- Trade
- Products
- Markets
- More
Login
Sign Up
Sign Up
Login
Sign Up
Sign Up
Live TAO/INR Price
₹23,063
4.84%
Price Changes
₹1,116.25
4.84%
24h Low
₹21,338
24h High
₹23,170
Quantity
TAO
Price
INR
TRADE NOW
₹
₹
ADD ASSET TO COMPARE
Select a coin to compare
GENIUS
Genius terminal
SAND
The sandbox
HMSTR
Hamster kombat
PROM
Prom
BB
Bouncebit
MELANIA
Official melania meme
1000CHEEMS
Cheems (cheems.pet)
USDS
Usds
TLM
Alien worlds
GNS
Gains network
ZK
Zksync
DYM
Dymension
POL
Pol (ex-matic)
BNB
Binance coin
JST
Just
MARSCOIN
Marscoin
HAEDAL
Haedal protocol
ZRX
0x
FORM
Four
SHELL
Myshell
THE
Thena
ACT
Act i : the ai prophecy
HNT
Helium
GUN
Gunz
ATH
Aethir
ORDI
Ordi
RSR
Reserve rights
HUMA
Huma finance
MEMEFI
Memefi
STO
Stakestone
ADX
Heyaura
X
X empire
AIOZ
Aioz network
DEEP
Deepbook protocol
ERA
Caldera
KAS
Kaspa
LINK
Chainlink
GALA
Gala
GAS
Gas
RIF
Rootstock infra framework
ORCA
Orca
OPN
Opinion
PLUME
Plume
COOKIE
Cookie dao
GRASS
Grass
SOPH
Sophon
DGB
Digibyte
ACN
Aitech cloud network
COW
Cow protocol
FUN
Funtoken
KSM
Kusama
RESOLV
Resolv
GMX
Gmx
YFI
Yearn.finance
S
Sonic (prev. ftm)
SUPER
Superverse
KAVA
Kava
XRP
Ripple
ATOM
Cosmos
ALGO
Algorand
CAKE
Pancakeswap
QNT
Quant
USDC
Usd coin
UXLINK
Uxlink
RDNT
Radiant capital
BANANAS31
Banana for scale
ADA
Cardano
VINE
Vine coin
DRIFT
Drift
LIGHT
Bitlight
SAFE
Safe
SNX
Synthetix network token
VTHO
Vethor token
KAITO
Kaito
MAVIA
Heroes of mavia
RE
Re protocol
TFUEL
Theta fuel
WAL
Walrus
ALPINE
Alpine f1 team fan token
RED
Redstone
GTC
Gitcoin
LPT
Livepeer
NMR
Numeraire
DATA
Data network
TOWNS
Towns
BAN
Comedian
NXPC
Nexpace
XLM
Stellar
TREE
Treehouse
GPS
Goplus security
BERA
Berachain
BIO
Bio protocol
JUP
Jupiter
DASH
Dash
RENDER
Render
FIL
Filecoin
MYRIA
Myria
BOME
Book of meme
TURBO
Turbo
SUSHI
Sushi
COQ
Coq inu
CFG
Centrifuge
PEAQ
Peaq
TURTLE
Turtle
MOBILE
Helium mobile
W
Wormhole
ZIL
Zilliqa
LINEA
Linea
SPK
Spark
ASTR
Astar
CKB
Nervos network
AXL
Axelar
COTI
Coti
VET
Vechain
SOL
Solana
ETHFI
Ether.fi
FLR
Flare
AERO
Aerodrome finance
INJ
Injective
TRUMP
Official trump
ACH
Alchemy pay
POLYX
Polymesh
BABY
Babylon
ENJ
Enjin coin
BLUR
Blur
BRETT
Brett (based)
XVS
Venus
IO
Io.net
NKN
Nkn
TRB
Tellor
CELO
Celo
G
Gravity
ID
Space id
SOMI
Somnia
NOM
Nomina
ALT
Altlayer
TOSHI
Toshi
HOLO
Holoworld ai
PNUT
Peanut the squirrel
XYO
Xyo
OPEN
Openledger
DYDX
Dydx
ANKR
Ankr
SSV
Ssv.network
XEM
Nem
POPCAT
Popcat (sol)
NOT
Notcoin
ESP
Espresso
XNO
Nano
BCH
Bitcoin cash
SYN
Synapse
MASK
Mask network
BARD
Lombard
UNI
Uniswap
NEXO
Nexo
CRV
Curve dao token
APT
Aptos
STX
Stacks
PENGU
Pudgy penguins
SPX
Spx6900
FF
Falcon finance
PYTH
Pyth network
ALLO
Allora
0G
0g
REQ
Request
EDU
Open campus
LTC
Litecoin
CC
Canton
SCR
Scroll
MEGA
Megaeth
AMP
Amp
PEOPLE
Constitutiondao
MOODENG
Moo deng (moodengsol.com)
MOG
Mog coin
WIN
Winklink
RPL
Rocket pool
ME
Magic eden
GRAM
Gram (prev. toncoin)
POWR
Power ledger
WAVES
Waves
PROVE
Succinct
MOVE
Movement
AT
Apro
MEW
Cat in a dogs world
AVNT
Avantis
GIGGLE
Giggle fund
NEIRO
First neiro on ethereum
MEME
Memecoin
ZORA
Zora
NEAR
Near protocol
BAND
Band protocol
LAYER
Solayer
REZ
Renzo
UMA
Uma
CATI
Catizen
AVAX
Avalanche
HBAR
Hedera
LUNA2
Terra 2.0
LISTA
Lista dao
PENDLE
Pendle
VIRTUAL
Virtuals protocol
RAY
Raydium
ZRO
Layerzero
FET
Artificial superintelligence
NIGHT
Midnight
SEI
Sei
SUN
Sun (new)
1MBABYDOGE
Baby doge coin
TRX
Tron
TIA
Celestia
BCUT
Bitscrunch
EUL
Euler
SAHARA
Sahara ai
HIGH
Highstreet
IOST
Iost
ETH
Ethereum
SHIB
Shiba inu
SUI
Sui
SUNDOG
Sundog
MUBARAK
Mubarak
VANA
Vana
KNC
Kyber network
MANTA
Manta network
IOTX
Iotex
HYPER
Hyperlane
MTL
Metal
MMT
Momentum
XAUT
Tether gold
SIGN
Sign
MANTRA
Mantra
TAO
Bittensor
MITO
Mitosis
SOLV
Solv protocol
ZBT
Zerobase
FRAX
Frax (prev. fxs)
ILV
Illuvium
RLC
Iexec rlc
C
Chainbase
DEGEN
Degen
BLAST
Blast
HOME
Defi app
DOGS
Dogs
CPOOL
Clearpool
CTSI
Cartesi
PHA
Phala network
METIS
Metis
AUCTION
Bounce token
OPG
Opengradient
ARKM
Arkham
GMT
Stepn
SKL
Skale
VANRY
Vanar chain
FOGO
Fogo
YGG
Yield guild games
USUAL
Usual
BANK
Lorenzo protocol
BIGTIME
Big time
GNO
Gnosis
LDO
Lido dao
XTZ
Tezos
KITE
Kite
MON
Monad
CFX
Conflux
IMX
Immutablex
SYRUP
Maple finance
BONK
Bonk
ENS
Ethereum name service
FLOKI
Floki
XPL
Plasma
ZEC
Zcash
OP
Optimism
JTO
Jito
TWT
Trust wallet token
PHB
Phoenix
STG
Stargate finance
ZKC
Boundless
NIL
Nillion
API3
Api3
WOO
Woo
D
Dar open network
MYRO
Myro
LQTY
Liquity
AEVO
Aevo
EDEN
Openeden
CETUS
Cetus protocol
AIXBT
Aixbt by virtuals
BICO
Biconomy
FIDA
Solana name service
ENSO
Enso
ASTER
Aster
GIGA
Gigachad
TNSR
Tensor
ROBO
Fabric protocol
BREV
Brevis
AUDIO
Audius
QKC
Quarkchain
SAPIEN
Sapien
PAXG
Pax gold
AAVE
Aave
WLFI
World liberty financial
USDT
Tether
MNT
Mantle
VRA
Verasity
MIGGLES
Mr miggles
CGPT
Chaingpt
TUT
Tutorial
DOT
Polkadot
PUMP
Pump.fun
ONDO
Ondo
ONE
Harmony
PIXEL
Pixels
ANIME
Animecoin
WCT
Walletconnect token
CELR
Celer network
HEMI
Hemi
F
Synfutures
CAT
Simon's cat
MIRA
Mira
BANANA
Banana gun
GOAT
Goatseus maximus
CHR
Chromia
XAI
Xai
ENA
Ethena
ELIZAOS
Elizaos
YB
Yieldbasis
DIA
Dia
ARPA
Arpa
TST
Test
MAGIC
Treasure
INIT
Initia
NEWT
Newton protocol
C98
Coin98
ICP
Internet computer
PEPE
Pepe
PERP
Perpetual protocol
STORJ
Storj
KAT
Katana
GRIFFAIN
Griffain
ORDER
Orderly network
OG
Og fan token
BMT
Bubblemaps
ALICE
My neighbor alice
JOE
Joe
LA
Lagrange
PARTI
Particle network
SKY
Sky
WLD
Worldcoin
EPIC
Epic chain
LRC
Loopring
OGN
Origin protocol
CHILLGUY
Just a chill guy
ETC
Ethereum classic
HIPPO
Sudeng
PONKE
Ponke
KERNEL
Kerneldao
SXT
Space and time
AI
Sleepless ai
DOLO
Dolomite
VVV
Venice token
ARB
Arbitrum
MORPHO
Morpho
VOXEL
Voxies
PYR
Vulcan forged (pyr)
TRU
Truefi
STRK
Starknet
GRT
The graph
HYPE
Hyperliquid
COMP
Compound
JASMY
Jasmycoin
CVX
Convex finance
WIF
Dogwifhat
THETA
Theta network
KAIA
Kaia
EIGEN
Eigenlayer
AR
Arweave
RUNE
Thorchain
AXS
Axie infinity
2Z
Doublezero
NPC
Non-playable coin
TRAC
Origintrail
BTC
Bitcoin
DEXE
Dexe
AKT
Akash network
NEO
Neo
CHZ
Chiliz
MANA
Decentraland
XEC
Ecash
KMNO
Kamino finance
TEL
Telcoin
DOGE
Dogecoin
FARTCOIN
Fartcoin
SFP
Safepal
APE
Apecoin
A
Vaulta
1INCH
1inch
ZAMA
Zama
EGLD
Elrond
GLM
Golem
BAT
Basic attention token
SENT
Sentient
MET
Meteora
Bittensor is a decentralized open-source network based on the Ethereum blockchain for machine learning and artificial intelligence (AI) networks. It connects blockchain technology, machine learning, and AI to create a scalable and incentivized network to change how AI is developed, shared, and monetized. With its peer-to-peer intelligence market model, Bittensor encourages miners to contribute to machine learning training and rewards them with the TAO token.
TAO is the native token that drives the Bittensor network. Miners and validators in the Bittensor network earn TAO tokens as rewards. TAO token facilitates transactions, enables participation in governance, and rewards stakers.
The primary features of Bittensor (TAO) include:
• Open source: The Bittensor network’s platform code is open source which promotes transparency and aids collaboration from developers in the crypto community.
• Incentive mechanism: The protocol incentivizes the platform’s participants with TAO tokens for contributing computational resources and participating in governance.
• TAO token: TAO, the native token of the Bittersor network, facilitates transactions within the network.
• Staking: TAO token holders can also stake their TAO tokens and earn rewards.
• Interoperability: The Bittensor blockchain is decentralized and interoperable, allowing different AI models to work together without a centralized authority.
Since its launch in 2021, the TAO token has performed well in the broader crypto market space. As of June, TAO is in the top 48 crypto by market cap. The token has notched up yearly gains of over 500%, making it a formidable crypto in the DeFi space. While the current price of TAO is around $280, experts expect the token to zoom over $600 by 2030, deeming it a promising cryptocurrency.
The TAO token has its utility within and outside the Bittensor ecosystem.
• TAO can be traded with other cryptocurrencies on crypto exchange platforms like CoinSwitch.
• TAO token is used to incentivize validators for verifying transactions within the ecosystem.
• TAO is used to facilitate all transactions on the Bittensor network.
• TAO token holders can also stake their TAO tokens to earn rewards.
• Like other cryptos, TAO tokens can be bought or sold from a crypto exchange to make a profit.
• TAO token holders can participate in governance as they can vote on important decisions concerning the network’s development and operation.
• It is a decentralized platform for AI development.
• The network rewards participants for contributing to the network’s governance and maintenance.
• The Bittensor platform is open-source, making it accessible to several participants, and enhancing the network’s intelligence.
• Operating on a decentralized and open-source mechanism, the platform promotes transparency and security.
• TAO is subject to market volatility.
• The fortunes of the AI industry could impact TAO token price as its primary focus is on AI and machine learning.
• Despite being in the top 50 cryptos by market cap, TAO is yet to gain popularity among new crypto investors.
• You can invest in TAO by downloading the CoinSwitch app.
• With CoinSwitch’s easy-to-use and access app, users can manage transactions and portfolios seamlessly.
• With no upper limit, users can invest in TAO starting with just ₹100.
Bittensor’s TAO was brought to life by Jacob Steeves and Ala Shaabana in 2021 and developed by OpenTensor, a non-profit organization. Bittensor attracted significant investments from investors such as Polychain, a fund management company, which incubated Bittensor in 2019 and holds around $200 million in TAO tokens. Dao5, another investment fund, holds about $50 million in TAO. Digital Currency Group (DCG), founded by Barry Silbert, has invested around $100 million in TAO. The strong investor backing since its inception highlights investor interest in TAO and boosts its growth.
Genius Terminal
BittensorGenius TerminalPrice
₹0
₹0
24h Price Difference %
₹0
₹0
7d Price Difference %
₹0
₹0
Market Cap
-
-
24h Trade Volume
-
-
Circulating Supply
-
-
Market Rank
-
-
1. When was Tao coin launched?
Bittensor, the protocol behind the TAO token, was originally designed as a Polkadot parachain named Finney. However, in March 2023, the protocol decided to launch its own blockchain called Nakamoto, inaugurating the TAO token.
The exact launch date of the TAO token is not specified in the search results. However, it can be inferred that TAO was launched sometime in March 2023 when Bittensor transitioned from being a Polkadot parachain to launching its own blockchain.
2. How does Tao coin cryptocurrency work?
Tao Coin is a cryptocurrency that uses a unique consensus algorithm called “Proof of Capacity” (PoC). It allows users to participate in the network by renting out their available disk space to validate transactions, rather than using energy-intensive mining. Validators are rewarded with new Tao Coins for each block they solve. This approach aims to reduce the environmental impact and energy consumption of traditional Proof-of-Work (PoW) mining.
3. How Many Tao coin Are There?
According to the Tao Coin website, the total supply of Tao Coin is capped at 1 billion (1,000,000,000) coins.
4. How to invest in Tao coin cryptocurrency?
You can invest in TAO coins using the CoinSwitch app.
Highlight
Bittensor (TAO) offers an innovative approach to AI development and machine learning through a decentralized and collaborative network that incentivizes participants.
TAO Price Today
TAO Price
₹23,063
Price Change 24h
4.84%
Price Change 7d
8.56%
Market Rank
#34
Market Cap
₹24,589 Cr.
Trade Vol 24h
₹1,848 Cr
Circulating Supply
₹1 Cr. TAO
Trading Activity
89% Buy11% Sell
Disclaimer : Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered as investment/financial advice from CoinSwitch. Any action taken upon the information shall be at user's own risk.
