The most profitable layers in today’s AI economy sit around data ownership, model optimization, and distribution. These are the areas capturing real margins and repeat demand. However, most AI tokens are positioned far from those value centers. Instead of monetizing production or usage directly, many attempt to tokenize coordination, governance, or future alignment.
Tokens such as
$TAO are often valued on the assumption that strong network effects will emerge over time. At present, though, their economics depend more on emissions, incentives, and long-term belief than on revenue generated