Bittensor TAO
Cryptocurrency · Layer 1 · Proof of Stake (PoS) · launched in 2023
№31of 40 004
- $255.30
- Price −1.69%
- $2.94 billion
- Capitalization
- $123.94 million
- Volume over 24 hours
- 0.11%
- Dominance
About the coin
- Circulating supply
- 11.65 million TAO
- Total supply
- 21 million TAO
- Maximum supply
- 21 million TAO
- Fully diluted capitalization
- $5.3 billion
- 24h high
- $269.90
- 24h low
- $250.40
Bittensor (TAO) is a revolutionary decentralized layer-1 network designed for machine learning and artificial intelligence. The platform functions as an open global marketplace for computing power and AI models. The project architecture consists of specialized isolated subnets (Subnets), each solving specific tasks: from text and image generation to complex data analysis.
The network operates on an energy-efficient Proof-of-Stake (PoS) consensus mechanism combined with the Yuma algorithm. The native TAO token is used as a reward for miners and validators providing the best AI solutions, as well as for paying network services, staking, and governance.
Additional information
FAQ
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Bittensor is a decentralized layer-one blockchain that combines artificial intelligence and machine learning technologies. The platform operates as a global open marketplace where independent developers from around the world can combine their AI models, share knowledge, and receive rewards, creating an alternative to centralized AI giants.
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Unlike classical Bitcoin mining, where computers solve meaningless math problems, mining in Bittensor involves training and providing AI models. Miners compete on the quality of their outputs (e.g., text generation, code, or image recognition). The more accurate and useful a miner's model, the larger share of TAO token rewards they receive.
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The Bittensor architecture is divided into specialized subnets — Subnets. Each subnet is an isolated mini-market optimized for a specific AI task: one handles text translation, another generates audio, a third stores data or collects web information. Any developer can purchase a slot and launch their own custom subnet.
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Safety and objectivity of accruals are regulated by Yuma's unique consensus. Network validators continuously test miner models and rate them. Based on these decentralized ratings, the algorithm mathematically calculates each participant's contribution, eliminating human bias, nepotism, or result manipulation.
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The native TAO token is the primary economic engine of the network. It is used to pay rewards to miners and validators, serves as a payment method for purchasing AI services and accessing subnet capabilities, is applied in staking to ensure blockchain security, and grants token holders voting rights in decentralized governance of platform development.
Legal status of crypto assets in Uzbekistan
This section is for reference only and shows global market data. MONIQ is not a crypto asset service provider, does not carry out operations with crypto assets and does not give individual investment advice.
- Crypto assets are not legal tender in the Republic of Uzbekistan: they cannot be used to pay for goods and services, except in cases directly established by law.
- Residents may buy, sell and exchange crypto assets only through providers licensed by the NAPP — crypto exchanges, crypto shops, crypto depositories and mining pools registered as legal entities resident in Uzbekistan.
- The register of licences is maintained by the National Agency of Perspective Projects. Licences are issued and revoked, so the composition of the register changes — check the status of a venue at the moment of the transaction.
- Until 1 January 2029 transactions with crypto assets are not subject to taxation, and income from them is not included in aggregate income.
- Crypto assets are not traded on the RSE «Toshkent» and are not available through a broker account. There are no guaranteed returns, investments are not insured, and the price may change by tens of percent in a short time.
The information does not replace legal advice. Regulation changes — before any transaction check the current wording of the law and the register of licences at .