Bittensor is going to be the next Internet Computer Protocol

Both assets rely heavily on a grand technological narrative.
ICP: “The decentralized internet replacing AWS and cloud computing.”
TAO: “Decentralized AI marketplace where models compete and get rewarded.”

Both projects have architectures that most investors cannot evaluate due to cognitive/time constraints. So they rely on social proof and dominance narratives/hype. And each project attached itself to the biggest narrative of its time.
ICP: Web3 infrastructure
TAO: Artificial Intelligence

AI currently has even stronger hype dynamics than Web3 did in 2021.

Personally I view bittensor as a very shady snake in the grass