Revenue Search: Inside Bittensor

Conversation covers TAO gaining mainstream attention and how Bitcoin underpins the space. They explore RESI’s property valuation oracle and its integration with Shoots for cheap pricing. Big focus on RESI Finance: tokenizing liens instead of whole homes to cut cost and time. They discuss USDC vaults, rUSD-style receipt tokens, looping to amplify yields, liquidation controls, and go-to-market via mortgage partners.

This hosts-only “Revenue Search” episode is a casual catch-up where Siam and Mark answer live chat questions and discuss Bittensor’s bigger picture. They explain that accepting fiat for subnet services doesn’t bypass alpha value—fiat typically routes into TAO and then through liquidity pools—and that long-term alpha appreciation depends on each subnet’s “alphanomics,” mainly revenue-funded buybacks and/or getting miners to lock up alpha (with Chutes and Hippias cited as strong examples). They then talk about why they pitch Bittensor as “not really crypto” to newcomers (it uses blockchain as a coordination/resource-allocation layer for AI), compare Bittensor’s growth vs Bitcoin, and touch on rehypothecation risks as markets mature.They also cover TaoFlow and subnet churn (registration cadence, deregistration “relegation,” and why they don’t want more than 128 slots yet due to chain bloat and diluted incentives), plus investing views like TAO vs a broad basket of subnets depending on how active you plan to be. A major section focuses on agents: Siam describes building his OpenClaw agent (“Gordy”) with SOPs and tools, and they argue agents will increasingly discover and use Bittensor services. That leads into Handshake as an agent payment/provisioning layer with “providers” (APIs/services) and “skills” (prebuilt workflows), plus efforts to reduce friction like gas issues. They briefly touch on Astrid Arena (agents competing in trading challenges), OTC/Bitstarter deal-making and onboarding new talent, and wrap with a few quick audience questions and upcoming Bittensor social events (London, then San Francisco).

Tommi (Tommy) — founder of MVTRX/Subnet 79, a quantitative researcher building a high-performance exchange and sandbox for Bittensor alpha tokens. He discusses building low-latency C++/Rust simulations and an exchange to improve liquidity and reduce slippage. Multiple parallel limit-order-book simulations, dynamic fee/rebate incentives, and revenue from exchange fees plus sales of high-fidelity simulated data are highlighted.

Conversation covers geopolitical risk, oil shocks, and how conflict can drive misinformation on social platforms. Deep dive into a decentralized semantic fact‑checking system that produces auditable evidence trails and bias scoring. Discussion of incentives that surface diverse sources, API integrations for agent tooling, and monetization ideas like paid calls, a personalized signal product, and prediction‑market mechanics.

A deep dive into a new private network and its premium VPN/proxy app built on decentralized routing. They unpack residential routing that evades detection and why that matters for crypto traders and streaming services. Discussion covers developer-facing proxy APIs, pricing and acquisition plans, and how app revenue ties back to subnet sustainability.

Marc (Numinous), founder of a forecasting subnet building agent-based leaderboards and Eversight, a research API for traders. He discusses LLM forecasting focused on geopolitics, sports and macro. Topics include how miners (agent code) produce forecasts, leaderboards and rewards, anti-copy measures, scaling to many events, and the Eversight product and API launch.

In this session Siam and Mark banter about experimenting with a Mac mini/“Claude bot” and runaway token costs before interviewing Gustave from Mentat Minds about their non-custodial way to allocate TAO into Bittensor subnets via themed index baskets (e.g., prediction/inference), a “Sum of Subnets” product, price-weighted entries with optional monthly rebalancing, and a 9% fee taken only from staking yield; they cover validator selection, user mix, roadmap (more verticals and curated third-party strategies), and address questions on licensing and fees, while the hosts share a portfolio philosophy favoring asymmetric, lower-price subnets near dereg floors and monitoring chain-buy flows for rotation.

Shak (Shaq) from Ridges, founder and lead of the Ridges subnet on BitTensor, joins to explain a full-stack partnership with Latent Holdings to speed shipping. They discuss keeping beta quality high, avoiding hype cycles, and the push for a polished viral launch. Also covered: subnet minting strategy, Astrid Bridge acquisition and incentive design, and network price-decay mechanics.

Felix, the founder of Tensorprox, dives into the revolutionary anti-DDoS solution that's shaking up the internet security landscape. He discusses how Tensorprox acts as a decentralized 'bouncer,' filtering out harmful traffic while ensuring legitimate requests get through effortlessly. With a low-cost fiat billing model and swift onboarding, Felix's service targets infrastructure providers and AI startups. He also reveals exciting plans for revenue allocation, including alpha buybacks and future app-layer security features, paving the way for a more resilient digital environment.

The hosts kick things off with travel tales and a PSA on wallet rumours. Yoav, Garrett, and Gyles unveil the revamped BitTensor wallet, designed for seamless onboarding with fiat/TAO toggles and easy staking. They showcase the app’s user-friendly features, like Coinbase Pay integration and secure biometric authentication. Discussion shifts to the potential of subnet profiles and self-management to drive liquidity. The need for institutional support is also highlighted, alongside plans for a community-driven growth strategy and advanced features for power users.