$276.60
+3.30 (+1.21%)24H
Bittensor price, last 12 months
497.20276.60145.90
Bittensor market data
- 24H High
- $277.10
- 24H Low
- $256.10
- 24H Volume
- 99.07K TAO
- All Time High
- $1,249.00
- All Time Low
- $140.00
- Correlation with BTC
- 0.01
- Return on Investment
- -37.11%
- Market Cap
- $3.01B
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, our 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 social sentiment
BullishBullish
- 47 Bullish
- 22 Neutral
- 18 Bearish
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Bittensor whitepaper summary
Bittensor is creating a revolutionary marketplace for artificial intelligence, where AI systems evaluate and reward each other directly.
Think of it like a digital farmers' market where AI models trade and value each other's intelligence, making it possible for anyone to contribute to and profit from AI development, not just big tech companies.
Since its launch in 2021, Bittensor has grown into a dynamic network with over 1000 validators and miners actively participating in the ecosystem.
Imagine a vast network of computers talking to each other across the internet, kind of like how we use social media to share ideas.
In Bittensor's network, instead of people sharing posts, AI models share their knowledge and capabilities with each other.
The really clever part is how these AI models rank each other - it's similar to how we might rate restaurants on a food delivery app, but here, AI systems are rating other AI systems based on how useful and valuable their intelligence is.
To make sure everyone plays fair, Bittensor uses something called a digital ledger (think of it as a super-secure digital notebook) that keeps track of all these rankings.
The system is designed to be cheat-proof - even if up to half of the network tries to game the system, the honest participants will still come out on top.
This creates a marketplace where AI developers can contribute their work and get paid based on how valuable other AI systems find their contributions, rather than just how well they perform on specific tests.
As of 2023, the network has evolved to support multiple 'subnets' - specialized networks focused on specific AI tasks like text generation, image processing, and data analysis.
The Bittensor network uses a token called TAO to reward participants who contribute valuable AI intelligence to the network.
Think of these tokens like points in a loyalty program, but with real value.
When an AI system in the network is ranked highly by its peers, its creator earns more TAO tokens and gets more influence in the network.
This creates a fair system where the most valuable contributors naturally rise to the top and are rewarded accordingly.
The token system helps maintain the network's integrity by giving participants a financial stake in its success, encouraging them to contribute honestly and meaningfully.
As of 2023, TAO has established itself as a significant cryptocurrency with a fixed supply of 21 million tokens, similar to Bitcoin's model.
The network implements a unique emission schedule where rewards are distributed every 12 seconds to validators and miners based on their contributions.
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Bittensor FAQ
Bittensor (TAO) is trading at $276.60, up 1.21% over the last 24 hours.
The market cap of Bittensor is $3.01B, ranking #32 among cryptocurrencies.
Our model's year-end 2026 target for TAO is $234.67.
Our model's 2030 target for TAO is $55.02.
On the daily chart TAO currently shows 3 buy signals and 2 sell signals. This is not investment advice.
The all-time high of TAO is $1,249.00.
This page is for informational purposes only and is not investment advice. Cryptocurrency prices are highly volatile.