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LONDON - Sundae Bar Plc (AIM:SBAR) has released its strategic plan for Subnet 121 on the Bittensor network, establishing an incentivized AI agent creation economy, according to a press release statement issued Monday.
Bittensor operates as an open-source, decentralized network with a temporary cap of 128 subnets to maintain network quality. Each subnet functions as an independent economy specializing in different intelligence domains.
Under the Subnet 121 plan, users can submit real-world problems as briefs, while developers compete to build AI agents that address these challenges. Community voting determines the best agents, with participants earning emissions based on their contributions. Successful agents become eligible for listing on Sundae Bar’s marketplace as "preferred agents," with developers and brief writers sharing revenue alongside the company.
The company reported that Subnet 121 currently holds 105,228 Alpha tokens, generated from subnet owner emissions since June 17, equivalent to approximately 520.19 TAO (US$182,000). The subnet has a market capitalization of approximately US$1.48 million with a fully diluted valuation of about US$36.45 million.
Daily emissions amount to 34.5 TAO per day (approximately US$12,100), with Subnet 121 representing 18% of this total. As Subnet Owner, Sundae Bar receives an allocation valued at approximately 6.21 TAO per day (US$2,180).
Jill Kenney, CEO of Sundae Bar, described Subnet 121 as "the engine that powers this marketplace, creating a pipeline of high-utility agents that deliver measurable value."
Sundae Bar Plc operates as a unified marketplace for AI Agents and is listed on the AIM market of the London Stock Exchange.
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