Jacob Steeves didn't mince words on X: subnet emissions aren't suspended. But as Covenant AI bolts, questions swirl about Bittensor's core reward mechanics holding up.
Imagine building the future of AI on a 'decentralized' network, only for a top player to call it a sham and bolt. Bittensor's TAO token is reeling—and it might not stop.
Bittensor promised decentralized AI glory, with TAO soaring on hype. Now, a star builder's dramatic exit exposes the founder's control freak moves—and the token's in freefall.
Your crypto wallet might be fatter if you bet on TAO last month. But here's the cynical truth: Bittensor's surge smells like distributed AI promise meeting manic market greed.