Messari, one of the biggest research companies in crypto, just released a report called State of AI, and it covers how AI is changing the world, and why projects like Bittensor are needed to support this growth.

The Bittensor community is extremely excited about this report. Why? Because Messari dedicated an entire chapter to explaining why decentralized AI matters, and they specifically talk about what Bittensor is building.

Here’s what the report says and why it matters.

What is Messari?

Messari is like the Bloomberg of cryptocurrency. They’re one of the most trusted research companies in the space.

They do three main things:

• Write detailed reports about crypto projects
• Track real-time data on prices and tokens
• Provide analysis that serious investors rely on

When Messari publishes research, people pay attention. Their team includes experts from traditional finance, engineering, and deep crypto backgrounds. They focus on data and facts, not hype.

Messari has been covering Bittensor since 2023, so they understand the project deeply.

What is This Report About?

The State of AI 2025 is Messari’s big report on how AI and cryptocurrency are coming together. It is over 100 pages of analysis, charts, and data, and is completely FREE.

It focuses on how AI is growing, how much money is being spent on it, and why decentralized AI matters. One entire chapter is about decentralized AI, which shows how important Messari thinks this topic is.

The report points out how modern AI models:

• need huge amounts of computing power
• require extremely large datasets
• cost millions of dollars to train
• are controlled by only a few companies

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Because of this, AI is becoming harder for normal people and small teams to access.

Messari says this creates a problem. AI is becoming too centralized.

Why Centralized AI Is a Problem

The report highlights three main issues:

1. There’s too much control in too few hands, that is, only a small group of companies control most advanced AI.
2. The high costs block innovation, since only rich companies can afford to build big AI systems.
3. And limited transparency, as we don’t know what happens inside these closed models.

Messari warns that this could slow down AI growth or make it unfair.

How Decentralized AI Solves These Problems

This is where Bittensor and similar projects come in. Messari explains why blockchain and cryptocurrency are perfect for fixing AI’s problems.

1. Anyone Can Participate. With decentralized AI:

• You don’t need permission from a company
• Anyone in any country can contribute
• Small players can compete with big companies
• No single company controls everything

It’s like the difference between one company owning all the internet compared to millions of people and companies providing internet services.

2. Everything Is Verifiable. With blockchain:

• You can see how AI models are trained
• You can verify what data was used
• Everything is recorded transparently
• You don’t have to just trust. You can check

3. Payments Work Automatically. Crypto makes it easy to:

• Pay people anywhere in the world instantly
• Give tiny payments for small contributions
• Reward good work automatically
• Handle millions of small transactions

Traditional banking can’t do this efficiently, but crypto can.

4. Competition Keeps Prices Fair. When many people can provide the same service:

• Prices go down naturally
• Quality goes up (to attract customers)
• No one can charge monopoly prices
• Innovation happens faster

The report’s key point is “Crypto doesn’t compete with AI, it enables it”.

The Bittensor Subnets Featured in the Report

One of the most interesting parts of the Messari report is the deAI ecosystem map showing which Bittensor subnets are being highlighted as important players.

Several Bittensor projects and subnets now appear across different boxes on the map, in areas like data, compute, and coordination. This means Messari sees real products and real activity inside the Bittensor ecosystem, not just a base chain with a token.​​

• Sire is a sports subnet where AI models compete to predict scores and betting outcomes on‑chain.
• BitMind is a bittensor subnet that specializes in spotting AI‑generated or manipulated images so users can tell real from fake.
• Templar is a decentralized training subnet where miners train models and compete to produce high‑quality weights.
• Macrocosmos is a science-focused subnet using decentralized AI for protein‑folding and biological research.
• Open Gradient is a Bittensor subnet that builds AI tools for quantitative and on‑chain financial analysis.
• Bittensor (Root) is subnet 0, the main chain that controls emissions, staking rules, validator rankings, and reward flows.
• SynthData generates synthetic market and price data for traders, bots, and financial AI systems.
• Chutes is an inference subnet that gives fast, serverless compute for running large language models.
• Gradient makes it easy to run and scale LLMs on Bittensor’s decentralized GPU power.
• Targon is a multimodal subnet that helps models understand text, images, audio, and other media together.
• Lium is a compute subnet that connects GPU providers with users who need distributed AI compute.
• Ridges (though not on the map) is a subnet built to handle large-scale retrieval tasks, helping applications fetch accurate information from massive datasets.

At the same time, Mark Jeffrey made a tweet that pointed out how some strong subnets are still missing from Messari’s map and write‑up. He wrote: “… And it’s missing a bunch (like Hippius in the storage category).”

By showing what’s still left out, he’s basically saying: the Bittensor ecosystem is growing so fast that no one can keep the full list up to date. The map is already behind, and that’s the most exciting part.

Why This Report Matters So Much for Bittensor

When Messari releases a report like this, it sends important signals to everyone in crypto and AI.

1. It’s Professional Validation

Messari is trusted and respected. When they say “decentralized AI is important” and mention Bittensor specifically, it tells serious investors: “This is real, not just hype.”

This kind of validation is worth millions in marketing because it comes from an independent, trusted source.

2. Bittensor Gets Direct Recognition

The report specifically talks about:

• Bittensor as a leader in decentralized AI
• How Bittensor subnets perform better than some traditional services
• Chutes (Subnet 64) as a success story—85% cheaper than Amazon
• How top AI talent is choosing networks like Bittensor over big company jobs

3. The Market Is Massive

The report shows the opportunity is enormous:

• 2.8 trillion in spending by 2029
• 400 billion dollar deals happening right now
• Fastest technology adoption in history

If Bittensor captures even 1-2% of this market, that’s tens of billions of dollars in value.

4. The Timing Is Perfect

This report comes out right as:

• Bittensor’s first halving approaches on December 12, 2025
• Subnets are proving they work in real applications
• Big investors are looking for ways to invest in decentralized AI

5. It Confirms What Bittensor Has Been Saying

Everything in the report aligns with what Bittensor has been building:

• AI needs cryptocurrency to coordinate globally
• Decentralized AI solves real problems
• The market opportunity is huge
• Competition drives better results than monopolies

Conclusion

Messari’s State of AI 2025 report validates everything the decentralized AI movement (and Bittensor specifically) has been working on.

The report makes it clear:

• AI is the biggest technology trend right now with trillions in spending
• Current centralized AI has real problems
• Decentralized AI isn’t just nice to have. It’s necessary
• Bittensor is leading with real performance
• And we’re still early, so there’s a lot of room for growth

When one of crypto’s most respected research companies dedicates a free report chapter to validating your ecosystem, it’s a big deal. It tells investors, developers, and everyone else: “This isn’t hype. It’s a real shift in how AI gets built and used.”

For anyone in Bittensor or interested in decentralized AI, this report is must-read material. It provides the data and framework for understanding why this space matters and where it’s going.

The best part? It’s completely free. Messari wants everyone to understand this, which shows how important they think it is.

Read Grayscale’s full report at: https://messari.io/report/state-of-ai

Follow @MessariCrypto for more updates.