After almost ten years in Crypto, I saw hundreds of projects promising to revolutionize everything, from the bank to art. However, these revolutions have not been widely materialized.
The problem is not technology. It is that we have built solutions looking for problems, rather than focusing on resolution of real challenges and real value.
Most projects first create tokens, utility later. This speculation cycle has consumed industry, measuring success through the price of tokens, and not the creation of real value. We miss the crucial ingredient: a mechanism that rewards the construction of useful things rather than building unnecessary things too publicized.
What happens if there was a protocol that overthrew this model and that the projects had to create value first, then be rewarded? It’s Bittensor.
Bittensor: rewards performance on Mindshare
In some respects, Bittensor is like the YA of AI. While Y Combinator offers money and mentoring in exchange for equity, Bittensor gives manufacturers incentives thanks to chip emissions, measures performance thanks to the dynamics of the free market and rewards winners without human guards.
Consider it as an economic game where independent teams compete to build precious AI services. Every 12 seconds, the network distributes rewards based solely on utility. No marketing budgets. No initiates. No traditional fundraising. No kols. Just performances.
The Tokenomics are elegant but powerful. Like Bitcoin, Bittensor’s native Tao has a fixed supply ceiling of 21 million, with 7,200 tokens distributed daily and supplies half by half every four years. This creates a real rarity in the form of awards which must be won by performance rather than speculation.
Here is where it becomes even more interesting: each subnet has its own “alpha” token that participants in the subnet win. TAO holders can present themselves to subnets in which they believe, receiving in return the alpha tokens from this subnet. The more efficient subnets attract more Tao Papie and obtain a larger share of daily programs. This market -oriented financing mechanism means that manufacturers are only paid if their service actually works and that successful projects automatically obtain more resources, while rewarding those who have marked.
These performance -based awards mean that anyone can build, but the market decides on the winner. And, since its open source software, if a project does not deliver, others create a better version.
This makes Bittensor a transparent competition where all measures are public. He was called “capitalist Darwinism”. In other words, create value or be out of account.
Why Bittensor changes everything
Big Tech’s grip on AI is only strengthening. Bittensor represents our best chances of fighting control and anchoring innovation in an open, transparent and democratic environment where value returns to the most efficient innovations, rather than closed systems that benefit from disproportionate network effects.
For the public, Bittensor represents the original promise of crypto: coordinate human effort towards precious results without intermediaries, committees or gates. The value is created first by competition, then the tokens reward the creators; The opposite of hoping that speculation leads to value.
For manufacturers, this means skipping venture capital land, preserving equity and rewarding immediately to build useful things. The largest infrastructure is under construction by the spending teams “$ 0 for marketing, $ 0 on exchange lists” with a pure accent on value creation. Community governance ensures that manufacturers are not locked by decision -making.
For users, this creates access to quality competition services rather than winners of the marketing budget. Users benefit from the increase by supporting the best projects, while community governance creates solid obligations between creators and consumers.
For investors, Bittensor offers an exposure to AI without having to choose individual winners. The appearance mechanics leads to an accumulation of value in the network rather than siphon it. Investors are increasing by supporting the most efficient projects while community governance gives them a voice rather than forcing them to follow the agenda of a CEO.
Timing could not be better. With more than $ 55 billion in financing in the AI sector to T1 2025, $ 1.39 billion in funding ranging to AI agents in the last quarter, valid cryptographic financing what Bittensor has already built. While others are still in fundraising, the world class AI teams are already building a server -free calculation (SN64) and decentralized training (SN3), as well as climate prediction markets (SN18) and algorithmic trading systems (my project, SN8).
Bittensor is a new paradigm for AI innovation, because it is land that allows best innovations to win without artificial barriers, inclined economy or outgoing advantages. And, while massively funded companies continue to dominate AI, it is imperative that we feed independent and open ecosystems that reward innovation and grain, clean and clear.
