Finance
What to know:
- In the labyrinth of decentralized ambition, Bittensor, that enfant terrible of artificial intelligence, is said to be “hitting escape velocity,” according to Yuma, a merchant of digital trinkets and AI-infused commerce. 🌌
- Its infrastructure, a sprawling archipelago of 128 subnets, now stretches from the mundane (fraud detection) to the sublime (on-device AI), a testament to human ingenuity and our unquenchable thirst for complexity. 🕸️
- Even the custodians of the crypt-BitGo, Copper, and Crypto.com-have deigned to join via Yuma’s validator, a gesture as much about institutional curiosity as it is about securing their place in this brave new world. 🏛️
Ah, Bittensor, that unruly child of blockchain and machine learning, is said to be “hitting escape velocity,” its growth in subnets, wallets, and institutional access accelerating like a runaway cart down a hill. So declares the inaugural “State of Bittensor” report from Yuma, a purveyor of AI-enhanced commerce, whose parent, Digital Currency Group, commissioned a poll to assure us that 77% of consumers prefer decentralized AI to the iron grip of Big Tech. How quaint. 🤡
The report, a snapshot of the first half of 2025, informs us that nearly half of respondents already dabble in open-source AI tools, as if this were a revelation rather than a predictable outcome of our insatiable desire for free things. Bittensor, for its part, aspires to create a peer-to-peer marketplace for machine learning, a noble goal in an age where data is the new oil and tech titans are the new robber barons. 🛢️
Against this backdrop of digital feudalism, Bittensor’s infrastructure expands with the fervor of a religious crusade. Its 128 subnets, each a fiefdom of specialized function, range from fraud detection to on-device AI. Take Yanez’s MIID subnet, which generates synthetic identities to torment financial compliance systems, or NATIX’s StreetVision, which crowdsources urban video data from a quarter-million drivers to improve maps and autonomous navigation. And then there’s FLock’s “FLock OFF” subnet, a bastion of federated learning that keeps data private while scaling through communal effort. How very socialist. ☭
The custodians, those sentinels of the crypto realm, have also joined the fray via Yuma’s validator. BitGo, Copper, and Crypto.com lend an air of legitimacy to Bittensor’s ambitions, though one wonders if they are not merely hedging their bets in this game of digital thrones. 🏰
The numbers, as always, tell a story of relentless expansion. In the second quarter, subnet growth surged by 50%, miners by 16%, and non-zero wallets by 28%. Staked TAO rose 21.5%, its market cap approaching $4 billion by July, while subnet tokens collectively neared $800 million. Yuma’s founder and CEO, Barry Silbert, proclaims that Bittensor is “changing the way AI is built and distributed,” a claim as bold as it is self-serving. He also teases the launch of Yuma Asset Management, a vehicle to funnel investor capital into this burgeoning ecosystem. How convenient. 💰
And so, decentralized intelligence, once a niche experiment, is now declared a functioning infrastructure. “It’s already underway,” Silbert assures us, as if we needed his imprimatur to see the writing on the wall. But then, in this age of hype and hyperbole, who can blame him for adding his voice to the chorus? 🎭
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2025-09-14 17:58