Crypto Investor since 2017 | Entrepreneur | Strategic Advisor | wearesubconnect.com 🔜

London
Dr Reed | SubConnect retweeted
Before Forge or Endure have even launched, people are already choosing to build alongside us. That is what Forge's TVL commitments and the partnerships forming across the Bittensor ecosystem actually represent: not capital chasing a return, but conviction in the loop this is designed to create. Once Forge is live, more than 50% of its revenue is planned for Endure Alpha buybacks, strengthening the incentives behind the network, attracting better contributors, and producing better risk intelligence over time. $TAO SN30.
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Great work @forevermoney_ai Bittensor multisig for the EVM layer. Now what we need is a version of this for the main substrate layer... $TAO
Web3’s institutional multi-sig is now on Bittensor. @safe secures tens of billions - from DeFi protocols to Circle-scale treasuries. Now available for TAO + alpha: • multi-sig custody • scoped permissions for agents A massive unlock. More soon.
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Choose your fighter. 21M supply. Fair launch. Open network. bittensor:native $ZEC $BTC
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Dr Reed | SubConnect retweeted
sundae_bar is now a subscription business. 🍨 Subscribe. Tell us what you need to get done. We figure out the right AI to do it. Hundreds of AI capabilities behind it. And if the capability you need doesn’t exist yet, SN121 can build it. Big shoutout to the Bittensor community. None of this gets built without the developers and people across the $TAO ecosystem. This is what we’ve been working towards since day one. A little more about what this means from me below ↓
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And now sn112 is in the mix for Robotics data welcome @THORMachines bittensor:native
The key to humanoid robots is the robot AI brain. The key to the brain is DATA. @Figure_robot (in which I am an investor) is doing a 'closed AI' version of crowdsourced DATA collection. Bittensor subnet 80, OpenRoboto is doing the SAME THING but open, decentralized. bittensor:native
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AI compute is tokenised now by Bittensor bittensor:native This is your chance to front run Blackrock. @engyai @say_gm_ @chutes_ai @lium_io
JUST IN: BlackRock says AI compute could be tokenized in the future.
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It feels like one of the more competitive metrics appearing recently in subnets is the revenue/buyback piece. The inference subnets are at the front of this, with @engyai and @say_gm_ both reporting great numbers. bittensor:native
We covered Engy, $TAO SN53, in our Bittensor Revenue Index, but at the time the subnet had only been operational for a couple of weeks. The numbers simply didn't do the opportunity justice yet, so it's due for an update. Over the past month, and especially over the last couple of days, Engy has shown consistent growth in both token requests and revenue-funded buys and burns of its Alpha token (see images). The latest update from the team is that Engy reached a $10K revenue day for the first time on September 21st. And as @algodtrading explained: it's only one day, but thats how it always starts. That's the important part if you ask us. It gives investors perspective on both where Engy is today and where it could be heading. Sustain the current level and you're looking at roughly $4M in annualized revenue. Continue the growth trajectory and things get really interesting. On top of that, a new batch of US-based B300s is expected to come online as additional miner hardware in roughly three weeks, with the team reportedly already having customers lined up for that capacity. As always, we want to see that translate into actual token demand and revenue-funded buys on-chain. But so far, many of the things the team has talked about have subsequently become reality. Based on the current trajectory and the additional mining capacity coming online, Engy is becoming a real contender to become one of the largest revenue generating subnets on Bittensor. And we're all for some healthy competition for that #1 revenue generating subnet crown.
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Dr Reed | SubConnect retweeted
.@near_ai’s confidential models are now available through @say_gm_ on Bittensor. GM is becoming a gateway for private AI across ecosystems.
NEAR AI Cloud's confidential inference is now live on @say_gm_'s confidential tier. SayGm reaches dozens of models through one API key, and runs its own routing inside an Intel TDX enclave rather than on ordinary servers.
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Dr Reed | SubConnect retweeted
Will barry be right on both zcash:native and bittensor:native ? Both excel in their narratives, on the bittensor:native side the quality has been increasing a lot although we still have a long way to go. Compared to 2 years ago the quality probably went up 100x. accelerate
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Looks like @Bitcast_network are accelerating.
Quick update - high level topics : * New Bitcast team members * Revenue update * Buy backs
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Dr Reed | SubConnect retweeted
Replying to @dotkrueger
I did so no one else has to waste their morning, if anyone wants the actual court docs DM me: “**The case:** Applied Quanta bought Subnet 90 in April 2025 for ~$50k, built DegenPredict and the DGEN token on it, got deregistered in December, and sued three Bittensor developers for 15 counts and $75M treble damages in E.D. Cal. **Where it stands:** Motions to dismiss filed June 17 on both 12(b)(2) and 12(b)(6), with sworn declarations from all three defendants. Plaintiff couldn't oppose them and instead asked for jurisdictional discovery on the eve of its deadline, then served 60 RFPs and 18 interrogatories including who's funding the defense. Briefing closes September 30. Expect discovery narrowed, jurisdiction likely granted to defendants, dismissal without prejudice. **Why it fails legally:** No personal jurisdiction over three non-residents who never contacted the plaintiff. The MIT license authorizes the code modification, gutting CFAA, conversion and tortious interference. No false statement attributable to any named defendant. Damages of $50–100M for a pre-revenue business with an observed market of $60–120k. And he never sued OTF — if he were actually going after TAO he'd have sued the Opentensor Foundation, the entity his own complaint names as creating and controlling the network. It's not like they're hiding. **Why it fails technically:** Deregistration predates dTAO, was disabled at dTAO launch, reintroduced by a public July 2025 proposal. It fires automatically at the 128-subnet cap, removing the lowest-EMA non-immune subnet. SN90 was four months past its four-month immunity when it was displaced. 21 of 128 slots were recycled the same way in one 406-day sample. The $60k appears to be the incoming registrant's burn cost to the protocol, and the mechanism refunds lock cost minus emissions taken. **The honest reading:** he bought during a documented pause in a documented mechanism, mistook that pause for permanence out of technical ignorance, attempted to build a consumer business and a token on a dependency he didn't control, underperformed on the one metric that transparently governed displacement, got displaced by design, and then sued three individual developers for $75 million over a $50,000 slot.” Spiteful.
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When Bittensor $TAO goes bananas, some of the best performing subnets will be the ones that manage their miner emissions so that they're not over paying for service. If subnets don't manage this, the knock on effects will be Drop in rankings Lower alpha/$ price Less emissions It's a genuine risk to manage. Which subnets are swimming blind, and which have this covered already?
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This is what we want to hear. Gutted not to be able to go to Exploit, but looking forward to hearing what's going on behind the curtain. $TAO
We'll hear a lot of subnet announcements next week at the EXPLOIT Bittensor conference. I'm talking significant customer traction and revenue with real AI products. Stay tuned.
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Dr Reed | SubConnect retweeted
Replying to @HyytYdw
in 1997 most/all websites were shit. that is where i think we are with bittensor, the world wide web of AI. give it time. the quality of talent and ideas coming to bittensor is rapidly improving (and is already top notch IMO)
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Dr Reed | SubConnect retweeted
Replying to @0xKant_
sir allow me to do you one better 1M TAOB
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Dr Reed | SubConnect retweeted
Once upon a time, there were two great kingdoms. Across the River of Chains lived #Ethereum, where travellers carried purses filled with silver coins. Across the mountains stood #Bittensor, a strange and growing kingdom where every little realm, called a subnet, had its own special coin 🏰 Many travellers wanted to visit Bittensor. But getting there was another matter. The old road was filled with toll booths, strange bridges, locked gates, and confusing crossroads. A traveller might spend more time figuring out the journey than exploring the kingdom itself. Then, one morning, a mysterious gate appeared. Above it was written: TAO.com The traveller approached cautiously. “I have silver from the kingdom across the river,” he said. “But I want one of the treasures from Bittensor.” “Then simply tell the gate where you wish to go,” replied @taodotcom. The traveller placed his silver before the gate and named the little subnet realm he wished to visit. The gate showed him exactly what the journey would cost. He nodded. And the gate opened. Somewhere beyond the mountains, a mysterious merchant called a solver hurried ahead with his own treasure. Before long, the traveller arrived in Bittensor, and the subnet’s coin was waiting safely in his own purse ✨ He had crossed kingdoms without stopping at the old exchange bazaar. He had not needed to build a bridge himself. He had simply told the gate where he wanted to end up. But then the traveller discovered the gate had another side. “What if I want to go home?” “Then turn around.” So when the time came, he brought his Bittensor treasure back to the gate and asked for silver from Ethereum. Once again, the gate opened. And his silver appeared in his own purse across the river. The traveller smiled. For years, the two kingdoms had been separated by complicated roads. Now there was a doorway between them. A doorway where you bring what you already have, name what you want, and let the magic handle the journey. And soon, travellers began arriving from far and wide. Some came looking for a particular subnet. Others simply wanted to explore. But all of them discovered the same thing: The journey into Bittensor no longer had to be the adventure. The adventure could finally begin once you arrived 🏰✨
USDC to dTAO Crosschain swaps. Now LIVE. Swaps settle in seconds, it's FAST. Like, seriously quick. Directly from Subnets into USDC (Or ETH) and vice versa. Try it today at TAO.com
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He's describing Bittensor but he will probably launch some VC thing later.
Crypto needs an AI token that is the encapsulation of open source and accelerationism A distributed evolving model that can be inferenced against, that represents ownership, captures value, redistributes it No safety fear mongering The crypto culture of open source is so similar to the AI culture around acceleration and open source Nothing live today fits. Huge opportunity
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Our regular X Spaces, now called 'All Things TAO' is on later today, 3pm UK time (BST) Come join!
All Things TAO Drop by at 3pm UK time (BST) for our show, an informal regular look at what's going on in Bittensor $TAO land. Today we're going to -Learn more about Intents by @taodotcom with @Gylez popping by - Discover what the recent release by @Pareton_ai means, what they do as a subnet, and why you should care - Chat with the @sundaebar_ai team on their agents for business marketplace and how their subnet integrates into it. On top of that we'll have a general chat on what's going on in the eco. As always, if you want a topic covered, drop it below or message us and we'll cover it if we can. Feel free also to come with your questions or opinions, it's an open forum. nitter.net/i/spaces/1rxmqpmZgPQxy…
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