Have you heard about the AI token $TAO? ๐
Why is it so special?
Why should you care?
Is $TAO the gem you had been looking for in 2023?
Letโs find out in this thread ๐
Why is it so special?
Why should you care?
Is $TAO the gem you had been looking for in 2023?
Letโs find out in this thread ๐
What is the AI boom in 2023?
๐น If you have been on the internet in 2023, you know AI is here and booming.
๐น OpenAIโs famous ChatGPT has a billion visits to the website every month.
๐น AI is now in the hands of the everyday person.
๐น If you have been on the internet in 2023, you know AI is here and booming.
๐น OpenAIโs famous ChatGPT has a billion visits to the website every month.
๐น AI is now in the hands of the everyday person.
AI in crypto ?
๐น AI based coins in crypto have done remarkably well since late 2022.
๐น Coins like $FET, $RNDR, $AGIX have done 5-10x in a very short space of time.
๐น AI based coins in crypto have done remarkably well since late 2022.
๐น Coins like $FET, $RNDR, $AGIX have done 5-10x in a very short space of time.
What is Bittensor and $TAO ?
๐นThink of this problem, currently OpenAI has all our data.
๐น Bittensor is an open-source protocol that powers a decentralized, blockchain-based machine learning network.
๐น In fact, it is the largest decentralized neural network in the world.
๐นThink of this problem, currently OpenAI has all our data.
๐น Bittensor is an open-source protocol that powers a decentralized, blockchain-based machine learning network.
๐น In fact, it is the largest decentralized neural network in the world.
๐น Bittensor's goal is to create a network on which information compounds, which means a new model doesnโt have to relearn everything a previous version of the same model already learned.
๐น One of the Co-founders, Jacob Steeves, called it a continues machine learning library.
๐น One of the Co-founders, Jacob Steeves, called it a continues machine learning library.
The $TAO token
๐น Creating a pure incentivized market for artificial intelligence where consumers and producers can interact in a trustless, open and transparent context.
๐น Value of $TAO correlates to the value of intelligence produced by the network.
๐น Creating a pure incentivized market for artificial intelligence where consumers and producers can interact in a trustless, open and transparent context.
๐น Value of $TAO correlates to the value of intelligence produced by the network.
๐น A very interesting fact - $TAO follows same supply and halving schedule as #Bitcoin.
TOKENOMICS
๐น Bittensor โfair launchedโ (no tokens were pre-mined) in 2021.
๐น The supply of $TAO is 21,000,000, and there is a halving cycle such that for every 10.5 million blocks, rewards per block halve.
๐น Bittensor โfair launchedโ (no tokens were pre-mined) in 2021.
๐น The supply of $TAO is 21,000,000, and there is a halving cycle such that for every 10.5 million blocks, rewards per block halve.
๐น Currently, every 12 seconds (one blockstep), a single Tao emits into the network. There will be 64 halving events, with the first occurring in August 2025.
๐น Follow thisย linkย to view the current supply and block number - explorer.finney.opentensor.ai
๐น Follow thisย linkย to view the current supply and block number - explorer.finney.opentensor.ai
How does Bittensor actually work?
๐น I think this is a little beyond the scope of an average reader but if you are interested, we would love to recommend this awesome thread by .@EyeOfCyber
๐น I think this is a little beyond the scope of an average reader but if you are interested, we would love to recommend this awesome thread by .@EyeOfCyber
$TAO Price
๐น Even though we refrain from saying so and this is NFA, we believe $TAO right now has a wonderful opportunity.
๐น Even though we refrain from saying so and this is NFA, we believe $TAO right now has a wonderful opportunity.
๐น To learn more about $TAO, you can read their paper - drive.google.com
For more updates and info about $TAO, do not forget to follow these legends -
@RevoltCap
@CryptoTubylec
@ParabolicPump
@DreadBong0
@CryptoSGiants
@Timo4IR
@CryptoYusaku
@FloBro__
@RvCrypto (Special thanks)
@Fibonaccious
@0x_Sats
@EyeofCyber
@RevoltCap
@CryptoTubylec
@ParabolicPump
@DreadBong0
@CryptoSGiants
@Timo4IR
@CryptoYusaku
@FloBro__
@RvCrypto (Special thanks)
@Fibonaccious
@0x_Sats
@EyeofCyber
@RevoltCap @CryptoTubylec @ParabolicPump @DreadBong0 @CryptoSGiants @Timo4IR @CryptoYusaku @FloBro__ @RvCrypto @Fibonaccious @0x_Sats @EyeofCyber If you enjoyed this thread:
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