
SUMMARY: In this Bittensor update, Jesus Martinez covered the completion of Teutonic-I’s 1 billion parameter training run and the immediate launch of Teutonic-III at 3.3 billion parameters, while flagging the ongoing ‘Covenant’ governance situation and introducing the new ‘Conviction’ proposal designed to prevent future malicious subnet takeovers.
The institutional wave dominated much of the update, with BitGo and Yuma expanding custody to cover subnet ‘$ALPHA’ tokens, Score (Subnet 44) signing with PwC France, Targon (Subnet 4) co-authoring a confidential compute paper with Intel, and Kraken Institutional formalizing a validator staking partnership, collectively opening regulated entry points for enterprise capital into the ecosystem.
Builder activity was equally dense, with Oro (Bittensor Subnet 15) launching an $85,000 agent competition, Babelbit (Subnet 59), BrainPlay (Subnet 117), and Metanova Labs all going live in the same week, and four subnets posting real revenue numbers and production use case led by Chutes (Subnet 64) processing over 50 billion tokens daily.
Martinez closed by noting Grayscale raising its $TAO allocation to 43% of its AI fund, Const speaking at Paris Blockchain Week, and the launch of the TAO Institute, framing the period as one of Bittensor’s strongest signals of institutional credibility and ecosystem momentum yet.
By JM Crypto
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