning","first":{"narrator":"keith-singery","statement":"keith-singery-001","date":"2023"},"users":[{"narrator":"keith-singery","first":"keith-singery-001","first_date":"2023","last_date":"2023","count":1,"origin":"unknown","wording":"an incentivized marketplace for machine learning","lineage_notes":"Matches the Opentensor Foundation's own early self-description of Bittensor as an incentivized marketplace; the foundation page was not fetched in this session so the URL is not recorded."},{"narrator":"mark-jeffrey","first":"mark-jeffrey-008","first_date":"2024-10-17","last_date":"2024-10-17","count":1,"origin":"reused","wording":"Dynamic Tao: A Marketplace for Subnet Rewards","lineage_notes":"Market framing of dTAO originates with Opentensor's own description of emission following price."},{"narrator":"sn62","first":"sn62-001","first_date":"2025","last_date":"2025","count":1,"origin":"reused","wording":"a decentralized, self-sustaining marketplace of autonomous software engineering agents","lineage_notes":"Market frame shared with the founder and foundation; Hippius uses marketplace for storage and compute (sn75-005)."},{"narrator":"sn4","first":"sn4-009","first_date":"2025-05-22","last_date":"2025-07-14","count":2,"origin":"reused","wording":"At its core, Bittensor is a marketplace of digital commodities.","lineage_notes":"The foundation's and Jacob Steeves's 'digital commodities' vocabulary; see bittensor.com and Steeves's talks"},{"narrator":"sn56","first":"sn56-004","first_date":"2025-06-09","last_date":"2025-06-09","count":1,"origin":"reused","wording":"it creates a marketplace where independent miners compete","lineage_notes":"Jacob Steeves's 'market for intelligence' and Manifold's 'marketplace of digital commodities' at https://www.manifold.inc/releases/no-such-thing-as-free-gas"}],"count":6,"eras":["revolution","dtao"],"status":"active","statements":["keith-singery-001","mark-jeffrey-008","sn62-001","sn4-009","sn56-004","sn4-013"]},{"label":"commodity","wording":"A new commodity needs a new type of market","first":{"narrator":"ala-shaabana","statement":"ala-shaabana-001","date":"2020"},"users":[{"narrator":"ala-shaabana","first":"ala-shaabana-001","first_date":"2020","last_date":"2022-05-12","count":3,"origin":"reused","wording":"A new commodity needs a new type of market","lineage_notes":"Whitepaper wording; echoed in the 2022 Bitcoin comparison 'this digital commodity' [ala-shaabana-004] and in the In Plaintext episode title 'decentralized commodity markets'."},{"narrator":"jacob-steeves","first":"jacob-steeves-002","first_date":"2020-03-09","last_date":"2022-09-19","count":3,"origin":"introduced","wording":"A new commodity needs a new type of market","lineage_notes":"Reappears as 'commodification layer' in 2022 and 'headless ... true commodities' in 2026; docs.learnbittensor.org now opens with 'produce competitive digital commodities'"},{"narrator":"opentensor-foundation","first":"opentensor-foundation-027","first_date":"2024-06-05","last_date":"2024-06-05","count":1,"origin":"introduced","wording":"the production, marketing and selling of digital commodities","lineage_notes":"Digital commodities becomes the official noun for subnet outputs from 2024; Timo's Bittensor Standard essay hosted on bittensor.com uses 'supercommodities'."},{"narrator":"sn120","first":"sn120-003","first_date":"2025","last_date":"2025","count":1,"origin":"reused","wording":"commoditize reasoning—the highest form of intelligence","lineage_notes":"Extends Jacob Steeves's long-running frame of Bittensor as a market for digital commodities; see the VirtualBacon interview summary at https://x.com/virtualbacon/status/2037312527143510415 (subnets create markets for digital commodities like gradients)."}],"count":8,"eras":["pre","nakamoto","revolution","dtao"],"status":"active","statements":["ala-shaabana-001","ala-shaabana-003","jacob-steeves-002","jacob-steeves-003","ala-shaabana-004","jacob-steeves-009","opentensor-foundation-027","sn120-003"]},{"label":"early bitcoin","wording":"Just like the early days of Bitcoin, which fueled the development of a new form of transparent, borderless money","first":{"narrator":"barry-silbert","statement":"barry-silbert-003","date":"2024-11-20"},"users":[{"narrator":"barry-silbert","first":"barry-silbert-003","first_date":"2024-11-20","last_date":"2025-10-07","count":4,"origin":"reused","wording":"Just like the early days of Bitcoin, which fueled the development of a new form of transparent, borderless money","lineage_notes":"The Bittensor-as-early-Bitcoin frame predates him in the community; he makes it his signature and sharpens it to a year in [barry-silbert-032]. Raoul Pal repeats it in the Journey Man episode description."},{"narrator":"mark-jeffrey","first":"mark-jeffrey-011","first_date":"2026-02-19","last_date":"2026-02-19","count":2,"origin":"reused","wording":"Like early Bitcoin, Bittensor is hard to explain to newcomers","lineage_notes":""},{"narrator":"jason-calacanis","first":"jason-calacanis-012","first_date":"2026-03-06","last_date":"2026-03-06","count":1,"origin":"reused","wording":"like being in the early days of Bitcoin where Mount Gox came out, some wallets came out","lineage_notes":""}],"count":7,"eras":["revolution","dtao"],"status":"active","statements":["barry-silbert-003","barry-silbert-005","barry-silbert-016","barry-silbert-028","mark-jeffrey-011","mark-jeffrey-021","jason-calacanis-012"]},{"label":"mining","wording":"","first":{"narrator":"ala-shaabana","statement":"ala-shaabana-005","date":"2022-05-12"},"users":[{"narrator":"ala-shaabana","first":"ala-shaabana-005","first_date":"2022-05-12","last_date":"2022-05-12","count":1,"origin":"unknown","wording":"","lineage_notes":""},{"narrator":"opentensor-foundation","first":"opentensor-foundation-019","first_date":"2023-10-02","last_date":"2023-10-02","count":1,"origin":"unknown","wording":"","lineage_notes":""},{"narrator":"jacob-steeves","first":"jacob-steeves-039","first_date":"2025-10","last_date":"2025-10","count":2,"origin":"reused","wording":"applies a Bitcoin-like mining mechanism to AI","lineage_notes":"The 'mining' frame is the network's oldest borrowed word; the whitepaper avoided it in favour of 'market'"}],"count":4,"eras":["nakamoto","revolution","dtao"],"status":"active","statements":["ala-shaabana-005","opentensor-foundation-019","jacob-steeves-039","jacob-steeves-040"]},{"label":"collective","wording":"","first":{"narrator":"opentensor-foundation","statement":"opentensor-foundation-010","date":"2023-06-08"},"users":[{"narrator":"opentensor-foundation","first":"opentensor-foundation-010","first_date":"2023-06-08","last_date":"2023-06-08","count":1,"origin":"unknown","wording":"","lineage_notes":""},{"narrator":"sn9","first":"sn9-008","first_date":"2025-06-17","last_date":"2025-06-17","count":1,"origin":"introduced","wording":"get rewarded as a collective","lineage_notes":"Chutes uses 'collective' for its own team at https://chutes.ai/news/who-are-the-founders-of-chutes-ai"},{"narrator":"sn64","first":"sn64-008","first_date":"2025-11-12","last_date":"2025-11-12","count":1,"origin":"introduced","wording":"a global, decentralized collective of engineers, researchers, and builders","lineage_notes":""}],"count":3,"eras":["finney","dtao"],"status":"active","statements":["opentensor-foundation-010","sn9-008","sn64-008"]},{"label":"revolution","wording":"Bittensor revolution","first":{"narrator":"jacob-steeves","statement":"jacob-steeves-024","date":"2023-07-13"},"users":[{"narrator":"jacob-steeves","first":"jacob-steeves-024","first_date":"2023-07-13","last_date":"2023-07-13","count":1,"origin":"introduced","wording":"Bittensor revolution","lineage_notes":"Became the name of the October 2023 upgrade"},{"narrator":"sn64","first":"sn64-010","first_date":"2025-11-12","last_date":"2025-11-12","count":1,"origin":"unknown","wording":"","lineage_notes":""},{"narrator":"sn56","first":"sn56-009","first_date":"2026","last_date":"2026","count":1,"origin":"reused","wording":"the new, revolutionary Bittensor Subnet 56","lineage_notes":""}],"count":3,"eras":["finney","dtao","current"],"status":"active","statements":["jacob-steeves-024","sn64-010","sn56-009"]},{"label":"tournament","wording":"This tournament drives exploration of configuration spaces","first":{"narrator":"sn56","statement":"sn56-002","date":"2025-06-09"},"users":[{"narrator":"sn56","first":"sn56-002","first_date":"2025-06-09","last_date":"2026","count":3,"origin":"introduced","wording":"This tournament drives exploration of configuration spaces","lineage_notes":"Also the README's word for the recurring competitions"},{"narrator":"sami-kassab","first":"sami-kassab-014","first_date":"2025-09-23","last_date":"2025-09-23","count":1,"origin":"introduced","wording":"How an Open Tournament Beat Billion-Dollar AI Labs","lineage_notes":"Keith Singery frames the same subnet as winner-take-all at https://x.com/KeithSingery/status/1949125382579655120."}],"count":4,"eras":["dtao","current"],"status":"active","statements":["sn56-002","sami-kassab-014","sn56-011","sn56-012"]},{"label":"engine","wording":"","first":{"narrator":"keith-singery","statement":"keith-singery-007","date":"2024-05-24"},"users":[{"narrator":"keith-singery","first":"keith-singery-007","first_date":"2024-05-24","last_date":"2024-05-24","count":1,"origin":"unknown","wording":"","lineage_notes":""},{"narrator":"sn34","first":"sn34-006","first_date":"2024-11-12","last_date":"2024-11-12","count":2,"origin":"introduced","wording":"a self-sustaining Generative Adversarial Engine","lineage_notes":"GAS as a name; the engine frame recurs in the 2026 docs as a self-evolving service."}],"count":3,"eras":["revolution"],"status":"dormant","statements":["keith-singery-007","sn34-006","sn34-007"]},{"label":"evolution","wording":"an environment optimally condusive to its evolution","first":{"narrator":"opentensor-foundation","statement":"opentensor-foundation-005","date":"2022-08-08"},"users":[{"narrator":"opentensor-foundation","first":"opentensor-foundation-005","first_date":"2022-08-08","last_date":"2025-03-06","count":2,"origin":"reused","wording":"an environment optimally condusive to its evolution","lineage_notes":"Returns in the 2025 docs, Dynamic TAO as a recent evolution of the tokenomic model."},{"narrator":"sn62","first":"sn62-007","first_date":"2026-09","last_date":"2026-09","count":1,"origin":"reused","wording":"Ridges is evolving AI agents to be better and better","lineage_notes":"Evolution language also in BitMind's self-evolving service (sn34-013)."}],"count":3,"eras":["nakamoto","dtao","current"],"status":"active","statements":["opentensor-foundation-005","opentensor-foundation-036","sn62-007"]},{"label":"layer","wording":"The trust layer for enterprises","first":{"narrator":"sn34","statement":"sn34-015","date":"2026"},"users":[{"narrator":"sn34","first":"sn34-015","first_date":"2026","last_date":"2026","count":1,"origin":"reused","wording":"The trust layer for enterprises","lineage_notes":"Enterprise-software framing; Hippius uses layer for memory (see sn75 coverage)."},{"narrator":"sn107","first":"sn107-002","first_date":"2026-02","last_date":"2026-09","count":2,"origin":"introduced","wording":"The foundational layer of genomics","lineage_notes":"Also variant calling as the critical inference layer (sn107-002); layer language shared with BitMind's trust layer (sn34-015)."}],"count":3,"eras":["dtao","current"],"status":"active","statements":["sn34-015","sn107-002","sn107-009"]},{"label":"platform","wording":"","first":{"narrator":"sn4","statement":"sn4-001","date":"2024-03-18"},"users":[{"narrator":"sn4","first":"sn4-001","first_date":"2024-03-18","last_date":"2024-03-18","count":1,"origin":"unknown","wording":"","lineage_notes":""},{"narrator":"sn75","first":"sn75-003","first_date":"2025-09-10","last_date":"2025-09-15","count":2,"origin":"reused","wording":"a groundbreaking decentralized cloud storage platform built on Bittensor","lineage_notes":"Cloud-vendor language; the team compares itself to AWS and Google Cloud rather than to other subnets."}],"count":3,"eras":["revolution","dtao"],"status":"active","statements":["sn4-001","sn75-003","sn75-009"]},{"label":"supercomputer","wording":"Bitcoin created the largest supercomputer in the world","first":{"narrator":"jacob-steeves","statement":"jacob-steeves-017","date":"2022-12-08"},"users":[{"narrator":"jacob-steeves","first":"jacob-steeves-017","first_date":"2022-12-08","last_date":"2024-04-15","count":2,"origin":"reused","wording":"Bitcoin created the largest supercomputer in the world","lineage_notes":"Common Bitcoin-community line; he repeats it to Fortune in 2024 and Ala Shaabana used the hash-rate version at Proof of Talk 2026 per https://simplytao.ai/blog/proof-of-talk-2026-recap"},{"narrator":"mark-jeffrey","first":"mark-jeffrey-013","first_date":"2026-02-19","last_date":"2026-02-19","count":1,"origin":"reused","wording":"Earth's largest supercomputer in aggregate ... The same dynamic is at play here","lineage_notes":"This Week in Startups used 'global AI supercomputer' in its 2025-04-30 summary of his segment."}],"count":3,"eras":["nakamoto","revolution","dtao"],"status":"active","statements":["jacob-steeves-017","jacob-steeves-032","mark-jeffrey-013"]},{"label":"wave","wording":"the next big wave in crypto is going to be the convergence of AI and crypto","first":{"narrator":"barry-silbert","statement":"barry-silbert-023","date":"2025-09-11"},"users":[{"narrator":"barry-silbert","first":"barry-silbert-023","first_date":"2025-09-11","last_date":"2025-10-09","count":2,"origin":"reused","wording":"the next big wave in crypto is going to be the convergence of AI and crypto","lineage_notes":"Common crypto idiom; also 'a massive wave of AI innovation' in [barry-silbert-029]."},{"narrator":"ala-shaabana","first":"ala-shaabana-037","first_date":"2026-01-16","last_date":"2026-01-16","count":1,"origin":"reused","wording":"the wave is coming","lineage_notes":"Common crypto idiom."}],"count":3,"eras":["dtao"],"status":"active","statements":["barry-silbert-023","barry-silbert-029","ala-shaabana-037"]},{"label":"arena","wording":"an incentivized arena in which consumers and producers of this valuable commodity can interact","first":{"narrator":"opentensor-foundation","statement":"opentensor-foundation-011","date":"2023-06-08"},"users":[{"narrator":"opentensor-foundation","first":"opentensor-foundation-011","first_date":"2023-06-08","last_date":"2023-06-08","count":1,"origin":"introduced","wording":"an incentivized arena in which consumers and producers of this valuable commodity can interact","lineage_notes":""},{"narrator":"sami-kassab","first":"sami-kassab-008","first_date":"2025-04-15","last_date":"2025-04-15","count":1,"origin":"introduced","wording":"Competitive Arenas: Development becomes a global competition","lineage_notes":""}],"count":2,"eras":["finney","dtao"],"status":"active","statements":["opentensor-foundation-011","sami-kassab-008"]},{"label":"better bitcoin","wording":"it could be a better version of Bitcoin as a global store of value","first":{"narrator":"barry-silbert","statement":"barry-silbert-014","date":"2025-04-17"},"users":[{"narrator":"barry-silbert","first":"barry-silbert-014","first_date":"2025-04-17","last_date":"2025-04-17","count":1,"origin":"introduced","wording":"it could be a better version of Bitcoin as a global store of value","lineage_notes":"Provoked Parker Lewis's 'affinity scammer' attack, see CoinDesk 2025-04-22."},{"narrator":"jason-calacanis","first":"jason-calacanis-019","first_date":"2026-03-24","last_date":"2026-03-24","count":1,"origin":"reused","wording":"I've always said there would be a better Bitcoin","lineage_notes":"Stillcore materials and crypto press use Bitcoin of AI; Mark Jeffrey relayed Barry Silbert's more valuable than Bitcoin line on 2025-04-30, https://www.youtube.com/watch?v=16nd_lIy-lA"}],"count":2,"eras":["dtao"],"status":"active","statements":["barry-silbert-014","jason-calacanis-019"]},{"label":"explosion","wording":"an explosion of subnets on Bittensor","first":{"narrator":"keith-singery","statement":"keith-singery-004","date":"2024-04-15"},"users":[{"narrator":"keith-singery","first":"keith-singery-004","first_date":"2024-04-15","last_date":"2024-04-15","count":1,"origin":"reused","wording":"an explosion of subnets on Bittensor","lineage_notes":"The Cambrian explosion frame is common in Bittensor circles; no earlier instance was fetched."},{"narrator":"mark-jeffrey","first":"mark-jeffrey-028","first_date":"2026-02-19","last_date":"2026-02-19","count":1,"origin":"reused","wording":"we'll likely see an explosion of new ideas and Subnets","lineage_notes":""}],"count":2,"eras":["revolution","dtao"],"status":"active","statements":["keith-singery-004","mark-jeffrey-028"]},{"label":"gate","wording":"The future of AI will not be gated. It will be incentivized.","first":{"narrator":"sn4","statement":"sn4-015","date":"2025-07-28"},"users":[{"narrator":"sn4","first":"sn4-015","first_date":"2025-07-28","last_date":"2025-07-28","count":1,"origin":"introduced","wording":"The future of AI will not be gated. It will be incentivized.","lineage_notes":""},{"narrator":"opentensor-foundation","first":"opentensor-foundation-040","first_date":"2026-07","last_date":"2026-07","count":1,"origin":"unknown","wording":"","lineage_notes":""}],"count":2,"eras":["dtao","current"],"status":"active","statements":["sn4-015","opentensor-foundation-040"]},{"label":"incentive layer","wording":"the only borderless incentive layer for accelerating the continuously improving production of open source AI","first":{"narrator":"joseph-jacks","statement":"joseph-jacks-025","date":"2025-02-08"},"users":[{"narrator":"joseph-jacks","first":"joseph-jacks-025","first_date":"2025-02-08","last_date":"2025-02-08","count":1,"origin":"introduced","wording":"the only borderless incentive layer for accelerating the continuously improving production of open source AI","lineage_notes":""},{"narrator":"jason-calacanis","first":"jason-calacanis-011","first_date":"2026-03-06","last_date":"2026-03-06","count":1,"origin":"reused","wording":"But here, there's an incentive layer, which is the subnets tokens","lineage_notes":"Layer language is common in Bittensor press; press later attributed intelligence layer to him but he did not say it in reached material."}],"count":2,"eras":["dtao"],"status":"active","statements":["joseph-jacks-025","jason-calacanis-011"]},{"label":"infrastructure","wording":"","first":{"narrator":"sn34","statement":"sn34-004","date":"2024-10-03"},"users":[{"narrator":"sn34","first":"sn34-004","first_date":"2024-10-03","last_date":"2024-10-03","count":1,"origin":"unknown","wording":"","lineage_notes":""},{"narrator":"sn107","first":"sn107-005","first_date":"2026-02","last_date":"2026-02","count":1,"origin":"unknown","wording":"","lineage_notes":""}],"count":2,"eras":["revolution","dtao"],"status":"active","statements":["sn34-004","sn107-005"]},{"label":"linux","wording":"Bitcoin economics + open AI subnetworks = 'actual' OpenAI -- the 'Linux' of the space","first":{"narrator":"mark-jeffrey","statement":"mark-jeffrey-004","date":"2024-09"},"users":[{"narrator":"mark-jeffrey","first":"mark-jeffrey-004","first_date":"2024-09","last_date":"2024-09","count":1,"origin":"unknown","wording":"Bitcoin economics + open AI subnetworks = 'actual' OpenAI -- the 'Linux' of the space","lineage_notes":"Linux comparison also appears in his State of TAO list of open-versus-closed precedents."},{"narrator":"joseph-jacks","first":"joseph-jacks-016","first_date":"2024-10-01","last_date":"2024-10-01","count":1,"origin":"reused","wording":"Bitcoin with fiat currencies, Linux, with closed proprietary operating systems","lineage_notes":"Linux comparison is widespread in Bittensor talk; Jacks pairs it with Bitcoin as a two-part precedent."}],"count":2,"eras":["revolution"],"status":"dormant","statements":["mark-jeffrey-004","joseph-jacks-016"]},{"label":"programmable mining","wording":"Bittensor makes mining programmable","first":{"narrator":"mark-jeffrey","statement":"mark-jeffrey-013","date":"2026-02-19"},"users":[{"narrator":"mark-jeffrey","first":"mark-jeffrey-013","first_date":"2026-02-19","last_date":"2026-02-19","count":1,"origin":"unknown","wording":"Bittensor makes mining programmable","lineage_notes":""},{"narrator":"ala-shaabana","first":"ala-shaabana-038","first_date":"2026-03-25","last_date":"2026-03-25","count":1,"origin":"unknown","wording":"","lineage_notes":""}],"count":2,"eras":["dtao"],"status":"active","statements":["mark-jeffrey-013","ala-shaabana-038"]},{"label":"rabbit hole","wording":"a rabbit hole that keeps drawing me deeper","first":{"narrator":"sami-kassab","statement":"sami-kassab-001","date":"2023-12-13"},"users":[{"narrator":"sami-kassab","first":"sami-kassab-001","first_date":"2023-12-13","last_date":"2023-12-13","count":1,"origin":"reused","wording":"a rabbit hole that keeps drawing me deeper","lineage_notes":"Common crypto idiom; no earlier Bittensor instance fetched."},{"narrator":"barry-silbert","first":"barry-silbert-022","first_date":"2025-06-28","last_date":"2025-06-28","count":1,"origin":"reused","wording":"Went down the Bittensor $TAO rabbit hole","lineage_notes":"Bitcoin community idiom carried over."}],"count":2,"eras":["revolution","dtao"],"status":"active","statements":["sami-kassab-001","barry-silbert-022"]},{"label":"startups","wording":"Subnet teams now operate more like startups, competing in public for capital and attention","first":{"narrator":"sami-kassab","statement":"sami-kassab-011","date":"2025-05-27"},"users":[{"narrator":"sami-kassab","first":"sami-kassab-011","first_date":"2025-05-27","last_date":"2025-05-27","count":1,"origin":"introduced","wording":"Subnet teams now operate more like startups, competing in public for capital and attention","lineage_notes":""},{"narrator":"ala-shaabana","first":"ala-shaabana-043","first_date":"2026-03-25","last_date":"2026-03-25","count":1,"origin":"reused","wording":"We look at these subnets like you would look at startups","lineage_notes":"Sami Kassab's 'largest collection of crypto-AI startups' at https://x.com/shibshib89/status/1998462836817695218 (quoted post) uses the same frame; Shaabana adopts it as Crucible's investment lens."}],"count":2,"eras":["dtao"],"status":"active","statements":["sami-kassab-011","ala-shaabana-043"]},{"label":"swarm","wording":"IOTA harnesses Bittensor to overcome the challenges of trustless incentivization","first":{"narrator":"sn9","statement":"sn9-006","date":"2025-06-17"},"users":[{"narrator":"sn9","first":"sn9-006","first_date":"2025-06-17","last_date":"2025-06-17","count":1,"origin":"reused","wording":"IOTA harnesses Bittensor to overcome the challenges of trustless incentivization","lineage_notes":"Swarm is borrowed from the SWARM parallelism literature; Macrocosmos adds trustless incentives to it"},{"narrator":"teng-yan","first":"teng-yan-023","first_date":"2025-09-17","last_date":"2025-09-17","count":1,"origin":"unknown","wording":"It is not one model but a swarm, competing in real time.","lineage_notes":""}],"count":2,"eras":["dtao"],"status":"active","statements":["sn9-006","teng-yan-023"]},{"label":"capitalism","wording":"inverting capitalism; Bittensor is to capitalism what Bitcoin is to fiat; Bitcoin transforms capital. Bittensor transforms capitalism.","first":{"narrator":"joseph-jacks","statement":"joseph-jacks-018","date":"2024-10-01"},"users":[{"narrator":"joseph-jacks","first":"joseph-jacks-018","first_date":"2024-10-01","last_date":"2025-05-08","count":3,"origin":"introduced","wording":"inverting capitalism; Bittensor is to capitalism what Bitcoin is to fiat; Bitcoin transforms capital. Bittensor transforms capitalism.","lineage_notes":"Earliest instance is the Unchained interview (joseph-jacks-018); the aphorism form appears in The Block (joseph-jacks-033) and on X (joseph-jacks-035). The TAO Pod EP13 description later calls it 'digital capitalism'."}],"count":3,"eras":["revolution","dtao"],"status":"active","statements":["joseph-jacks-018","joseph-jacks-033","joseph-jacks-035"]},{"label":"crown","wording":"","first":{"narrator":"sn120","statement":"sn120-012","date":"2026-09"},"users":[{"narrator":"sn120","first":"sn120-012","first_date":"2026-09","last_date":"2026-09-14","count":3,"origin":"unknown","wording":"","lineage_notes":""}],"count":3,"eras":["current"],"status":"active","statements":["sn120-012","sn120-014","sn120-016"]},{"label":"era","wording":"from a theme or era perspective, this is the next big one","first":{"narrator":"barry-silbert","statement":"barry-silbert-010","date":"2025-04-17"},"users":[{"narrator":"barry-silbert","first":"barry-silbert-010","first_date":"2025-04-17","last_date":"2025-10-07","count":3,"origin":"introduced","wording":"from a theme or era perspective, this is the next big one","lineage_notes":"Also 'the next era of decentralized AI' in [barry-silbert-027]."}],"count":3,"eras":["dtao"],"status":"active","statements":["barry-silbert-010","barry-silbert-013","barry-silbert-027"]},{"label":"ferocious capitalism","wording":"the most ferocious form of capitalism yet invented","first":{"narrator":"mark-jeffrey","statement":"mark-jeffrey-018","date":"2026-02-19"},"users":[{"narrator":"mark-jeffrey","first":"mark-jeffrey-018","first_date":"2026-02-19","last_date":"2026-03-27","count":3,"origin":"introduced","wording":"the most ferocious form of capitalism yet invented","lineage_notes":"He explicitly sets it against the community terms 'Open Economy' and 'Incentivism'; repeated as 'most efficient form of capitalism ever invented' in the 2026-03-27 clip."}],"count":3,"eras":["dtao"],"status":"active","statements":["mark-jeffrey-018","mark-jeffrey-027","mark-jeffrey-030"]},{"label":"btc in 2013","wording":"Accumulate as much $TAO as possible -- like it's BTC in 2013","first":{"narrator":"mark-jeffrey","statement":"mark-jeffrey-033","date":"2026-04-26"},"users":[{"narrator":"mark-jeffrey","first":"mark-jeffrey-033","first_date":"2026-04-26","last_date":"2026-07-08","count":2,"origin":"reused","wording":"Accumulate as much $TAO as possible -- like it's BTC in 2013","lineage_notes":"Repeated as 'Bittensor today is where Bitcoin was in 2013' in the 2026-07-08 press release; the 2013 comparison is common among TAO investors."}],"count":2,"eras":["dtao","current"],"status":"active","statements":["mark-jeffrey-033","mark-jeffrey-034"]},{"label":"co-evolution","wording":"co-evolves detectors, generators, benchmarks, and data in a single, incentive-aligned loop","first":{"narrator":"sn34","statement":"sn34-006","date":"2024-11-12"},"users":[{"narrator":"sn34","first":"sn34-006","first_date":"2024-11-12","last_date":"2026","count":2,"origin":"introduced","wording":"co-evolves detectors, generators, benchmarks, and data in a single, incentive-aligned loop","lineage_notes":"Borrowed from GAN training; the Bittensor twist is that the two sides are paid miners."}],"count":2,"eras":["revolution","current"],"status":"active","statements":["sn34-006","sn34-014"]},{"label":"jersey","wording":"I'm putting my jersey back on","first":{"narrator":"barry-silbert","statement":"barry-silbert-012","date":"2025-04-17"},"users":[{"narrator":"barry-silbert","first":"barry-silbert-012","first_date":"2025-04-17","last_date":"2025-10-09","count":2,"origin":"introduced","wording":"I'm putting my jersey back on","lineage_notes":"Repeated to Bloomberg as 'business-building jersey' in [barry-silbert-031]."}],"count":2,"eras":["dtao"],"status":"active","statements":["barry-silbert-012","barry-silbert-031"]},{"label":"mixture of experts","wording":"a gigantic, decentralized mixture of experts","first":{"narrator":"ala-shaabana","statement":"ala-shaabana-008","date":"2022-05-12"},"users":[{"narrator":"ala-shaabana","first":"ala-shaabana-008","first_date":"2022-05-12","last_date":"2022-09-19","count":2,"origin":"reused","wording":"a gigantic, decentralized mixture of experts","lineage_notes":"Borrowed from machine learning literature; a technical frame he favours over biological ones in 2022."}],"count":2,"eras":["nakamoto"],"status":"dormant","statements":["ala-shaabana-008","ala-shaabana-012"]},{"label":"networks to markets","wording":"Bittensor subnets will replace networks with markets","first":{"narrator":"joseph-jacks","statement":"joseph-jacks-041","date":"2025-08-04"},"users":[{"narrator":"joseph-jacks","first":"joseph-jacks-041","first_date":"2025-08-04","last_date":"2025-08-04","count":2,"origin":"reused","wording":"Bittensor subnets will replace networks with markets","lineage_notes":"Jacks labels the post 'An adaptation'; it rewrites Naval Ravikant's 2017 thread 'Blockchains will replace networks with markets' with subnets in place of blockchains. Naval's original was not fetched this session."}],"count":2,"eras":["dtao"],"status":"active","statements":["joseph-jacks-041","joseph-jacks-042"]},{"label":"next bitcoin","wording":"This may or may not be the next Bitcoin","first":{"narrator":"jason-calacanis","statement":"jason-calacanis-003","date":"2025-04-30"},"users":[{"narrator":"jason-calacanis","first":"jason-calacanis-003","first_date":"2025-04-30","last_date":"2026-03-06","count":2,"origin":"reused","wording":"This may or may not be the next Bitcoin","lineage_notes":"Mark Jeffrey called Bittensor the third great coin in the same episode and relayed Barry Silbert's view that it may become more valuable than Bitcoin, https://www.youtube.com/watch?v=16nd_lIy-lA"}],"count":2,"eras":["dtao"],"status":"active","statements":["jason-calacanis-003","jason-calacanis-013"]},{"label":"since bitcoin","wording":"It is the thing that I've gotten most excited about since Bitcoin.","first":{"narrator":"barry-silbert","statement":"barry-silbert-025","date":"2025-09-11"},"users":[{"narrator":"barry-silbert","first":"barry-silbert-025","first_date":"2025-09-11","last_date":"2025-10-09","count":2,"origin":"introduced","wording":"It is the thing that I've gotten most excited about since Bitcoin.","lineage_notes":"Restated to Bloomberg in [barry-silbert-030]."}],"count":2,"eras":["dtao"],"status":"active","statements":["barry-silbert-025","barry-silbert-030"]},{"label":"venture capitalist","wording":"the protocol acts as the ecosystem's venture capitalist","first":{"narrator":"sami-kassab","statement":"sami-kassab-013","date":"2025-08-19"},"users":[{"narrator":"sami-kassab","first":"sami-kassab-013","first_date":"2025-08-19","last_date":"2026-07-17","count":2,"origin":"introduced","wording":"the protocol acts as the ecosystem's venture capitalist","lineage_notes":"Repeated in July 2026 as Bittensor becoming a VC investing in the emerging leaders on its own network [sami-kassab-023]."}],"count":2,"eras":["dtao","current"],"status":"active","statements":["sami-kassab-013","sami-kassab-023"]},{"label":"world wide web","wording":"The way that I look at Bittensor is as the World Wide Web of AI","first":{"narrator":"barry-silbert","statement":"barry-silbert-005","date":"2024-11-20"},"users":[{"narrator":"barry-silbert","first":"barry-silbert-005","first_date":"2024-11-20","last_date":"2025-09-11","count":2,"origin":"introduced","wording":"The way that I look at Bittensor is as the World Wide Web of AI","lineage_notes":"Restated ten months later as 'the world wide web of intelligence' in [barry-silbert-026]; no earlier use by another narrator found in this session."}],"count":2,"eras":["revolution","dtao"],"status":"active","statements":["barry-silbert-005","barry-silbert-026"]},{"label":"activation energy","wording":"a sustainable \"bootstrapped\" activation energy for teams anywhere","first":{"narrator":"joseph-jacks","statement":"joseph-jacks-029","date":"2025-04-03"},"users":[{"narrator":"joseph-jacks","first":"joseph-jacks-029","first_date":"2025-04-03","last_date":"2025-04-03","count":1,"origin":"introduced","wording":"a sustainable \"bootstrapped\" activation energy for teams anywhere","lineage_notes":""}],"count":1,"eras":["dtao"],"status":"active","statements":["joseph-jacks-029"]},{"label":"actual openai","wording":"'actual' OpenAI","first":{"narrator":"mark-jeffrey","statement":"mark-jeffrey-004","date":"2024-09"},"users":[{"narrator":"mark-jeffrey","first":"mark-jeffrey-004","first_date":"2024-09","last_date":"2024-09","count":1,"origin":"reused","wording":"'actual' OpenAI","lineage_notes":"The claim that Bittensor is what OpenAI's name promised is common in the community; he credits no one."}],"count":1,"eras":["revolution"],"status":"dormant","statements":["mark-jeffrey-004"]},{"label":"ai startups","wording":"You can think of Subnets as 128 AI startups","first":{"narrator":"mark-jeffrey","statement":"mark-jeffrey-015","date":"2026-02-19"},"users":[{"narrator":"mark-jeffrey","first":"mark-jeffrey-015","first_date":"2026-02-19","last_date":"2026-02-19","count":1,"origin":"reused","wording":"You can think of Subnets as 128 AI startups","lineage_notes":"Subnets as startups is a common dTAO-era frame; CoinDesk used 'on-chain AI startup' on 2025-09-18."}],"count":1,"eras":["dtao"],"status":"active","statements":["mark-jeffrey-015"]},{"label":"alignment technology","wording":"It's an alignment technology","first":{"narrator":"jacob-steeves","statement":"jacob-steeves-006","date":"2022-09-19"},"users":[{"narrator":"jacob-steeves","first":"jacob-steeves-006","first_date":"2022-09-19","last_date":"2022-09-19","count":1,"origin":"introduced","wording":"It's an alignment technology","lineage_notes":"Bitcoin recast as an alignment mechanism for people rather than models"}],"count":1,"eras":["nakamoto"],"status":"dormant","statements":["jacob-steeves-006"]},{"label":"api","wording":"We're an API","first":{"narrator":"ala-shaabana","statement":"ala-shaabana-008","date":"2022-05-12"},"users":[{"narrator":"ala-shaabana","first":"ala-shaabana-008","first_date":"2022-05-12","last_date":"2022-05-12","count":1,"origin":"introduced","wording":"We're an API","lineage_notes":"Engineering self-description from the 2022 Towards Data Science interview."}],"count":1,"eras":["nakamoto"],"status":"dormant","statements":["ala-shaabana-008"]},{"label":"asset class","wording":"Subnet tokens are an emerging asset class, fueled by TAO","first":{"narrator":"barry-silbert","statement":"barry-silbert-029","date":"2025-10-09"},"users":[{"narrator":"barry-silbert","first":"barry-silbert-029","first_date":"2025-10-09","last_date":"2025-10-09","count":1,"origin":"introduced","wording":"Subnet tokens are an emerging asset class, fueled by TAO","lineage_notes":"Yuma's fund marketing repeats it."}],"count":1,"eras":["dtao"],"status":"active","statements":["barry-silbert-029"]},{"label":"atomization","wording":"Whole companies and whole departments can be atomized, broken down into their component pieces, and reassembled in the image of Bitcoin's Incentivism","first":{"narrator":"mark-jeffrey","statement":"mark-jeffrey-027","date":"2026-02-19"},"users":[{"narrator":"mark-jeffrey","first":"mark-jeffrey-027","first_date":"2026-02-19","last_date":"2026-02-19","count":1,"origin":"introduced","wording":"Whole companies and whole departments can be atomized, broken down into their component pieces, and reassembled in the image of Bitcoin's Incentivism","lineage_notes":""}],"count":1,"eras":["dtao"],"status":"active","statements":["mark-jeffrey-027"]},{"label":"bazaar vs cathedral","wording":"open (aka 'The Bazaar') wins over closed, large and centralized ('the Cathedral')","first":{"narrator":"mark-jeffrey","statement":"mark-jeffrey-019","date":"2026-02-19"},"users":[{"narrator":"mark-jeffrey","first":"mark-jeffrey-019","first_date":"2026-02-19","last_date":"2026-02-19","count":1,"origin":"reused","wording":"open (aka 'The Bazaar') wins over closed, large and centralized ('the Cathedral')","lineage_notes":"Eric S. Raymond's The Cathedral and the Bazaar."}],"count":1,"eras":["dtao"],"status":"active","statements":["mark-jeffrey-019"]},{"label":"bitcoin 2012","wording":"it felt like Bitcoin in 2012 - a small group of builders with a clear, ambitious vision","first":{"narrator":"barry-silbert","statement":"barry-silbert-032","date":"2025-12-15"},"users":[{"narrator":"barry-silbert","first":"barry-silbert-032","first_date":"2025-12-15","last_date":"2025-12-15","count":1,"origin":"introduced","wording":"it felt like Bitcoin in 2012 - a small group of builders with a clear, ambitious vision","lineage_notes":"A dated sharpening of the early-bitcoin frame, tied to the first TAO halving."}],"count":1,"eras":["dtao"],"status":"active","statements":["barry-silbert-032"]},{"label":"bitcoin economics","wording":"Bittensor has the exact same economics as Bitcoin, by design","first":{"narrator":"mark-jeffrey","statement":"mark-jeffrey-023","date":"2026-02-19"},"users":[{"narrator":"mark-jeffrey","first":"mark-jeffrey-023","first_date":"2026-02-19","last_date":"2026-02-19","count":1,"origin":"reused","wording":"Bittensor has the exact same economics as Bitcoin, by design","lineage_notes":"Standard Opentensor framing of the 21M cap and halvings."}],"count":1,"eras":["dtao"],"status":"active","statements":["mark-jeffrey-023"]},{"label":"bitcoin mining","wording":"","first":{"narrator":"mark-jeffrey","statement":"mark-jeffrey-007","date":"2024-10-10"},"users":[{"narrator":"mark-jeffrey","first":"mark-jeffrey-007","first_date":"2024-10-10","last_date":"2024-10-10","count":1,"origin":"unknown","wording":"","lineage_notes":""}],"count":1,"eras":["revolution"],"status":"dormant","statements":["mark-jeffrey-007"]},{"label":"bitcoin-like asset","wording":"$TAO to 1 Trillion+? A #Bitcoin-like asset?","first":{"narrator":"mark-jeffrey","statement":"mark-jeffrey-001","date":"2024-03-08"},"users":[{"narrator":"mark-jeffrey","first":"mark-jeffrey-001","first_date":"2024-03-08","last_date":"2024-03-08","count":1,"origin":"reused","wording":"$TAO to 1 Trillion+? A #Bitcoin-like asset?","lineage_notes":"The Bitcoin of AI frame circulates widely; xTAO founder version at https://crypto.news/interview-bittensor-wants-to-be-the-bitcoin-of-ai-says-xtao-founder/"}],"count":1,"eras":["revolution"],"status":"dormant","statements":["mark-jeffrey-001"]},{"label":"boot-loader","wording":"the boot-loader logic for a loss function that optimizes over a problem space","first":{"narrator":"joseph-jacks","statement":"joseph-jacks-024","date":"2025-01-27"},"users":[{"narrator":"joseph-jacks","first":"joseph-jacks-024","first_date":"2025-01-27","last_date":"2025-01-27","count":1,"origin":"introduced","wording":"the boot-loader logic for a loss function that optimizes over a problem space","lineage_notes":""}],"count":1,"eras":["revolution"],"status":"dormant","statements":["joseph-jacks-024"]},{"label":"bottleneck","wording":"the bottleneck in genomics has shifted from data generation to data analysis","first":{"narrator":"sn107","statement":"sn107-001","date":"2026-02"},"users":[{"narrator":"sn107","first":"sn107-001","first_date":"2026-02","last_date":"2026-02","count":1,"origin":"reused","wording":"the bottleneck in genomics has shifted from data generation to data analysis","lineage_notes":"Standard genomics framing, used to make the case for compute-side competition."}],"count":1,"eras":["dtao"],"status":"active","statements":["sn107-001"]},{"label":"boundaries","wording":"","first":{"narrator":"sn75","statement":"sn75-007","date":"2025-09-10"},"users":[{"narrator":"sn75","first":"sn75-007","first_date":"2025-09-10","last_date":"2025-09-10","count":1,"origin":"unknown","wording":"","lineage_notes":""}],"count":1,"eras":["dtao"],"status":"active","statements":["sn75-007"]},{"label":"brain","wording":"One way to think about it is as a brain","first":{"narrator":"ala-shaabana","statement":"ala-shaabana-031","date":"2026-01-16"},"users":[{"narrator":"ala-shaabana","first":"ala-shaabana-031","first_date":"2026-01-16","last_date":"2026-01-16","count":1,"origin":"reused","wording":"One way to think about it is as a brain","lineage_notes":"Offered only after the CoinShares interviewer asked whether Bittensor is a brain; the brain frame belongs to Jacob Steeves's telling and Shaabana immediately swaps it for a city."}],"count":1,"eras":["dtao"],"status":"active","statements":["ala-shaabana-031"]},{"label":"bridge","wording":"bridge the crypto <> normal users gap","first":{"narrator":"ala-shaabana","statement":"ala-shaabana-027","date":"2025-12-09"},"users":[{"narrator":"ala-shaabana","first":"ala-shaabana-027","first_date":"2025-12-09","last_date":"2025-12-09","count":1,"origin":"reused","wording":"bridge the crypto <> normal users gap","lineage_notes":"Common crypto idiom."}],"count":1,"eras":["dtao"],"status":"active","statements":["ala-shaabana-027"]},{"label":"brother","wording":"Someone I considered a brother, Samuel Dare","first":{"narrator":"jacob-steeves","statement":"jacob-steeves-050","date":"2026-04-11"},"users":[{"narrator":"jacob-steeves","first":"jacob-steeves-050","first_date":"2026-04-11","last_date":"2026-04-11","count":1,"origin":"introduced","wording":"Someone I considered a brother, Samuel Dare","lineage_notes":""}],"count":1,"eras":["dtao"],"status":"active","statements":["jacob-steeves-050"]},{"label":"cap table","wording":"a decentralized cap table for all","first":{"narrator":"joseph-jacks","statement":"joseph-jacks-008","date":"2024-01-27"},"users":[{"narrator":"joseph-jacks","first":"joseph-jacks-008","first_date":"2024-01-27","last_date":"2024-01-27","count":1,"origin":"introduced","wording":"a decentralized cap table for all","lineage_notes":"Investor framing; not seen in other narrator files reviewed."}],"count":1,"eras":["revolution"],"status":"dormant","statements":["joseph-jacks-008"]},{"label":"chapter","wording":"A new chapter for Bittensor $TAO","first":{"narrator":"barry-silbert","statement":"barry-silbert-021","date":"2025-06-05"},"users":[{"narrator":"barry-silbert","first":"barry-silbert-021","first_date":"2025-06-05","last_date":"2025-06-05","count":1,"origin":"reused","wording":"A new chapter for Bittensor $TAO","lineage_notes":""}],"count":1,"eras":["dtao"],"status":"active","statements":["barry-silbert-021"]},{"label":"city","wording":"Another is as a city. Bittensor is made up of 'subnets', which you can think of as neighbourhoods or specialised regions","first":{"narrator":"ala-shaabana","statement":"ala-shaabana-031","date":"2026-01-16"},"users":[{"narrator":"ala-shaabana","first":"ala-shaabana-031","first_date":"2026-01-16","last_date":"2026-01-16","count":1,"origin":"introduced","wording":"Another is as a city. Bittensor is made up of 'subnets', which you can think of as neighbourhoods or specialised regions","lineage_notes":"Not found elsewhere in this session."}],"count":1,"eras":["dtao"],"status":"active","statements":["ala-shaabana-031"]},{"label":"clones","wording":"the premined Bittensor clones are on their way lads","first":{"narrator":"jacob-steeves","statement":"jacob-steeves-038","date":"2025-08-12"},"users":[{"narrator":"jacob-steeves","first":"jacob-steeves-038","first_date":"2025-08-12","last_date":"2025-08-12","count":1,"origin":"introduced","wording":"the premined Bittensor clones are on their way lads","lineage_notes":""}],"count":1,"eras":["dtao"],"status":"active","statements":["jacob-steeves-038"]},{"label":"cloud","wording":"serverless AI infrastructure atop the Bittensor network","first":{"narrator":"sn64","statement":"sn64-006","date":"2025-10-07"},"users":[{"narrator":"sn64","first":"sn64-006","first_date":"2025-10-07","last_date":"2025-10-07","count":1,"origin":"reused","wording":"serverless AI infrastructure atop the Bittensor network","lineage_notes":"The serverless cloud frame is the standard hyperscaler vocabulary; 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index","count":1,"narrators":["sami-kassab"]},{"label":"zkml","count":1,"narrators":["keith-singery"]},{"label":"no-code","count":1,"narrators":["sn56"]},{"label":"infrastructure","count":1,"narrators":["ala-shaabana"]},{"label":"crypto ai","count":1,"narrators":["ala-shaabana"]},{"label":"data analysis","count":1,"narrators":["sn107"]},{"label":"explaining bittensor","count":1,"narrators":["mark-jeffrey"]},{"label":"history of computing","count":1,"narrators":["mark-jeffrey"]},{"label":"usability","count":1,"narrators":["mark-jeffrey"]},{"label":"wallets","count":1,"narrators":["mark-jeffrey"]},{"label":"moat","count":1,"narrators":["mark-jeffrey"]},{"label":"investment thesis","count":1,"narrators":["mark-jeffrey"]},{"label":"human alpha","count":1,"narrators":["mark-jeffrey"]},{"label":"anti-big-tech","count":1,"narrators":["barry-silbert"]},{"label":"useful work","count":1,"narrators":["jason-calacanis"]},{"label":"energy","count":1,"narrators":["jason-calacanis"]},{"label":"subnet selection","count":1,"narrators":["jason-calacanis"]},{"label":"optimisation","count":1,"narrators":["sami-kassab"]},{"label":"market cap comparison","count":1,"narrators":["jason-calacanis"]},{"label":"price prediction","count":1,"narrators":["jason-calacanis"]},{"label":"anti-vc","count":1,"narrators":["mark-jeffrey"]},{"label":"distributed computing","count":1,"narrators":["jason-calacanis"]},{"label":"deflation","count":1,"narrators":["jason-calacanis"]},{"label":"labour","count":1,"narrators":["jason-calacanis"]},{"label":"borderless work","count":1,"narrators":["jason-calacanis"]},{"label":"key man risk","count":1,"narrators":["mark-jeffrey"]},{"label":"token versus equity","count":1,"narrators":["jason-calacanis"]},{"label":"accumulation","count":1,"narrators":["mark-jeffrey"]},{"label":"unit of account","count":1,"narrators":["mark-jeffrey"]},{"label":"network usage","count":1,"narrators":["sn64"]},{"label":"coordination","count":1,"narrators":["sami-kassab"]},{"label":"macro","count":1,"narrators":["ala-shaabana"]},{"label":"change","count":1,"narrators":["sami-kassab"]},{"label":"concentration of ai","count":1,"narrators":["barry-silbert"]},{"label":"public markets","count":1,"narrators":["mark-jeffrey"]},{"label":"inference cost","count":1,"narrators":["jason-calacanis"]},{"label":"ai sovereignty","count":1,"narrators":["jason-calacanis"]},{"label":"buybacks","count":1,"narrators":["sami-kassab"]},{"label":"synthetic data","count":1,"narrators":["sn107"]},{"label":"expertise","count":1,"narrators":["sn107"]},{"label":"credibility","count":1,"narrators":["sn107"]},{"label":"productive assets","count":1,"narrators":["jason-calacanis"]},{"label":"narrative","count":1,"narrators":["sami-kassab"]},{"label":"speculation","count":1,"narrators":["jason-calacanis"]},{"label":"holding period","count":1,"narrators":["jason-calacanis"]},{"label":"equity","count":1,"narrators":["sami-kassab"]},{"label":"builders","count":1,"narrators":["sami-kassab"]},{"label":"meritocracy","count":1,"narrators":["sn107"]},{"label":"benchmarking","count":1,"narrators":["sn107"]},{"label":"roadmap","count":1,"narrators":["sn107"]},{"label":"collaboration","count":1,"narrators":["sn62"]},{"label":"evolution","count":1,"narrators":["sn62"]},{"label":"reserve currency","count":1,"narrators":["mark-jeffrey"]},{"label":"interoperability","count":1,"narrators":["mark-jeffrey"]}],"relations":[{"from":"ala-shaabana","to":"jacob-steeves","kind":"borrows","statement":"ala-shaabana-031","note":"Accepts the brain frame associated with Steeves only when prompted, then substitutes a city; the market and Bitcoin frames are shared from the whitepaper."},{"from":"ala-shaabana","to":"jacob-steeves","kind":"agrees","statement":"ala-shaabana-016","note":"Speaks jointly with Steeves on the Finney launch and the solo-chain decision."},{"from":"ala-shaabana","to":"sami-kassab","kind":"responds","statement":"ala-shaabana-027","note":"Quote-posts Kassab's 'four or five successful subnets' investment case and extends it."},{"from":"ala-shaabana","to":"openai","kind":"argues","statement":"ala-shaabana-028","note":"Repeated foil from 2022 (one company owning AGI) to 2026 (governance drama, two board members)."},{"from":"ala-shaabana","to":"joe-biden","kind":"argues","statement":"ala-shaabana-022","note":"Op-ed against the AI executive order's reporting and approval regime."},{"from":"ala-shaabana","to":"opentensor-foundation","kind":"argues","statement":"ala-shaabana-025","note":"Co-founder of the foundation who publicly frames decentralising away from it as the priority."},{"from":"ala-shaabana","to":"polkadot","kind":"argues","statement":"ala-shaabana-016","note":"Explains leaving the parachain plan for a solo chain."},{"from":"barry-silbert","to":"parker-lewis","kind":"argues","statement":"barry-silbert-009","note":"Lewis called Silbert and Raoul Pal affinity scammers for promoting TAO; Silbert replied that calling TAO a scam is a lazy attack."},{"from":"barry-silbert","to":"raoul-pal","kind":"agrees","statement":"barry-silbert-014","note":"Pal hosted and amplified the next-Bitcoin thesis; the episode description calls Bittensor potentially more transformative than Bitcoin."},{"from":"barry-silbert","to":"greg-schvey","kind":"borrows","statement":"barry-silbert-032","note":"Silbert quotes Schvey's thread laying out the Bitcoin-2012 similarities."},{"from":"barry-silbert","to":"jason-calacanis","kind":"responds","statement":"barry-silbert-039","note":"Endorses Calacanis's public decision to buy TAO."},{"from":"barry-silbert","to":"tom-lee","kind":"agrees","statement":"barry-silbert-022","note":"Fundstrat session on TAO; calls Lee the first Wall Street bitcoin OG."},{"from":"barry-silbert","to":"jacob-steeves","kind":"introduces","statement":"barry-silbert-007","note":"Lists @const_reborn first among accounts newcomers should follow."},{"from":"jacob-steeves","to":"ala-shaabana","kind":"introduces","statement":"jacob-steeves-015","note":"Co-author of the whitepaper and the NeurIPS workshop paper; shares the market and supercomputer frames."},{"from":"jacob-steeves","to":"yuma-rao","kind":"borrows","statement":"jacob-steeves-002","note":"bittensor.com credits the whitepaper to the pseudonymous Yuma Rao; arXiv lists Steeves as co-author, so the market frame is shared between the two names."},{"from":"jacob-steeves","to":"openai","kind":"argues","statement":"jacob-steeves-026","note":"Recurring foil from 2022 onward: a company built on one model, pulled toward the trillion-dollar corporation."},{"from":"jacob-steeves","to":"samuel-dare","kind":"argues","statement":"jacob-steeves-048","note":"Covenant AI founder who called Bittensor 'decentralization theatre' in April 2026; Steeves answered point by point and then in a long-form essay."},{"from":"jacob-steeves","to":"robert-scoble","kind":"responds","statement":"jacob-steeves-056","note":"Scoble quoted the Substrate passage of the June 2026 essay the same day, calling it important for everybody in AI."},{"from":"jason-calacanis","to":"mark-jeffrey","kind":"introduces","statement":"jason-calacanis-038","note":"Credits Mark Jeffrey (Hash Rate podcast, Stillcore Capital) with bringing him to Bittensor and inviting him into the fund."},{"from":"jason-calacanis","to":"alex-wilhelm","kind":"responds","statement":"jason-calacanis-004","note":"Answers Wilhelm's too clever by half with the federalism defence; later disagrees with him over Sam Dare."},{"from":"jason-calacanis","to":"michael-saylor","kind":"argues","statement":"jason-calacanis-019","note":"Says Saylor's accumulation ended the game of Bitcoin."},{"from":"jason-calacanis","to":"chamath-palihapitiya","kind":"responds","statement":"jason-calacanis-025","note":"On All-In, after Chamath said he was not long TAO, discloses his own TAO bet."},{"from":"jason-calacanis","to":"sam-dare","kind":"argues","statement":"jason-calacanis-028","note":"Rejects Covenant AI's decentralisation grievance and says a founder cannot leave with holders' tokens."},{"from":"jason-calacanis","to":"jacob-steeves","kind":"agrees","statement":"jason-calacanis-053","note":"After interviewing Const, likens him to early Bitcoin true believers; his third way echoes Const's third path."},{"from":"jason-calacanis","to":"raleigh-ca","kind":"borrows","statement":"jason-calacanis-046","note":"The buy one TAO post quotes @Raleigh_CA's Who owns your Intelligence thread."},{"from":"joseph-jacks","to":"jacob-steeves","kind":"agrees","statement":"joseph-jacks-001","note":"Casts Steeves as father of Bittensor and the founder he most admires; later 'The man. The myth. The legend.'"},{"from":"joseph-jacks","to":"jacob-steeves","kind":"responds","statement":"joseph-jacks-010","note":"Quote posts Steeves to assert Bittensor predates OpenAI."},{"from":"joseph-jacks","to":"barry-silbert","kind":"agrees","statement":"joseph-jacks-003","note":"Names Silbert as an early believer alongside his own 2023 entry."},{"from":"joseph-jacks","to":"sami-kassab","kind":"agrees","statement":"joseph-jacks-015","note":"Co-guest and OSS Capital partner on the Unchained episode."},{"from":"joseph-jacks","to":"defi-mochi","kind":"argues","statement":"joseph-jacks-012","note":"Sarcastic reply to a critic of TAO emissions."},{"from":"joseph-jacks","to":"marc-andreessen","kind":"argues","statement":"joseph-jacks-023","note":"Defends direct democracy against Andreessen's remarks on Lex Fridman, using Bittensor as the example."},{"from":"joseph-jacks","to":"sam-altman","kind":"argues","statement":"joseph-jacks-032","note":"Renames Altman 'Scam Altcoin' and sets subnet 3 and the network against him."},{"from":"joseph-jacks","to":"naval-ravikant","kind":"borrows","statement":"joseph-jacks-041","note":"Adapts Naval's networks-to-markets thread to Bittensor subnets."},{"from":"joseph-jacks","to":"james-altucher","kind":"agrees","statement":"joseph-jacks-038","note":"Co-host of The TAO Pod through Season 1."},{"from":"keith-singery","to":"sn62","kind":"introduces","statement":"keith-singery-017","note":"Names Ridges the most Bittensory subnet and gives it a full episode."},{"from":"keith-singery","to":"sami-kassab","kind":"agrees","statement":"keith-singery-018","note":"Both pick Ridges as the proof case in the same quarter; Sami's Ridges memo appeared on 2025-09-23."},{"from":"keith-singery","to":"sn9","kind":"introduces","statement":"keith-singery-021","note":"Relays Macrocosmos' IOTA launch as the moment anyone can mine."},{"from":"mark-jeffrey","to":"joseph-jacks","kind":"agrees","statement":"mark-jeffrey-001","note":"Frequent Hash Rate guest whose trillion-dollar TAO and Bitcoin-like asset framing he headlines."},{"from":"mark-jeffrey","to":"dav-fields","kind":"borrows","statement":"mark-jeffrey-006","note":"Credits the ReadyAI founder for the third great coin idea."},{"from":"mark-jeffrey","to":"arca","kind":"responds","statement":"mark-jeffrey-006","note":"Reacting to an Arca newsletter on TAO."},{"from":"mark-jeffrey","to":"chamath-palihapitiya","kind":"responds","statement":"mark-jeffrey-002","note":"Opens Ep. 64 on Chamath's mention of Bittensor on All-In."},{"from":"mark-jeffrey","to":"eric-raymond","kind":"borrows","statement":"mark-jeffrey-019","note":"Cathedral and Bazaar frame."},{"from":"mark-jeffrey","to":"geoffrey-moore","kind":"borrows","statement":"mark-jeffrey-026","note":"Crossing the chasm."},{"from":"mark-jeffrey","to":"unsupervised-capital","kind":"borrows","statement":"mark-jeffrey-028","note":"Adopts their Y Combinator anyone can join line and says he agrees."},{"from":"mark-jeffrey","to":"sam-dare","kind":"argues","statement":"mark-jeffrey-032","note":"Rejects the Covenant founder's centralisation critique as cover for a cash grab (Stillcore article)."},{"from":"mark-jeffrey","to":"jacob-steeves","kind":"agrees","statement":"mark-jeffrey-032","note":"Backs Const's acknowledgment of governance defects and his lock-based ownership fix."},{"from":"mark-jeffrey","to":"sigil-wen","kind":"responds","statement":"mark-jeffrey-029","note":"Builds his vibe-miner idea on a post about self-funding AI agents."},{"from":"mark-jeffrey","to":"jason-calacanis","kind":"introduces","statement":"mark-jeffrey-034","note":"Brought Bittensor to This Week in Startups twice and Calacanis later joined Stillcore as a partner (per Ventura Labs Ep. 62 chapters)."},{"from":"opentensor-foundation","to":"openai","kind":"argues","statement":"opentensor-foundation-022","note":"November 2023 update calls OpenAI's Dev Day the playbook of a bygone era and says the network does not fear OpenAI."},{"from":"opentensor-foundation","to":"bitcoin","kind":"borrows","statement":"opentensor-foundation-014","note":"Fair launch, halving and 21 million supply are framed as Bitcoin's precedent; the v6 README calls Bittensor a mining network similar to Bitcoin."},{"from":"opentensor-foundation","to":"ethereum","kind":"borrows","statement":"opentensor-foundation-045","note":"The About page says Bittensor adds to Bitcoin's market the abstraction Ethereum added to Bitcoin's contracts."},{"from":"opentensor-foundation","to":"jacob-steeves","kind":"introduces","statement":"opentensor-foundation-045","note":"The official About page is bylined Const, core dev at Rao Foundation; the language-for-markets frame is his."},{"from":"opentensor-foundation","to":"yuma-rao","kind":"introduces","statement":"opentensor-foundation-001","note":"Both the 2020 whitepaper and the 2025 dTAO whitepaper are signed Yuma Rao, the pseudonymous author the Foundation publishes."},{"from":"opentensor-foundation","to":"timo","kind":"introduces","statement":"opentensor-foundation-027","note":"bittensor.com hosted Timo's essay The Bittensor Standard (Towards P2P Computational Capitalism) in 2024 beside its own Explained page."},{"from":"sami-kassab","to":"jacob-steeves","kind":"agrees","statement":"sami-kassab-024","note":"Endorses Const effectively operating as CEO again and founder-led direction over democratic process [sami-kassab-021]."},{"from":"sami-kassab","to":"opentensor-foundation","kind":"argues","statement":"sami-kassab-018","note":"Calls the Taoflow upgrade contentious for being implemented without a formal feedback period, while staying invested."},{"from":"sami-kassab","to":"sn62","kind":"introduces","statement":"sami-kassab-014","note":"Ridges as the open tournament that beat billion-dollar labs; his flagship proof case."},{"from":"sami-kassab","to":"keith-singery","kind":"agrees","statement":"sami-kassab-014","note":"Keith named Ridges the most Bittensory subnet in July 2025; both use it as the proof case."},{"from":"sami-kassab","to":"teng-yan","kind":"agrees","statement":"sami-kassab-011","note":"Both describe dTAO as handing emission control to the market; Teng's guide of February 2025 uses the same frame."},{"from":"sn107","to":"sn120","kind":"agrees","statement":"sn107-004","note":"Winner-take-all mechanism, as in Affine's crown."},{"from":"sn107","to":"opentensor-foundation","kind":"responds","statement":"sn107-008","note":"The Opentensor Foundation reposted the OpenAI paper announcement."},{"from":"sn120","to":"jacob-steeves","kind":"borrows","statement":"sn120-003","note":"The subnet's vocabulary (commodity, market, incentive-based networks) is the founder's own, since he runs it."},{"from":"sn120","to":"sn62","kind":"introduces","statement":"sn120-009","note":"Steeves names Ridges as a large coding-agent subnet optimized collectively by miners in the same interview."},{"from":"sn120","to":"sn107","kind":"agrees","statement":"sn120-014","note":"Both Affine and Minos run winner-take-all mechanisms; Minos calls it Winner-Take-All, Affine calls it a crown."},{"from":"sn34","to":"opentensor-foundation","kind":"borrows","statement":"sn34-010","note":"Describes Bittensor in the foundation's competition-and-rewards language rather than in the founder's market or commodity language."},{"from":"sn34","to":"sn120","kind":"agrees","statement":"sn34-014","note":"Both frame the subnet as a continuous incentivized competition with anti-gaming as a proof point."},{"from":"sn4","to":"opentensor-foundation","kind":"borrows","statement":"sn4-009","note":"Adopts the digital commodities frame"},{"from":"sn4","to":"jacob-steeves","kind":"borrows","statement":"sn4-009","note":"Marketplace language traces to Steeves's market for intelligence"},{"from":"sn4","to":"opentensor-foundation","kind":"argues","statement":"sn4-001","note":"Criticises the foundation's Python-only stack"},{"from":"sn4","to":"sn64","kind":"argues","statement":"sn4-010","note":"No Free Gas is a position against subsidised compute; Chutes later adopted a no-subsidies line at https://chutes.ai/news/from-volume-to-value-building-a-sustainable-ai-inference-platform-2"},{"from":"sn56","to":"jacob-steeves","kind":"borrows","statement":"sn56-004","note":"The marketplace-of-miners frame echoes Steeves's market for intelligence"},{"from":"sn56","to":"sn64","kind":"agrees","statement":"sn56-009","note":"Same lab, same 'powered by Bittensor subnet' relationship wording"},{"from":"sn62","to":"sn120","kind":"responds","statement":"sn62-010","note":"A leader-plus-proportional-split mechanism where Affine uses a single crowned king; Steeves cites Ridges approvingly in the ChainCatcher interview."},{"from":"sn62","to":"jacob-steeves","kind":"borrows","statement":"sn62-001","note":"The marketplace framing echoes the founder's markets-for-commodities language."},{"from":"sn64","to":"opentensor-foundation","kind":"borrows","statement":"sn64-009","note":"Uses the foundation's 'ecosystem' and 'decentralized AI network' wording rather than a market frame"},{"from":"sn64","to":"sn4","kind":"agrees","statement":"sn64-006","note":"Both Rayon Labs and Manifold describe their subnets as a cloud on Bittensor"},{"from":"sn75","to":"opentensor-foundation","kind":"borrows","statement":"sn75-002","note":"Leverages Bittensor's incentive mechanism is foundation-docs phrasing."},{"from":"sn75","to":"sn62","kind":"agrees","statement":"sn75-011","note":"Both subnets front a conventional product (S3 storage, a coding agent) and push the network to the background in customer copy."},{"from":"sn9","to":"opentensor-foundation","kind":"borrows","statement":"sn9-007","note":"Frames IOTA as fulfilling Bittensor's original intention, the foundation's founding-mission story"},{"from":"sn9","to":"jacob-steeves","kind":"borrows","statement":"sn9-003","note":"Commodities vocabulary for what subnets produce"},{"from":"sn9","to":"sn64","kind":"agrees","statement":"sn9-008","note":"Both use 'collective' but for different things: Macrocosmos for miners, Chutes for its team"},{"from":"teng-yan","to":"opentensor-foundation","kind":"borrows","statement":"teng-yan-008","note":"Uses the network's digital hive mind phrase in scare quotes."},{"from":"teng-yan","to":"sami-kassab","kind":"agrees","statement":"teng-yan-019","note":"Both describe dTAO as handing emission allocation to the market; Sami's May 2025 note uses the same frame."},{"from":"teng-yan","to":"jacob-steeves","kind":"argues","statement":"teng-yan-002","note":"His 2024 critique targets the root-network design of validator voting across subnets that the founders built; no direct exchange recorded."},{"from":"teng-yan","to":"sn17","kind":"introduces","statement":"teng-yan-023","note":"Profiles 404-Gen as a swarm competing in real time."}]}