Why buy Bittensor (TAO)?
Why should you consider buying in Bittensor (TAO)? If you align with the project’s mission to decentralise and democratise access to AI models, then this could be the right choice for you. Bittensor enables the creation of collaborative and decentralised AI models, a unique feature that sets it apart in the market.
Before you decide to buy in TAO, it’s crucial to understand that it is the core of the entire machine learning model exchange ecosystem. Owning TAO is a prerequisite to using the Bittensor network, as it is the sole means through which transaction fees are paid. This clarity can help you make an informed investment decision.
What it is
To decide whether to buy Bittensor (TAO), one needs to know, at least at a high level, how it works. To do so, one can start from the vision that guided the initial stages of the project: overcoming the limitations of centralised artificial intelligence models by trying to develop an infrastructure that enables them to learn in a collaborative, secure and decentralised manner.
As already mentioned, Bittensor is a decentralised machine learning protocol developed to facilitate the creation and sharing of AI models on a large scale. The consensus mechanism active on this network is managed by a Proof-of-Intelligence algorithm, which consists of nodes that evaluate each other’s contributions according to usefulness and quality standards.
Jacob Robert Steeves and Ala Shaabana, the two founders of the project, both have a background consistent with this project; they have, in fact, been working on artificial intelligence for many years. The former, currently CEO of this Web3 company, has worked as a software engineer and machine learning researcher for Google. Shaabana, on the other hand, pursued an academic career culminating in post-doctoral research at the University of Waterloo, Canada.
Stay up to date with the price of Bittensor
Buy Bittensor in 3 steps on Young Platform
What does the Young Platform do?
Young Platform is the European exchange that blends simplicity with security, already chosen by over 2 million people for buying and selling cryptocurrencies. Backed by significant entities such as Azimut, United Ventures, and Banca Sella, Young Platform eases your entry into the world of cryptocurrencies with a user-friendly interface, easy-to-use trading tools, educational courses, and up-to-date news, all designed to be accessible to everyone. And the best part? It's completely free.
Check out the Top movers
Take a look at the prices of cryptocurrencies that have reached higher volatility in the last 24 hours and catch market trends.