Data: Bittensor (TAO) rose nearly 20% in 1 hour, currently priced at $689.84

ChainCatcher news, according to RootData, Bittensor (TAO) has risen nearly 20% in the last hour, currently priced at $689.84.

According to the RootData page, Bittensor is an open-source protocol that supports a blockchain-based machine learning network. Machine learning models are collaboratively trained and rewarded in TAO based on the value of the information they provide to the collective. TAO also grants external access, allowing users to extract information from the network while adjusting their activities according to their needs. Ultimately, the project's vision is to create a pure market for artificial intelligence, an incentivized stage where consumers and producers of this valuable commodity can interact in a trustless, open, and transparent environment.