Investment tycoon Barry Silbert divulges his perspective on the forthcoming investment trend for cryptocurrencies.

Crypto Billionaire Barry Silbert Touts the "Next Big Investment Theme" - Decentralized AI!

Hey there! Welcome to the latest scoop in the world of cyber coins. Barry Silbert, CEO of Digital Currency Group (DCG), is feeling the buzz around a new hot potato – the decentralized AI sector! The venture he's cooking up is called Yuma, and it's all set to revolutionize the game.

Yuma is focusing on Bittensor, a blockchain wonder built for a global, shared marketplace for AI. Silbert believes that this is the next huge crypto era looking at Bitcoin, Ethereum, NFTs (non-fungible tokens), layer 2s, and DeFi (decentralized finance). He further explains, "Decentralized AI is the next big investment theme for crypto, and there are plenty of projects launched. We've backed a fair share of them, but the one with streets ahead is Bittensor."

Yuma's plan is straightforward: to replicate the magic of Bitcoin and build an ecosystem around Bittensor by investing, creating awareness, and providing access. They're also on the hunt for the "Coinbase," "Bitgo," or "Chainalysis" of the Bittensor ecosystem, referring to established service providers in the crypto world.

As for what makes Bittensor special, it comes down to subnets. These are like independent zones, dedicated to specific AI tasks or services. By developing an accelerator, Yuma is making it a breeze to build new subnets on Bitensor.

Crypto Aficionados! Don't forget to follow us on X, Facebook, and Telegram for the hottest updates in the crypto world! Also, subscribe to get email alerts that deliver news straight into your inbox. Stay tuned for more insights, and keep a close eye on Bittensor – it might just become the next big thing!

Disclaimer: This article doesn't constitute investment advice. Before making high-risk investments in Bitcoin, cryptocurrencies, or digital assets, always do your homework and consider your risk tolerance. The Daily Hodl takes part in affiliate marketing.

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Barry Silbert, CEO of Digital Currency Group (DCG), is focusing on a new investment theme - Decentralized AI - highlighting Bittensor, a blockchain project built for a global, shared marketplace for AI, as the next potential big crypto era, including Bitcoin, Ethereum, NFTs, layer 2s, and DeFi.
Yuma, Silbert's venture, aims to replicate the success of Bitcoin and build an ecosystem around Bittensor by investing, creating awareness, and providing access, comparably searching for the next Coinbase, Bitgo, or Chainalysis of the Bittensor ecosystem.
Bittensor's unique feature - subnets - enables the creation of independent zones dedicated to specific AI tasks or services, with Yuma developing an accelerator to simplify the process of launching new subnets on Bittensor.
Cryptocurrency enthusiasts can follow The Daily Hodl on X, Facebook, and Telegram for the latest updates in the crypto world and subscribe for email alerts delivering news directly to their inboxes.
The Altcoins category of The Daily Hodl covers emerging trends and insights in the world of decentralized finance (DeFi), further anchoring the concept of the DeFi sector's potential growth through investments like those of Digital Currency Group (DCG) and Yuma.
The integration of sUSDf for enhanced on-chain yield generation in Falcon Finance, as mentioned in the Industry Announcements section, could be seen as an illustration of the expanding frontiers of DeFi, coinciding with the optimistic outlook on the decentralized finance sector voiced by leaders like Barry Silbert and companies like Digital Currency Group (DCG).

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