Digital Currency Group (DCG) founder Barry Silbert is shifting his capital focus to the decentralized artificial intelligence market by betting on the Bittensor (TAO) token. This project replicates the mathematical scarcity model of Bitcoin and Zcash with a fixed supply capped at 21 million coins and regular halving mechanisms. Bittensor miners compete by training and mutually evaluating real artificial intelligence models within competing subnets, unlike traditional mining that performs abstract computations. DCG has been investing in Bittensor since 2021 and Silbert created the subsidiary Yuma Group to manage this activity, while Grayscale offers a dedicated trust providing regulated market access to the token.
Source: Read the original article
