BittensorTAO
Market snapshot
Bittensor (TAO) ranks #36 by market capitalization, with a total market value of $2.98B. Over the past 24 hours its price fell 0.05%, trading between $254.69 and $263.37, with $144.59M in trading volume. 11.34M TAO are in circulation — 54% of the maximum supply of 21M. The price is 65.3% below its all-time high of $757.60.
This summary is generated automatically from the live figures on this page and is not investment advice.
Market stats
- Market Cap
- $2.98B
- 24h Volume
- $144.59M
- 24h high
- $263.37
- 24h low
- $254.69
- Circulating supply
- 11.34M TAO
- Max supply
- 21M TAO
- All-time high
- $757.60
- All-time low
- $30.83
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.
Description courtesy of CoinGecko.
Key facts & links
- Categories
- Artificial Intelligence (AI)Smart Contract PlatformLayer 1 (L1)DePINBittensor EcosystemPolychain Capital Portfolio
Official links
Understand these numbers
Market data by CoinGecko · Prices are for information only and are not investment advice.