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Bittensor

TAO

Live. Machine-drafted, not yet checked by a person.

Hot: etf or institutionFull record

Bittensor is a network of independent computing services where people are paid in a cryptocurrency called TAO for contributing things like computing power, data storage, or predictions. Its pages make no dated promises we could check. It trades at $226.59, #40 of all coins by size, 70% below its highest ever price.

This week in the news: ETF or institution.

A real job, real backing. No dated promises on its pages. Nothing dated ahead. #20 of 191 smart contract platforms. Nothing to be careful of on the record.

Is it real?

3 of 4tests passeda real job, real backing, something ahead, room to grow
1named backersPolychain Capital
3 yearson the marketsince 14 May 2023
199.91Kpeople watch iton CoinGecko lists
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3 of 4

  • A real-world jobReal-world purpose: AI services
  • Real backingBacking: backed by Polychain Capital; trades on Coinbase, Crypto.com, Kraken; worth $2.57B
  • Something aheadA dated step, deliveries on record, or demand showing up in the news.
  • Room to growRoom: worth $2.57B, 37 times smaller than BNB, the biggest coin within reach doing the same thing (Smart Contract Platform)

Backed by Polychain Capital

  • Origin14 May 2023about about 3 yearsbittensor.com, GitHub, Whitepaper
  • DevelopersNot namedNeither Wikidata nor its listing names the foundersCode activity not checked
  • BackingPolychain CapitalInvestor tags from CoinGeckoListed on Coinbase, Crypto.com, Kraken, Binance
  • Standing on the recordNo recordNo dated promise to judge yet89 headlines last month199,910 people keep it on a CoinGecko watchlistNo corrections needed so far
The gap, and what to do

It is already worth more than the typical coin in Smart Contract Platform ($83.15M). To match the leader, BNB ($95.27B), its price would need to rise 3610%, to about $8,406.

Still to check

  • No dated promise on record yet, so delivery cannot be judged
  • Years younger than the group's leader

What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.

A gap is not a forecast. Most small coins never close it. The site never picks.

Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.

Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.

Does it deliver?

No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.

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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it

What is next, and when?

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How big is it next to its rivals?

#20of 191 smart contract platformsthe typical one is worth $83.15M
$2.57Bworth todayprice × coins out
$83.15Mthe typical rival is worthSmart Contract Platform
$95.27Bthe leader is worthBNB
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world

Ai services

18 coins we checked say they are for AI services, worth $5.52B together. #1 of 18 by worth.

Smart Contract Platform: this coin against its direct competitors

  • CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
  • Bittensor$2.57Bthis coin−4.1%54% outnone dated
  • BNB$95.27B37.1× bigger, +$92.7B−1.2%, gap +2.967% outno record
  • XRP$87.28B34.0× bigger, +$84.71B+0.0%, gap +4.163% out2 of 3 delivered
  • Solana$58.89B22.9× bigger, +$56.32B−1.3%, gap +2.8no maxnone dated
  • TRON$32.06B12.5× bigger, +$29.5B−0.5%, gap +3.6no maxno record
  • Zcash$19.3B7.5× bigger, +$16.73B−0.1%, gap +4.081% outnone dated
  • Hyperliquid$17.5B6.8× bigger, +$14.93B−1.5%, gap +2.622% outnone dated
  • Dogecoin$12.86B5.0× bigger, +$10.29B−2.2%, gap +1.9no maxno record
Same job, different how

Smart Contract Platform: this coin next to BNB, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.

Bittensor says
Bittensor is a network of independent computing services where people are paid in a cryptocurrency called TAO for contributing things like computing power, data storage, or predictions.
BNB says
BNB is the native utility token of the BNB Chain ecosystem.

Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.

What it is

Bittensor is a network of independent computing services where people are paid in a cryptocurrency called TAO for contributing things like computing power, data storage, or predictions.

Its listing puts it this way: Bittensor is an open-source protocol that powers a decentralized, blockchain-based machine learning network. Machine learning models train collaboratively and are rewarded in TAO according to the informational value they offer the collective.

Problem it says it solves: AI services. 37 coins we have checked say the same; together they are worth $24,708,545,527.

Where it trades: Coinbase, Crypto.com, Kraken, Binance, OKX

Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.

Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.

What should make me careful?

Nothing printed today

None of the six tests fails. A missed promise counts only on a record a person has checked.

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Why is it this small?

Smart Contract Platform: this coin next to the group's largest, BNB.

BittensorBNB
Years trading3 years9 years
Major exchanges66
Named backers10
Headlines, last month8968
Promises deliveredno recordno record

What it says is different: Bittensor is an open-source protocol that powers a decentralized, blockchain-based machine learning network. Machine learning models train collaboratively and are rewarded in TAO according to the informational value…

It is 2.7% the size of BNB. On the facts above it is behind on years trading. For that gap to close, the record would need deliveries showing up in its record. Nothing here says it will; the site does not predict.

The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.

The homework: the coin itself, the news, the record

The coin itself

$226.59price of one−4.1% today
70%below its highest ever$758 on 7 March 2024
54%of the supply is out11.34M coins
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The last 7 days

7 days ago: $255.15now: $226.59 (−10.8%)

Where today sits against its highest ever price

$226.59

Highest ever: $757.60 on 7 March 2024. Today is 30% of that.

54%

of all TAO that will ever exist is already out in public hands: 11.34M coins.

46% (9.66M coins) is already created but not in public hands, held by the project or locked in escrow. That is a large share, though not a majority. Those coins can be sold later, which can push the price down.

out held back. Each dot is 1%.

Pays for every use of its network

Every transaction on its network pays a fee in it. That is the built-in reason anyone needs it.

  • Every transaction on its network pays a fee in it
$226.59price of one
×
11.34Mcoins out
=
$2.57Bworth today, #40 of all coins

That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.

Basics
  • 54%of the maximum supply is in circulation: 11.34M of 21M.
  • 9.66Mcoins still to be released, 46% of the maximum. Releases can add selling pressure.
  • 1.9×fully diluted value versus today's market cap. The gap is coins not yet released.
  • 30%of its all-time high of $757.60 on 7 March 2024. That is −70.1% from the top.
  • #40by market cap, $2,568,005,472.
  • Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.

Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.

Real use, in dollars
  • $47.22M is locked in apps built on it right now

From DefiLlama, refreshed nightly. Fees are what people paid to use the thing; value locked is what they trust it to hold. Facts, not a score.

What the news says

89headlines, last monththat name this coin
0about governmentregulation, courts, central banks
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Headlines per day, last 30 days

89 headlines named this coin in the last month.

What they were about

  • AI42
  • Price22
  • Treasury4
  • Hack2
  • Upgrade1
  • Whales1
In the news
What people are talking about, last month:

89 headlines in the last month.

Headlines are the publishers' own. News is never placed next to price.

The record itself

Promises0from its own pages
Page copies213 pages watched
Confirmed0by outside news
Checkedmachinedraft until checked
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy

What it says it is

Bittensor is a network of independent computing services where people are paid in a cryptocurrency called TAO for contributing things like computing power, data storage, or predictions.

“Bittensor is an open network where independent subnets produce digital commodities — compute, inference, storage, prediction — and the chain pays participants in its token, TAO, in proportion to the value they contribute.”
source · snapshot · captured 2026-09-10
Stage and age

Live. The record does not yet cite when this stage began.

Promises

No dated or committed promises have been recorded yet.

Others in ai networks: Internet Computer 20 of 23, Nockchain 20 of 30, Akash Network 10 of 20, Artificial Superintelligence Alliance 7 of 43, and 14 more.
Last activity

No public code repository is listed in this record.
None of the project's captured pages has changed since capture began on 10 September 2026.

Open flags

Nothing further to flag from the record as it stands.

Checked?

This record was drafted by a machine from captured pages and has not yet been checked by a person. Treat every line as unverified until that note changes.