Sirius Media: Towards a new financial model with TAO tokens

Sirius Media, a group specializing in audiovisual production, has announced its intention to become the first listed "TAO Treasury Company." This initiative is part of a financial diversification strategy with the purchase of TAO tokens, specific to the Bittensor blockchain, dedicated to Artificial Intelligence (AI).

Bittensor stands out for its ability to facilitate the creation and collaboration of AI models within a decentralized network. Contributors are compensated in TAO, the number of which is limited to 21 million, like Bitcoin. Sirius Media will begin acquiring these tokens this summer, with the aim of investing in AI projects for its production activities.

The company is also considering staking its tokens to generate additional revenue, with an average annual return of over 15%. This strategy, a world first for a listed production company, could significantly transform its financing and audiovisual production.