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“Why is Targon so silent?”
That’s the question Bittensor Flows tweeted yesterday, prompting a response from Targon founder Robert Myers that revealed strong progress from the subnet, now the third largest on Bittensor.
Myers said that the team has just been "heads down building," citing a recent organizations and teams feature, contracts and reservations moving toward production, managed Kubernetes clusters for contracted customers, and upcoming CPU and GPU sandboxes. He also referred to the recent social scene in Bittensor as one motivator for the quiet building period:
“There was sooo much static these past few weeks on twitter with these subnet dramas, I would prefer to avoid them at all costs and continue maximizing customer experience!”
Revenue, Myers added, is growing at 3.5x month over month, and he expects that pace to continue for at least the next few months. He pointed to new Targon products and features planned for the upcoming Exploit conference in Montreal.
Following the exchange, Targon announced that it has repurchased more than 550 TAO worth of SN4 alpha over the past month (equivalent to more than $115,000), using organic revenue from its confidential compute platform to support what the team describes as a sustainable buyback flywheel.
Targon buyback activity can be tracked at the following wallet address: 5D7b2Xmrjp7LNwBgFbNvF6mUVkP2X9QU5i4PVERkdzAGXz9Q.
