๐จBITTENSOR
$TAO BOOMS AS DECENTRALIZED AI GAINS TRACTION
๐นTAO token up ~60% in the past month amid rising AI-blockchain interest.
๐นDynamic TAO (dTAO) upgrade and EVM compatibility boosted ecosystem appeal.
๐นBittensor
#rewards AI contributors with tokens based on useful intelligence.
๐น Cรธinbase listing increased liquidity and visibility.
๐นCompeting projects
#raised ~$200M, while Bittensor raised $0 VC.
๐นSubnets like Chutes showcase strong AI compute capabilities.
๐นRisks remain if subnets fail to achieve product-market fit or lose miner incentives.
๐นInstitutional investors (DCG, dao5, Polychain) hold large TAO stakes and run validators.