Grayscale: Like Bitcoin, Bittensor's native token, $TAO, also follows a four-year halving cycle. The network's first halving is expected to occur in 5 days, reducing the daily token issuance from approximately 7,200 TAO to 3,600 TAO.
Bittensor is witnessing increased network adoption and institutional investment. Grayscale Research believes that the combination of the reduced TAO supply after the halving and growing demand for TAO could serve as a positive catalyst for the Bittensor ecosystem.
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5 days 3 hours left $TAO until Halving
Grayscale: Like Bitcoin, Bittensor's native token, $TAO, also follows a four-year halving cycle. The network's first halving is expected to occur in 5 days, reducing the daily token issuance from approximately 7,200 TAO to 3,600 TAO.
Bittensor is witnessing increased network adoption and institutional investment. Grayscale Research believes that the combination of the reduced TAO supply after the halving and growing demand for TAO could serve as a positive catalyst for the Bittensor ecosystem.