they launched their mainnet a full year before the AI craze, BUT they were already working on this for 8 years now. They know exactly what was coming, and what the future needs. Well done video, you guys speak on information and facts. This is the biggest opportunity for the coming years. $TAO
TAO reminds me of early days of Chainlink. At least in the way the team behaves. They know they have the best technology and they know they'll win, no need for fanfare. I remember at some point in 2018, it became a meme that we didnt know if Sergey was actually alive. We had no likes, retweets or public appearances for months. When Chainlink hired Adelyn Zhou for marketing, it was really a celebration among marines 🤣 Cant wait to see where TAO goes.
That is exactly what we said after doing more research on TAO. Link marines have been die hard from the beginning because they knew it’s importance. I have a feeling a similar community will emerge here.
Accumulating since 60$ and also hit $43 during last dip. Over the counter 5 months ago they traded TAO round about $25-$40..so at least have a bit FIAT for under $40 to collect the bag
Here’s a recommendation. Just as Bittensor was building AI before OpenAI went mainstream, so Wilder World was building Metaverse infrastructure years before the Facebook/Meta rebranding, and using UE5. Its a step change from Sandbox/Decentraland.
@@TheBlockRunner yeah I’ve bought in, honestly though I did so at the local top. I’ve got a multi-year time horizon though so wouldn’t be looking to sell until 24/25. Literally though, congrats on calling this before the subnets were even launched… I’ve subscribed to you guys.
Once you understand the tokenomics, you'll be able to calculate the marketcap. Luckily the tokenomics is exactly the same (kind of) as Bitcoin. So just take the price, multiply that with the circulating supply and you'll have your marketcap. which is roughly $232M.
@@TheBlockRunner Thanks so much! By the way, love your channel, by far my favorite web3 channel. Please don't stop making videos hah. Web3 gaming & AI content with no hype and critical analysis.
I appreciate you guys bringing your insights so I can add your thoughts into my research. There are thousands of tokens but very few that are actually products and even fewer that have market fit. I am going to find a way to reach out to you both.
you guys should look into defi protocols like : INJ and ThorChain inj is the only 100% DEX to trade crypto and RUNE is the only DEX for swapping Native coins like BTC to eth or BTC to AVAX i bought INJ at $1.3 and its already at $9
@@kimani3597 okay, you're right. In the (special!) case of Bittensor the dilution will happen over more than a hundred years I guess. But the dilution is biggest in the first years. On the other hand okay, that didn't stop Bitcoin's rise either. By the way, it is like "Proof of Useful Work" which to my knowledge the crypto Projekt Flux invented and is already running. They don't have an AI focus, but decentralised Web App/data/computing hosting.
@@1Spirit_fm bittensor is running with "proof of intelligence" on yuma consensus, which is a hybrid of PoW and PoS. It has both elements in it, thats why you can stake tao for example with around 29% apy currently. 7200 coins are emitted on a daily basis on which 50% or 3600 are going straight to the miners and the other half goes to the validators and its delegators, who basically fund their projects and research they are building with that apy. TAO is a self-funded state of the art AI research environment
What's cool is that even though we have similar tokenomics as Bitcoin, you can stake $TAO which supports the ecosystem at a different level than mining. Love everything so far.
yes, you can stake tao, because it's some sort of a hybrid. 50% of the daily emitted coins go to the miners and the other 50% to the validators and delegators. Current delegator apy is around 29%. Do you mean what the ability of the token itself is? well, same as for bitcoin, you need an incentive to keep miners engaged to provide their gpu power to the network. Nobody will do that for free. And ofc, the better the models get, the more expensive are the costs for mining and the higher the price needs to go. Furthermore, the token is basically your access to the network.
hi i have been following your content for a while now. have to say i find the content to be of high quality. Had farmed yari when you had announced it here and also entered bittensor on this video. I have run into one issue now and would appreciate anyone here helping out. Having invested in over 45 projects now, i am unable to figure out/recall which dex/cex i had bought Tao from. It is not on chain, btw. Any help here greatly appreciated, thank you.
That's true. Its inherent in humans. But it could also be the environment. What would you expect if you throw humans into a capitalistic race? They're going to try to win no matter what.
![Quando Rondo - Grow Up [Official Music Video]](http://i.ytimg.com/vi/8zFnCg3BO4Q/mqdefault.jpg)
they launched their mainnet a full year before the AI craze,
BUT they were already working on this for 8 years now.
They know exactly what was coming, and what the future needs.
Well done video, you guys speak on information and facts. This is the biggest opportunity for the coming years. $TAO
Yes this is huge! This hits our fundamental analysis frequency perfectly. Thanks for watching!
Great overview... Bittensor is an amazing, under appreciated and undervalued project. Massive sleeper for the next bull cycle in the AI craze as well.
100% agree. Very few times we come across a gem like this.
TAO reminds me of early days of Chainlink. At least in the way the team behaves. They know they have the best technology and they know they'll win, no need for fanfare. I remember at some point in 2018, it became a meme that we didnt know if Sergey was actually alive. We had no likes, retweets or public appearances for months. When Chainlink hired Adelyn Zhou for marketing, it was really a celebration among marines 🤣
Cant wait to see where TAO goes.
That is exactly what we said after doing more research on TAO. Link marines have been die hard from the beginning because they knew it’s importance. I have a feeling a similar community will emerge here.
Are you from a mongolian basket weaving forum ?
@@0xDevelopers Yes
It's about time! Good work fellas
Haha. Thanks! Super interesting tech here.
Accumulating since 60$ and also hit $43 during last dip. Over the counter 5 months ago they traded TAO round about $25-$40..so at least have a bit FIAT for under $40 to collect the bag
Dollar cost averaging is always a good idea.
I know you happy af right now 😁
The block runner community is 🔥🔥🔥
I appreciate you!
WOW! Great call!! $Tao is at $648 today
Yeah. It’s insane. Still room to grow too.
Here’s a recommendation. Just as Bittensor was building AI before OpenAI went mainstream, so Wilder World was building Metaverse infrastructure years before the Facebook/Meta rebranding, and using UE5. Its a step change from Sandbox/Decentraland.
Definitely aware of Wilder World. Thank you for bring it up though, so many things happening.
How far do you guys think it's realistic for TAO to drop before it continues??
With a gem like this, I don't know if it really matters if it drops. But be responsible.
Can't like this enough!! 🙏
Thanks for watching!
DAMN you guys called this one mad early!!
Yeah. It still is a great opportunity.
@@TheBlockRunner yeah I’ve bought in, honestly though I did so at the local top. I’ve got a multi-year time horizon though so wouldn’t be looking to sell until 24/25.
Literally though, congrats on calling this before the subnets were even launched… I’ve subscribed to you guys.
Ojamu is going to be huge 🚀 been around for a while before ai pump
We’ll take a look. Thanks!
Amazing video.
Since there is no market cap information how can a person estimate/calculate it? Very important metric for investing. Thanks.
Once you understand the tokenomics, you'll be able to calculate the marketcap. Luckily the tokenomics is exactly the same (kind of) as Bitcoin. So just take the price, multiply that with the circulating supply and you'll have your marketcap. which is roughly $232M.
@@TheBlockRunner Thanks so much! By the way, love your channel, by far my favorite web3 channel. Please don't stop making videos hah. Web3 gaming & AI content with no hype and critical analysis.
Thanks Sandro! I appreciate your support!
How would you add this token to a ledger?
Ledger would need to support it.
I appreciate you guys bringing your insights so I can add your thoughts into my research. There are thousands of tokens but very few that are actually products and even fewer that have market fit. I am going to find a way to reach out to you both.
Awesome! We're always open!
you guys should look into defi protocols like :
INJ and ThorChain
inj is the only 100% DEX to trade crypto
and RUNE is the only DEX for swapping Native coins like BTC to eth or BTC to AVAX
i bought INJ at $1.3 and its already at $9
Definitely. Thanks. We’ll take a look.
Currently at the price of 33$ usd ! Good time to add some more into our bag
Definitely! DCA is important.
You just 10x’s congrats!!!
How does it compare to Gensyn? Also looks in the same field with VC horsepower behind.. probably will put better marketing
We've been looking into Gensyn, we'll do a video on this at some point.
Maybe Ocean protocol does something similar? I'm not sure. Ocean even has a smaller fully diluted market cap right now (600 million).
I think we’ve talked about Ocean but we’ll take a look again.
once you understand emissions and halving the fdv shouldn't be an issue
@@TheBlockRunner nice 👍🏼🙂 maybe with Ocean it's more about decentralised big data that can be used than it is about AI, I don't remember exactly.
@@kimani3597 okay, you're right. In the (special!) case of Bittensor the dilution will happen over more than a hundred years I guess. But the dilution is biggest in the first years. On the other hand okay, that didn't stop Bitcoin's rise either. By the way, it is like "Proof of Useful Work" which to my knowledge the crypto Projekt Flux invented and is already running. They don't have an AI focus, but decentralised Web App/data/computing hosting.
@@1Spirit_fm bittensor is running with "proof of intelligence" on yuma consensus, which is a hybrid of PoW and PoS. It has both elements in it, thats why you can stake tao for example with around 29% apy currently. 7200 coins are emitted on a daily basis on which 50% or 3600 are going straight to the miners and the other half goes to the validators and its delegators, who basically fund their projects and research they are building with that apy. TAO is a self-funded state of the art AI research environment
can you make video on how to mine tao step by step?
Say something about staking $tao ;)
What's cool is that even though we have similar tokenomics as Bitcoin, you can stake $TAO which supports the ecosystem at a different level than mining. Love everything so far.
VERY INTERSTING... TO DA MOON
Haha. Thanks. That’s the current sentiment. 🙂
Can you stake tao? What's the utility... can you run a node?
yes, you can stake tao, because it's some sort of a hybrid. 50% of the daily emitted coins go to the miners and the other 50% to the validators and delegators. Current delegator apy is around 29%. Do you mean what the ability of the token itself is? well, same as for bitcoin, you need an incentive to keep miners engaged to provide their gpu power to the network. Nobody will do that for free. And ofc, the better the models get, the more expensive are the costs for mining and the higher the price needs to go. Furthermore, the token is basically your access to the network.
Yes. You can do all those things. I’m learning about how through their discord.
Excellent explanation. Thank you.
hi i have been following your content for a while now. have to say i find the content to be of high quality.
Had farmed yari when you had announced it here and also entered bittensor on this video. I have run into one issue now and would appreciate anyone here helping out. Having invested in over 45 projects now, i am unable to figure out/recall which dex/cex i had bought Tao from. It is not on chain, btw. Any help here greatly appreciated, thank you.
Mexc is where most people fet Tao and it’s on chain.
How different is this from AGIX?
Damn. Nice vid, thanks.
Appreciate that!
You guys dont miss
We’re trying hard.
which exchanges have it? i tried mexc and its not showing up
I'm not exactly sure, but I'll be looking into it as well. For research purposes only. 🙃
Mexc, if you are from us make sure to use a VPN. It’s a commodity so GEO blocked.
Thanks for the heads up!
YesIndeed
Its not built on polkadot fyi
Thanks, we'll dive deeper and explain all the details.
@@TheBlockRunner They have a DOT parachain slot, but for the moment they are not using it
Thanks for the heads up.
People run big tech. So they are the problem.
That's true. Its inherent in humans. But it could also be the environment. What would you expect if you throw humans into a capitalistic race? They're going to try to win no matter what.
Would u please do fetch AI ? And kaspa
Yes, we'll take a look at all web3 AI projects.
Sounds cool
Absolutely! We're going to go deeper on this.
ANKR
We'll take another look at ANKR too.
Ohh after my bloody shill! ahhahaah you made it
Yeah, there was a few people who though we should look at Bittensor. Thanks for pointing it out! Super interesting as you can tell.
Check out our podcast that will be released this Saturday April 22nd where we talk more about Bittensor.
Ryan Dunn Legend
W
🍾
$30000 per $tao? easy
Maybe? I could take a while to get there. Still one of the best projects out there.
homerun
Haha. Thanks Greencifer!
Look Kylacoin...21.000 torns ..micro cap
Look TARAXA
Zero soon
Haha. I like the sarcasm! 😎
If you want to talk with the devs or have an AMA with them, drop me a message
Of course! I’m in the Bittensor discord. Send me a DM @CiperWill
Please do more, and also about Polkadot 🫡
Will do thanks!