Covenant AI Exits Bittensor Amid Controversies
April 10, 2026 at 10:36
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✦ AI Summary
- Covenant AI departs Bittensor, citing control issues
- The exit follows large-scale TAO token sales
- Bittensor's founder refutes allegations made by Covenant AI
Covenant AI has announced its decision to exit the Bittensor platform, alleging excessive control over subnets and significant TAO token sales by the organization. This development has raised questions about decentralization within the Bittensor ecosystem. In response, Bittensor's founder has publicly denied these allegations, insisting that the platform remains committed to its principles. The fallout from this dispute has resulted in an 18% drop in the value of the TAO token, highlighting the impact of governance disagreements in decentralized networks.
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