With the amount of new subnets being added it can be hard to get up to date information across all subnets, so data may be slightly out of date from time to time
With the amount of new subnets being added it can be hard to get up to date information across all subnets, so data may be slightly out of date from time to time
BitKoop (Subnet-16 on Bittensor) is a decentralized, community-powered marketplace for discount codes. It transforms crowdsourced coupon codes into a reliable, verifiable digital commodity, ensuring that shoppers always find working discounts. In essence, BitKoop aims to solve the common frustration of invalid or expired promo codes by leveraging a decentralized network of contributors and validators.
Community Sourcing: BitKoop’s discount codes are sourced by incentivized “miners” – everyday community members who hunt for and submit real, working coupon codes from across the web. Miners are rewarded in the subnet’s token for every valid code they contribute, motivating continuous supply of fresh deals.
Verification & Trust: Every submitted code is independently tested and verified by “validators” on the network before it’s published. These validators run automated checks to ensure a coupon is valid (e.g. not expired and meets conditions) – “if you see it, it works” is the promise. This real-time validation mechanism guarantees only genuine, active discounts appear on the platform, eliminating the trial-and-error hassle for shoppers.
Transparent Incentives: BitKoop aligns everyone’s interests through performance-based rewards. Miners and validators earn more based on the value and accuracy of their contributions, creating a self-policing ecosystem. Good coupons and accurate verifications are directly rewarded, so the community is incentivized to keep the coupon database trustworthy and up-to-date.
By decentralizing coupon sourcing and verification, BitKoop provides an ever-growing, trustworthy repository of promo codes. Shoppers can discover verified, working deals across many online stores without wasting time on fake or expired codes. Meanwhile, contributors (miners/validators) have a way to earn crypto rewards (in $TAO and subnet tokens) for adding real value – effectively turning discount codes into an asset class on the Bittensor network.
BitKoop (Subnet-16 on Bittensor) is a decentralized, community-powered marketplace for discount codes. It transforms crowdsourced coupon codes into a reliable, verifiable digital commodity, ensuring that shoppers always find working discounts. In essence, BitKoop aims to solve the common frustration of invalid or expired promo codes by leveraging a decentralized network of contributors and validators.
Community Sourcing: BitKoop’s discount codes are sourced by incentivized “miners” – everyday community members who hunt for and submit real, working coupon codes from across the web. Miners are rewarded in the subnet’s token for every valid code they contribute, motivating continuous supply of fresh deals.
Verification & Trust: Every submitted code is independently tested and verified by “validators” on the network before it’s published. These validators run automated checks to ensure a coupon is valid (e.g. not expired and meets conditions) – “if you see it, it works” is the promise. This real-time validation mechanism guarantees only genuine, active discounts appear on the platform, eliminating the trial-and-error hassle for shoppers.
Transparent Incentives: BitKoop aligns everyone’s interests through performance-based rewards. Miners and validators earn more based on the value and accuracy of their contributions, creating a self-policing ecosystem. Good coupons and accurate verifications are directly rewarded, so the community is incentivized to keep the coupon database trustworthy and up-to-date.
By decentralizing coupon sourcing and verification, BitKoop provides an ever-growing, trustworthy repository of promo codes. Shoppers can discover verified, working deals across many online stores without wasting time on fake or expired codes. Meanwhile, contributors (miners/validators) have a way to earn crypto rewards (in $TAO and subnet tokens) for adding real value – effectively turning discount codes into an asset class on the Bittensor network.
The BitKoop product consists of a blockchain-based backend (as a Bittensor subnet) and planned user-facing platforms that together facilitate the finding, validating, and usage of coupon codes:
Bittensor Subnet & Token: BitKoop operates as Subnet-16 on the Bittensor network, with its own token (“α”/Alpha) and on-chain logic for incentivization. The subnet’s blockchain tracks miner contributions, validator scores, and token rewards. Under the hood, BitKoop uses Bittensor’s substrate-based framework to distribute rewards in both $TAO (the main Bittensor token) and its subnet token for participants. This means BitKoop benefits from Bittensor’s decentralized infrastructure and security while focusing on the niche of e-commerce coupons. (Originally, SN-16 had a different mechanism under HashTensor – see Team Info – but BitKoop introduced an entirely new infrastructure and mission.)
Mining & CLI Tool: Contributors (miners) run the BitKoop CLI – a simple command-line client – to submit coupons. Notably, no specialized hardware or cloud server is required to mine BitKoop. The project prides itself on being “beginner friendly” – anyone can run the miner software on a normal PC to start contributing coupons. The CLI handles sending new codes to the network and can be run from anywhere, lowering the barrier to participation. (This was part of Phase 1 roll-out: launching the subnet and a user-friendly mining tool.)
Automated Validation Engine: On the backend, BitKoop runs an automated coupon validation service. When a miner submits a code, it enters a validation lifecycle: first marked as PENDING, then tested by a validator node using headless browser automation (Node.js with Playwright scripts, falling back to Python if needed). The validator actually attempts to apply the code on the retailer’s site to verify: if it successfully applies (e.g. correct discount, within validity dates, minimum cart requirements met), the code is marked VALID; if not, it’s INVALID. Validators continuously re-check valid codes (roughly daily) to catch any that expire or stop working, flipping them to invalid if needed. This periodic re-validation ensures the published deals stay current, and any code that fails later will be promptly removed or flagged. Miners can even request manual rechecks after a cooldown if they believe a code might be working again. All these checks run on a schedule (by a validator task loop) so the coupon database is self-maintaining and robust.
Shopper Interface (Website/App): While the public-facing website is not yet live (as of latest updates), it’s planned for Phase 2. This will be the front-end where shoppers can search for deals by store or product category and immediately find verified coupon codes. Because every code is validated in real-time, users will know the success probability upfront (no more “maybe it works” guessing). BitKoop’s site will essentially function like a next-gen RetailMeNot/Honey, except backed by decentralized verification. In the interim, basic information is available through Bittensor explorers (e.g. TaoStats, Backdrop) which show BitKoop’s description and stats on-chain.
E-commerce Integration: BitKoop is actively working on integrations with online stores. They’ve started with a Shopify App – BitKoop built an official Shopify plugin that was submitted for Shopify’s approval. This app, once approved, will let Shopify merchants directly interface with BitKoop. Essentially, the BitKoop Shopify App will automatically share a store’s active discount codes (including details like validity dates, minimum order, discount percentage) with the BitKoop network for validation and listing to users. This is a win-win: merchants get more visibility for their promotions (potentially driving sales), and BitKoop gets a reliable feed of genuine coupons straight from the source. (Future integrations: After Shopify, BitKoop plans to expand to other e-commerce platforms and affiliate networks in later phases – see Roadmap.)
Affiliate Model & Revenue: BitKoop’s business model is likely tied to affiliate partnerships. As noted in their documentation, the traditional coupon industry (e.g. Honey, Groupon) monetizes via affiliate commissions. BitKoop intends to leverage the same proven model – when users redeem codes through BitKoop, it can capture a portion of affiliate revenue from partner stores. Because BitKoop ensures high conversion (only working codes are shown), it could drive better sales and thus earn healthy commissions. By combining this revenue model with the token incentives (where miners/validators are rewarded in crypto), BitKoop bridges Web2 e-commerce with Web3 economics. In short, it seeks to tap into the multi-billion dollar coupon industry, but with a transparent, community-driven approach that could outperform legacy coupon sites in trust and efficiency.
Technical Architecture: Technically, BitKoop is mostly implemented in Python (over 90% of the code) with some JavaScriptfor the web automation parts. The core repository (BitKoopLabs/BitKoop on GitHub) contains modules for the subnet node (validator), the coupon validation logic, and scripts for miners. When running, the system involves decentralized nodes (miners and validators) communicating over the Bittensor network (which itself is built on a substrate blockchain). The Subnet’s consensus handles who gets rewarded: BitKoop likely employs a custom incentive model where validators assign “weights” to miners based on the quality (validity/longevity) of their submitted coupons, similar to how other Bittensor subnets weight contributions. A scoring formula is defined (considering coupon age and a weight factor) to normalize miner scores. This determines the share of the subnet’s token emissions each miner earns. In essence, miners get more “weight” (reward share) for finding newer, valuable codes, and validators earn by accurately scoring these coupons. All this happens on-chain within Subnet-16’s logic, providing a trustless reward mechanism.
BitKoop’s build is still evolving. The coming-soon website and the Shopify integration are the most tangible “products” users will interact with, while the underlying build – a combination of blockchain, automation scripts, and community-run nodes – is already live powering the network.
The BitKoop product consists of a blockchain-based backend (as a Bittensor subnet) and planned user-facing platforms that together facilitate the finding, validating, and usage of coupon codes:
Bittensor Subnet & Token: BitKoop operates as Subnet-16 on the Bittensor network, with its own token (“α”/Alpha) and on-chain logic for incentivization. The subnet’s blockchain tracks miner contributions, validator scores, and token rewards. Under the hood, BitKoop uses Bittensor’s substrate-based framework to distribute rewards in both $TAO (the main Bittensor token) and its subnet token for participants. This means BitKoop benefits from Bittensor’s decentralized infrastructure and security while focusing on the niche of e-commerce coupons. (Originally, SN-16 had a different mechanism under HashTensor – see Team Info – but BitKoop introduced an entirely new infrastructure and mission.)
Mining & CLI Tool: Contributors (miners) run the BitKoop CLI – a simple command-line client – to submit coupons. Notably, no specialized hardware or cloud server is required to mine BitKoop. The project prides itself on being “beginner friendly” – anyone can run the miner software on a normal PC to start contributing coupons. The CLI handles sending new codes to the network and can be run from anywhere, lowering the barrier to participation. (This was part of Phase 1 roll-out: launching the subnet and a user-friendly mining tool.)
Automated Validation Engine: On the backend, BitKoop runs an automated coupon validation service. When a miner submits a code, it enters a validation lifecycle: first marked as PENDING, then tested by a validator node using headless browser automation (Node.js with Playwright scripts, falling back to Python if needed). The validator actually attempts to apply the code on the retailer’s site to verify: if it successfully applies (e.g. correct discount, within validity dates, minimum cart requirements met), the code is marked VALID; if not, it’s INVALID. Validators continuously re-check valid codes (roughly daily) to catch any that expire or stop working, flipping them to invalid if needed. This periodic re-validation ensures the published deals stay current, and any code that fails later will be promptly removed or flagged. Miners can even request manual rechecks after a cooldown if they believe a code might be working again. All these checks run on a schedule (by a validator task loop) so the coupon database is self-maintaining and robust.
Shopper Interface (Website/App): While the public-facing website is not yet live (as of latest updates), it’s planned for Phase 2. This will be the front-end where shoppers can search for deals by store or product category and immediately find verified coupon codes. Because every code is validated in real-time, users will know the success probability upfront (no more “maybe it works” guessing). BitKoop’s site will essentially function like a next-gen RetailMeNot/Honey, except backed by decentralized verification. In the interim, basic information is available through Bittensor explorers (e.g. TaoStats, Backdrop) which show BitKoop’s description and stats on-chain.
E-commerce Integration: BitKoop is actively working on integrations with online stores. They’ve started with a Shopify App – BitKoop built an official Shopify plugin that was submitted for Shopify’s approval. This app, once approved, will let Shopify merchants directly interface with BitKoop. Essentially, the BitKoop Shopify App will automatically share a store’s active discount codes (including details like validity dates, minimum order, discount percentage) with the BitKoop network for validation and listing to users. This is a win-win: merchants get more visibility for their promotions (potentially driving sales), and BitKoop gets a reliable feed of genuine coupons straight from the source. (Future integrations: After Shopify, BitKoop plans to expand to other e-commerce platforms and affiliate networks in later phases – see Roadmap.)
Affiliate Model & Revenue: BitKoop’s business model is likely tied to affiliate partnerships. As noted in their documentation, the traditional coupon industry (e.g. Honey, Groupon) monetizes via affiliate commissions. BitKoop intends to leverage the same proven model – when users redeem codes through BitKoop, it can capture a portion of affiliate revenue from partner stores. Because BitKoop ensures high conversion (only working codes are shown), it could drive better sales and thus earn healthy commissions. By combining this revenue model with the token incentives (where miners/validators are rewarded in crypto), BitKoop bridges Web2 e-commerce with Web3 economics. In short, it seeks to tap into the multi-billion dollar coupon industry, but with a transparent, community-driven approach that could outperform legacy coupon sites in trust and efficiency.
Technical Architecture: Technically, BitKoop is mostly implemented in Python (over 90% of the code) with some JavaScriptfor the web automation parts. The core repository (BitKoopLabs/BitKoop on GitHub) contains modules for the subnet node (validator), the coupon validation logic, and scripts for miners. When running, the system involves decentralized nodes (miners and validators) communicating over the Bittensor network (which itself is built on a substrate blockchain). The Subnet’s consensus handles who gets rewarded: BitKoop likely employs a custom incentive model where validators assign “weights” to miners based on the quality (validity/longevity) of their submitted coupons, similar to how other Bittensor subnets weight contributions. A scoring formula is defined (considering coupon age and a weight factor) to normalize miner scores. This determines the share of the subnet’s token emissions each miner earns. In essence, miners get more “weight” (reward share) for finding newer, valuable codes, and validators earn by accurately scoring these coupons. All this happens on-chain within Subnet-16’s logic, providing a trustless reward mechanism.
BitKoop’s build is still evolving. The coming-soon website and the Shopify integration are the most tangible “products” users will interact with, while the underlying build – a combination of blockchain, automation scripts, and community-run nodes – is already live powering the network.
The BitKoop team announced they had brought on a new CEO to lead the brand on Subnet-16, with an “entirely new infrastructure” and a “fresh direction” for the project. (The CEO’s identity wasn’t publicly disclosed in the announcement tweet, but his vision was touted as game-changing by the team.) This marked the true beginning of BitKoop – effectively a new startup built on the subnet slot acquired from HashTensor. Community members noted “New team. New objectives.” and wished them luck, indicating a full handover of the project to this new leadership.
BitKoop is developed under the banner “BitKoop Labs.” The core contributors have kept relatively low profiles (common in early Bittensor subnets), focusing on building the product before publicizing individual team members. What is known is that the CEO is steering the business and partnership strategy (e.g. forging affiliate network deals, Shopify integration), while at least one lead developer (likely the author of the GitHub code, under the handle ydc-p-dev) is responsible for the technical architecture. The project’s communication is handled via the official X (Twitter) account @BitKoop, which provides updates on development progress.
In summary, BitKoop’s team can be characterized as a new, energized group formed in late 2024, consisting of a CEO (lead visionary/business head) and a small dev team. They took over SN16 with the goal of building a sustainable subnet business (discount code platform) in the Bittensor ecosystem. The original founders of HashTensor/BitAds have stepped back after the transfer. The current team’s focus is executing the roadmap (see below) – delivering the web platform, growing the user base, and integrating more stores – to realize BitKoop’s potential. They have actively engaged with the Bittensor community for feedback (e.g. discussing validator concerns and technical issues on X) and appear committed to transparency and long-term development rather than quick profit. As the subnet grows, we can expect the team to become more public, but for now the project is in that heads-down building phase under the guidance of its new leadership.
The BitKoop team announced they had brought on a new CEO to lead the brand on Subnet-16, with an “entirely new infrastructure” and a “fresh direction” for the project. (The CEO’s identity wasn’t publicly disclosed in the announcement tweet, but his vision was touted as game-changing by the team.) This marked the true beginning of BitKoop – effectively a new startup built on the subnet slot acquired from HashTensor. Community members noted “New team. New objectives.” and wished them luck, indicating a full handover of the project to this new leadership.
BitKoop is developed under the banner “BitKoop Labs.” The core contributors have kept relatively low profiles (common in early Bittensor subnets), focusing on building the product before publicizing individual team members. What is known is that the CEO is steering the business and partnership strategy (e.g. forging affiliate network deals, Shopify integration), while at least one lead developer (likely the author of the GitHub code, under the handle ydc-p-dev) is responsible for the technical architecture. The project’s communication is handled via the official X (Twitter) account @BitKoop, which provides updates on development progress.
In summary, BitKoop’s team can be characterized as a new, energized group formed in late 2024, consisting of a CEO (lead visionary/business head) and a small dev team. They took over SN16 with the goal of building a sustainable subnet business (discount code platform) in the Bittensor ecosystem. The original founders of HashTensor/BitAds have stepped back after the transfer. The current team’s focus is executing the roadmap (see below) – delivering the web platform, growing the user base, and integrating more stores – to realize BitKoop’s potential. They have actively engaged with the Bittensor community for feedback (e.g. discussing validator concerns and technical issues on X) and appear committed to transparency and long-term development rather than quick profit. As the subnet grows, we can expect the team to become more public, but for now the project is in that heads-down building phase under the guidance of its new leadership.
The BitKoop roadmap is structured in phases, outlining the project’s progression from launch to full-scale platform. According to the official plan in their documentation:
Phase 1 – Launch & Core Infrastructure: Status: Completed (Mid-2024). This initial phase focused on getting the BitKoop subnet live on Bittensor and releasing the basic tools for contributors. Key deliverables were: launching Subnet-16 under the BitKoop brand and publishing the BitKoop CLI for miners. By accomplishing this, the team enabled community members to start mining (submitting coupons) and established the core network economy. (Phase 1 coincided with the transition from HashTensor to BitKoop – effectively setting up the new subnet parameters and token after the takeover.)
Phase 2 – Public Platform & Partnerships: Status: In Progress (Late 2024 – 2025). This is the current focus. The goals in Phase 2 are centered on expanding access and utility:
Phase 3 – Scale-Up & Expansion: Status: Upcoming. Once the platform is live and initial partnerships are in place, BitKoop will scale its breadth of coverage. The plans for Phase 3 include:
Each phase builds on the previous one: after establishing a working network (Phase 1) and a user-facing product plus revenue channels (Phase 2), Phase 3 is about growth and sustainability at scale. The end-goal is a fully functional decentralized coupon ecosystem that can continuously grow with its user base.
In addition to these phases, BitKoop will likely iterate on features like improved scoring algorithms, community governance (if any), and perhaps even AI/ML enhancements (given Bittensor’s AI roots, one could imagine future use of AI to predict good coupons or detect fraudulent ones). But as of now, the publicly shared roadmap sticks to the concrete deliverables above.
Current Status: BitKoop has successfully transitioned into this new coupon-focused subnet and has miners & validators running. The CLI is out, and development updates (such as the Shopify app pending approval) indicate Phase 2 is underway. The community is eagerly awaiting the public launch of the website, which will mark BitKoop’s debut to end-users. From there, executing on partnerships and scaling up will determine how impactful Subnet-16 becomes in the Bittensor and retail coupon space. The roadmap shows an ambitious trajectory, but if fulfilled, BitKoop could become the Web3-powered successor to popular coupon platforms, fueled by the very users who benefit from it.
The BitKoop roadmap is structured in phases, outlining the project’s progression from launch to full-scale platform. According to the official plan in their documentation:
Phase 1 – Launch & Core Infrastructure: Status: Completed (Mid-2024). This initial phase focused on getting the BitKoop subnet live on Bittensor and releasing the basic tools for contributors. Key deliverables were: launching Subnet-16 under the BitKoop brand and publishing the BitKoop CLI for miners. By accomplishing this, the team enabled community members to start mining (submitting coupons) and established the core network economy. (Phase 1 coincided with the transition from HashTensor to BitKoop – effectively setting up the new subnet parameters and token after the takeover.)
Phase 2 – Public Platform & Partnerships: Status: In Progress (Late 2024 – 2025). This is the current focus. The goals in Phase 2 are centered on expanding access and utility:
Phase 3 – Scale-Up & Expansion: Status: Upcoming. Once the platform is live and initial partnerships are in place, BitKoop will scale its breadth of coverage. The plans for Phase 3 include:
Each phase builds on the previous one: after establishing a working network (Phase 1) and a user-facing product plus revenue channels (Phase 2), Phase 3 is about growth and sustainability at scale. The end-goal is a fully functional decentralized coupon ecosystem that can continuously grow with its user base.
In addition to these phases, BitKoop will likely iterate on features like improved scoring algorithms, community governance (if any), and perhaps even AI/ML enhancements (given Bittensor’s AI roots, one could imagine future use of AI to predict good coupons or detect fraudulent ones). But as of now, the publicly shared roadmap sticks to the concrete deliverables above.
Current Status: BitKoop has successfully transitioned into this new coupon-focused subnet and has miners & validators running. The CLI is out, and development updates (such as the Shopify app pending approval) indicate Phase 2 is underway. The community is eagerly awaiting the public launch of the website, which will mark BitKoop’s debut to end-users. From there, executing on partnerships and scaling up will determine how impactful Subnet-16 becomes in the Bittensor and retail coupon space. The roadmap shows an ambitious trajectory, but if fulfilled, BitKoop could become the Web3-powered successor to popular coupon platforms, fueled by the very users who benefit from it.
BitKoop Update 2 $TAO
We’ve listened carefully to the concerns raised by the community and validators. After many meetings and hours of work, we’re excited to share that we’ve found the perfect solution to fix all the current issues.
All of this will be solved through the…
After talking with validators, a couple of potential issues came up. $TAO
•Liability – some validators don’t want to risk being held responsible for possibly breaching website TOCs (even though we’re not scraping anything, just checking if codes work).
•Proxies & costs –…
BitKoop SN16 GitHub repository is now LIVE! $TAO
👉Dive into the code.
👉Contribute.
👉Help us reshape the $200B coupon industry.
Let’s build the future of discounts, together - right here on Bittensor!
Link below!
🚨BIG UPDATE FOR BITTENSOR SUBNET 16! $TAO
We’ve brought on a CEO to lead our new brand on SN16.
His vision blew our minds and we couldn’t say no.
Together, we’re now on a brand-new mission.
⚡ Entirely new infrastructure.
⚡ Fresh direction.
⚡ Same relentless drive.…
Additional info:
- the current HashTensor subnet infrastructure will stop tomorrow, August 19th, at 7:00 AM UTC.
- the BitKoop GitHub repository will become public tomorrow, August 19th, at 9:00 AM UTC.
- all $KAS mined will be used to buy SN16 alpha, and all of it will be…
