Let’s talk about Bittensor ($TAO ), a fascinating project that aims to revolutionize the development of machine learning platforms by decentralizing the process and creating a peer-to-peer market for machine intelligence.
Bittensor’s native cryptocurrency is called $TAO . $TAO tokens are used for rewards, staking, governance, and payments within the network. The tokenomics follow a pattern similar to Bitcoin, with a maximum supply of 21 million tokens and a four-year halving cycle.
In summary, Bittensor’s journey from a decentralized protocol to a cryptocurrency reflects its commitment to democratizing AI and creating a global, open-source neural internet.