what's tao?
TAO is the native token of Bittensor, an AI-focused blockchain project that enables decentralized artificial intelligence services. The project features a unique mining mechanism where participants earn TAO by contributing AI services such as models, predictions, and data processing, rather than traditional proof-of-work mining. TAO implements a Bitcoin-like halving mechanism every ~10.5 million blocks with a maximum supply of 21 million tokens. The network operates through a subnet system where rewards are distributed based on root weight, and the project supports staking mechanisms. Bittensor launched in March 2023 with an initial distribution of 7,200 TAO per day. The platform includes derivative tokens (dTAO) and features like Substrike, a permissionless mining engine that converts social media activity into on-chain yields.
Tao integrated liquid staking via RivusDAO, launched MEV Shield, STAO ETP, and AI compute subnet.
contract
ethereum
Added to the Coinbase 50 Index (COIN50), a benchmark tracking the top 50 eligible digital assets on Coinbase Exchange, in Q1 2026.
djinn_gg launches as a subnet on Bittensor on February 27th, 2026
Experienced an increase of 132,893 TAO in exchange balances during February 2026
Presented at Tsinghua University in February 2026
Gained 6.8% in price during a broader market rally on February 26, 2026.
Staking and yield program expansions are planned for 2026.
Subnet expansion to 256 is scheduled to occur in 2026.
Enterprise AI partnerships ramp-up is scheduled for 2026.
Grayscale ETF approval is expected in Q1-Q2 2026.
Launched the Yuma Composite Index, a new benchmark for the Bittensor subnet ecosystem.
Launched main product live on subnet 44
Partnered with TeamRizzoAI and GroundLayerHQ, launched GroundLayer subnet and marketplace (Subnet 20) to facilitate structured deals between subnet teams and institutional investors, with features for fund managers to conduct OTC transactions.
Bitwise filed for an ETF for TAO.
Grayscale's Q4 2025 report identified the AI crypto sector, which includes TAO, as the worst performing sector in that quarter.
Bittensor subnets utilize TAO incentives more efficiently compared to general DePIN projects, achieving approximately $680M market cap with $20M-$30M revenue.
Generated approximately $20M-$30M in revenue across subnets, compared to $212M in total subnet market capitalization.
Integrated with RivusDAO to enable liquid staking, creating rsTAO as a yield-bearing, composable asset on Ethereum.
Ranks 7th in Santiment's AI & Big Data development activity based on GitHub commits and contributor count.
Minecraft is now available on Bittensor.
SN35 miners locked $337,000 USDC within a couple epochs.
Subnet 27 is being shut down and will no longer operate on the Bittensor network.
Subnet SN64 (Chutes AI) generates approximately $5.5M in annualized revenue from decentralized inference services.
Subnet SN3 Templar's SparseLoCo research on communication-efficient optimizers was accepted at NeurIPS conference.
Fully diluted valuation sits around $4B.
Subnet SN44 SCORE signed enterprise customers in computer vision, including Reading FC and AVIA stations.
Reached 128+ live subnets as of February 2026, focused on specialized AI tasks.
Featured in a report illustrating that Nova (sn68) subnet achieves competitive results against centralized competitors spending $500M annually while spending nothing.
Launched browser extension and wallet for managing TAO and holdings on Bittensor network, available on Chrome Store.
Released iOS wallet app version 2.0.16 with new feature set including swap functionality.
Bitcast (SN93), a Creator Network built on Bittensor, subsidizes payments to creators through the Bittensor chain, with AI evaluating creator work product and views.
Agentic activity on Bittensor is increasing, with mentions of permissionless rails for openClaw agents to make money and compete for rewards.
Received approximately $20,000 worth of TAO deployed into Bittensor blue chip subnets overnight preceding February 18, 2026.
Sum of alpha prices increased from approximately 1 to 1.22, signaling value accrual.
Subnet averages 38% gains in the last 7 days, outperforming all AI category projects.
Partnered with Crunch, bringing 11,000 AI experts to mine on the Bittensor network via the Subnet Mining Hub, featuring Claw Skill.
The amount of TAO on Root Network has fallen below 50% of total supply.
IoTAI Network made an initial $30k TAO accumulation with plans for a six-figure allocation to stake TAO and redistribute staking rewards to holders.
token reached $191 price and $2 billion market cap
partnered with Yuma Group for TAO staking services
Hosted Subnet Ideathon at Sankalp Africa Summit in Nairobi on 2026-02-25, offering $18,000 cash prizes, $5,000 compute credits from Basilica, up to 1,000 TAO funding from Unsupervised Capital, and up to $260K in potential TAO funding. Round 1 deadline 2026-02-25, Demo Day 2026-03-31.
Opentensor Foundation validator ranks #3 among validators with 7.58% dominance.
Opentensor Foundation validator holds delegated stake of over 570,000 TAO from 11,005 nominators.
Opentensor Foundation validator validates on 104 out of 128 subnets on the Bittensor network.
Chain nodes decentralized through nominated proof-of-stake implementation.
Transaction fees now fund infrastructure directly.
Ranks as the #2 most searched asset on CoinGecko.
Subnet tokens offer yield of approximately 40% APY for participation, with some offering higher rates.
Listed on Upbit with KRW, BTC, and USDT trading pairs, accessing the South Korean market with Upbit's 70% share.
Has 5 million TAO tokens on root network as of February 15, 2026.
Gained 16% over a 7-day period ending February 15, 2026, according to market performance data.
Reached 3.5M social engagements in 24 hours, ranking first among AI crypto projects tracked for social network attention.
Integrated with Hyperliquid to enable permissionless funded accounts for traders on the Hyperliquid platform.
Launched on-chain governance via triumvirate ratification system with veto mechanisms by validators and subnet owners.
Integrated as a payment option for hosted Claw (Basiliclaw) service being tested by markjeffrey.
Subnet 75 (@hippius_subnet) goes live on Claw Hub with their own Skill MD file including x402 micropayments and S3 storage integration.
Reached approximately 500 active miners on subnet 9 (IOTA_SN9) as of February 13, 2026.
VantaTrading goes live on Bittensor's mainnet, with platform launch scheduled for the week of February 17, 2026.
Co-founder shibshib89 stepped down from Opentensor; power transitions.
Const_reborn stepped down as Opentensor CEO for Bittensor network decentralization, transitioning to a non-privileged subnet builder role as Opentensor Foundation relinquished control.
Launched 4th subnet on Bitstarter platform.
Distributes $100M annually in incentives to 128 subnets on the Bittensor network through blockchain emissions to subnet miners.
Dynamic TAO emissions system reached 1-year milestone on mainnet on 2026-02-13, with market-driven emissions where subnets issue α tokens and TAO/α pairs price output.
Partners with BitGo for institutional custody services.
Partners with Grayscale for asset management, Yuma funds, and TAO ETP products.
Reached 195 miners on the network.
Has 50+ active subnets currently operating on the Bittensor network.
Generated $143K in fees over a 7-day period, ranking 7th among AI tokens by revenue.
Reached a 2-year low price level.
Integrated with RivusDAO for liquid staking of TAO on Ethereum through rsTAO, enabling TAO yield earning without lockups.
Implemented Child Key Fees up to 18%.
Launched MEV Shield with encrypted mempool to protect against front-running.
Launched STAO ETP on SIX Swiss Exchange providing regulated staking exposure.
Integrated Chutes (SN64), an open source AI provider on OpenRouter, to host Claw on the Bittensor network, providing serverless AI compute via Bittensor Novelty Search.
AI commodities mined on Bittensor can now be traded or expressed in a new agentic marketplace.
Launched consumer VPN product on iOS and Android through Subnet 65 (TPN_Labs), a zero-logs VPN built on decentralized infrastructure.
SN35 subnet from 0x_Markets went live on mainnet.
IOTA_SN9 and MacrocosmosAI launched Train at Home product on Bittensor network, rewarding participants with SN9 TAO tokens.
Synth (subnet 50) integrated OpenClaw skill to access its price prediction outputs.
Completed a scheduled supply halving event, part of its fixed supply tokenomics.
Launched chain-native perpetuals DEX on February 2, 2026, accepting TAO as collateral for 3x leveraged positions in 12 subnets.
Bittensor is becoming more credibly non-political by allowing subnets to do anything (not just AI-related activities), according to market commentary.
Barry Silbert, founder of Digital Currency Group and Grayscale, identifies TAO as one of his high-conviction picks for the current market cycle alongside BTC, ETH, SOL, ZEC, and Bittensor subnet tokens.
Open beta for Ridges AI releases on 2026-02-19.
crunchDAO brings 10,000 ML engineers and 1,200 PhDs across 100+ countries to Bittensor subnet mining through chain economics incentives.
Subnet 121 (sundae_bar) operates as a training ground for generalist AI agents with a structured evaluation pipeline including task creation, multiple independent validators, numeric scoring with rationale, and observable leaderboards testing agents across business domains such as ops, support, finance, HR, engineering, analytics, and legal.
Taoshi joined forces with Rizzo and DNA fund to form a public vehicle (DAT) for bittensor ecosystem operations, planning to list on NYSE.
SubConnect, a Bittensor native consultancy firm, launched to provide strategic support for TAO subnets in areas of technology, community, and capital.
Listed on Bitstamp by Robinhood for US trading on February 9, 2026.
Partnered with Bitget to integrate Bitcast (Subnet 93) content platform with Bitget's Universal Exchange (UEX), expanding beyond Bittensor-only audience to broader financial markets.
Bittensor has a presence at the World Economic Forum in Davos.
Grayscale filed for spot TAO ETF conversion on December 30, 2025.
Bittensor is operating 256 subnets and generating revenue.
Hosts Subnet Ideathon with Hackquest at Sankalp Forum, offering over $18,000 USD in cash prizes, accelerator access, and up to 1,000 TAO investment, with an Africa focus. Submissions close 2026-02-25.
Launched BitAds SN16 subnet with proof-of-sale marketing functionality.
Data SN13 subnet analyzed over 65,000 posts for real-time sentiment analysis.
Talisman AI SN45 subnet reached over 100,000 revenue-generating customers.
Launched Hermes SN82 subnet for AI-blockchain data querying.
Generated $2M+ in total fees year-to-date in 2026.
Integrated vision AI models with CARD for cricket game footage processing, player evaluation, and talent identification.
Integrated computer vision AI into Reading FC for on-pitch and off-pitch performance and operations through Score subnet deployment.