dTAO $TAO Alpha tokens and FDV - 

I’ve been getting a lot of questions in the last few days about the FDV (Fully Diluted Value).  

Several of the leading alpha tokens within the Bittensor ecosystem have FDVs over $1bb and that seems to be scaring people off. I don’t think it should and I’ll explain why (and if you disagree, please let me know why in the comments).  

BTC maxis never refer to its FDV.  Only the valuation derived from multiplying price by current circulating supply.  Bc BTC was a fair launched token that only gets to FDV over the course of many years through a slowly released emissions schedule and halvings.  

$TAO is the same setup.  FDV is only reached on TAO after like 30 years or some shit like that once halving and emissions get to 21mm tokens and then it stops.  So FDV is irrelevant on a token like this where it’s fair launched and emissions will take years to get it to FDV.  

FDV only makes sense to look at when the circulating supply is low and there are going to be massive token unlocks on the near term where the team, devs, and KOL insiders can dump on you. 

Not the case with Tao or with any of the 66 subnet tokens in the dTAO network.  They were all fair launched with similar emissions structure.  

Their (alpha tokens) emissions bleed out faster than TAO by about double if I’m not mistaken.  But that still would take many years to get to FDV.  

So for the purposes of investing in dTAO alpha tokens, don’t let FDV scare you off.  Bc if you do, you’ll miss out on buying the strongest projects within the ecosystem that are going parabolic.  

Similar to missing out on early days $AIXBT in the virtuals ecosystem. 

Disregard FDV and only pay attn to current mkt cap for circulating supply. There is still crazy opportunity if you look at it that way.  

The highest market cap is currently CHUTES, SN64 and its trading at a paltry $12.3mm.  You don’t think this one can go to $100mm in a parabolic move?  It absolutely can.  And it appears to be one of the safer plays in the Bittensor ecosystem.  But if you pay attn to FDV you’ll be scared off from that.
#TAO #TAO #AIXBT