what's Crucible Labs?

Crucible Labs is a project dedicated to advancing decentralized AI through tools built on the Bittensor network. It provides infrastructure for managing TAO tokens, the native asset of Bittensor, enabling users to participate in the ecosystem's incentive mechanisms. Key offerings include the Crucible Wallet, a secure interface for storing and transacting TAO with Ledger hardware wallet compatibility, and the Smart Allocator, which automates staking across Bittensor subnets to optimize rewards based on performance metrics. The project emphasizes user-friendly integration with Bittensor's peer-to-peer AI marketplace, where subnets compete for emissions through collaborative model training and validation. By handling delegation, root staking, and subnet allocations, Crucible Labs simplifies participation in this decentralized intelligence economy, ensuring principal safety while distributing dividends. Its tools support the network's dynamic emission schedule, where 70% of TAO rewards go to active subnets and 30% to root validators, fostering innovation without centralized control.

First TAO native wallet to integrate Ledger hardware wallet support for cold storage subnet participation, following Smart Allocator product launch and addition of former Google executive David Lawee as co-founder.