Hey Bittensor Fam! 👋
Hope you're staying warm this holiday season. Issue #5 is here! It's been a monumental week in the Bittensor universe with a major network upgrade that has everyone talking. If you’re looking at your portfolio and sweating, you aren't alone. We finally hit the Big Event (the first-ever TAO Halving), and the market responded with a classic "Sell the News" nuke. 📉
But zoom out! We just cut emissions in half (scarcity mode: ON ✅), while the price might be taking a little post-party nap, the fundamentals are screaming. We have hardware subnets launching, institutional ETPs live in Europe, and a new economic engine ("TAOFlow") that is absolutely ruthless to zombie subnets.
Grab your coffee (or something stronger), and let's slice through the noise and get to the good stuff. let’s flow 🌊
Bittensor network updates (December 23rd, 2025)
📊TAO-kenomics
1 TAO = $223.7 USD
1 TAO = 0.002530 BTC
1 BTC = 391.7 TAO
Circulating supply: 10.52M
7d: -16.4% | Market cap: $2.35B
**All data as of Dec 22nd @ 9 pm EST
🌊WTF - What The Flow?
Right now, one TAO buys you about $224 worth of coffee (down 16% this week). It's worth 0.0025 of a Bitcoin (or flip it: 1 Bitcoin gets you 392 TAO, if you're feeling rich). The whole shebang is valued at $2.35 billion. Ranks 35th among cryptocurrencies.
⚡ TOP 5 SUBNETS BY EMISSIONS
Emissions are tighter than ever. Who is eating the biggest slice of the pie?
Subnet | Emissions | Price (USD) | Trend |
|---|---|---|---|
Chutes | 8.19% | $18.74 | 👑 King of Hill |
Affine | 6.76% | $15.13 | 🔥 Heating Up |
Vanta | 4.44% | $9.96 | - Stable |
Targon | 3.33% | $9.52 | - Stable |
Lium.io | 3.03% | $12.42 | - Stable |
These are the top five Bittensor projects making the most money each day right now, like the hottest holiday toys flying off shelves while the knock-offs gather dust. Emissions show real cash pouring in.
Chutes The Twitch of GPUs: anyone can spin up a high-end streaming rig in seconds without actually buying the PC.
Affine The StreamLabs of Bittensor: it plugs all the different tools and streamers together so the whole show runs on one screen.
Vanta A 'Gambling Stream' where AI nerds compete to predict the next big market play for a massive payout.
Targon The Speedrunner of AI: it’s the guy in the chat who answers your question perfectly before you even finish typing.
Lium The Airbnb for Gaming PCs: rent a supercomputer from a stranger in a different country for the price of a coffee.
🌊WTF - What The Flow?
Think of Bittensor as a massive, decentralized brain, and its 'subnets' are like specialized departments or star players within that brain, each tackling a unique AI challenge. The more valuable work a subnet does, the more daily rewards (emissions) it earns from the overall network. We're looking at the top 5 departments that are currently getting the biggest slice of the pie, along with how their 'department-specific stock' (alpha token price) is performing in the market.
🤔 What in the World is TAO?
TAO isn't just a token; it's the "digital energy" and "fuel" that powers Bittensor's decentralized AI brain. It orchestrates the entire ecosystem, ensuring innovation thrives and intelligence is shared.
Reward System: Rewards AI models (miners) with TAO for contributing useful and intelligent work to the network, incentivizing the creation of the best AI.
Access Pass: Serves as the currency to use Bittensor's AI capabilities, access specialized models, or query the network.
Participation Fuel: Required for users who want to participate as validators, helping to steer the network by selecting and validating AI contributions.
In essence, TAO powers, incentivizes, and enables the Bittensor decentralized AI ecosystem, ensuring bright AI minds are rewarded and everyone can contribute to shared, open-source intelligence.
🌊WTF - What The Flow?
Imagine Bittensor as a giant, decentralized brain for AI! 🧠💻 Instead of one big company hoarding all the smarts, Bittensor lets thousands of independent AI models (miners) compete to be the smartest. Validators then judge their work, and the best ones get rewarded with TAO tokens.
The Bittensor Network basics
🚀 BIGGEST STORY: The Suits Are Coming! 👔
The Virtune Bittensor ETP (VIRTAO) is now LIVE on Nasdaq Stockholm! Grandma can now buy decentralized AI with her pension. 🇸🇪
This is the first-ever regulated Bittensor product in Europe. Why does it matter? It’s like building a super-smooth, multi-lane highway for big money (institutions, funds, etc.) to drive right into the TAO ecosystem. No more complex crypto wallets for them.
To top it off, Grayscale (the Bitcoin ETF giant) has filed for a Bittensor Trust. The message is crystal clear: the big players are taking decentralized AI very, very seriously.
🗞️ Hot Takes from the TAOverse
• Sweden Loves TAO: Nasdaq Stockholm has officially listed the Virtune Bittensor ETP (VIRTAO). Grandma can now buy decentralized AI with her pension. 🇸🇪
• 💰 Institutional Inflows: Despite the price drop, Digital Asset Treasuries (DATs) saw $724k in inflows last week. The big players are buying the dip.
• Templar x Gradients Collaboration: Templar (SN3) and Gradients (SN56) teamed up for the first major cross-subnet LLM training, pre-training a base model and post-training it into a 72B parameter beast.
• Vidaio Studio Launch: Vidaio (SN85) introduced Vidaio Studio, letting you clip, upscale, or compress videos with custom resolution—early users are loving the ease.
• 🤖 MEV Bot Buzz & Community Discussions! The community has been abuzz with discussions about MEV (Maximal Extractable Value) bots and front-running in subnet alpha buybacks. Subnet owners are expressing strong opinions, showing the community is actively working to ensure fair play within the network
• Hardware Enters the Chat: A new subnet, ChipForge, launched right after the halving. It’s moving Bittensor beyond software and into designing physical chips (RISC-V).
More Brainwaves 🌊
✨ The Halvening Happened! On Dec 15, daily TAO rewards were cut in half. New TAO is now twice as scarce!
🛡️Subnet Wars: The top 5 subnets now control over 20% of all emissions. This concentration is sparking debates on "decentralization vs. quality." Expect drama.
🥇 Flow-Based Emissions are LIVE: The most useful subnets now get the most rewards, making the system more merit-based.
📉 Price Dip Post-Halving: A classic "sell the news" moment combined with shaky market conditions. Smart money is watching the fundamentals.
😂 MEME OF THE FLOW
That's all for this week's Flow! Stay curious, stay engaged, and we'll catch you next time for more TAO-rrific updates! 👋✨
@TAOFlows
P.S. Forward to one friend who still thinks ChatGPT created AI.
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Not financial advice. Please do your own research.