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AdTAO Highlights Customer Growth, Mainnet Progress, and Product Updates for June

AdTAO highlights June milestones including enterprise customer growth, $120K ARR, mainnet rewards, product upgrades, and Google Ads infrastructure on Bittensor.

AdTAO Highlights Customer Growth, Mainnet Progress, and Product Updates for June
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AdTAO (SN21) closed June with real revenue attached to the subnet: two US franchise customers signed for a minimum of $120,000 ARR, and $21,000 paid across 98 miner wallets in the first three full weeks of clean mainnet operation.

AdTAO’s Website

Holder wallets grew 12.7% to 2,207, the team presented at Proof of Talk in Paris and DSV London, and one investor publicly added to their position after the presentation.

Behind the scenes, a backend data migration shipped, the Google Ads MCP server went public, and 29 commits landed against an incentive mechanism redesign now in build for August.

Ten Things that Landed in June

The month covered customer traction, ecosystem exposure, infrastructure work, and the incentive mechanism redesign that shapes the next six months.

1. Two new major US franchise customers were announced. Combined minimum of $120,000 in new annual recurring revenue, with the number expected to grow as those franchises open new locations. Franchises are the target segment specifically because that expansion is built into the customer profile.

2. Two new referral partners added to the pipeline. Actively sourcing US franchise businesses to introduce to AdTAO, which sits upstream of the next wave of customer additions.

3. First three full weeks on mainnet paid out roughly $21,000 to 98 miner wallets. The stretch before June was rough because validator problems were burning miner rewards, but the June cycle is the first cleanly running proof that the mining economy on AdTAO functions. The distribution across 98 wallets shows real breadth of participation.

4. Data infrastructure migration completed. Backend work that unlocks the richness of the data for miners and opens up what the incentive mechanism can do. More detail on that coming shortly.

5. Attended Proof of Talk in Paris. Multiple days of exposure to the broader Bittensor community, the first chance for the team to speak with people in the ecosystem in person. Learning being channeled directly into the operating model.

AdTAO at DSV London event

6. Presented at the DSV London event on July 2. Direct customer approaches after the presentation, and one investor added to their position with a public note that “AdTAO looks like it could do very well.” Business impact is still landing over the coming weeks.

7. Incentive mechanism redesigned for an August launch. Now in build across July, with the redesign built to give miners more rewards, produce more impactful results, and deliver stronger outcomes to customers. Described by the team as a step change in what the subnet can do.

SN21’s Current Incentive Mechanism

8. $SN21 holder wallets grew 12.7% to 2,207 in June. The message is starting to travel beyond immediate stakeholders, and community holders are compounding.

$SN21 Holder Wallet Chart

9. 29 GitHub commits in June. May was heavier by volume, but the June commits reflect the deep work on the incentive mechanism build going into August.

10. Version one of the Google Ads MCP server released publicly. Available now, with more capability landing in July. Positions AdTAO as the intelligence layer between Google Ads workflows and the agentic ecosystem building on top.

Proof of Value Comes Next

July brings the next version of the Google Ads MCP server, August brings the new incentive mechanism with the backend already in place, and the franchise referral pipeline keeps sourcing US businesses at the top of the funnel.

The miner economy is now running cleanly with 98 wallets paid across the first three full weeks on mainnet, and $SN21 holders grew 12.7% to 2,207 in the same window.

The team’s own sign-off put it plainly: they have found their feet in Bittensor, and the next few months are about delivering the proof of value that follows Proof of Talk.

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