Sources and our math, step by step:
About SN111 Claims
Claims 111@DeSciClaimsSources and our math, step by step: $2.87T global R&D in 2024 (WIPO) bit.ly/4zdnkyC × 41% health and public R&D = $1.2T: business does 74% of R&D (OECD), health is 19.9% of corporate R&D (EU Scoreboard), plus all public research bit.ly/4e1tidB × 56% labour share of pharma R&D cost (NSF) bit.ly/3W9ovk8 × 20% of researcher time spent searching for and reading papers, about 9 hours a week (Elsevier & Sense about Science, 3,000+ researchers) = $130B bit.ly/4Bs93zG × 25%, our assumption = $33B. We round down to $30B. Caveats: This is the value of researcher time, not a revenue forecast. The 20% applies to all R&D labour, technicians included, so $130B is the upper end. And for scale, 25% is about half the time spent searching, with none of the reading.
Linkbit.lybit.ly/4zdnkyCSN111 Claims at a glance
SN111, Claims (α token Ё), is one of the independent markets on the Bittensor network, each with its own α token and its own price. Its α currently trades at 0.003962 τ (≈ $1.00), against 5,398 τ of pool liquidity. On-chain, the best-delegated validator on it yields about 34.95% APR (simple) and 41.83% APY (compounded), emissions add 0.000256 τ to the pool each block, epochs run every 360 blocks. It was registered at block #5,615,562.
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Taosis indexes announcements, articles, posts and releases about Bittensor subnets from their own channels and keeps a record of each. The text above is the source’s; the figures are read from the chain by Taosis.