Real-Time Data by Masa
SN42
Evaluation Score
Overall rating on a scale of 0-10
Dimension Breakdown
AI Analysis
Comprehensive evaluation of the token
SN42 (Real-Time Data by Masa) is a Bittensor subnet token (Subnet 42) designed to incentivize decentralized real-time data scraping and provision for AI applications. Active development shows positive momentum with maintained semver release tags, v2.10.0 scoring mechanics, and documentation for Subnet Data APIs and TEE miners. However, the token suffers from severe market and structural weaknesses, including micro-cap liquidity (~$3,000 daily volume against a ~$3.18M market cap), an unrecovered ~78% drawdown from its all-time high, centralized subnet governance without documented DAO voting, and lack of detailed vesting disclosures. Significant data gaps exist in Community Support and Security & Audit History (-1.0 each), as retrieved sources contained no verifiable community channel metrics and security results erroneously conflated the project with an unrelated enterprise software (Masa CMS). No qualifying red-flag events or confirmed fraud were identified. Excluding the two data-deficient sections and proportionally redistributing weights across the remaining four categories results in an overall score of 4.7.
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 Real-Time Data by Masa (SN42)
SN42 (Real-Time Data by Masa) is a subnet incentive token operating on the Bittensor network (Subnet 42). Managed by the Masa project, the subnet functions as a decentralized real-time data network intended to supply structured data for artificial intelligence applications. The protocol coordinates data harvesting and validation through components such as Subnet Data APIs, X (formerly Twitter) scraper miners, and Trusted Execution Environment (TEE) miners and validators, employing dynamic token emissions and burn mechanics to distribute network rewards.
Development on the subnet has included versioned releases such as v2.10.0, which integrated an updated scoring system. The project is managed by Masa, which previously developed other decentralized data and credit products before establishing the AI data network. Governance for SN42 remains centralized at the subnet operator level, with no documented decentralized autonomous organization (DAO) or direct token-holder voting mechanisms.
SN42 faces notable liquidity and market constraints, maintaining a daily trading volume of roughly $3,000 to $3,500 against a market capitalization of approximately $3.18 million. The token has experienced a significant price drawdown, trading approximately 78% below its June 2025 all-time high of $2.99. Additionally, comprehensive public documentation regarding structured token vesting schedules, maximum supply caps, and independent smart contract audits remains limited.