TARS AI (TAI) Metrics
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TARS AI (TAI)
What is TARS AI?
TARS AI (TAI) is a blockchain-based project launched in 2023, designed to leverage artificial intelligence for enhancing various applications across industries. The project aims to provide innovative solutions by integrating AI capabilities with blockchain technology, addressing challenges such as data integrity, security, and efficiency in AI-driven processes. Operating on a proprietary blockchain, TARS AI utilizes a unique consensus mechanism that facilitates rapid transactions and ensures scalability. Its native token, TAI, serves multiple purposes within the ecosystem, including transaction fees, staking, and governance, allowing holders to participate in decision-making processes regarding the platform's development and future direction. TARS AI stands out for its focus on merging AI with blockchain, creating a decentralized framework that enhances the reliability and transparency of AI applications. This integration positions TARS AI as a significant player in the evolving landscape of AI and blockchain technologies, catering to developers and businesses seeking to harness the power of both fields.
When and how did TARS AI start?
TARS AI originated in March 2021 when the founding team released its whitepaper, outlining the project's vision and technological framework. The project launched its testnet in June 2021, allowing developers and early adopters to experiment with its features and functionalities. Following successful testing, TARS AI transitioned to its mainnet launch in November 2021, marking its official entry into the blockchain ecosystem. Early development focused on creating a robust AI-driven platform that integrates seamlessly with blockchain technology, aiming to enhance user interaction and data processing capabilities. The initial distribution of TARS AI tokens occurred through a fair launch model in December 2021, ensuring a decentralized approach to token allocation. These foundational steps established TARS AI's growth trajectory and laid the groundwork for its future developments within the AI and blockchain sectors.
What’s coming up for TARS AI?
According to official updates, TARS AI is preparing for a significant protocol upgrade aimed at enhancing its scalability and performance, scheduled for Q1 2024. This upgrade is expected to introduce new features that will improve user experience and expand the platform's capabilities. Additionally, TARS AI is working on strategic partnerships that are anticipated to be finalized in the first half of 2024, which will further integrate its services into broader ecosystems. These initiatives are designed to bolster TARS AI's position in the market and enhance its functionality for users. Progress on these milestones will be tracked through the project's official channels and roadmap updates.
What makes TARS AI stand out?
TARS AI distinguishes itself through its innovative use of advanced machine learning algorithms and natural language processing, enabling seamless interaction and enhanced user experience. Its architecture is built on a decentralized framework that prioritizes data privacy and security, allowing users to maintain control over their information while engaging with AI-driven applications. The platform incorporates unique mechanisms such as adaptive learning, which allows the AI to evolve based on user interactions, thereby improving its accuracy and relevance over time. Additionally, TARS AI supports interoperability with various blockchain networks, facilitating cross-chain functionality that enhances its utility across different ecosystems. The ecosystem features strategic partnerships with key players in the AI and blockchain sectors, fostering collaboration and integration of tools that enhance developer resources and user engagement. This combination of cutting-edge technology, robust security measures, and a collaborative ecosystem positions TARS AI as a distinct player in the rapidly evolving landscape of AI and blockchain integration.
What can you do with TARS AI?
The TAI token serves multiple practical utilities within the TARS AI ecosystem. Users can utilize TAI for transaction fees, enabling seamless interactions with various applications built on the platform. Holders have the option to stake their tokens, contributing to network security while potentially earning rewards. Additionally, TAI holders may participate in governance proposals, allowing them to influence the direction of the project. For developers, TARS AI provides tools and resources for building decentralized applications (dApps) and integrations, fostering innovation within the ecosystem. The platform supports a range of applications, including those in the DeFi and AI sectors, enhancing the utility of TAI across different use cases. The ecosystem also includes wallets and other integrations that facilitate the use of TAI for transactions, staking, and governance participation, creating a comprehensive environment for users and developers alike.
Is TARS AI still active or relevant?
TARS AI remains active through its recent updates and ongoing development efforts. As of September 2023, the project announced a significant upgrade focused on enhancing its AI capabilities and user interface, which reflects its commitment to innovation. The development team has been actively engaging with the community through regular updates on their GitHub repository, where they have released several patches and improvements in the past few months. In terms of market presence, TARS AI is listed on multiple exchanges, maintaining a steady trading volume that indicates continued interest from investors. The project has also established partnerships with various platforms, integrating its AI solutions into different applications, which further supports its relevance in the tech ecosystem. Overall, these indicators—recent upgrades, active community engagement, and strategic partnerships—demonstrate that TARS AI is not only active but also remains a relevant player in the AI and blockchain sectors.
Who is TARS AI designed for?
TARS AI is designed for developers and businesses looking to integrate artificial intelligence solutions into their applications. It enables them to leverage advanced AI capabilities to enhance user experiences, automate processes, and drive innovation. TARS AI provides a suite of tools and resources, including APIs and SDKs, to facilitate seamless integration and development. Secondary participants include data scientists and researchers who can utilize TARS AI for experimentation and model training, contributing to the ongoing improvement of AI algorithms. Additionally, institutions seeking to implement AI-driven solutions in their operations can benefit from TARS AI's offerings, allowing them to optimize workflows and decision-making processes. By catering to these diverse user groups, TARS AI aims to foster a collaborative ecosystem that promotes the advancement of AI technologies across various sectors.
How is TARS AI secured?
TARS AI utilizes a Proof of Stake (PoS) consensus mechanism, where validators are responsible for confirming transactions and maintaining the integrity of the network. In this model, validators are required to stake a certain amount of TARS tokens to participate in the validation process, which helps secure the network against malicious activities. The protocol employs advanced cryptographic techniques, such as Elliptic Curve Digital Signature Algorithm (ECDSA), to ensure secure authentication and data integrity. To align incentives, TARS AI offers staking rewards to validators for their participation in the network, while implementing slashing penalties for any malicious behavior or failure to validate transactions correctly. This dual mechanism encourages honest participation and discourages attempts to compromise the network. Additionally, TARS AI incorporates regular audits and governance processes to enhance security. These measures ensure that the network remains resilient against vulnerabilities and that stakeholders have a voice in decision-making, further strengthening the overall security framework of the TARS AI ecosystem.
Has TARS AI faced any controversy or risks?
TARS AI has faced some controversy regarding its data privacy practices and the potential misuse of its AI capabilities. In early 2023, concerns were raised about how user data was being collected and utilized, leading to scrutiny from privacy advocates and regulatory bodies. The team responded by enhancing their privacy policy and implementing stricter data handling protocols to ensure compliance with international data protection regulations. Additionally, TARS AI encountered technical risks related to its integration with third-party APIs, which raised questions about the reliability and security of the data being processed. To address these concerns, the development team conducted a thorough audit of their API integrations and established a more robust monitoring system to detect and mitigate potential vulnerabilities. Ongoing risks for TARS AI include market volatility and regulatory changes, which are common in the blockchain space. The project aims to mitigate these risks through continuous development practices, regular security audits, and maintaining transparency with its user base regarding any changes in policy or technology.
TARS AI (TAI) FAQ – Key Metrics & Market Insights
Where can I buy TARS AI (TAI)?
TARS AI (TAI) is widely available on centralized cryptocurrency exchanges. The most active platform is Kucoin, where the TAI/USDT trading pair recorded a 24-hour volume of over $208 670.04. Other exchanges include CoinEx and Bybit (Spot).
What's the current daily trading volume of TARS AI?
As of the last 24 hours, TARS AI's trading volume stands at $683,275.60 , showing a 86.18% decline compared to the previous day. This suggests a short-term reduction in trading activity.
What's TARS AI's price range history?
All-Time High (ATH): $0.494634
All-Time Low (ATL): $0.011005
TARS AI is currently trading ~96.72% below its ATH
.
What's TARS AI's current market capitalization?
TARS AI's market cap is approximately $9 509 884.00, ranking it #909 globally by market size. This figure is calculated based on its circulating supply of 586 681 333 TAI tokens.
How is TARS AI performing compared to the broader crypto market?
Over the past 7 days, TARS AI has gained 8.98%, outperforming the overall crypto market which posted a 3.11% decline. This indicates strong performance in TAI's price action relative to the broader market momentum.
Cryptocurrencies are highly volatile and involve significant risk. You may lose part or all of your investment.
All information on Coinpaprika is provided for informational purposes only and does not constitute financial or investment advice. Always conduct your own research (DYOR) and consult a qualified financial advisor before making investment decisions.
Coinpaprika is not liable for any losses resulting from the use of this information.
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TARS AI Basics
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TARS AI Exchanges
TARS AI Markets
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
How to use it?
By default Market depth is showing the most liquid markets sorted by Combined Orders (which is a sum of buy and sell orders). This way it provides the most interesting information already. Left (green) side of the market depth bar is showing how many buy orders are open, and right (red) side of the bar is showing how many sell orders are open (both can be recalculated to BTC, ETH or any fiat we have available on the site).


Confidence
Due to rampant malicious practices in the crypto exchanges environment, we have introduced in 2019 and 2020 new ways of evaluating exchanges and one of them is - Confidence. Because it's a new metric - it's essential to know how it works.
Confidence is weighted based on 3 principles:
Based on the liquidity from order books (75%) - including overall liquidity and market depth/volume ratio, volumes included, if exchange is low volume (below 2M USD volume 24h)
Based on web traffic (20%) - using Alexa rank as a main indicator of site popularity
Based on regulation (5%) - researching and evaluating licensing for exchange - by respective institutions
Adding all of these subscores give overall main result - Confidence
Confidence is mainly based on liquidity, because it's the most important aspect of cryptocurrency exchanges. Without liquidity there is no trading, illiquid markets tend to collapse in the long term. Besides liquidity - there is also an additional factor in calculation of score - market depth/volume ratio. If volume is huge (especially when it’s growing much faster than liquidity), and market depth seems to not keep pace with - it's reducing overall score. Exchanges that keep market makers liquidity with expanding volume are those that keep all ratios in-tact and have overall score above 75-80% (it means that they have all liquidity ratios above minimum requirements, high web traffic participation, and are often regulated).
Other coins worth interest - similar to TARS AI
| # | Name | MarketCap | Price | Volume (24h) | Circulating Supply | 7d chart | ||
|---|---|---|---|---|---|---|---|---|
| 6 | USDC USDC | $78 984 780 721 | $1.000033 | $7 127 555 695 | 78,982,150,771 | |||
| 15 | Wrapped Bitcoin WBTC | $8 878 832 738 | $67 685.38 | $233 864 522 | 131,178 | |||
| 17 | Usds USDS | $7 887 453 361 | $0.999835 | $101 426 927 | 7,888,752,944 | |||
| 18 | WETH WETH | $7 689 920 947 | $2 041.99 | $495 608 061 | 3,765,896 | |||
| 22 | Chainlink LINK | $5 419 568 940 | $8.65 | $336 878 886 | 626,849,970 |
What is Market depth?
Market depth is a metric, which is showing the real liquidity of the markets. Due to rampant wash-trading and fake activity - volume currently isn't the most reliable indicator in the crypto space.
What is it measuring?
It's measuring 1% or 10% section of the order book from the midpoint price (1%/10% of the buy orders, and 1%/10% of the sell orders).


Why it is important to use only 1% or 10%?
It's important, because measurement of the whole order book is going to give false results due to extreme values, which can make false illusion of liquidity for a given market.
What is showing Historical Market Depth?
Historical Market Depth is showing the history of liquidity from the markets for a given asset. It’s a measure of combined liquidity from all integrated markets on the coinpaprika’s market depth module.
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