Bittensor (TAO) Scarcity: A Potential Competitor to Bitcoin

Bittensor's Upcoming Halving: The first halving of Bittensor's $TAO token is set for December 2025, drawing comparisons to Bitcoin and Zcash, both of which have a 21 million supply cap and halving schedules every four years. The current price of $TAO is around $392, raising curiosity about its potential value post-halving.

Unique Economic Model: Bittensor's ecosystem rewards users for staking $TAO and contributing computing power across 128 active subnets, creating a competitive environment that links scarcity with productivity. This design shift emphasizes active participation over mere token holding.

WASM Upgrade and New Features: The recent WASM smart contract upgrade introduces new functionalities like lending and automated trading, transforming Bittensor into a comprehensive digital economy that fosters collaboration and computation, rather than being solely an AI project.

Potential Market Impact: Analysts suggest that $TAO could achieve a $1 trillion market cap faster than Bitcoin, driven by its combination of scarcity, utility, and a competitive staking model. This positions $TAO as a potentially significant store of value in the crypto market.