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Bittensor TAO

Rank #42
$222.283.60%24h

24h range $218.72$249.95

Artificial Intelligence (AI)Smart Contract PlatformLayer 1 (L1)DePINBittensor EcosystemPolychain Capital Portfolio

Bittensor price chart · 30D

Bittensor market statistics

Market capitalisation
$2.14B
Fully diluted valuation
$4.67B
24h trading volume
$300.77M
Volume / market capHigher values indicate more active trading
0.1408
Circulating supply
9.6M TAO
Total supplyMinted so far, including tokens not yet in circulation
21M TAO
Max supply
21M TAO
Market cap / FDVBelow 1 means supply is still being released
0.46
All-time high
$757.60
From all-time highSet Mar 7, 2024
-70.66%
All-time low
$30.83
From all-time lowSet May 14, 2023
+620.98%
Price in BTC
0.00288412 BTC
Community sentimentCoinGecko user votes, not a measure of fundamentals
51.2% positive
On watchlists
198,211 users
Circulating vs max supply45.7%

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.

Project description supplied by CoinGecko. It reflects the team's own positioning and is not an endorsement.

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