Ventura Labs Ep. 1 - Marcus Graichen
Marcus (
@mogmachine
) is the Founder of Taostats (
@taostats
) and Co-Founder of Corcel (
@Corcel_X
)
Timestamps:
0:00 - The Future of Bittensor
5:01 - Evolution of the Network
10:46 - Comparing Bittensor to the Past
12:43 - Association with
New Bittensor Subnet,
@BittexSN
, is live on Testnet
What is the Bittex Subnet?
The Bittex Subnet is an EVM-compatible decentralized exchange (DEX) designed to provide the best exchange rates for cryptocurrencies. It achieves this through a unique approach to liquidity
@markjeffrey
An even more compelling question is: what could $TAO possibly not surpass?
Bittensor is a groundbreaking framework that allows for the replication of any company and/or technology in a decentralized manner.
Given its ability to replicate the functionalities of $ETH, $BTC, and
Bittensor is a powerhouse of groundbreaking projects, each capable of massive valuations on their own. As a $TAO owner, you gain access to all of them. With 45 subnets and counting, the innovation is unstoppable.
Here are one-sentence summaries of every subnet:
1. Text
Newest Bittensor Subnet, SN43 GRAPHITE, focuses on solving the Traveling Salesman Problem (TSP).
The Traveling Salesman Problem (TSP) is a classic optimization problem in the field of computer science and operations research. The problem can be described as follows:
Given a
Congratulations to
@DCGco
portfolio company
@getmasafi
on the announcement of their
#Bittensor
subnet on testnet.
Lets highlight another
@DCGco
company
@FoundryServices
who has been operating the 3rd largest validator on the network and a top subnet. $TAO
New Bittensor Subnet 34, BitMind
@BitMindAI
The BitMind Subnet is a decentralized platform designed to detect AI-generated images using advanced AI models within the Bittensor network.
Edit
Overview
Purpose: To identify AI-generated media and maintain the integrity of digital
Shout out to
@fish_datura
for launching a beautiful & incredibly useful tool for all Bittensor participants.
offers unique features like emissions inflow/outflow data, detailed registration info, and comprehensive performance metrics $TAO
Understanding Bittensor Subnet 1
@MacrocosmosAI
Purpose: SN1 leverages large language models (LLMs) to drive human-like conversations.
Creating Human-like Interactions
Complex Prompts: Validators take straightforward queries and transform them into more complex nuanced
Newly Created Bittensor Subnet 44, Voice Guard
Introduction
Designed to tackle the growing threat of voice deepfakes and deliver unparalleled transcription accuracy. Voice Guard incentivizes the development of state-of-the-art AI models that excel in detecting audio deepfakes
Bittensor Subnet 39 EdgeMaxxing by
@WOMBO
The Subnet is designed to create efficient AI models that can run on everyday consumer hardware (e.g. smartphones & laptops), starting with the NVIDIA GeForce RTX 4090 GPU and the Stable Diffusion XL model.
Scoring Process
1.
New Bittensor Subnet 38, Distributed Training
The subnet uses a distributed approach to train Large Language Models on web-based datasets.
Training Process: Miners are responsible for training the collective model on specific portions of the dataset. The training process is
Bittensor Subnet 36
@HIPSubnet
Known as the HIP (Human Intelligence Primitive) Subnet, this Bittensor subnet is specifically designed to provide human intelligence services. By leveraging the unique capabilities of human cognition, the HIP Subnet can generate and handle three
So far the biggest advancement Bittensor has seen on the mining side has been SN8 (
@taoshiio
)
They were the first to have miners contribute intelligence unprompted by validators
This opened up an entirely new category of subnets to be possible $TAO
Bittensor Subnet 13, Data Universe
@MacrocosmosAI
Summary
The Data Universe subnet is designed to collect and store large amounts of data from various sources in a decentralized and scalable manner.
Conceptual Idea of Miner and Validator Roles
Miners: Miners are responsible
@Grayscale
Bittensor is more than just AI.
The article does a great job of highlighting the platform's current best features, but there's a misconception that Bittensor is limited to AI.
Its potential goes far beyond the realm of AI. Bittensor's framework can be applied to a vast array
@badenglishtea
Until $TAO is bigger than every token, you're still early.
Once Bittensor transcends the narrative of the 'AI' token, the real growth will begin.
Bittensor will produce the leader in every category and every sector, revolutionizing industries far beyond just AI.
New Bittensor Subnet: Identity by
@TatsuEcosystem
is Live on Testnet
What is the Identity Subnet?
The Identity Subnet is a decentralized identity verification system designed to prove that an account represents a real human. By calculating a human score based on various publicly
Bittensor Subnet 20: BitAgent by
@FrankRizz07
Revolutionizing Intelligent Task Automation with Large Language Models
Overview
BitAgent Subnet is designed to integrate large language models (LLMs) with a wide range of applications and platforms to deliver intelligent task
@DreadBong0
@Grayscale
@TheBlock__
Bittensor is undeniably the most effective solution for all the areas and problems they aim to address.
Allocating 100% of their capital to Bittensor would maximize its impact, even if it goes against conventional risk management practices in the industry
Bittensor Subnet 41,
@sportstensor
The Sportstensor subnet is designed to predict sports outcomes. Prediction Details:
1. Match Scores: Miners predict the scores for both the home and away teams.
2. Match Winner: Miners predict the winner of the match based on the predicted
SN39 EdgeMaxxing, Indirectly makes
@WOMBO
one of the leaders of the "energy crisis" associated with future AI demand
The EdgeMaxxing Subnet is designed to optimize AI models so they can run efficiently on consumer devices
SN39 = Reducing energy required to run AI
$TAO
Updated on
#Bittensor
Chain Functionality $TAO
Starting July 8, 2pm EST
Weights can be set again & you can use cold key swap function
Thursday, 2pm EST
Everything back to normal
Official Announcement:
Bittensor Subnet 9, Pretraining
@MacrocosmosAI
Subnet 9 is designed to produce pretrained foundation models. Miners take a predefined language model architecture and train it on various datasets to enhance its performance as a large language model.
Training Process
1. Data
@badenglishtea
This is a valid concern. Subnets that have been around for a while but have only marginally increased their emissions don't necessarily deserve priority over newer subnets.
A potential solution could be to implement a time decay boost. This would give each subnet a temporary
Bittensor Subnet 40, Chunking
@vectorchatai
Summary
The Chunking subnet optimizes large document processing by breaking them into smaller, meaningful chunks, facilitating efficient processing by large language models (LLMs).
Why "Chunking" is Valuable
Chunking reduces
@KeithSingery
The ability to monetize $TAO you hold is what separates Bittensor from everything else on the planet
Holding $TAO is like owning a keys that opens a portal to other worldly intelligence, literally.
Bittensor Subnet 6:
@Playinfgames
- Infinite Games: Forecasting of Future Events
Introduction
Infinite Games aims to achieve human-level forecasting using language models, incentivizing the use of Large Language Models (LLMs) for predictions. Participants (i.e. Miners) submit
Bittensor subnet 5, OpenKaito
@_kaitoai
What They Do
OpenKaito is a decentralized indexing layer that powers smart search and feeds across both the open and closed web.
Miner and Validator Roles
Miners Role:
Miners fulfill search requests issued by validators by providing a
@AntoinePlancho3
Bittensor's true value emerges when its applications extend to real-world scenarios.
The utility of $TAO lies in its ability to generate actionable intelligence for its users.
As dTAO becomes a reality, this principle will become even more evident. Users will naturally
What is Bittensor Subnet 2
@omron_ai
The purpose of Subnet 2 (SN2) within the Bittensor network is to verify that the intelligence (AI model outputs) originates from the claimed sources. Miners run models and provide proofs that the outputs they return are indeed generated by
There are two primary reasons to hold a subnet token in a dTAO environment:
Speculative value: You believe the token's value will appreciate over time.
Access to subnet resources: You require access to the miners within that specific subnet.
@fish_datura
Big kudos for the selfless move!
Ironically, your weight copying might have been better for the network, as it increased pressure to find a solution.
@solidintel_x
Listing $TAO first is very misleading, as the fund is over 97% invested in $NEAR, $FIL, $RNDR, and $LPT.
This is despite Bittensor being undeniably the most effective solution for all the areas and problems they aim to address.
Reply with any question about any subnet, and our experts will provide a detailed answer within 24 hours. This exclusive offer is valid as long as this message remains pinned. Take this opportunity to deepen your understanding or challenge our expertise!
$TAO
#Bittensor
Bittensor Subnet 7, SubVortex
@SubVortexTao
SubVortex is a framework for scoring miners that run subtensor nodes, incentivizing them based on availability, latency, reliability, and global distribution.
Summary of SubVortex Framework
Objective: To produces subtensor nodes that
@0xarrash
Bittensor will be the leader in:
Time series
Inference
Pre-training
Fine-tuning
Multimodal
Data augmentation
Transfer learning
Reinforcement learning
Natural language processing
Computer vision
Cybersecurity
Blockchain
Quantum computing
Cloud computing
Edge computing
Healthcare
@DavFields
@E_Z_Trades
dTAO is the only viable solution.
Allowing the free market to determine the emissions distributed means letting the free market value the intelligence produced.
Subnet 8, Proprietary Trading Network
Provides actionable trading signals in financial markets with minimal drawdown and stable performance over time
Twitter:
@taoshiio
@0xarrash
Dashboard:
@EyeofCyber
Bittensor is the best investment because it is poised to lead in every category and every sector.
It transcends every AI category; it creates AI. From inference to pre-training, fine-tuning, and multimodal capabilities, the network will be unparalleled.
Bittensor is an economic
@KeithSingery
Agreed. The inflection point in the mass adoption curve has already taken place. Network effects have already began to take over.
Hard to judge what the tipping point was, one could make the case your first podcast was the tipping point.
All FUD around the Bittensor hack is from people who were not effected.
Everyone that had wallets hacked, know it is just a minor set back for the ecosystem that will make Bittensor as a whole stronger and more resilient
$TAO
@ai_bond_connery
Once dTAO arrives, it will drive innovation and growth at unprecedented levels, rendering previous all-time highs a mere afterthought.
The current ATH for $TAO will seem insignificant compared to its vast potential.
a better question is wen $TAO > $BTC ?
@DreadBong0
@DCGco
@getmasafi
This is a good time to highlight A
@DCGco
owned company has been operating a subnet for many months already.
@FoundryServices
owns SN 28 "Foundry S&P 500 Oracle" it predictions on the price of the S&P 500
Side note: Foundry operates the 3rd largest validator on the network
Bittensor Subnet 42, Gen42 by
@FrankRizz07
The primary purpose of Gen42 is to provide decentralized code generation services powered by open-source large language models.
Types of Services
1. Code-Based Q&A: The subnet provides a chat frontend that allows users to interact
@JosephJacks_
You got this wrong. Bittensor is the most selfish Open AI possible.
Bittensor is built on the principle of aligning self-interest with collective benefit.
The ideal incentive mechanism ensures that what is best for the individual also serves the best interests of the
@Uncle_Luk
@AIatMeta
@GoogleAI
Bittensor suffers from a modified version of Veblen effect. This phenomenon occurs when the price of a good increases, leading to an increase in its perceived value and desirability.
Bittensor has a tangible Veblen effect because the higher the price of $TAO the greater the
@JosephJacks_
@mogmachine
@0xarrash
The only solution is to let free markets decide.
Emissions should be determined by the market cap of an individual subnet in proportion to the total market cap of all combined subnets in the Bittensor ecosystem. (i.e. dTAO)
Recent hack of
#bittensor
does not change the value proposition for $TAO
$BTC was hacked at sub $1
$ETH was hacked $18
It only proves one thing.
You are early.
Bittensor is on the forefront of the battle between Closed source and Open source
Open source starts off as the robin hood, stealing from closed source and giving it to the people
Until the majority of closed source become accessible through open source $TAO
@cryptocoinfi
Once dTAO is released and the free market is allowed to determine the emissions distributed, this is the perfect tool for subnet investors
Subnet 0, Root Network
There are no network miners in the root network. Instead, the subnets take their place. The 64 root network validators set the weights for subnets emissions.
Weight given to this subnet is recycled for future distribution through emissions.
@MariusCrypt0
Bittensor has limitless potential.
Bittensor is an innovative framework that can replicate any company or technology in a decentralized way.
Given its ability to replicate the functionalities of $ETH & $BTC in a more robust way, there seems to be no conceivable reason why $TAO
@cryptocoinfi
@opentensor
@const_reborn
Network effects work exponentially, progress happens gradually then suddenly.
One of the greatest shortcoming of the human mind is the inability to understand exponential growth.
@bittingthembits
Subnet 43 (SN43) has great real-world applicability and potential.
But the success of SN43 heavily depends on its ability to allow users to input their own data to be used and solved by miners.
@CryptoMaddie
I would correct this statement to add
"We are at the precipice of the greatest wealth transfer in human history, which is at the convergence of crypto x Incentive x AI"
Bittensors revolutionary force is held not within AI but within the incentive framework that it created
Everyone knows that Bittensor is a decentralized mining network designed to incentivize the provision of machine learning models in a censorship-resistant and efficient manner. However, few people are aware of the key components that make this possible.
Economic Market:
@Old_Samster
@dippy_ai
The most exciting part is this subnet could, theoretically, enable machines to develop their own personalities
Which would cause huge ethical concerns...
but... It would be possible.
@mogmachine
Thanks for your feedback on the diagram! We're actually working on a highlight post that focuses specifically on Vision (subnet 19) and 18, and how they come together to create the best app in all of Bittensor. The new Corcel is indeed impressive, and we'd love to dive deeper
@EyeofCyber
@Meta
Agreed.
A specific use case they could do right now is Content Moderation.
Miners will use machine learning models to analyze content and determine if it violates community guidelines.
@sudo_ron
@fish_datura
Once dTAO arrives, you'll be surprised at how emissions will be distributed. Emissions will closer follow a Pareto distribution, with a small number of subnets accounting for a disproportionately large proportion of the total.
There's a nonzero chance that you'll see multiple
@bittingthembits
Bittensor is the future because it embraced the past
It took the idealistic theories of economics frame work and made them reality
Bittensor created a way to enable the flow of money directly from the entity with the greatest utility for specific intelligence to the greatest
@pr_validator
@YahooFinance
Bittensor is not just another AI crypto
$TAO is what all of AI works for
Every popular AI model is deployed in some fashion within the Bittensor ecosystem to earn $TAO
Subnet 18, Cortex.t
Produces high-quality text and image responses to diverse user prompts using various advanced AI models and APIs
Twitter:
@Corcel_X
@mogmachine
@JayAtCorcel
App: