Menu

Search

  |   Insights & Views

Menu

  |   Insights & Views

Search

Empowering AI: Bittensor's Dynamic TAO and Market Innovations

Bittensor is revolutionizing the development of machine learning platforms by decentralizing the process and creating a peer-to-peer market for machine intelligence. It enables the collective intelligence of AI models to come together, forming a digital hive mind.

 

Unveiling Dynamic TAO: Tokenomics and Governance Revamp

 

Bittensor's Dynamic TAO (dTAO) whitepaper, published on February 3, 2025, outlines a proposed network tokenomics and governance upgrade4. Dynamic TAO is a proposal to decentralize the network by restructuring the staking mechanism and the $TAO block reward distribution, which will eliminate the centralization of power among Root Validators4. Every subnet can mint its own "Subnet Token" or "Dynamic TAO" ($dTAO)1. These subnetworks act as automated market markers (AMM)1. Each Dynamic TAO token will have the same tokenomics as Global TAO, with the same emissions schedule and halving time frame1. The relative value of subnets is determined organically by the market value of the subnet, represented by its stabilized token price1. TAO-holders can stake TAO into subnets in exchange for the sub-net-specific dynamic currency1. TAO stake weight to validator stake contribution is lowered by a global parameter called TAO weight that will be set to 18%3. Alpha token on any subnet will be capped hard at 21 million3. Dynamic TAO is live today on testnet.

 

TAOUSD Price Movement: Current Trends and Insights

 

TAOUSD has been consolidating in a narrow range between $412 and $307 for the past ten days. It hit an intraday high of $375 and is currently trading around $359.

 

It holds above the short-term (34 and 55 EMA) and the long-term moving average in the 4-hour chart.

 

 

The bullish invalidation can happen if the pair closes below $215. On the lower side, the near-term support is $340. Any break below the target of $300/$280/$239. Any breach below $215 targets $160.

 

The pair's near-term resistance is around $375. Any breach above confirms minor bullishness. A jump to $415/$445/$510/$600 is possible. A surge past $600 will take it to $805/$1000.

.

 It is good to buy on dips around $300 with SL around $215 for TP of $505/$600.

 

 

 

 

 

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.