Bittensor is a decentralized artificial intelligence (AI) network that leverages blockchain technology to create a marketplace for machine learning models. Here's an overview:
Key Features
- Decentralized AI Network: Bittensor allows developers to create, train, and deploy AI models in a decentralized manner.
- Tokenized Incentives: The TAO token $TAO
incentivizes contributors to provide high-quality AI models and validate their performance.
- Machine Learning Marketplace: Bittensor enables the buying and selling of AI models, promoting innovation and collaboration.
Benefits
- Improved AI Development: Bittensor's decentralized approach fosters a collaborative environment for AI development.
- Increased Transparency: The blockchain-based network ensures transparency and accountability in AI model development and deployment.
- New Economic Opportunities: Bittensor's tokenized incentives create new economic opportunities for AI developers and contributors ¹.
Bittensor Price and Market Data
- Current Price: $366.97 - $372.25 (slightly varying across sources)
- Market Capitalization: $3.192 trillion - $3.237 trillion
- 24-hour Trading Volume: $117.98 million - $123.078 million
- Circulating Supply: approximately 8.7 million TAO
- All-Time High: $757.60
Price Chart and Performance
- 1-hour: 0.73% - 1.54% increase
- 24-hour: 1.9% - 3.37% increase
- 7-day: 5.2% - 5.3% increase
- 1-month: 71.15% - 73.7% increase
You can view real-time price charts and market data on platforms like CoinGecko or Coinbase.
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