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“Covenant says that they can't build or raise money on a network where one person can change everything at any time... they are accusing Bit Tensor of not actually being decentralized.”
“Covenant AI... reportedly sold 37,000 Tao, which is about $10 million.”
“Major accusations by Covenant AI against Bitensor Tau co-founders, the team. There's a lot to go through here.”
“Covenant AI dumped 37,000 Tau worth well over 10 million dollars and the team accused the co-founder of Tau of a decentralization theater or a lie.”
“Covenant claims decentralized governance is a facade in Bitensor Tau and real power is concentrated in few hands.”
“Covenant AI has stated that it will continue to research and develop decentralized AI models outside of Bitensor Tau core ecosystem.”
“Now, I want to start it off by kind of giving you some context on the person that we are currently working with. Uh so, Sam there, he's the founder of Covenant AI.”
“this huge spike down on the Tao price while Bitcoin and Ethereum are actually pumping, this spike down was caused by Covenant AI which used to be known as Subnet 3.”
“Covenant qui vend 37000 Tao soit environ 10 millions de dollars sur un actif qui est pas très liquide.”
“It also says that one of the co-founders of the project has been essentially blocking their ability to do their work.”