Barry Silbert is a crypto billionaire and investor who believes that there will only be one successful digital asset. “next big investment theme” For the asset class.
Silbert said in a recent interview on Real Vision’s YouTube channel that he has created a Yuma venture, which focuses exclusively on Bittensor.TAOIt is built on a decentralized, blockchain-based platform for an international marketplace that focuses on artificial intelligence.
The CEO of Digital Currency Group, (DCG), says:
“I began to look across the entire decentralized AI sector and then started diving into Bittensor. I quickly concluded that this is the next major era in crypto. You had the Bitcoin and the Ethereum and the NFTs (non-fungible tokens), and you had the layer 2s and DeFi (decentralized finance)…
This is my next investment theme in crypto. There are several projects already launched. We’ve 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’re going to do with Bittensor – try to do with Bittensor what we did with Bitcoin.
We are going to educate people, help create awareness and access, invest in the business, and build it. We launched a new business in the fall of last year call Yuma, that I’m putting my jersey back on, and I’m the CEO of Yuma – I’m still running DCG – but I’m back in the game and I’m now building this busines Yuma that’s focusing exclusively on this thing Bittensor.”
Bittensor’s ecosystem includes “subnets,” They are like segments that focus on a specific AI task or service. Silbert claims Yuma’s focus has been on creating an “accelerator” Bitensor allows you to create new subnets quickly.
He says that one of his investments goals is also to locate the “Coinbase,” “Bitgo,” The following are some examples of how to use “Chainalysis” The ecosystem of Bittensor
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