Bittensor TAO

Rank #39Artificial Intelligence (AI)Smart Contract PlatformLayer 1 (L1)
$217.56
24h −2.27%7d −7.83%30d −21.56%
D
Health grade
54 / 100
Elevated

Updated 55 minutes ago

Key figures

Market cap
$2.55B
FDV
$2.55B
24h volume
$61.52M
Circulating supply
55.7%
All-time high
$757.60
−71.28% · 2024-03-07
TVL
—
1-year change
−43.77%
90-day volatility
87.5%

Price (USD)

Drag the chart left to load earlier history.

Health score

D
Size 25%
60
Liquidity 25%
44
Supply 15%
78
Security 20%
50
Stability 15%
45

The health score combines size, exchange liquidity, supply dilution, contract security and price stability from public data. It is a quick screening aid, not a recommendation.

Tokenomics

Circulating
11.71M
Total supply
11.71M
Max supply
21.00M

Market cap is 100.0% of fully diluted value. Lower values mean more tokens are still to be released.

Contract security

Contract security data is not available for this token.

Liquidity & trading

Binance · TAOUSDT
24h turnover
$7.22M
24h trades
53,049
Bid/ask spread
4.60 bp
Order-book depth ±2%
$738.68K

About the project

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.