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| 1 Year | 5 Year | 5 Year Annualized | Since IPO | |
|---|---|---|---|---|
| TAO | -29.39% | N/A | N/A | +320% |
| S&P | +15.06% | +95.03% | +14.29% | +69% |
Bittensor (TAO) is an ERC-20 token powering a decentralized, blockchain-based machine learning network. Models train collaboratively and are rewarded in TAO for their informational value. Bittensor is an open-source protocol leveraging a distributed ledger to develop and distribute AI technology efficiently. It promotes open access/ownership, decentralized governance, and harnesses globally-distributed resources within an incentivized framework. TAO is used to reward models and grant external access to the network. The team behind Bittensor includes founders Jacob Steeves and Ala SHaabana, Director of Marketing Jacqueline Dawn, and Blockchain Architect Saeideh Motlagh.
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