WTAO

Wrapped TAO price 
WTAO

$443.96  

4.67% (1d)

Smart contract of the following asset can be modified by the contract creator (for example: disable selling, change fees, mint new tokens, or transfer tokens). Please exercise caution before taking any action and DYOR.

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Wrapped TAO statistics
Market cap
 

0.00%

$22,819,474
#2772
Volume (24h)
 

47.89%

$1,033,861
#1069
Volume/Market cap (24h)
 
4.53%
Self-reported circulating supply
 
51,400 WTAO
0.24%
Total supply
 
51,400 WTAO
Max. supply
 
21,000,000 WTAO
Fully diluted market cap
 
$9,323,131,553
WTAO to USD Converter
WTAO
USD
Price performance
24h 
Low
$443.96
High
$489.92
All-time high
Apr 11, 2024 (25 days ago)
$767.30
-42.14%
All-time low
May 14, 2023 (a year ago)
$21.20
+1994.11%
See historical data
Popularity
In watchlists721x
6835th / 9.9K
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Smart contract of the following asset can be modified by the contract creator (for example: disable selling, change fees, mint new tokens, or transfer tokens). Please exercise caution before taking any action and DYOR.

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About Wrapped TAO

TAO is the native token of Bittensor, a revolutionary decentralized network built on the blockchain that empowers machine learning models and validators to form a market for machine intelligence. The network provides a unique platform where validators can query multiple machine learning models, rank them according to their criteria and select the best ones for mining. Bittensor ensures that each validator has a say in determining which data miners produce, ensuring that only the most valuable data is rewarded.

Validators are incentivized to come to a consensus and rank the miners according to their contributions, and the rewards are distributed proportionally between the miners and validators. The system is built on a 50/50 model, where both validators and miners share the rewards, ensuring a fair and transparent distribution of rewards.

In summary, TAO is the fuel that powers the Bittensor network, which creates a decentralized marketplace for machine intelligence. Through the use of machine learning models and validators, Bittensor ensures that only the most valuable data is rewarded, and the rewards are distributed fairly between validators and miners.