WEBVTT

00:00:00.720 --> 00:00:09.720
What are you up to now? I see you have a new startup called xTAO,
which is dedicated to a decentralized AI network

00:00:09.720 --> 00:00:16.640
and is slated to go public in Canada later this month.
Can you talk about this latest venture and your goal for the company?

00:00:16.640 --> 00:00:23.480
Sure. xTAO's goal is to create the MicroStrategy of Bittensor.
We talked about MicroStrategy a little bit earlier.

00:00:23.480 --> 00:00:32.240
I think Michael Saylor has done an incredible job
of bringing Bitcoin to investors who cannot access it.

00:00:32.240 --> 00:00:38.760
With an asset as important as Bitcoin,
that is a really important mission.

00:00:38.760 --> 00:00:46.880
After WonderFi, I explored what was next
and what I wanted to spend my time on.

00:00:46.880 --> 00:00:57.160
It is hard to ignore the growth of AI.
I became more excited the deeper I went down the rabbit hole,

00:00:57.160 --> 00:01:09.280
but I was also terrified of the centralization risk.
It may be the most powerful tool humanity ever creates,

00:01:09.280 --> 00:01:17.520
and two or three companies controlling how it is built
and who has access to it is really terrifying.

00:01:17.520 --> 00:01:25.000
I was introduced to Bittensor while exploring that problem
and saw many of the same philosophical roots as Bitcoin:

00:01:25.000 --> 00:01:33.920
Bitcoin combats centralized control of money,
and Bittensor combats centralized control of AI.

00:01:33.920 --> 00:01:43.360
Bittensor, for me, has emerged as a crypto asset
that I think will be a top-three asset in the next two to three years,

00:01:43.360 --> 00:01:52.200
as AI continues to grow and the need for a decentralized AI network
that is open and accessible becomes clearer to people.

00:01:52.200 --> 00:02:00.200
xTAO's goal is to become the MicroStrategy of Bittensor.
We will be the first public company solely dedicated to Bittensor,

00:02:00.200 --> 00:02:03.135
and we are excited for our public listing,
which is next week.
