TAO<\/a>), a decentralized blockchain-based network built for a global, collaborative marketplace for artificial intelligence (AI).<\/p>\nSays the Digital Currency Group (DCG) CEO,<\/p>\n
\u201cI started looking across the whole decentralized AI space and started digging in on Bittensor, and I very quickly came to the conclusion that from a theme or era perspective, this was the next big era for crypto. You had the Bitcoin and the Ethereum and the NFTs (non-fungible tokens), and you had the layer 2s and DeFi (decentralized finance)\u2026<\/em><\/p>\n I think this is the next big investment theme for crypto, and there are a number of projects that have launched. We\u2019ve backed a number of them, but the one that over the past year or year and a half that has reached escape velocity is Bittensor, and so I decided last year, we\u2019re going to do with Bittensor \u2013 try to do with Bittensor what we did with Bitcoin. <\/em><\/p>\nWe\u2019re going to invest in it, we\u2019re going to build on it, we\u2019re going to help educate, create awareness, create access. We launched a new business in the fall of last year call Yuma, that I\u2019m putting my jersey back on, and I\u2019m the CEO of Yuma \u2013 I\u2019m still running DCG \u2013 but I\u2019m back in the game and I\u2019m now building this busines Yuma that\u2019s focusing exclusively on this thing Bittensor.\u201d<\/em><\/p>\nBittensor\u2019s ecosystem includes \u201csubnets,\u201d which are like independent segments dedicated to a certain AI task or service. Silbert says Yuma has focused on developing an \u201caccelerator\u201d to easily build new subnets on Bitensor.<\/p>\n
He also says one of his investment goals is finding the \u201cCoinbase,\u201d \u201cBitgo,\u201d or \u201cChainalysis\u201d of the Bittensor ecosystem.<\/p>\n