From Yuma, with love (and Oro)
from the editor
For those attending DCG Summit: welcome back.
Every now and then, one event acts as a watershed moment in an ecosystem’s history - Ethereum’s ÐΞVCON1 in 2015, the AI Research Priorities Conference in Puerto Rico that same year both spring to mind. Judging from the reactions alone, it sounds like this might just be one of them.
And for those that didn’t attend: DCG’s summit isn’t the only sign of growth. Conviction’s rapid rollout, Oro’s explosive launch on SN15, and new products from SN24, SN46, and SN85 all point towards higher tempo and greater maturity across the board.

Chris Zacharia, Editor
With Const set to speak at Imperial, Oxford, and Cambridge, plus Proof of Talk coming up in little over a month, one watershed could fast become a cascade.
@macrozack
Highlights
This week in TAO
What a launch this was. Oro, founded by Shardul Bansal, formerly of Crucible Labs and creator of the Crucible Wallet, burst out of stealth mode on Monday with a slick video which also managed to be persuasive, clear, and personable. It quickly closed in on 1m views, drawing near-universal ‘Now this is how you do subnet marketing!’ posts. The team didn’t stop there: on Tuesday they published an article introducing their solution to authentication on Bittensor, followed by Wednesday’s announcement that Oro agents were live on Chutes. Backed by Crucible, Unsupervised, and a clear value proposition, it’s another indicator that agentic subnets are on the up. And, during his talk at Imperial College London, Const featured Oro in his presentation, explaining that it represented the resurrection of Bittensor’s initial attempt to measure intelligence through intelligence - only now, the quality of LLMs is finally at the required standard to do so.
You just knew that, for DCG Summit week, Yuma would have something special up their sleeve. BitGo is trusted by big capital. It's now added subnet token staking and trading to its platform. The ‘we can't commit without custody' excuse that keeps institutions on the sidelines is weakening. It’ll be interesting to watch how many of those conversations change over the next quarter - and the extent to which subnets attract institutional investors.
Three months ago, Bitstarter launched SILX AI’s Quasar on SN24: two teenagers committed to context window extension on Bittensor. This week, they’ve shipped Quasar-3B - a hybrid continuous-time transformer designed for long-context intelligence, with a roadmap that targets 5 million token context windows through collaborative distillation with SN24 miners. To put that in perspective, most frontier models top out at 128K. Catch co-founder Eyad talking through Quasar’s growth on this week’s Ventura Labs.
Seby is one of those hardcore subnet owners who is constantly cooking. During his appearance on This Week in Start-Ups, Seby announced the launch of RESI’s retail pricing portal. It was followed by Mark Jeffrey confirming Stillcore’s investment in SN46 on Monday, and healthy usage metrics for the portal on Friday: 1,000+ property appraisals in its first week, with 120 users already onboarded. Keep cooking, Seby.
Refactoring a subnet is always hard, but doing so while running another subnet is that much harder. Respect to Bob Wold for redesigning SN63, and for relaunching with a new competition featuring an enterprise partnership with BlueQubit. I can’t pretend that I know what ‘Hardening Quantum Proof’ is, but I’m sure Bob’s putting the miners through their paces. You can read an introduction to Enigma here.
In the media

‘Alright, we want you on the show - when are you free?’ After a half-hour of rapid-fire screening questions, Alex’s invitation came as a relief. TWiST have now featured a dozen teams, but they were all subnets - making bitstarter.ai the first protocol-infra to appear on the show. Together with founding engineer, Macrocosmos cult hero and all-round chad Brian McCrindle, we announced a dedicated programme for Machine Learning teams, backed by Const and designed to launch Bittensor’s next generation of SOTA-subnets. More to follow…
Tweet of the Week
When a Bitcoin OG with 1.9 million followers says Bittensor is giving them the same early Bitcoin vibe - and starts working through all 128 subnets - it's worth an RT. Lucky has been in crypto since 2015, and has presumably seen enough cycles to tell shills from substance. The comparison to early Bitcoin is hardly new, but it is welcome. Anyone want to get Lucky on a podcast…?
DSV’s Mark Creaser and Siam Kidd stand out among investors for launching new teams again and again and again. This time, they’ve gone straight to Revenue Search with Green Compute, founded by fellow Brit and builder Josh Riddett. As ever with Mark and Siam, it’s a cracking conversation, especially because of Josh. SN110’s new founder is the kind of guy who retrofits barns with GPUs so that farmers can use excess power for inference. How do DSV find these guys? RIP, Rich Kids of TAO.
Deep Dive

Validators are the least glamorous part of the Bittensor stack. No one's posting about their validator the way they post about their subnet. And yet, remove them, and the whole incentive layer that makes Bittensor function collapses. It’s tough to try yourself. The capital requirements are real, the technical lift is real, and the ongoing operational discipline is real. But this article does make the case, clearly and without hype, for why a well-run validator position is one of the most structurally interesting places to be in a network that's still this early.
Builder of the Week
Blockmachine is live on Bittensor
Possibly Bittensor’s first subnet to go live with a real product, paying customers, and revenue-generating operations from day one. A decentralized RPC marketplace with competing miners driving down prices, Merkle-proof verification, USDC on-chain payments, and immediate usability as a drop-in replacement for centralized providers. Mog is very happy.
look out for…
Jacob Steeves at Imperial, Oxford, and Cambridge - if you're in Britain, sign up.
Early bird tickets to Exploit Summit are on sale at $399, but next month the price jumps to $499. Get them while you can.
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