BUY / EXCHANGE instantly
Max Supply Algorithm Proof Type Start Date Twitter Website
-1 2017-06-21 Array Numeraire
DifficultyAdj. BlockRR. BlockNo. Network H/s Current Supply Block Reward
0 0 10717518.047383 0
Live Numeraire price movements from all markets and NMR market cap, use our charts and see when there is an opportunity to buy or sell.

What is Numeraire?

Numerai is a blockchain-based hedge fund that uses machine learning to make trades in the financial markets.

Who created Numerai?

It was founded in 2015 by Richard Craib, and is based in San Francisco, California.

How does it work?

Numerai's unique approach to hedge fund management involves creating a global network of data scientists who compete to create the best trading algorithms. The data scientists are provided with encrypted financial data, and their algorithms are evaluated based on how well they perform on new, unseen data.

Numerai's platform is built on top of the Ethereum blockchain, and uses the NMR (Numeraire) token as its native currency. The NMR token is used to incentivize data scientists to submit high-quality and accurate algorithms, and is distributed to data scientists based on the performance of their algorithms.

One of the key advantages of Numerai's approach is that it allows the hedge fund to tap into the collective intelligence of a global network of data scientists, without giving away its trading strategies or data. This creates a more secure and decentralized approach to hedge fund management, and can potentially lead to more profitable trades.

Overall, Numerai is an innovative and unique approach to hedge fund management that leverages the power of machine learning and blockchain technology to create a more efficient and decentralized financial ecosystem.

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