Former Uber Investor Jason Calakanis Predicts 200x TAO Rally – Altcoins Bitcoin News
Land commented that Calacanis's TAO Bittensor found a more obvious venture-type bull case.
In a piece posted by TWiSTartups, Calacanis argues that TAO could have the kind of upside that could bring it 200x ($2.5 billion). Market value), effectively naming Bittensor as a long-term and high-confidence AI infrastructure bet rather than a simple one Crypto Business.
Kalkanis is known as an early Uber backer and longtime startup investor, and has increasingly attached his name to the Bittensor narrative.
Steelcore Capital Fund's overview lists Calacanis as an advisory partner through the end of 2025 and describes the vehicle as a US fund focused on Bittensor and TAO, with exposure to the token as an institutional level for decentralized AI. The same materials describe Bittensor as an “intelligent infrastructure” game and repeatedly position TAO as a standby asset in that ecosystem.
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Artificial Intelligence (AI) agents are quietly introducing new traders, analysts and operators in crypto- and dozens of exchanges, data companies,…
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AI agents enter the crypto market with support from exchanges, wallets, data firms and others.
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Artificial Intelligence (AI) agents are quietly introducing new traders, analysts and operators in crypto- and dozens of exchanges, data companies,…
Calacanis' call fits with the larger thesis currently circulating around Bittensor, which is that if Bitcoin is the cryptocurrency layer and Ethereum is the application layer, TAO bulls believe that Bittensor could be the data layer for an AI-native internet.
Steelcore's own materials go so far as to describe Bittensor as a potential “Bitcoin of AI.”
TAO now appears to have outperformed the altcoin market, which is now trading 87% over the past 30 days at $326.
Frequently Asked Questions 🔎
Who is Jason Calacanis? Jason Calacanis is a longtime angel investor and podcaster known for hosting startups including Uber and this week. What is TAO?TAO is the native token of Bittensor, a decentralized AI network that proponents describe as the Internet of Intelligence infrastructure. Why did Calacanis TAO's opinion get attention? It gained attention by framing TAO as a potential 200x-style opportunity and also publicly linked to a Bittensor-based fund. Is Calacanis regularly involved in Bittensor-related investments? Yes. A Steelcore Capital fund overview lists Bittensor and TAO as an advisory partner on a fund that focuses on Bittensor.
