I always wondered why Bittensor wasn't exploding with user generated subnets and didn't have the time to dig into it. Now I know.. User created Subnets just went live on the 18th, which I think is a massive step and probably why the token pumped 25% this week. This is comparable to people being able to launch smart contracts on Ethereum, but in this case, they can launch their own AI applications which can communicate with other AI apps on the network. If users can start creating successful apps I think this is one of the very few projects that can overtake both ETH and BTC. What do you think?
Here's the statement from their website: "User-created subnets are set to launch on September 18th. This development will unlock creativity and innovation across the network by enabling developers to write their own incentive mechanisms. By incentivizing developers to create their own markets, Bittensor is positioning itself to become a one-stop-shop for those seeking all the necessary requirements for building unstoppable applications.
As an open-source developer, you now have the ability to write your own incentive mechanisms. By tapping into Bittensor’s network of intelligence, you can incentivize AI models from all over the world to perform tasks of your choosing (i.e., image generation, storage, compute access, etc.) — the possibilities are truly endless. The release of subnets offers the potential to pull these tools into a shared network, making all the ingredients necessary to create intelligence available within one network, governed by one token."
Source: https://tao.news/community-articles/september-network-update Show Less