🚨
$TAO HOLDERS — THIS JUST CHANGED THE GAME… 🚨
On April 10, a major shock hit the Bittensor ecosystem…
Covenant AI just EXITED.
And the reason? 👇
They accused key figure Jacob Steeves (aka Const) of:
• Stopping subnet token emissions ❌
• Removing community control 🔒
• Shutting down infrastructure ⚠️
• Creating sell pressure during internal conflict 📉
Covenant AI didn’t hold back…
They called Bittensor governance a “decentralization theater” 🎭
— meaning: not truly decentralized.
🔥 BUT HERE’S THE INTERESTING PART…
This is the SAME team behind Covenant-72B —
one of the largest decentralized LLM training efforts ever 💡
• 70+ contributors
• Recognized by Jensen Huang
• Mentioned by Dario Amodei
• Helped push ecosystem tokens +90% 🚀
👉 And now… they’re gone.
🧠 So what does this mean for
$TAO ?
Two possible outcomes:
1️⃣ Short-term fear & volatility ⚡
2️⃣ Long-term restructuring → potential governance reset opportunity 🔄
💎 Smart approach (don’t panic):
• Avoid emotional selling into headlines
• Track subnet activity + developer momentum 📊
• Monitor whale positioning 🐋
• Look for early signals of new leadership shifts 👀
Controversy often creates opportunity.
🚀 FINAL THOUGHT: This isn’t just drama…
It could be a major turning point for
$TAO .
Are you reacting… or positioning? 👀🔥
#TAO
#bittensor #crypto #Web3 #AI #Write2Earn