One of the talks I'm looking forward to at @ExploitSummit is tokens vs equity debate. My fellow Messari alum @capradavis is moderating it and its on a topic every subnet team is dealing with right now. On Bittensor the token is the incentive budget. Equity capital scales the business that buys from the subnet, the more demand there is for a subnet's resources the greater the need for the resources to be of the highest quality. How do you get high quality resources? You incentivize it. How do you increase incentives on Bittensor? Well that depends on the alpha token price. Can you see how Equity and token value accrual are aligned now? Looking forward to seeing this position defended at @ExploitSummit Sept. 28-29th in Montreal
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