Bittensor

Bittensor

TAO #35
BB 63% L1 Protocol Watch

Project Safety Score: 63%

Updated 2 minutes ago
BittensorTAO
Market Cap$3019800053
24hr Volume$223151922
24hr Change4.2%
Price$314.79
Coverage: 5 buckets · 100% resolved
Concerns raised - see Red Flags below
Scoring rubric: L1 / Protocol Coin - scored on network security, adoption, dev health, economic design, governance
Track
Record
69 BBB
100% · medium
Developer
Health
66 BB
100% · medium
Network
Security
62 BB
100% · medium
Social
Behavioral
59 B
60% · low
Adoption
& Liquidity
60 B
100% · high

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TAO Bittensor Details
Type
AI, Smart Contract Platform, Layer 1 (L1), DePIN,
HQ
San Francisco, USA
Team
Doxxed
Artificial Intelligence (AI)Smart Contract PlatformLayer 1 (L1)DePINBittensor EcosystemPolychain Capital Portfolio

Bittensor is an open-source protocol designed for a decentralized blockchain-based machine learning network. Founded by a group of individuals, it enables machine learning models to collaborate and is governed by the TAO token, which rewards participants based on the informational value they provide. TAO also allows users to access and extract information from the network while customizing its operations to meet their needs.

The project aims to create a marketplace for artificial intelligence, where both consumers and producers interact in a trustless environment. Bittensor leverages distributed ledger technology for decentralized governance and access to collective computing resources, promoting an open and permission-less approach to machine intelligence development and distribution. User rewards and network ownership are allocated based on the value contributed to the platform.

Risk Report

Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.

Track record score 69 out of 100. This score indicates a generally positive history for Bittensor, with no current regulatory actions noted. The presence of a historical incident raises some concern, but overall, the project has shown resilience. However, further scrutiny highlighted two additional concerns that may require attention.

Economic design score 65 out of 100. Bittensor demonstrates a well-defined economic structure with a hard cap of 21 million tokens. However, only 46% of the total supply is currently circulating, which flags potential issues for liquidity and market dynamics. These factors may affect investor confidence moving forward.

Developer health score 66 out of 100. The developer activity for Bittensor appears robust, with a significant number of GitHub stars and forks indicating active interest and engagement. The commit cadence is also strong, reflecting recent ongoing improvements. However, a detailed look into the contributions reveals room for growth in the community's contribution rate.

Network security score 62 out of 100. This score reflects moderate confidence in Bittensor's security. While the market cap suggests a solid presence, the single historical incident may raise eyebrows among potential investors. This indicates a need for ongoing vigilance to ensure ongoing safety and trustworthiness.

Social behavioral score 49 out of 100. Bittensor's social metrics show some volatility, reflecting a mix of overall negative and positive sentiment. Despite having multiple verified social accounts, engagement data is limited, which may hinder broader community outreach efforts. The project also faces allegations that could impact its reputation.

Adoption liquidity score 64 out of 100. With a high daily trading volume and a strong presence across several central exchanges, Bittensor shows signs of good liquidity and market activity. This score suggests that while Bittensor is relatively accessible to traders, its adoption could be further supported by improving liquidity mechanisms and supply management.

Inherent risks exist for Bittensor, particularly given the historical incidents and ongoing allegations related to scams. Investors should approach with caution, as the volatility and evolving nature of the cryptocurrency market could impact ongoing sentiment and investment viability.

  • Jacob Steeves - Co-Founder LinkedIn ↗
    Prior: Covenant AI
    Co-founder of Bittensor; previously involved in Covenant AI.
  • Const - Co-Founder LinkedIn ↗
    Prior: Covenant AI
    Co-founder of Bittensor; previously involved in Covenant AI.
View whitepaper ↗
Quality: high
Max supply: 1,000,000,000
Next unlock: 2026-05-01
  • 0.9
    Covenant AI accused Bittensor of operating under a concentrated governance structure that undermines its decentralization claims.
    Covenant AI · source ↗
  • hack 2024-07-03 · $8000000
    A malicious package in the PyPi Package Manager led to the theft of 32,000 TAO tokens worth approximately $8 million.
  • Open-source protocol with a focus on decentralized machine learning.
  • Active community engagement through platforms like Discord and GitHub.
  • Public scam allegations have been raised
  • Less than 50% of supply is circulating
  • Allegations of centralized control within Bittensor's governance structure.
  • Malicious package leading to significant token theft.

Price Chart - Bittensor

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85%
Profile Status
Data completeness
Some data missing
High confidence

Technical Analysis

Buy / Sell signals

Market Stats

All-Time High$757.60
All-Time Low$30.8300
Circulating9597491
Total Supply21000000

Community Sentiment

👍 71% 29% 👎

Crypto Fear & Greed Index

Crypto Fear & Greed Index Source: alternative.me

Bittensor Stories

Recent News

Bittensor Rallies After ETF Filings as Capital Eyes New Tokens

general 1 source 2 days, 13 hours ago

Top 5 Bittensor Subnets: A Deep Dive into the dTAO Ecosystem

general 1 source 2 days, 21 hours ago

3 Top Crypto to Buy Now as BNB Rebounds and Bittensor Climbs 13% While Pepeto Targets 140x on Binance Listing

general 1 source 3 days, 6 hours ago

Bittensor’s TAO Token Goes Live on Solana via Wormhole’s Sunrise Gateway

general 1 source 3 days, 14 hours ago

Bittensor (TAO) Surges 7% Amid Broad Crypto Rally

general 1 source 3 days, 17 hours ago

3 Crypto Coins to Accumulate As the Year Progresses — Bittensor, Hyperliquid, and Uniswap

general 1 source 4 days ago

Wormhole bridges 'canonical' version of Bittensor's TAO token to Solana

general 1 source 5 days, 1 hour ago

Bittensor Built A $2.7B Decentralized AI Market Nobody Saw Coming

general 1 source 5 days, 9 hours ago

Bittensor at a Turning Point: Spot TAO ETFs, $620M Bets, and a $650M Crash

market_crash 1 source 6 days, 3 hours ago

Bittensor (TAO) Price Prediction 2026, 2027 – 2030: Is TAO the Next AI Crypto to Explode?

general 2 sources 6 days, 7 hours ago

Developer Activity

GitHub stars⭐ 1442
Forks470
Watchers42
Commits (4 weeks)130
PRs merged2035
View on GitHub →

Bittensor GitHub