By: siamkidd
Since entering crypto in 2016, I’ve liked many different projects. Some I’ve liked for years — but aside from Bitcoin, I never really found a “home.”
Crypto is still 99% noise: empty promises, announcements of announcements, and endless nonsense.
Then I found Bittensor.
For the first six months, I thought it was pie-in-the-sky and ignored it. But like any early project with real substance, it kept evolving. And now, in Q3 2025, it’s far more advanced than I expected — thanks to its open-source structure and the ferocious competition among miners.
Where Bitcoin created a decentralized arena of competition for hashrate, Bittensor created dozens of incentive mechanisms. Not just compute — but many different types of useful work.
Where Bitcoin rewards miners with 100% of emissions, Bittensor distributes emissions differently:
- 41% to miners
- 41% to validators
- 18% to subnet owners
The result? A true Proof of Useful Work system… and a candy shop of world-best AI capabilities emerging inside one network.
If a typical crypto project achieved a world-best in one category, they’d market it non-stop. Meanwhile Bittensor — right now — is quietly home to:
🏆 World’s best data scraping/curation/generation — Macrocosmos AI
🏆 World’s best data cleaning & labelling — ReadyAI
🏆 World’s best distributed pre-training — Macrocosmos AI
🏆 World’s best distributed training — Templar
🏆 World’s best 1Auto ML — Gradients
🏆 World’s best novel drug discovery & synthesis — Metanova Labs
🏆 World’s best SSL for AI — Inference Labs
🏆 World’s best sports computer vision & labelling — Score
🏆 World’s best coding assistant — Ridges
🏆 World’s best deepfake detection — BitMind Labs
🏆 World’s best & cheapest compute — Targon, Chutes, Lium
🏆 World’s best & cheapest inference — Targon, Chutes_ai
🏆 World’s best video upscaling & compression — Vidaio
🏆 World’s best decentralized cloud storage — Hippius
🏆 World’s best weather forecasting — Zeus Gaia
🏆 World’s best quantum computing simulations? — qBitTensor Labs
…and the list goes on.
It’s almost absurd. All these leading-edge capabilities built under one umbrella: Bittensor. And the single value-capture asset for the entire ecosystem is $TAO.
Just like Alphabet contains many companies but the equity is $GOOG, Bittensor contains dozens of AI startups — and their liquidity funnels through TAO.
Unlike Ethereum, where an L2 might have zero impact on ETH, every Bittensor subnet has its own token and liquidity pool. And the only way to get those tokens is by buying TAO and swapping it.
It only takes one subnet hitting terminal velocity — becoming a real-world unicorn — to pull TAO up with it.
A clear example is Subnet 62 (Ridges): A direct competitor to Claude Code, Cursor, and Devin — companies with billions in ARR. Within weeks (or a month or two), Ridges will surpass them technically, and they won’t be able to catch up. What would a startup like that be worth? Billions in market cap?
And yet…
Despite all of this, Bittensor is still under the radar at a $3.2B market cap — because it is terrible at marketing. Maybe the worst in the space. That’s why this post exists.
Like Bitcoin, TAO has a capped supply of 21 million tokens and halving every 4 years. The subnets also have a 21M cap with a 2-year halving schedule.
Bittensor is now my home. I’m building businesses around it and even launched the world’s first Bittensor-dedicated hedge fund, DSV Fund, to support the ecosystem.
There is no better research you can do for your crypto portfolio — and your future net worth — than spending at least 10 hours studying Bittensor.
Your future self will thank you.
To get started, I highly recommend watching this video:
Be the first to comment