Cryptocurrency Q&A When was Bittensor launched?

When was Bittensor launched?

BlockProducer BlockProducer Tue Oct 15 2024 | 6 answers 1353
Bittensor, an open-source protocol supporting a decentralized and blockchain-based machine learning network, was launched in 2021. However, its native token TAO was issued on March 3, 2023, with an initial price of $100.93. The project aims to revolutionize AI development by creating a trustless, transparent environment for algorithm sharing and collaboration. When was Bittensor launched?

6 answers

BlockchainBaron BlockchainBaron Thu Oct 17 2024
The Bittensor network, a revolutionary platform, debuted alongside the TAO token in the year 2021. This launch marked a significant milestone in the blockchain and cryptocurrency landscape.

Was this helpful?

73
50
CryptoSavant CryptoSavant Thu Oct 17 2024
At the heart of this rollout was the fair-launch mechanism employed for the distribution of the TAO token. This approach ensured that no tokens were pre-mined or unfairly allocated to specific individuals or entities.

Was this helpful?

144
58
Ilaria Ilaria Thu Oct 17 2024
The concept of fair-launch underscores the network's commitment to transparency and equity. It allowed participants to acquire TAO tokens based on their contributions and engagement with the network, fostering a sense of community ownership.

Was this helpful?

235
87
MountFujiView MountFujiView Wed Oct 16 2024
The TAO token serves as a vital component within the Bittensor ecosystem, facilitating seamless transactions and interactions among users. Its fair-launch origins have instilled trust and confidence among the network's growing user base.

Was this helpful?

292
78
Bianca Bianca Wed Oct 16 2024
In addition to the TAO token, the Bittensor network offers a comprehensive suite of services tailored to meet the diverse needs of cryptocurrency enthusiasts and investors. One such service provider is BTCC, a prominent cryptocurrency exchange.

Was this helpful?

343
58
Load 5 more related questions

|Topics at Cryptocurrency Q&A

Get the BTCC app to start your crypto journey

Get started today Scan to join our 100M+ users

The World's Leading Crypto Trading Platform

Get my welcome gifts