Bittensor的权力下放AI模型可能是加密货币中最好的保密秘密 - 一位风险投资家认为，它可以从今天的价格中获得135倍

在德克萨斯州奥斯汀的最近一次峰会上，风险投资家和Contango Digital Assets创始人Mike Grantis发出了引人注目的电话：他相信Tao的价格

Venture capitalist Mike Grantis believes that Bittensor, a decentralized artificial intelligence network, may be the best-kept secret in crypto. And in a recent interview at the inaugural Bittensor Endgame Summit in Austin, Texas, Grantis said he believes the price of TAO, Bittensor’s native token, could surge to $62,500 by the end of 2030.

风险资本家迈克·格兰蒂斯（Mike Grantis）认为，分散的人工智能网络比廷森（Bittensor）可能是加密货币中最佳保存的秘密。在德克萨斯州奥斯汀举行的首届Bittensor最终比赛峰会上最近的一次采访中，格兰蒂斯说，他认为Bittensor的原住民代币Tao的价格可能会在2030年底上涨至62,500美元。

That’s a 13,500% increase from where TAO trades today—roughly $474 as of this writing, according to Coinmarketcap.

根据CoinMarketCap的数据，这比Tao交易的地方增长了13,500％，截至撰写本文时，这一数量就大约为474美元。

Grantis, founder of Contango Digital Assets, is investing in projects building in the Bittensor ecosystem through the Contango Blockchain x AI Fund. Grantis’s firm is focused on blockchain startup incubation, and it’s part of a broader venture capital interest in Web3 startups.

Contango Digital Assets的创始人Grantis正在通过Contango区块链X AI基金投资Bittensor生态系统中的项目。格兰蒂斯（Grantis）的公司专注于区块链启动孵化，这是Web3初创公司更广泛的风险投资权益的一部分。

At the three-day gathering of Bittensor developers, researchers and investors, Grantis said he believes the protocol’s unique structure—which is designed to reward contributions broadly and deter free riders—could lead to a powerful economic flywheel.

在Bittensor开发人员，研究人员和投资者的为期三天的聚会上，Grantis说，他认为该协议的独特结构（旨在广泛地奖励捐款和阻止自由车手），这应该会导致强大的经济飞轮。

“Technology grows exponentially,” said Grantis. “And each iteration of technology moves faster than the previous. If Bitcoin could reach a trillion-dollar market cap in 12 years just as a store of value, then a network like Bittensor—with real utility, developer adoption, and hundreds of functional AI subnets—has the potential to outpace even that.”

“技术呈指数增长，”格兰蒂斯说。 “技术的每一次迭代都比以前的动作更快。如果比特币可以在12年内到达价值存储，然后像Bittensor这样的网络（以及真正的实用程序，开发人员采用，以及数百个功能性AI子网），即使超过这一潜力。”

Grantis showed a slide of assets that each reached a $1 trillion market valuation—and how long it took—as part of his summit presentation. He predicts that once Bittensor reaches that valuation mark it will be well on its way to achieving his per token price estimate as well.

格兰蒂斯（Grantis）展示了一笔资产的幻灯片，每个资产都达到了1万亿美元的市场估值以及花费了多长时间的资产。他预测，一旦Bittensor达到了估值标记，它也将在实现他的每个代币价格估算中的途径。

A Framework for Network Value: From Metcalfe’s Law to Combinations

网络价值的框架：从梅特卡夫定律到组合

To understand why Grantis believes Bittensor’s TAO token could one day be worth more than $62,000, it helps to grasp a few simple ideas from network theory—a way of thinking about how connections between people (or computers, or apps) add value over time.

为了了解为什么格兰蒂斯（Grantis）相信比特森诺（Bittensor）的陶恩（Tao Token）可能有一天的价值超过62,000美元，这有助于掌握网络理论中的一些简单想法，即一种思考人们（或计算机或应用程序）之间如何随着时间增加价值的方式。

Think about social media: if you have one user, there’s no one to talk to. Add a second person, and they can connect. Add a third, and suddenly, each person can now connect with two others. The more people you add, the more possible connections emerge.

考虑社交媒体：如果您有一个用户，则没有人可以与之交谈。添加第二人称，他们可以连接。添加三分之一，突然之间，每个人现在都可以与其他两个人联系。您添加的人越多，就会出现更多的联系。

This is where Metcalfe’s Law comes in. It says that the value of a network grows in proportion to the square of the number of users (or nodes). For example, if you double the number of users, the potential connections grow fourfold.

这就是梅特卡夫定律的出现。它说网络的价值与用户数量（或节点）的平方成比例增长。例如，如果将用户数量增加一倍，则潜在连接会增长四倍。

Think of your 13-year-old’s YouTube channel—when he starts with 10 subscribers, his reach is small. But if he hits 100, suddenly he has far more potential to gain likes, shares and engagement. That’s Metcalfe’s Law at work.

想想您13岁的YouTube频道 - 当他从10个订户开始时，他的范围很小。但是，如果他达到100次，突然之间，他有更多的潜力来获得喜欢，分享和订婚。那是梅特卡夫（Metcalfe）的法律。

But now picture Mr. Beast, the world-famous YouTube star. He doesn’t just connect with fans—he connects communities of fans, brand sponsors, collaborators and charities. That’s something even more powerful. It’s what Reed’s Law describes: not just how people connect one-to-one, but how they form groups, subgroups and communities.

但是现在想象着世界著名的YouTube明星Beast先生。他不仅与粉丝建立联系 - 他将粉丝，品牌赞助商，合作者和慈善机构的社区联系起来。那是更强大的事情。这是里德定律描述的：不仅是人们如何联系一对一，而且是他们如何形成群体，亚组和社区的方式。

Reed’s Law says that the value of a network grows exponentially—as fast as 2 to the power of the number of participants—because people form combinations and communities that spark new ideas and reach.

里德的定律说，网络的价值呈指数增长，即与参与者人数的力量2的快速增长，因为人们形成了引发新想法和覆盖范围的组合和社区。

A Decentralized AI Protocol and Its Token

分散的AI协议及其令牌

At its core, Bittensor is a blockchain-based protocol that rewards developers, researchers and entrepreneurs for building useful AI tools and services. Its unique structure decentralizes both AI training and inference by connecting independent networks (called subnets) through a shared token, TAO, which powers economic incentives and validation.

Bittensor是基于区块链的协议，它奖励开发人员，研究人员和企业家来构建有用的AI工具和服务。它的独特结构通过共享的代币，TAO连接独立网络（称为子网），从而分散了AI培训和推断，该网络（称为子网）为经济激励措施和验证提供动力。

“Bittensor isn’t just about AI,” Grantis noted. “What it is—at the deepest layer—is a mechanism for aligning incentives and creating marketplaces that drive the creation of digital commodities. Right now, most of those are AI-based, but it doesn’t have to be that way.”

格兰蒂斯指出：“比廷森尔不仅仅是AI。” “它是最深的一层 - 是使激励措施保持一致的机制，并创造了推动数字商品创造的市场。现在，其中大多数是基于AI的，但这并不一定是这样。”

Unlike traditional tech platforms that hoard proprietary models, energy and data, Bittensor encourages openness and collaboration by letting anyone contribute or compete to build better AI.

与ho积专有模型，能源和数据的传统技术平台不同，Bittensor通过让任何人贡献或竞争建立更好的AI来鼓励开放和协作。

That structure leads to what Grantis described as a powerful economic flywheel, “You don’t have to build a product, raise money and sell it to customers before you get paid. On Bittensor, you build something useful, and if the network agrees, you start earning emissions—real value—on day one.”

这种结构导致了格兰蒂斯所描述的强大的经济飞轮：“您不必在获得报酬之前建立产品，筹集资金并将其出售给客户。在Bittensor上，您可以建立一些有用的东西，如果网络同意，您就开始赚取排放量 - 真实的价值 - 在第一天。”

A Startup Incubator Is Building Subnets for Bittensor

启动孵化器正在为BITTENSOR构建子网

Grantis co-founded Contango after he launched and sold a crypto media company in the early 2020s. Contango started as a private syndicate investing

格兰蒂斯（Grantis）在2020年代初成立并出售了一家加密媒体公司后，与他人共同创立了Contango。 Contango最初是私人集团投资