Old_Samster

ok i’m re-energized again.

Spent the day catching up with a few subnet teams we’ve backed and it flipped my whole perspective

Every founder i talked to was laser-focused on generating revenue

Ironically, the same stuff everyone’s pointing to as negatives—miner sell pressure, root auto-selling, high TAO APY—is what’s forcing that behavior

There’s this extreme urgency to figure out how to get revenue to drive buy pressure back into their subnet, reduce inflation, and survive. If they can’t, they bleed out

i haven’t seen this kind of desperation-to-survive energy and focus on building real businesses anywhere else in crypto

We're hiring an Investment Analyst at Unsupervised Capital to focus on Bittensor

Looking for someone with:
-Deep understanding of crypto-AI
-Strong investment analysis skills
-Can write compelling theses & research
-Thinks long-term but moves fast
-Conviction

Link to JD below

New piece that covers why we believe subnet tokens on Bittensor are undervalued

We also cover how the 'sum of subnet tokens' metric is being misused and share some insight on other macro indicators

TLDR: stop using FDV - its not the right metric to value subnets