TAO: Speculative Asset with High Volatility, High Centralization, and High Risk Under AI Concept Packaging
TAO surged under the halo of "decentralized AI," but beneath the packaging lies serious centralization, complex mechanisms, fragile liquidity, and lack of real-world applications—with severely insufficient long-term support.
It claims decentralization but is actually tightly controlled by core teams and foundations, with so-called governance resembling internal closed loops; over 60% of chips are concentrated in the hands of a few, making the market extremely susceptible to manipulation,
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