Bittensor
Bittensor (tao) is trading at $238.19 USD, down 3.91% in the last 24 hours. The price updates live on Vault.
About Bittensor
Bittensor is an open-source protocol that powers a decentralized, blockchain-based machine learning network. Machine learning models train collaboratively and are rewarded in TAO according to the informational value they offer the collective. TAO also grants external access, allowing users to extract information from the network while tuning its activities to their needs.
Ultimately, BitTensors vision is to create a pure market for artificial intelligence, an incentivized arena in which consumers and producers of this valuable commodity can interact in a trustless, open and transparent context.
Bittensor enables:
-A novel, optimized strategy for the development and distribution of artificial intelligence technology by leveraging the possibilities of a distributed ledger. Specifically, its facilitation of open access/ownership, decentralized governance, and the ability to harness globally-distributed resources of computing power and innovation within an incentivized framework.
-An open-source repository of machine intelligence, accessible to anyone, anywhere, thus creating the conditions for open and permission-less innovation on a global internet scale.
-Distribution of rewards and network ownership to users in direct proportion to the value they have added.
Bittensor (tao) is ranked #38 by market capitalisation, at $2.72B. Its all-time high is $757.60, set on 7 Mar 2024. 11.67M tao are in circulation, out of a maximum supply of 21M.
tao on Vault
- Swap into tao from other tokens on Base and Robinhood Chain.
- Trade tao perpetual futures on Hyperliquid with up to 5x leverage.