text: This is going to be *very* interesting to watch. 
  
  I have assumed that #subnets will launch wrapped versions of their alpha token on different blockchains. 
  
  $KAITO launched 4 days ago (ca: 0x98d0baa52b2D063E780DE12F615f963Fe8537553) on base. 
  
  $457mm MC / $1.89B FDV on base
  
  $1.27mm MC / $215mm FDV on #bittensor
  
  Arbitrage (risk-free profit) must be possible for these to converge. If someone figures it out, the 1.0 theory goes out the window, and a select group of subnets **with successful marketing outside the bittensor ecosystem** will go stratospheric. 
  
  @KaitoAI team any plans? 
  
  $TAO #bittensor $KAITO
tweet_hashtags: #KAITO #subnets