The TAO Network (XTO) coin is a blockchain platform for content distribution for the music industry. Tao provides solutions for real issues in the music industry using the blockchain technology. It also could be identified as a decentralized platform for creating and operating applications, offering an opportunity for the cryptocurrency community to invest in the crowdsale. Tao Network proposes a content-agnostic way of creating smart contracts on the platform through the use of IntelliTx technology. The platform is user-friendly and has a built-in form 'the TAO of Music.’ The platform is Bitcoin based. The algorithm for Tao is X11, and the total supply is 32,959,105 XTO.Tao Network was launched in July 2016 by Bryce Weiner. He has been a member of the Bitcoin sector and often serves in the capacity of fact validation for industry publications like CoinDesk.

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