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 reached 443k holders, listed on Binance Japan, and launched the AI-focused Quasar subnet.
contract
ethereum
Reached 443,226 holder addresses.
Shows heavily long-leveraged positions at 85%+ according to market data, with expected volatility as the market may target these over-leveraged positions.
Listed on Binance Japan exchange.
Quasar (Subnet 24) launched on the Bittensor network, developed by SILX AI and funded via Bitstarter, focusing on long-context memory for AI models.
Integrated into Future's AI layer to power prediction market infrastructure alongside other networks
Launched the Precog subnet enabling on-chain AI data to become a paid commodity.
Achieved a 7-day price performance of +17.46% as of January 3, 2026.
Introducing V3 upgrade in January 2026, which includes a completely new concept alongside a redesigned UI and UX.
Experienced a hack/exploit by Tenex_SN67 resulting in the loss of approximately 6,500 TAO (valued at approximately $1.4M) on January 1, 2026.
Achieved EVM compatibility in 2025, enabling integration with DeFi applications and agents.
Subnets grew in 2025, but sustainable emissions remained rare with no major hacks prevented by security agents or widespread enterprise adoption, and AI crypto tokens retraced heavily.
Received bullish commentary from Jason Calacanis, host of the All-In Podcast.
Tensorplex Labs suspended development of the Dojo subnet, which was designed to decentralize human feedback and model fine-tuning pipelines, due to economic unviability of anti-gaming mechanisms and shift toward commercial validation.
Dippy, a roleplay AI subnet (Subnet 11), has reached 9 million users on iOS.
Added as a perpetual futures trading pair on nadoHQ with unified margin and up to 10x leverage.
Recorded 24-hour trading volume of $69,349,451 with price at $223.68 and market cap of $2,165,302,065.
Enables open-source quantum inference processing on its network.
Implements fee-based buyback and burn mechanism on Subnet 106, where usage fees are used to buy back and burn tokens.
Partners with Irys to deploy trustless, auditable Proof of Portfolio infrastructure on Bittensor Subnet 8 (VantaTrading by Taoshi).
Received $724K in institutional capital inflows to digital asset treasuries between December 8-14, 2025.
VOID (Subnet 106) introduces liquid staking layer allowing users to stake TAO and receive liquid staking tokens representing the underlying asset plus accrued staking rewards.
Ranked second among AI projects by social engagement over 24 hours with 1.01 million engagements on December 18, 2025.
Reached $78,000 per day in network revenue.
Predicted to be the biggest winner of 2026, expected to draw significant talent from Silicon Valley and demonstrate the future of capitalism and employment.
Achieved a staking ratio of 76.8%.
CME Group launches real-time crypto price feeds on December 29, 2025.
TAO receives $150M in whale inflows, ranking 6th among altcoins with the highest current whale accumulation activity.
TAO Private Network (Subnet 65) launches federated mining infrastructure with 1500+ workers and 26 pools spanning 100+ countries, rolls out full developer API suite, and enters final testing for WhaleSurf consumer VPN with iOS/Android apps coming this year.
Multiple agents launch on CreatorBid ecosystem powered by various Bittensor subnets (SN44, SN18, SN22, SN34), and SN98 opens Alpha-gated Telegram group on halving day.
Affine subnet moves past Chutes in subnet rankings, ending Chutes' long-standing #1 position on the Bittensor subnet charts with the gap between them narrowing significantly.
The first halving event occurs today, marking a major protocol milestone that affects token emission rates.
Network participants climb into the six figures and TAO-aligned funds including Yuma and Synergies raise and deploy multi-million dollars to grow the ecosystem.
Block rewards are cut to 0.5 TAO per block following completion of the first halving event.
Grayscale publishes a full report on the Bittensor halving, marking new institutional research coverage. Bittensor ranks 9th among blockchain ecosystems with 1.91% mindshare in 2025.
Daily token unlocks exceeding $1 million are scheduled for TAO over the next seven days as part of linear unlock events.
The first Bittensor halving event occurs today, marking the actual implementation of the block reward reduction that was previously announced for this date.
Among top cryptocurrencies, TAO is one of only four coins (alongside LTC, RARI, and AVAX) experiencing positive social mention activity today while most other top coins show negative social activity.
Bittensor Subnets sector reaches $891M market cap on December 14, ranking fifth among AI cryptocurrency categories behind AI Agents ($3.47B), AI Framework ($1.92B), AI Agent Launchpad ($1.68B), and AI Applications ($1.11B).
Ridges AI subnet scores 96% on Polyglot Python test across 135 problems, becoming the first open source agent to reach this performance level on the AI coding benchmark.
Block reward decreases to 0.5 TAO per block in 24 hours as part of the halving event.
The first Bittensor halving occurs in 1 day with only 7,558 TAO remaining to be emitted before the supply reduction takes effect.
Anti-MEV protection becomes operational, Taoflow launches, and alpha token staking offers 20x higher APY compared to root staking.
A Bittensor conference is scheduled for March in San Francisco.
TAO halving event approaches and Bittensor Subnet 75 (Hippius) reports Arion has closed the performance gap between decentralized and centralized storage.
The tao_com team launches an iOS wallet with Coinbase integration for TAO acquisition and subnet token purchases.
TAO captures 2.5M social interactions, ranking first among top 10 AI crypto projects by social activity measured through posts and engagement.
Grayscale Bittensor Trust ($GTAO) begins trading on OTCQX as the first publicly quoted U.S. investment product offering TAO exposure and becomes an SEC Reporting Company.
Institutional funds DSV, Stillcore, and Yuma (backed by DCG) are getting involved in the network, while top 10 subnets now capture almost half of all emissions under the Taoflow mechanism that pays subnets based on TAO inflows versus outflows.
VanEck forecasts TAO revenue at $300M currently and projects growth to $3.5B by 2030, within their broader AI-crypto revenue projection of $10.2B by 2030.
The first halving event approaches soon, reducing TAO emissions from 7,200 to 3,600 per day.
Bittensor activates MeV Shield with encrypted mempool, eliminating front-running and sandwich attacks for improved transaction execution.
The first TAO App Campaign launches, offering $10 ETH rewards to the top 2,000 users who buy or deposit $50+ in TAO, running through December 24.
Bittensor Subnet 9 launches live, and a new Bittensor wallet demo allows users to buy TAO directly with credit card in-wallet and stake in subnets without external exchanges.
A major comprehensive report on Bittensor is published by Bloomberg contributors today.
Over 100 crypto-AI startups currently build within the network across agents, model training, inference, and frontier research, with development and revenue generation activity at the fastest pace in network history.
Gensyn launches their machine intelligence network with an invitation for Bittensor miners and subnets to join and integrate with the platform.
Gensyn announces Sonar community round with 3% supply allocation at $1BN valuation cap, positioning as a major decentralized training/RL player. Almanak and Talus Network TGEs are incoming, with all three developments framed as catalysts for a potential DeAI season alongside the halving.
The first TAO halving occurs between December 9-13, 2025, triggered when circulating supply reaches 10.5M (currently at 9,597,491), cutting block rewards from 1 to 0.5 TAO and daily issuance from 7,200 to 3,600 TAO while Alpha subnet rewards remain unchanged, creating new liquidity dynamics across 30+ subnets. TAO is featured in Grayscale Decentralized AI Fund and at least one other institutional ETF.
The AI sector adds $870M in market cap with TAO leading the bounce alongside NEAR as traders rotate back into AI risk and small caps.
Gensyn Foundation launches official account and announces major announcement planned for December 9, with website mini-game completion revealing a potential TGE coming soon.
A protocol upgrade pushes this week that changes the default staking claim type from automatic alpha-to-TAO swapping to receiving alpha dividends directly, requiring stakers to manually select the SWAP claim type to continue receiving TAO rewards.
Gensyn attempts a Bittensor-style subnet token model that resembles Polymarket for models rather than alpha tokens.
Mining slots on TPN subnet now operate as mining pools, allowing the VPN application to scale beyond the 250 mining slot limit to more than 1 million active connections.
Halving date confirmed as December 12, 2025, cutting daily emissions from 7,200 to 3,600 TAO. Europe's first staked TAO ETP goes live on SIX Swiss Exchange, and TAO represents the largest holding in Grayscale's Decentralized AI Fund.
Subnet 44 (webuildscore) lands partnerships with Reading Football Club, CARD cricket, and AVIA petroleum, plus powers a profitable sports bookmaker, demonstrating real-world revenue generation.
Subnet staking increased 4x to 15.87% of circulating supply from 4% months ago, as Root staking decreased 14% to 53.94% from 68%.
A new Bittensor wallet from tao_dot_com features staking and APY earning capabilities, discussed in Hash Rate podcast episode 148. The halving occurs when the 10,500,000th TAO is issued in mid-December.
Grayscale expects the halving next week to boost TAO price.
Linear token unlocks exceeding $1 million per day occur in the next seven days according to Tokenomist data.
First halving now scheduled for December 14 instead of December 12.
Bittensor's first TAO halving will occur on December 12.
Daily emissions drop 50% (from 7,200 to 3,600 TAO) in approximately 8 days through scheduled halving. TAOflow mechanism requires subnets to attract TAO into their liquidity pools to earn emissions.
TAO declines -4.23% over 7 days, the smallest decline among 10 major AI tokens during a sector-wide pullback.
New taoflow emissions structure represents improvement over previous protocol emissions model.
DePIN sector grows 3.5x year-over-year, with Q4 increase driven by Bittensor subnet burns.
Whale address 5GuRL sells TAO while multiple other whales accumulate, with activity connected to subnet 50 Synthdata.
Protocol generates $78K daily revenue sustained over 6 months. Artemis launches full TAO dashboard for tracking revenue, flows, supply, and MC/revenue metrics.
TAO Halving scheduled for next week in December, coinciding with Almanak TGE. Multiple Bittensor subnets featured in Messari's State of AI Report, and subnets now have billboard advertising.
Affine becomes the new top-ranked subnet on Bittensor, replacing Chutes which had held the #1 position since dtao launch.
Stillcore Capital announces investment in Ridges (Bittensor Subnet 62).
Grayscale Research publishes dedicated Bittensor report highlighting Chutes and Ridges subnet product-market fit and mentioning Stillcore Capital.
Content recommendation list references analysis of a Bittensor halving event, a protocol milestone that typically affects token emission rates.
TAO posts -37% YTD performance, ranking among top performers after BTC (-8%), ETH (-16%), and SOL (-32%), while significantly outperforming major altcoins including TIA (-87%), OP (-83%), FET (-77%), and RENDER (-74%).
Subnet 18 (Zeus) achieves 20-40% accuracy improvements over institutional weather forecasting systems like ECMWF's IFS HRES and begins selling API access directly to commercial users, initially targeting the energy trading vertical.
Grayscale decentralized AI fund includes TAO.
First halving arrives as scheduled, reducing TAO supply growth. Growing developer traction and institutional participation accompanies the halving event.
Tao flow mechanism implemented approximately 1 month ago causes multiple subnets including Synth, Quantum Compute, Sportstensor, ReadyAI, and Talisman to drop to 0% emission, with Ridges (SN62) recording negative -9kt flow. The author calls for the network to revert the implementation and establish proper governance, arguing the mechanism damages high-quality subnets and prevents new entrants.
TAO Subnets segment posts 10% gain in 24-hour period, outperforming AI Agent Launchpad (+3.32%) and AI Agents (+3.70%) categories.
First halving confirmed for December 15. Subnets pioneer AI spam detection targeting $55B BEC scam market with crowdsourced training data.
Three top 20 subnets (Sportstensor, Synth, Quantum Compute) currently receive 0% TAO emission despite achieving product-market fit, meaning no TAO enters their liquidity pools while alpha tokens continue emission, creating higher sell pressure especially for lower-ranked subnets with thinner liquidity.
TaoStats launches OTC Desk as the first application of Bittensor native smart contracts, enabling users to list alpha for sale and place alpha requests, with two legacy subnets currently listed for sale with built-up pool liquidity.
Subnet 8 (Vanta) introduces a competitive trading system where miners stake SN8 tokens, trade with leverage for payouts, and losing traders get their stakes burned.
Current holder count stands at 427,000.