OMEGA Labs
SN24
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
SN24 (OMEGA Labs) operates as Bittensor Subnet 24 focused on decentralized multimodal data collection and verification. The project exhibits significant data gaps: Community Support and Security & Audit History both received insufficient data scores (-1.0) due to an evidence vacuum and inability to locate project-specific channels or audits. Among the evaluated sections, Active Development scored low (2.0/10) due to a complete lack of attributable commit activity, releases, or changelogs. Tokenomics (4.5/10) and Market & Use Case (4.0/10) reflect substantial future dilution risks with only ~25% of the 21M max supply circulating, paired with modest trading volume ($0 to ~$263k) and an unproven enterprise demand profile. Team & Governance (4.0/10) is constrained by anonymous leadership and reliance entirely on Bittensor's base layer governance without dedicated subnet-level mechanisms. No qualifying red-flag events or evidence of deliberate fraud were identified, but the overall profile suffers from high opacity and structural dilution risks.
Development Activity
Code updates and developer engagement
Community Support
Social media presence and community engagement
Tokenomics
Supply, distribution, and utility
Market & Use Case
Value proposition and competitive landscape
Team & Governance
Team background and project governance
Security & Audits
Security history and audit status
About OMEGA Labs (SN24)
SN24 represents OMEGA Labs, operating as Subnet 24 on the Bittensor network. The project is designed as a decentralized multimodal data collection and verification network that rewards contributors for providing diverse data types, including text, audio, video, and images, intended for artificial intelligence model training. The subnet participates in the dynamic subnet mechanics implemented under Bittensor's dTAO framework in February 2025.
The tokenomics of SN24 feature a maximum supply cap of 21 million tokens, with a circulating supply of approximately 3.78 million and a total supply of roughly 4.49 million. The system utilizes dynamic emissions alongside a token burn mechanism. Governance and consensus are inherited directly from the underlying Bittensor network and its TAO staking model, rather than through a dedicated subnet-level decentralized autonomous organization (DAO).
The project faces notable structural and transparency risks. Leadership and development teams remain anonymous, with no publicly disclosed vesting schedules or detailed token allocation breakdowns. Evaluated metrics indicate an absence of public development changelogs or attributable repository activity, and no third-party security audits have been confirmed for the subnet. Furthermore, with approximately 25% of the total 21 million maximum supply in circulation, the asset presents potential long-term dilution pressure amid low and inconsistent trading volume.