Subnet Session with Brendan Playford from Gopher: Subnet 42

Gopher (ex-Masa) / Subnet 42 provides cryptographically verified, AI-ready data via a network of ~256 miners running trusted execution environments to scrape and normalise web/X/Reddit/TikTok plus large financial price feeds. Devs use a UI + API (credit-based billing) and a built-in vector DB to aggregate/search topics and power apps. Traction: ~77k users across products (≈54k on AI Insights; ≈20k on a new trading tool), ~$1M ARR, ~1k paying on the trading app launched ~2 weeks ago. That app ingests multi-timeframe price data, generates trade setups, and can execute on Hyperliquid; team claims ~65% win rate with ~1:4 risk-reward on internal accounts and will publish on-chain trading wallets.

Strategy & token alignment: Gopher is migrating Masa to a Cosmos L1 (“Gopher”) focused on data aggregation/apps (Q1 launch target). Subnet 42 remains the data engine; enterprise and app customers pay fiat credits, and usage-based revenue from Gopher’s stack flows to SN42 for the data it supplies. The plan is for Alpha holders on SN42 to govern revenue use (buybacks, treasury, growth, etc.), keeping value with the miners who create it. Near-term focus: expand financial feeds (~100k assets), improve low-latency delivery (~26 ms), add social/news signals into trading, and explore a fund/vaults that trade the signals—while continuing to court market makers, prop funds, and other subnets that need dependable, verifiable data.