Bittensor is an open-source protocol that powers a decentralised, blockchain-based machine learning network . Bittensor’s mission is to create an “internet-scale” AI marketplace where participants collaboratively build and share AI models without a central authority. Most people even called it the “The Bitcoin of AI”
Project opportunity
Bittensor sits at the crossroads of two booming sectors: artificial intelligence and blockchain/Web3. Aiming to build a neural internet and compete with centralized AI platforms by targeting the entire AI value chain’s multi-trillion dollar market.
For instance, the generative AI market alone is expected to reach about $110 billion by 2030, growing at roughly 35–38% CAGR, A recent Harris Poll commissioned by Digital Currency Group (DCG) found that 77% of consumers believe decentralized AI would be more beneficial than AI controlled by Big Tech.
“Decentralised AI Opportunity Is ‘Bigger than Bitcoin,” Says DCG’s CEO Barry Silbert
Table of Content
- Project Overview
- How does Bittensor work?
- Market Opportunity
- Tokenomics
- On Chain Analysis
- Competitor Analysis
- Bittensor Long Term Growth
- Conclusion
