Mike Dudas
this is way too complex for any retail or casual buyer will limit subnet token market to a geek ...
22 days agoMike Dudasmdudas
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Note: AI-generated summary based on third-party content. Not financial advice. Read more.
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Bittensor (TAO) is introducing a "Conviction" governance mechanism that requires locking Alpha tokens for set durations, such as 365 days, to establish stake-weighted influence. This system, which includes delegated conviction and mutable ownership to address malicious actors, will initially roll out for testing on subnets 3, 39, and 81. Analyst Mike Dudas expresses a negative sentiment, suggesting the complexity of these subnet token mechanics may limit the market to a niche audience and exclude casual retail buyers.

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About Mike Dudas
Mike Dudas

Mike Dudas

By mdudas

crypto investor @6thManVentures // co-founder @theblock__ @linksdao // @moonbirds kol