Bittensor Price(TAO)

Bittensor represents a decentralized protocol meticulously crafted for developing AI and ML models. It fosters an open peer-to-peer (P2P) ecosystem. This arrangement invites AI models from around the world to converge, thus forming an extensive, borderless neural network. By harnessing the power of collaboration and P2P interactions, Bittensor strives to make AI and machine learning accessible to all, elevating them to a public good status.

The cryptocurrency $TAO functions as the heartbeat of the Bittensor ecosystem, incentivizing user participation. It is employed for rewards, staking, governance, and payments within the network. Miners are motivated to engage in tasks and share computational resources, while $TAO acts as collateral to ensure integrity and honest participation from validators.