Hopefully it gives newcomers to the project an idea of what @bittensor_ is and what they are trying to achieve
I will continue to add to it as time passes.. Its a re-hash of my thoughts over the past 6 months
$TAO = The creation of the Neural Internet 🌐
Imagine Machine Learning problems were not solved by huge centralised supercomputers owned by a few mega-corporations..
Instead.. Leveraging every available computer around the world in a truly decentralised manner to train ML/AI models & allow them to connect & interact
$TAO
#Bitcoin is rewarded via every block.. But there's a lot of wasted energy through those who offer compute power & fail
$TAO takes those extra compute resources & uses it to develop/train Machine Learning & AI models via the Bittensor network
Meaning very little energy is wasted
$TAO been developing a decentralized neural net for 7+ years
Network will grow exponentially over time as intelligence compounds
More it grows.. less newcomers will be able to compete
Centralized companies ability to pivot shrinks by the day
First to the market is everything
Machine learning as a commodity through the worlds first neural internet
"We're doing something similar (to #bitcoin) at @bittensor_ where there is consensus around who is creating value & we can distribute tokens to those computers"
"Thus, creating a competitive & incentivized mechanism for the creation of machine intelligence"
$TAO will not see partnerships.. much like #bitcoin doesn't partner with companies
As Bittensor slowly grows to become the largest & most powerful decentralized neural networks in existence..
Corporations will plug in & utilize the network to train & produce their ML/AI models
I'm betting big on $TAO.. Real big
The evolution of AI is growing exponentially
Machine Learning is already at the centre of our daily lives, without even knowing it
The arms race to build the largest neural network in existence has begun
$TAO is best equipped to win the race
I get incredibly bullish on $TAO when I see AI companies like Jasper and Stability AI hit valuations of $1b+
These guys are valued highly due to certain impressive programs..
In creating the most powerful Neural Net in existence.. $TAO will improve on all these programs
✅ "Basis of the network is the consensus algorithm that runs on chain, which is a mechanism for the computers that make up the nodes on @bittensor_
to agree upon who in the network is producing value & who is not"
✅ "That consensus mechanism is the core of the network"
$TAO
By running a @bittensor_ Validator.. you are helping to validate machine intelligence
Intelligence that is incentivized to learn by the $TAO token
This only results in broader intelligence and a better society
$AZERO at 10c.. it went to $3.10
$QNT at $1.. it went to $420
$ZCX at 3c.. it went to $7.30
$UOS at 5c.. it went to $2.60
$ALBT at 6c.. it went to $1.33
$TAO under $10.. its at $70
I try to share this stuff as early as possible..
1/
It doesn't always work out & some projects don't fulfill their potential
Also.. bear markets happen
Def got some projects dead wrong & been burnt a few times
Being early is a risky game within itself.. you're largely taking a punt on an idea
But thats the name of the game
2/
Some projects it doesn't matter how early you are.. if they fail, they fail
That's why a form of profit taking is always best practice.. for protection against these risk
It's not good being early.. watching it hit highs.. then witnessing it crash