Bittensor is pioneering a programmable mining model that incentivizes AI development.
The platform distributes $100 million annually as subsidies, similar to Bitcoin’s mining rewards.
Ridge’s subnet 62 product is a competitive vibe coding platform, outperforming many in the market.
Ridge’s product is significantly more affordable than its competitors, offering a strong market advantage.
Bittensor enables global talent competition, allowing significant earnings through subnet tokens.
Crypto provides unique opportunities to earn and own parts of the AI revolution.
Acquiring subnet tokens requires staking TAO tokens and using a compatible wallet.
The DAO facilitates access to subnets, requiring exchanges to follow a specific listing process.
Subnet tokens must undergo the same legal scrutiny as the DAO before being listed on exchanges.
Investing in subnets requires a thorough evaluation akin to assessing startups.
The Crucible wallet is recommended for engaging with the Bittensor ecosystem.
The regulatory landscape significantly affects the trading of subnet tokens.
Subnets are evaluated based on market competitiveness and team capabilities.
Marketing is as crucial as product quality in the success of blockchain projects.
Guest intro
Ala Shaabana serves as Chief Operating Officer at Bittensor and Co-founder of the Opentensor Foundation, overseeing the open-source protocol that powers a blockchain-based machine learning network. He previously worked as a Senior Software Engineer at Instacart, where he developed skills in large-scale AI systems before co-founding Bittensor in 2019. His contributions include pioneering the Proof of Intelligence consensus mechanism to incentivize decentralized AI development via the $TAO token.
Bittensor’s innovative mining model
Bittensor is creating a new programmable mining model that incentivizes AI product development.
It’s basically taking bitcoin’s mining side and making that programmable on a new chain
— Ala Shaabana
The model encourages 128 subnets, similar to companies, to build new AI products.
Bittensor subsidizes AI growth through a financial model akin to Bitcoin’s mining rewards.
There’s a $100,000,000 a year that are handed out basically as a subsidy
— Ala Shaabana
Understanding Bittensor’s mechanics is crucial for grasping its innovation in the crypto space.
The platform merges AI and blockchain technology, highlighting a significant advancement.
Bittensor’s economic model has implications for AI development and crypto integration.
Ridge’s subnet 62: A competitive edge
Ridge’s subnet 62 product is a vibe coding platform scoring high on benchmark tests.
It’s scoring 73 to 88% on the swe benchmark test
— Ala Shaabana
The product competes with Claude and Cursor, offering a competitive alternative.
Ridge’s product is priced at $29 a month, significantly cheaper than competitors.
It’s five to seven times cheaper than Claude code and Codex at a comparable benchmark
— Ala Shaabana
Understanding the benchmark tests is essential for assessing the product’s market position.
Ridge’s pricing strategy provides a critical market advantage over its competitors.
The product’s performance and affordability make it a strong contender in the vibe coding space.
Global talent competition and earning potential
Bittensor allows global competition for talent, enabling significant earnings through subnet tokens.
Anyone anywhere in the world can compete
— Ala Shaabana
Miners improving the subnet 62 product earn approximately $50,000 in subnet tokens per day.
Crypto enables individuals to earn and own parts of the AI revolution in unique ways.
That’s one thing that’s great about crypto
— Ala Shaabana
Understanding Bittensor’s subnet token system is crucial for recognizing its value proposition.
The platform democratizes access to opportunities in the AI sector.
Bittensor’s global accessibility highlights its unique earning potential for users.
Acquiring and trading subnet tokens
To acquire subnet tokens, one must stake TAO tokens and use a compatible wallet.
You have to stake the TAO to get the subnet tokens
— Ala Shaabana
The Crucible wallet is recommended for engaging with the Bittensor ecosystem.
The DAO acts as a medium for accessing subnets, requiring exchanges to follow a specific process.
TAO itself DAO is acting as a medium towards access to all of these subnets
— Ala Shaabana
Subnet tokens must undergo the same legal scrutiny as the DAO before being listed.
Each submit has to go through effectively the same scrutiny
— Ala Shaabana
Understanding the DAO’s role is essential for navigating the subnet token trading process.
Evaluating subnet investments
Investing in subnets requires a thorough evaluation similar to assessing startups.
We look at these subnets like you would look at startups
— Ala Shaabana
Evaluations consider the total addressable market and product competitiveness.
The team’s capabilities and marketing effectiveness are crucial assessment factors.
It’s not enough to make the best product; you have to market it the best also
— Ala Shaabana
Understanding the dynamics of subnet investments is vital for blockchain investors.
The strategic framework for evaluating blockchain projects is crucial for investment decisions.
Marketing plays a significant role in the success of blockchain projects, alongside product quality.
**Disclosure:** This article was edited by Editorial Team. For more information on how we create and review content, see our Editorial Policy.
アラ・シャーバナ:Bittensorのプログラム可能なマイニングモデルはAI開発を促進し、Ridgeのサブネット62は競争力のある価格設定を提供し、グローバルな才能はサブネットトークンで収益を得ることができます | TWIST
Key Takeaways
Guest intro
Ala Shaabana serves as Chief Operating Officer at Bittensor and Co-founder of the Opentensor Foundation, overseeing the open-source protocol that powers a blockchain-based machine learning network. He previously worked as a Senior Software Engineer at Instacart, where he developed skills in large-scale AI systems before co-founding Bittensor in 2019. His contributions include pioneering the Proof of Intelligence consensus mechanism to incentivize decentralized AI development via the $TAO token.
Bittensor’s innovative mining model
Bittensor is creating a new programmable mining model that incentivizes AI product development.
— Ala Shaabana
The model encourages 128 subnets, similar to companies, to build new AI products.
Bittensor subsidizes AI growth through a financial model akin to Bitcoin’s mining rewards.
— Ala Shaabana
Understanding Bittensor’s mechanics is crucial for grasping its innovation in the crypto space.
The platform merges AI and blockchain technology, highlighting a significant advancement.
Bittensor’s economic model has implications for AI development and crypto integration.
Ridge’s subnet 62: A competitive edge
Ridge’s subnet 62 product is a vibe coding platform scoring high on benchmark tests.
— Ala Shaabana
The product competes with Claude and Cursor, offering a competitive alternative.
Ridge’s product is priced at $29 a month, significantly cheaper than competitors.
— Ala Shaabana
Understanding the benchmark tests is essential for assessing the product’s market position.
Ridge’s pricing strategy provides a critical market advantage over its competitors.
The product’s performance and affordability make it a strong contender in the vibe coding space.
Global talent competition and earning potential
Bittensor allows global competition for talent, enabling significant earnings through subnet tokens.
— Ala Shaabana
Miners improving the subnet 62 product earn approximately $50,000 in subnet tokens per day.
Crypto enables individuals to earn and own parts of the AI revolution in unique ways.
— Ala Shaabana
Understanding Bittensor’s subnet token system is crucial for recognizing its value proposition.
The platform democratizes access to opportunities in the AI sector.
Bittensor’s global accessibility highlights its unique earning potential for users.
Acquiring and trading subnet tokens
To acquire subnet tokens, one must stake TAO tokens and use a compatible wallet.
— Ala Shaabana
The Crucible wallet is recommended for engaging with the Bittensor ecosystem.
The DAO acts as a medium for accessing subnets, requiring exchanges to follow a specific process.
— Ala Shaabana
Subnet tokens must undergo the same legal scrutiny as the DAO before being listed.
— Ala Shaabana
Understanding the DAO’s role is essential for navigating the subnet token trading process.
Evaluating subnet investments
Investing in subnets requires a thorough evaluation similar to assessing startups.
— Ala Shaabana
Evaluations consider the total addressable market and product competitiveness.
The team’s capabilities and marketing effectiveness are crucial assessment factors.
— Ala Shaabana
Understanding the dynamics of subnet investments is vital for blockchain investors.
The strategic framework for evaluating blockchain projects is crucial for investment decisions.
Marketing plays a significant role in the success of blockchain projects, alongside product quality.