LONDON--(BUSINESS WIRE)--Dec 23, 2024--

Today, crypto investment firm dao5 has announced the launch of ' tao5 ', a new incubator dedicated to supporting early-stage subnets on the Bittensor protocol. This initiative follows dao5's successful acquisition of OWL Ventures' network validator, which is currently the third largest validator by stake in the Bittensor ecosystem. Combining this validator with the new incubator program will enable tao5 to better contribute to the protocol's security and governance.