Member Info for Lokbarith

Https://youtu.be/jT7n1msbNns

UIDs at 203, I think most of the slots left are for validators, according to the FAQ the spots we pre-determined. Will extract data to excel and take a look later and see what numbers are at!

@Witty - I stand corrected! Thank you for sharing this.

So the split is pre determined and doesn't deviate, in a way that's encouraging, adds stability to the platform!

@Andywise as the owner Cel Ai can set the distribution of profits / generated Tao, but it's a good split I think. High incentives to bring in miners and good validators!

Will be really interesting to see how the subnet grows and changes over the next year. I know we all want that big share price pump but even if the subnet stayed as it was, they'd be profitable at year end. It's going to go up, and once the subnet gains enough traction it'll draw attention to here.

My first time seeing this strategy at play and it's really interesting stuff !

I think that Tao strategies is operating in the same space but not specifically as a validator on subnet 127. It is however acting as a validator in other spaces.

So I agree she have the knowledge to get validators and miners functioning in-house if part of the strategy, but also has knowledge on what type of action to take to garner growth on a subnet and at what stage.

for instance, Cel Ai subnet has no registration fee, so it doesn't cost anything for a miner to propose joining the net or for a validator to do the same. I imagine as it grows the cost will start to come up for joining as they look to obtain higher quality miners.

Actually I stand corrected on this - Go to the Holders chart, and have a little look at the third rank holder and who their validator is:

TAO Strategies

@thatslifebro

It's an encouraging prospect, but its hard to identify what stage Tao strategies is at - If you navigate to the "Metagraph" section of the Subnet, you can identify the validators there. We currently have four groups:

Opentensor Foundation

Tao5

Roundtable 21

Yuma, a DCG company

So none of these stand out to be from Tao Strategies Singapore - I don't know if utilising a company you've founded to fuel another company on the subnet would be controversial in any fashion. Unknown how it functions within this space, but the fact she was a founder on it initially is encouraging, as it shows she's got a grasp of how it all works in the backend.

Just a note on the interview - around 5:24ish Olivia states that the 10 emissions a day, valued at 433 - Tao at the time, is equivalent to 1.6m Dollars per year.

However, her actual wording is "In revenue for the subnet as a whole" - Now, without knowing the specifics on whether they have their own miners & validators, we don't know for certain how much is retained by Cel.

But that isn't actually a scary thing, we know Cel Ai is the owner, at minimum they're taking 2 tao daily guaranteed (at this time):

Tao valued at $442.72 x 2.23 (Daily owner Tao take) = $987.27 (Rounded up cents). Then $987.27 x 30 (days) = $25,617.97 per month. Over a year that's $335,415.62 (rounded up).

At its current performance - this is the bare minimum Cel Ai is currently taking in from their subnet alone, if we go on the speculation that they have no active miner or validators taking part in the subnet - which from the interview, I get the understand they have at least some participation within the processing itself.

But $332k a year for running and maintain the subnet is nice, especially as its only just really started, and that performance is expected to grow. But its the subnet revenue that really shines, ignoring who gets what out of the emissions, there is 12.38 Tao generated daily.

$442.72 x 12.38 = $5,480.88 (Rounded up cents). Take $5,480.88 x 30 = $164,426.21 every 30 days. Over the course of a year at current performance, the subnet would generate $1,973,114.50 (Rounded up cents).

That's nearly $2 million dollars, being generated through the subnet and split in various ways, which is incredible considering just how recently it was set up. Using owner Tao take alone, the subnet is generating nicely, but if you take in the power of how much the subnet can potentially raise if it continues to improve performance, that's where the real magic is happening.

My prediction catalysts that will send the stock skyward:

1. The first report of earnings from the Tao subnet - This needs to be explained in detail and breakdown how much is overall revenue, how much Cel AI takes, how much participants are taking. This kind of information brings in the attention of Investor news outlets, word of mouth etc, which increases exposure which in turn benefits the stock and the subnet.

2. BTC purchases, holdings and average cost of the BTC - Again, greater detail in here, we need to know how much is held, how much was bought, what the average cost of the holdings are - this gives an indication as to how well Cel Ai is managing its treasury, which in turn can build positive or negative sentiment.

3. Partnerships - If Cel Ai branches out, partners with larger participating orgs within the subnet, or exposure for the Cel Ai Agent, in either developing it or utilising it - This sort of news brings in greater attention, exposure to audience / investors we previously aren't reaching.

So long as the subnet continues to perform, they're going to do just fi

I can see the price of the alpha tokens in the subnet has increased - it's roughly trading at 1 dollar 13 cents.

If we review the transaction history, 2 Tao gets around 700 alpha tokens. I think what's interesting is there are two environments for taking in cel AI now. There's the crypto environment in form of the subnet, and the company stake in form of Cel:Ai !

As one picks up, if should draw attention to the other, and eventually there may be a balancing act between where is best to invest. Currently the better environment is the stock, as the subnet is already trading above our SP. But we don't have the same level of volumes, that's keeping the SP down.

once people cotton onto that, we will see this interesting counter weight Dynamic between the two.

1 dollar is worth roughly 0.74p as of today, the subnet is trading at $1.13, which is equivalent to 0.84p !

I think the fact that tao is accrued within the subnet environment plays a big part, as I believe reinvesting earnings from one subnet into the othere is a big part of it. It's the same how people either believe something will succeed or it won't.

The subnets volume is equivalent to $139k in the timeframe of the last 24 hours, I haven't looked into the movement here in terms of £, but I know our volume is less than 350 transactions

The subnet really took off - quite high volumes - 105k worth in the last 24 hours, owner Tao nearly at 2 a day.

The more exposure subnet gets the more exposure stock gets, and vica versa!

Just doing a quick bit of maths

1.8 Tao per day at the current price of $432.42 given to the owner of the subnet (Cel AI) - is worth around $778.35.

$778.35 x 30 days = $23,350.68 per 30 days - This is the amount made if the price of TAO and emissions given to the owner remains consistent - Unlikely, as Tao prices fluctuate (Up and down) - however, hopefully the emissions can become consistent.

It's pretty impressive given how the subnet was only really started not too long ago, in addition to this we have the Value of the subnet itself where individuals are staking their TAO into the subnet itself.

But to put that in perspective, the subnet was acquired or RNS'ed on the 3rd of July. It has gone from making nothing, to generating specifically to Cel AI, $23k dollars a month (Fluctuations will happen) - but that's actually quite impressive.

The third ranked subnet - https://taostats.io/subnets/56/chart Generates a whopping 82 tao, a day, to the owner. Cel AI is ranked 110 overall.

Now I don't know the maintenance cost, running fee's and all the rest, but from reading the RNS the Tao acquired, can be reinvested to gain greater allocations for more emissions etc. Feeling quite positive on this now... and Crypto / AI is currently booming in the market elsewhere, so its a good time to be in!

They could be but they'd be machines / devices setup to process the data, and would accrue running costs through that. The way I understand it is Miners are processing the actual data, and they receive the overall bulk. Validators confirm the effectiveness / data has been processed, and the owner is Cel AI - So the nearly 2 Tao a day is part of their Income.

From my understanding, that is how it works - Reg cost is the cost a company or individual pays to register as a miner on the subnet - essentially buying into the right to process it. There's a limited time of "Protection" so that miner cannot be removed straight away - Cel AI owner can remove miners that are ineffective after a period of time, to allow higher yield ones to enter.

I suppose the strategy is no registration cost, grow the active USID to the capacity, and then slowly introduce registration cost to weed out low yield miners as the subnet grows in profitability. This then introduces scalability to the operation, once yield is higher then the maximum capacity can be increased (As I assume, but may be wrong, that this would incur a cost to Cel Ai - similar to how they paid to purchase the subnet).

So the main thing we are looking for is the USID's hitting that 256 number. If you hit capacity, it indicates the subnet is attractive, the capacity being maxed brings the profitability up, which attracts better miners - better miners yield more, so will pay a bit more in registration for the prospect of lucrative return for effort....

That's how i've understood the concept to work, the fact there capacity is over 50% filled is encouraging - it's indicative that CEL AI subnet is attractive or offering something others are not, and spots are filling up. I imagine the no registration cost offers a nice entry point for starter up miners. If you navigate to the "Distribution" you can actually see who the miners are.

https://taostats.io/coldkey/5DCfhSC8sUYhpwmScJTRRAG4CSExNg5hBP3QLdfxmzgucyNj - we have 50 miners from this place alone. Just look at their daily reward from mining (149 Tao A DAY!).

@Thatslifebro - I am just curious on how the value of the TAO subnet is being accounted.

Apologies is its a noob question, but I consider the income to be the amount given to the owner (CEL AI) rather than the total emissions, however total emissions is important as it shows the subnet as being an up and coming, or profitable area. I just wonder if someone has any way to clarify it and how the subnets statistics are perceived as income vs revenue etc.

Kind Regards,

Also the RNS states that 5bn shares issues were at 0.1p per share - expecting SP will drop more

I'm not sure on the full strategy, but dependent on how frequently we're seeing new ATH you could sell BTC for a small to medium profit and rebuy later. Naturally it doesn't always go up, sometimes it goes down too. Although this week has been pretty good for Crypto on a whole with more support from the US sectors and creation of stablecoins.

I would've thought offloading BTC would also be set out, e.g stating you sold 2 BTC for a 15 - 20% profit, or on larger scale would be something to show as it is guaranteed profits... Concerning, as I said they have to perform well in both functions and mis-reporting their holdings doesn't instil any level of confidence.

Aye it's a buy showing as a sell / cancelled out. Hopefully see a little more interest going forward now it's sorted

Oh no doubt regarding actually selling, but it will dilute the pool to a degree and everyone wants to buy on the dip, there may be more investors waiting on the general meeting to confirm whats happening either way.

The biggest drivers will be momentum / hype from C:AI regarding the effectiveness of the subnet, acquiring of BTC and their overall yield - Buying it is one thing but having multiple proven yields over time is important here. They'll need to perform in both areas to be picked up.

I meant those new shares sit at a 25% profit not discount

@GLR1990 - bid is 0.23, now 0.22, but we buy at the ask price not the bid price.

So we are paying 0.26 whilst the influx of shares comes at 0.2 - if bid climbs to 0.25 then those new shares already sit at a 25% discount. I suppose it’s a known predicted dip in price will come, so volume is low, in fact trade volume has been generally low the last two weeks.

Also the subnet produces nearly 10 tap, only 1.8 of that goes to Cel Ai, the rest distributes between validators, miners etc.

I think this will increase once it’s known about the new shares and the network hits its capacity, there should be real traction there as it shows it working at the current optimum.

Let’s temper expectations and be pleasantly surprised

Another good thing is that America's "The Genius Act" is likely to pass today. Whilst primarily effecting Stable coin the act should have a positive impact on the crypto market overall, as it creates greater sources of tied coins to existing market currency