Bittensor will undergo its first halving on December 14th, reducing the daily supply of TAO tokens to 3600.

On December 8th, Cointelegraph reported that the decentralized machine learning network Bittensor will undergo its first token halving event around December 14th. At that time, the daily supply of its native token, TAO, will be halved from the current 7200 to 3600.

Bittensor is a decentralized open-source machine learning network built around specialized "subnets," creating a marketplace for AI services through incentive mechanisms. Grayscale Research analyst William Ogden Moore called this event a "key milestone in the network's maturation," as Bittensor is moving towards its 21 million token supply cap, employing a fixed supply model similar to Bitcoin.