Subnet 55
Precog
Coin Metrics
Precog is a high-frequency Bitcoin forecasting subnet that predicts price movements using decentralized AI.
SN55 : Precog
| Subnet | Description | Category | Company |
|---|---|---|---|
| SN55 : Precog | Bitcoin price forecasting | Predictive systems | CoinMetrics.io |
Introducing Precog – A Cutting-Edge Bitcoin Forecasting Subnet. Every five minutes, Precog generates a precise forecast for Bitcoin’s price one hour into the future, giving users real-time insights powered by decentralized machine learning. This high-frequency prediction system highlights the incredible potential of AI-driven forecasting in financial markets, helping users stay ahead of price movements with greater confidence.
To ensure the highest level of accuracy, Precog integrates Coin Metrics’ trusted network and market datasets. These comprehensive, institution-grade datasets provide a solid foundation of reliable and transparent financial data, allowing the subnet’s machine learning models to make well-informed, data-driven forecasts. As the leading provider of crypto financial intelligence, Coin Metrics delivers network data, market data, indexes, and risk solutions to the most influential institutions in the crypto space. Since 2017, they have set the gold standard for authentic and accurate data, ensuring that the crypto economy is built on a foundation of truth. Their extensive dataset includes 40+ exchanges and over 140 free metrics, making them a trusted source for deep market insights.
The Precog Subnet provides a competitive environment where top analysts can showcase their strategies and insights into Bitcoin price movements. It serves as a platform to identify and recruit the most skilled forecasters, enabling them to share their expertise with the wider community. By leveraging Bittensor’s subnet framework, multiple perspectives can compete, working collectively to eliminate noise from price signals. This open ecosystem rewards individuals with unique market knowledge, allowing them to benefit personally while contributing valuable insights to the public.
You’re stepping into the future of market prediction with the Precog Subnet, designed to deliver high-resolution Bitcoin price forecasts powered by Coin Metrics’ Community API. The role as a miner is to generate two key outputs every five minutes: a point forecast predicting Bitcoin’s price exactly one hour ahead and an interval forecast capturing the expected price range—its highest and lowest values—within that same hour. Validators will assess the predictions an hour later, ensuring the accuracy and reliability of the network.
Unlike traditional derivatives markets, which require complex interpretation of contracts, strike prices, and expiration dates to extract meaningful probabilities, users are part of a subnet that simplifies everything. Precog isn’t a market—it’s an intelligence network dedicated to refining raw data into actionable insights. Miners are responsible for transforming market data into direct answers: What’s the most likely price? How much will it vary? Miners have the freedom to use whatever methods work best, while consumers benefit from easy-to-use predictions that require minimal post-processing.
And this is just the beginning. There are already plans to expand how the subnet’s outputs can be utilized, and as the community grows, so will its capabilities. A dashboard is in the works, allowing the public to track forecast performance over time, making the Precog Subnet an invaluable tool for traders, analysts, and financial innovators.
Unrivalled Forecasting: Help generate high-speed, highly accurate Bitcoin price predictions.
Elite Data Access: Develop your models with Coin Metrics’ top-tier financial datasets.
Decentralised Intelligence: Be part of a community-driven movement transforming financial analytics.
Open Innovation: Contribute to and benefit from shared knowledge, driving collective progress.
By joining Precog, you’re not just mining—you’re pioneering the future of decentralised finance and reshaping crypto market intelligence.
Coin Metrics’ core purpose is to illuminate truth and accelerate value creation within the emerging crypto economy. They aim to be the trusted partner for crypto economic data intelligence and innovation by organising the world’s crypto data, making it both transparent and accessible. They champion transparency and believe in the power of open, public crypto networks, dedicating themselves to making data available to the community and supporting open-source contributions. As pioneers in the field, they set the industry standard for analysing and monitoring crypto networks and assets, driving continuous innovation and guiding the digital finance space with intellectual power and problem-solving expertise. While they deeply understand the crypto landscape, they remain committed to collaboration, partnering with the industry and their clients to uncover and share valuable insights, ensuring they stay at the forefront of this dynamic and rapidly evolving sector.
Tim Rice – Co-founding CEO