dao5 Acquires Third Largest Validator on the Bittensor Network and Launches New Incubator Program [Yahoo! Finance]
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Source: Yahoo! Finance
Tekin Salimi, founder and managing partner of dao5, will spearhead tao5's incubation pipeline. LONDON, December 23, 2024 BUSINESS WIRE )--Today, crypto investment firm dao5 has announced the launch of ‘ tao5 ', a new incubator dedicated to supporting early-stage subnets on the Bittensor protocol. This initiative follows dao5's successful acquisition of OWL Ventures' network validator, which is currently the third largest validator by stake in the Bittensor ecosystem. Combining this validator with the new incubator program will enable tao5 to better contribute to the protocol's security and governance. Bittensor has seen remarkable growth over the past year, boasting over 60 active subnets with many more in development. This has captured the attention and imagination of the decentralized artificial intelligence community. Bittensor is currently the leading ecosystem for attracting the strongest talent in collaborative, open-source AI research. Tekin Salimi, founder of dao5, first
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