Bittensor (TAO) Aims to Overcome 2021 Crypto Challenges: Here's What They Are Developing
2021 Crypto Landscape: The crypto industry faced significant trust issues in 2021, with $14 billion lost to fraud, leading to a collapse in confidence and a shift in focus from speculative investments to real-world applications.
Bittensor's Unique Approach: Bittensor (TAO) distinguishes itself by offering AI services that generate real revenue through enterprise payments, rather than relying on retail speculation, thus aiming to restore trust in the crypto space.
Token Design and Functionality: The TAO token features a hard cap of 21 million, promoting transparency and serving as a base asset for a network that produces tangible AI outputs, contrasting with the hype-driven models of 2021.
Shifting Perspectives: Discussions around Bittensor emphasize the importance of evaluating projects based on their real-world value and revenue generation, rather than past speculative trends, highlighting a potential shift in the crypto industry's future.
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