#47

Bittensor

TAO
0.00479954 BTC
$454.15
24h: -2.69% 7d: -17.98%
All Time High $757.6 Mar 7, 2024
24h
$443.7 $469.87
24h Volume $239.75M

Price Chart

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.

Categories

Artificial Intelligence (AI) Smart Contract Platform Layer 1 (L1) DePIN Polychain Capital Portfolio

Market Data

Rank
#47
Market Cap
$3.41B
Volume
$239.75M
Circulating Supply
7.38M TAO
Total Supply
21M TAO
Max Supply
21M TAO

Additional Information

Genesis Date
24h Market Cap Change
$212.02M
24h Market Cap Change %
6.63%