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Bittensor subnet operator revenue has grown from near zero to an estimated $32 million-plus over 18 months as companies have secured commercial implementation deals, according to Yuma chief revenue officer Evan Malanga. Summary Subnet operator revenue has reached an estimated $32 million-plus, according to Yuma’s Evan Malanga. Malanga cited carwash monitoring and financial cybersecurity deals as examples of Bittensor’s commercial adoption. Subnet operators have increasingly bought their own tokens, which he linked to TAO demand. Commercialization failures, token volatility and competition from established AI developers remain risks, he said. Evan Malanga, chief revenue officer at Bittensor infrastructure company Yuma, told crypto.news that customer deals, operator revenue and subnet token purchases offer evidence of growing use across the network. In his account, the strongest examples include Score, which has planned carwash monitoring deployments for Avia across thousands of locations, and RedTeam, which serves multiple Fortune 500 financial institutions protecting more than 1 billion weekly transactions. Malanga presented the deals as examples of demand for services produced through Bittensor’s AI competitions. He also pointed to an increasing number of operators buying their subnet tokens on the open market, saying Bittensor’s design connects demand for those assets with demand for its native token, TAO. Bittensor adoption reaches carwash monitoring and cybersecurity For Malanga, commercial deployments provide a way to examine Bittensor beyond token trading. His examples cover computer vision and cybersecurity, two areas where subnet operators have secured implementation agreements with businesses. Score’s planned rollout involves monitoring Avia carwash locations, according to the executive. RedTeam’s work concerns financial institutions and transaction protection, with Malanga putting the volume covered by its customers at more than 1 billion transactions each week. Across subnet operators, he said revenue had risen from almost nothing over an 18-month period to a recent estimate exceeding $32 million. He cited…