Bittensor (TAO) is about to undergo its first reward halving as this decentralized artificial intelligence network approaches a supply cap of 10.5 million $TAO . The event is expected to take place on or around December 14, 2023, and will reduce the daily token issuance by half.

This halving marks a significant milestone for Bittensor, similar to the deflationary model of Bitcoin (BTC). While experts expect this event to stimulate price increases, others warn of the potential for a "sell the rumor" event.

TAO

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