Market data for Bittensor

Price 653,41€

Price change (24H) -1,24 %

Price change (7D) 23,01 %

Market capitalization 4.822.823.196,42€

Diluted market cap 13.721.578.583,76€

Volume (24H) 442.867.385,05€

Max supply 21.000.000 TAO

Total supply 21.000.000 TAO

About Bittensor

Bittensor is an open source protocol that uses blockchain technology to create a decentralised machine learning network. This network allows machine learning models to be collaboratively trained and rewarded in TAO based on the informational value they provide to the collective. In addition, Bittensor's TAO grants external access to users, allowing them to extract information from the network as they adjust their activities to meet their needs. Bittensor's ultimate vision is to create a marketplace for artificial intelligence, allowing producers and consumers of this good to interact in a trustless, open and transparent context. Bittensor provides a novel strategy for the development and distribution of artificial intelligence technology, promoting open access/ownership, decentralised governance and global access to computing power and innovation within an incentivised framework. The Bittensor network operates using two types of nodes, servers and validators, with evaluations based on the value of their responses. Nodes that add value to the network are rewarded with more participation (TAO), while low-value nodes are weakened and eventually deregistered.

📈 The price of Bittensor is rising

The value of 1 TAO is 653,41€ . That means, to purchase 5 TAO, you will need to pay 3.267,07€ . On the other hand, with 1,00€ , you can buy a total of 0,0015 TAO , while 50,00€ would allow you to make an acquisition of 0,077 TAO .

In the last 7 days, the price of Bittensor has increased by 23,01 % . Meanwhile, in the last 24 hours, the price has changed by -1,24 % .

Convert TAO to EUR

  • Amount03:53, 5/12/2024
  • 0.5 TAO 326,71€
  • 1 TAO 653,41€
  • 2 TAO 1.306,83€
  • 5 TAO 3.267,07€
  • 10 TAO 6.534,13€
  • 50 TAO 32.670,67€
  • 100 TAO 65.341,33€
  • 500 TAO 326.706,66€
  • 1000 TAO 653.413,32€

Convert EUR to TAO

  • Amount03:53, 5/12/2024
  • 0,50€ 0,00077 TAO
  • 1,00€ 0,0015 TAO
  • 2,00€ 0,0031 TAO
  • 5,00€ 0,0077 TAO
  • 10,00€ 0,015 TAO
  • 50,00€ 0,077 TAO
  • 100,00€ 0,15 TAO
  • 500,00€ 0,77 TAO
  • 1.000,00€ 1,53 TAO

Bittensor historical price

PriceVolumeMarketcap
Now 653,41€ 442.867.385,05€ 4.822.823.196,42€
One day ago 661,59€ 457.231.111,68€ 4.883.035.319,53€
One week ago 531,17€ 215.022.585,18€ 3.871.912.648,42€

FAQ

Bittensor (TAO) is a decentralised network that allows artificial intelligence (AI) models to communicate and collaborate with one another. Its aim is to create an ecosystem where participants can contribute to and monetise their AI models, encouraging innovation and collaboration in the field of artificial intelligence.

Bittensor operates on its own blockchain network, which is specifically designed to facilitate interaction between AI models. The network utilises a unique consensus mechanism that rewards participants for their contributions to the AI ecosystem.

Bittensor was co-founded by a team led by Ben Goertzel, a well-known researcher in artificial intelligence and CEO of SingularityNET. His expertise in AI and blockchain has been instrumental in the development of Bittensor.