Bittensor’s TAO Token Listed on Luno, Expands to Emerging Markets with 13% Weekly Gain

Luno, a prominent regulated cryptocurrency platform in emerging markets, has announced the listing of Bittensor’s TAO token. This development allows users in South Africa, Nigeria, Uganda, and Indonesia to access the TAO token, significantly expanding the protocol’s presence in these rapidly digitizing economies. The listing has generated enthusiasm across forums, indicating strong initial interest and potential increases in trading volume.

Bittensor is unique in its combination of blockchain and machine learning. Its native token, TAO, powers a decentralized AI crypto network where users can construct and monetize artificial intelligence models. This fusion has attracted developers and investors, fostering a growing community eager to participate in the evolution of decentralized AI. The Luno listing enhances the project’s exposure and legitimacy, particularly in regions where crypto adoption is rapid and interest in AI applications is rising. This increased visibility could mark a turning point for broader digital finance.

The TAO listing on Luno comes at a time when the token has shown a considerable upward trend, with a 13% weekly price increase despite a generally stable crypto market. Analysts attribute this growth to rising institutional attention and recent technical enhancements, including compatibility with the Ethereum Virtual Machine (EVM) and the dTAO upgrade. The dTAO upgrade introduced an updated governance framework and revised tokenomics structures, leading to a notable increase in staked TAO tokens and driving market capitalization over $3 billion.

Beyond price, the core value of Bittensor lies in its unique machine learning structure. Unlike conventional AI ecosystems dominated by large tech firms, Bittensor enables individuals worldwide to contribute useful machine learning models. These models compete openly based on utility and precision, rewarding the best contributors directly with TAO tokens. This incentive model democratizes AI development and ensures vital innovation can avoid restrictive corporate silos. Luno’s listing provides everyday users with a tangible entry point into this evolving ecosystem, bridging theoretical AI with practical technology.

Luno’s decision to list the Bittensor TAO token aligns with its strategy of offering diverse digital assets. Operating in over 40 countries with more than 13 million users, Luno leads the way in regulated crypto adoption, particularly in Africa and Southeast Asia. The exchange recently included Algorand and NEAR Protocol on its established Malaysian platform, showcasing its commitment to diversifying investment options. This rigorous vetting standard boosts investor confidence and supports long-term asset stability.

For Bittensor, the listing on Luno signifies more than just another trading platform. It represents a strategic advance into markets known for young populations and widespread mobile use. These markets show growing interest in both artificial intelligence applications and blockchain technology. By facilitating access to the TAO token, Luno provides important investment opportunities for underserved populations, paving the way for new contributors to join the Bittensor network actively building AI.

The Bittensor TAO listing on Luno marks a significant milestone for the entire TAO ecosystem’s growth. It extends the protocol’s reach to new users in some of the world’s most vibrant emerging markets. As both artificial intelligence and cryptocurrency reshape the technological landscape, Bittensor sits at the intersection of these revolutions. The project’s decentralized method for developing AI, combined with growing institutional focus and key technical improvements, suggests strong potential value growth. This expansion can notably democratize access to essential AI technology for many users.