Pantera’s Cosmo Jiang Observes Grass and Bittensor Projects
The AI and crypto narrative is currently subdued, but remains relevant according to Pantera’s Cosmo Jiang. Key points include:
- AI and crypto are seen as major disruptors.
- The volatile nature of crypto is attributed to its startup dominance.
- Jiang anticipates a shift toward institutional focus in the market.
- He highlights the intersection of AI and blockchain, noting AI's abundance and blockchain's scarcity.
- Projects like Grass are leveraging decentralized networks for data sales to major AI companies.
- Bittensor is noted for its token incentive model, enabling compensation for open-source developers.
- This model could revolutionize profitability in open-source research.
Jiang predicts widespread AI usage akin to the internet within 10-15 years.