NMR Numeraire Rank #353 $9.25 ▼ 1.60%
Numerai is an Ethereum-based platform that brings decentralized coordination to data science and machine learning. It hosts tournaments in which developers and data scientists build prediction models and compete to produce the most accurate forecasts. Rather than relying on an in-house team, Numerai draws on this community-generated intelligence to inform its own investment strategy in the stock market, positioning itself as a hedge fund built around crowd-sourced machine learning rather than traditional internal research. Numeraire (NMR) is the native token of the Numerai ecosystem. It is used to stake on model predictions submitted by participants, with staking aligning contributors' incentives toward submitting high-quality, reliable forecasts. The project was founded in San Francisco in late 2015 and describes itself as the first hedge fund to launch a cryptocurrency. NMR operates on Ethereum and is associated with the broader Ethereum ecosystem as well as decentralized finance applications centered on analytics and model evaluation.
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Numeraire (NMR) — FAQ
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What is Numeraire?
Numerai is an Ethereum-based platform allowing developers and data scientists to experiment and create machine learning models with improved reliability.
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When was Numeraire launched?
Numeraire (NMR) launched on 2017-06-20.
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What kind of project is Numeraire?
Numeraire (NMR) is categorised as: Decentralized Finance (DeFi), Analytics, Ethereum Ecosystem.
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Where is Numeraire's official website?
The official Numeraire site is https://numer.ai/.
