The decentralized network focused on artificial intelligence, Bittensor, will experience its first token halving event on December 14. The daily issuance of TAO will decrease from 7,200 to 3,600, with a circulation model similar to Bitcoin and a total cap of 21 million tokens. According to Grayscale analysts, this event marks the network's entry into a mature stage. Bittensor currently has over 100 subnets, with major subnets including Chutes, which provides AI serverless computing, and Ridges, which focuses on crowdsourced development of AI Agents. (Cointelegraph)
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The decentralized network focused on artificial intelligence, Bittensor, will experience its first token halving event on December 14. The daily issuance of TAO will decrease from 7,200 to 3,600, with a circulation model similar to Bitcoin and a total cap of 21 million tokens. According to Grayscale analysts, this event marks the network's entry into a mature stage. Bittensor currently has over 100 subnets, with major subnets including Chutes, which provides AI serverless computing, and Ridges, which focuses on crowdsourced development of AI Agents. (Cointelegraph)