Dippy
Dippy — a reference card for a crypto project: what the product does and how verifiable the project’s key claims are; also — alignment with the Decentralized AI thesis (DecAI Fit).
Dippy — an AI/Training project on the Bittensor network (subnet 11), subnet token (symbol: DIPPY).
Disclaimer
Important: this page is a reference overview of the project. Within DecAIHub, we separately record a verification based on open sources within the AI thesis (what is real AI/onchain/why a token, and which sources this is based on).
This is not financial advice and not a recommendation to buy/sell/hold any asset. We do not assess price, returns, or entry/exit timing.
Conclusions are based on publicly available materials found as of the verification date. The absence of confirmation does not imply the absence of the technology.
TL;DR (for readers who are not into AI)
- What it is: Bittensor subnet 11 about evaluation/incentives around roleplay LLMs (models for conversation/companions).
- Who it’s for: miners (model submissions), validators (evaluation), users/integrators of the results.
- Why onchain/token: the subnet’s onchain mechanics distribute emissions/weights; the subnet token is used in the demand/access mechanics (see Evidence).
- What you can actually touch (Tier‑1): the Dippy website/app and the subnet repository (a guide for the miner/validator).
How it works (very briefly)
- The user does: interacts with the project’s product/subnet.
- The system does: miners submit models, validators evaluate quality and compute weights/rankings.
- The user gets: access to the best models/results (at the product/ecosystem level).
- Where the blockchain is: Bittensor subnet 11 (emissions/weights/subnet parameters).
- Token role (if any): the subnet token is tied to access/demand (for example, gated access to the dataset for miners) and to supply management (see Evidence).
Quick links: AI thesis fit
Project passport
| Field | Value |
|---|---|
| Project name | Dippy |
| Also known as (aliases) | DIPPY |
| Logo (logo) | ../assets/491_dippy_logo.png |
| Token symbol (ticker) | DIPPY |
| Category | AI/Training |
| Primary chain (chain) | Bittensor |
| Type | Appchain |
| Network status | mainnet |
| Consensus (consensus) | — |
| Launch date (launch_date) | — |
| Project status (status) | active |
| Token (standard) | — |
| Token contract | — |
| Token model (token_type) | — |
| Max supply | — |
| Issuance | — |
| Tokenomics (tokenomics, brief) | — |
| Governance | — |
| Admins/keys | — |
| Audit | — |
| Bug bounty | — |
| Team (team) | — |
| Funding (investors/funding) | — |
| AI component (ai_component) | roleplay LLM evaluation + dataset + scoring |
| Use‑case (use_case) | evaluation + incentives for roleplay LLMs in a subnet |
| DecAI Fit — AI thesis fit | 5/6 — high alignment with the Decentralized AI thesis |
| DecAI Fit component summary | ai_score 3 / onchain_score 2 / token_score 1 / evidence_score 3 |
| Last verified | 2026-02-11 |
Links (links_*)
| Type | Link |
|---|---|
| Website | https://www.dippy.ai/ |
| Docs | https://github.com/impel-intelligence/dippy-bittensor-subnet/tree/main/docs |
| GitHub | https://github.com/impel-intelligence/dippy-bittensor-subnet |
| Releases / Changelog | https://github.com/impel-intelligence/dippy-bittensor-subnet/commits/main/ |
| Whitepaper | https://dippy.ai/whitepaper |
| Roadmap | https://github.com/impel-intelligence/dippy-bittensor-subnet#roadmap |
| Security advisories | https://github.com/impel-intelligence/dippy-bittensor-subnet/security |
| Explorer | https://learnbittensor.org/subnets/11 |
| App / Demo | https://www.dippy.ai/ |
| X | https://twitter.com/dippy_ai |
| Discord | https://discord.com/invite/dippyai |
| Telegram | — |
| Medium | — |
| Audit report(s) | — |
| Bug bounty | — |
| CoinGecko (profile, reference) | https://www.coingecko.com/en/coins/dippy |
| CoinMarketCap (profile, reference) | https://coinmarketcap.com/currencies/dippy/ |
General project overview
Dippy (subnet 11) is a subnet in the Bittensor ecosystem focused on the development and evaluation of roleplay LLMs (“companion” models) through an incentive economy: miners submit models, validators evaluate quality against the set criteria and compute weights.
Features/modules
- Model submissions by miners (training/fine‑tuning/merging).
- Quality evaluation by validators per the protocol and scoring criteria.
- Documentation on running a miner/validator and on the repository structure.
Typical scenarios
- Scenario 1: a miner trains/prepares a model → submits it to the subnet → receives rewards when quality is competitive.
- Scenario 2: a validator evaluates submissions via the scoring mechanism → publishes weights/rankings, affecting emissions.
Getting started (wallet/network)
- What you need: a wallet/account (if required by the product) and access to the Bittensor ecosystem.
- Network/chain: Bittensor.
- Fees: — (depend on operations/infrastructure).
Architecture/tech (non‑AI)
- Components: the subnet (miners/validators), the repository with the
miner.py/validator.pycode, the scoring module and documentation. - Participant roles: miners, validators, users/integrators of the results.
- Where logic runs: model evaluation/preparation — offchain at the participants; distribution of weights/rewards — via the Bittensor onchain mechanics.
- Dependencies: —.
Token/economics (expanded, no forecasts)
- Token utility: the subnet token is used as an element of incentives/access (for example, gated access to the dataset for miners; buyback from the app’s revenue).
- Protocol necessity drivers: described in the subnet’s Tier‑1 documentation (see Evidence).
- Who pays fees: —.
- Where fees go: —.
- Issuance/burn: —.
- Security/incentive mechanisms: —.
- Distribution and token issuance schedule: —.
- Treasury: —.
Governance
- Who makes decisions: —.
- How protocol parameters change: —.
- Where decisions are discussed/made: —.
- Keys/multisig: —.
Security and incidents
- Audits: —.
- Bug bounty: —.
- Incidents: —.
- Threat model: —.
Project status and timeline
- Current status: active.
- Key releases/milestones: —.
- Roadmap: see
links_*(as navigation).
Ecosystem/integrations
- Integrations: —.
- Partners: —.
- Where it’s actually used: subnet statistics/state are available via taostats (see links_* / Evidence).
AI component of the project
- What is real AI here? Development/evaluation of roleplay LLMs: evaluation criteria, dataset, comparison protocol, model submission processes (see Evidence).
- What is truly onchain? Bittensor subnet 11: emissions/weights and incentives within the network (see Evidence).
- Why is a token needed? The token is used in the demand/access mechanics (for example, gated access to the dataset) and in supply management (burn emissions), as well as a buyback mechanism from the app’s revenue (see Evidence).
- Red flags (based on the information found): if the scoring/dataset/evaluation procedures change without versioning and without public artifacts; reliance on an external “judge” requires transparency of the criteria and protection against manipulation.
DecAI Fit component summary
- DecAI Fit: 5/6 — high alignment with the Decentralized AI thesis
| Component | Level | Score |
|---|---|---|
| AI reality | high | 3 |
| Onchain necessity | medium | 2 |
| Token necessity | medium | 1 |
| Evidence | Tier‑1 present | 3 |
Details
AI reality
AI_0 — AI intent (Tier‑1 roadmap) (1/0)
- AI_0 (decision): 0
- Claim (one line): Per Tier‑1 sources, AI is described as the operating goal/mechanics of the subnet, not only an “intent”.
- Evidence: Tier‑1 — https://raw.githubusercontent.com/impel-intelligence/dippy-bittensor-subnet/main/README.md
- Why sufficient / why not (one line): This flag applies when there is only intent without a confirmed AI component; here the AI component is described.
- Conflict note (if any): —
AI_1 — what the AI does (1/0)
- AI_1 (decision): 1
- Claim (one line): The subnet incentivizes the development of roleplay LLMs: miners submit models, validators evaluate their quality.
- Evidence: Tier‑1 — https://raw.githubusercontent.com/impel-intelligence/dippy-bittensor-subnet/main/README.md
- Why sufficient / why not (one line): There is a Tier‑1 description of the subnet’s purpose and of the roles of miners/validators.
- Conflict note (if any): —
AI_2 — demos/examples (1/0)
- AI_2 (decision): 1
- Claim (one line): There is a “surface” for verification: the Dippy website/app and instructions for running a miner/validator.
- Evidence: Tier‑1 — https://www.dippy.ai/ ; https://raw.githubusercontent.com/impel-intelligence/dippy-bittensor-subnet/main/README.md
- Why sufficient / why not (one line): Tier‑1 sources provide reproducible launch steps and the official product endpoint.
- Conflict note (if any): —
AI_3 — metrics/quality (1/0)
- AI_3 (decision): 0
- Metrics: —
- Context (version/date/how measured): —
- Evidence: Tier‑1 — —
- Why sufficient / why not (one line): There are scoring criteria, but this card does not record a public “quality benchmark”/metrics with numerical results by model version.
- Conflict note (if any): —
AI_4 — tech description/architecture/versions (1/0)
- AI_4 (decision): 1
- Claim (one line): The repository describes the roles of miners/validators, the scoring mechanism and the system components.
- Evidence: Tier‑1 — https://raw.githubusercontent.com/impel-intelligence/dippy-bittensor-subnet/main/README.md ; https://raw.githubusercontent.com/impel-intelligence/dippy-bittensor-subnet/main/docs/llm_scoring.md
- Why sufficient / why not (one line): There is a tech description of the evaluation mechanics and the component structure.
- Conflict note (if any): —
Onchain necessity
OC_1 — contracts/addresses/chain (1/0)
- OC_1 (decision): 1
- Chain: Bittensor
- Addresses/identifiers: subnet id 11
- Evidence: Tier‑1 — https://learnbittensor.org/subnets/11
- Why sufficient / why not (one line): The Tier‑1 source records subnet id 11 and the identity of the subnet.
- Conflict note (if any): —
OC_2 — onchain beyond just a token (1/0)
- OC_2 (decision): 1
- What useful logic is onchain: the weights/emissions mechanism and the subnet’s incentive design (not only “token issuance”).
- Evidence: Tier‑1 — https://raw.githubusercontent.com/impel-intelligence/dippy-bittensor-subnet/main/README.md
- Why sufficient / why not (one line): Tier‑1 describes the incentive mechanics and the calculation of weights/rewards.
- Conflict note (if any): —
OC_3 — onchain is critical (1/0)
- OC_3 (decision): 0
- “Replace the blockchain” test: not established (no Tier‑1 justification of criticality).
- Evidence: Tier‑1 — —
- Why sufficient / why not (one line): Without a Tier‑1 argument “why without onchain the rationale breaks down” we set 0.
- Conflict note (if any): —
Token necessity
TK_0 — no token (1/0)
- TK_0 (decision): 0
- Claim (one line): The subnet has a subnet token (access/demand/burning of emissions are described in Tier‑1).
- Evidence: Tier‑1 — https://raw.githubusercontent.com/impel-intelligence/dippy-bittensor-subnet/main/docs/subnet_token.md
- Why sufficient / why not (one line): The Tier‑1 document describes the use of the subnet token and the demand/supply mechanisms.
- Conflict note (if any): —
TK_1..TK_4 (1/0)
TK_1 — payment for the service (1/0)
- TK_1 (decision): 0
- Claim (one line): No Tier‑1 confirmation that the token is used to pay for the service was found.
- Evidence: Tier‑1 — —
- Why sufficient / why not (one line): Without tech docs/terms of use per Tier‑1 we set 0.
- Conflict note (if any): —
TK_2 — incentives/collateral/penalties (1/0)
- TK_2 (decision): 1
- Claim (one line): Access to the extended dataset for miners may be gated by a stake in the subnet token; part of the emissions may be burned.
- Evidence: Tier‑1 — https://raw.githubusercontent.com/impel-intelligence/dippy-bittensor-subnet/main/docs/subnet_token.md
- Why sufficient / why not (one line): Tier‑1 describes stake‑gating and burn emissions as elements of the mechanics.
- Conflict note (if any): —
TK_3 — governance (1/0)
- TK_3 (decision): 0
- Claim (one line): No Tier‑1 confirmation of governance via the token was found.
- Evidence: Tier‑1 — —
- Why sufficient / why not (one line): Without a described governance process per Tier‑1 we set 0.
- Conflict note (if any): —
TK_4 — token is replaceable (1/0)
- TK_4 (decision): 0
- Claim (one line): Tier‑1 does not provide a strict comparison with alternatives (for example, “USDC instead of the subnet token”) for assessing replaceability.
- Evidence: Tier‑1 — —
- Why sufficient / why not (one line): Tier‑1 materials on the utility/mechanics are needed to assess replaceability.
- Conflict note (if any): —
Evidence (table)
| Tier | Source | What it proves |
|---|---|---|
| Tier‑1 | https://raw.githubusercontent.com/impel-intelligence/dippy-bittensor-subnet/main/README.md | The subnet’s purpose, the roles of miners/validators, incentive mechanics, roadmap, launch artifacts. |
| Tier‑1 | https://raw.githubusercontent.com/impel-intelligence/dippy-bittensor-subnet/main/docs/llm_scoring.md | Scoring criteria/evaluation mechanics (judge score, comparison criteria). |
| Tier‑1 | https://raw.githubusercontent.com/impel-intelligence/dippy-bittensor-subnet/main/docs/subnet_token.md | Use of the subnet token: demand/access (stake gating), burn emissions, buyback intent. |
| Tier‑1 | https://learnbittensor.org/subnets/11 | Identity and parameters of subnet 11 (Dippy Studio) in the Bittensor ecosystem. |
| Tier‑1 | https://www.dippy.ai/ | Available product “surface” (website/app). |
| Tier‑1 | — | No Tier‑1 source for claim “public quality metrics/benchmarks by model version” was found. |
| Tier‑2 | https://taostats.io/subnets/11/chart | Dashboard of the subnet’s state/statistics (context). |
| Tier‑2 | https://www.coingecko.com/en/coins/dippy | Token profile (for reference; navigation). |
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