Bittensor's First Halving to Cut TAO Supply in Half on December 14

iconBitcoinsistemi
Share
Share IconShare IconShare IconShare IconShare IconShare IconCopy

Citing BitcoinSistemi, Bittensor, an AI-driven decentralized network, is set to conduct its first halving on December 14, reducing the daily supply of its native token TAO from 7,200 to 3,600. The event marks the completion of the project's first four-year cycle and is expected to increase token scarcity, potentially influencing its price. Grayscale analyst Will Ogden Moore noted that the halving is a key milestone in Bittensor's maturation, aligning with Bitcoin's historical pattern of supply reduction driving value. Institutional interest in the Bittensor ecosystem has also grown, with new investment products and public companies establishing TAO treasuries.

Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information. Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.