Bittensor (TAO)
Bittensor is a decentralized network that applies blockchain incentives to artificial intelligence and machine learning. Its native token, TAO, is used within a system where participants contribute machine intelligence, evaluate outputs, and receive rewards based on the value their work provides to the broader network. Rather than treating AI models as products controlled by a single company, Bittensor attempts to create an open market in which model builders, validators, and users interact through transparent economic incentives.
The protocol is open source and organized around specialized subnetworks, often called subnets, that can focus on different machine learning tasks or services. Contributors compete to provide useful outputs, while validators assess performance and help determine how rewards are distributed. This design gives Bittensor a distinctive role in the crypto sector: it is not simply a payments network or smart-contract platform, but an incentive layer for decentralized AI development.
TAO functions as the economic asset of the ecosystem. It is used to reward contributors, coordinate participation, and provide access to the network’s machine intelligence resources. The token also represents exposure to the project’s broader goal of making AI infrastructure more open, permissionless, and community-owned.
Bittensor’s appeal is tied to two major themes: the rapid growth of artificial intelligence and the crypto industry’s interest in decentralized alternatives to centralized platforms. Its model seeks to harness globally distributed computing talent and innovation, rewarding participants in proportion to the informational value they add. If successful, Bittensor could serve as a marketplace for AI capabilities built around open access and token-based coordination.
Last updated
- Market Cap
- $1.9B
- Fully Diluted Valuation
- $4B
- 24 Hour Trading Vol
- $90.8M
- Circulating Supply
- 9.6M
- Total Supply
- 21M
- Max Supply
- 21M
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- Market Cap
- $1,850,563,249
- Fully Diluted Valuation
- $4,049,165,372
- 24 Hour Trading Vol
- $90,832,036
- 24h High
- $194.10
- 24h Low
- $187.02
- 24h Change
- -0.64%
- 7d Change
- -1.57%
- 30d Change
- -5.48%
- 1y Change
- -49.12%
- Market Cap Rank
- #42
- Market Cap Rank (rehypothecated)
- #53
- Circulating Supply
- 9,597,491
- Total Supply
- 21,000,000
- Max Supply
- 21,000,000
- All-time high
- $757.60 (-74.55%) · 8 Mar 2024, 5:45 am
- All-time low
- $30.83 (+525.40%) · 14 May 2023, 6:57 pm
- Website bittensor.com
- Whitepaper bittensor.com/whitepaper
- Block explorer taostats.io
- Block explorer bittensor.ai/explorer
- X / Twitter twitter.com/opentensor