Cryptocurrencies: 2629 / Markets: 20809 Market Cap: 24h Vol:
Numeraire (NMR) Rank 306
$6.936649
Numeraire (NMR) Rank 306
Website Twitter
1,349,328 NMR

Numeraire (NMR)
Numeraire (NMR)
NMR

Numeraire (NMR) Price
$6.94

Numeraire (NMR) 24h Vol
$22,454

Numeraire (NMR) Market Cap
$9,359,816

Numeraire (NMR) Circulating
1,349,328

Full Name
Numeraire (NMR)
Symbol
NMR
Algorithm
ETH Token
BTC Price
0.00091669 BTC
BTC Market
1,237 BTC
BTC 24h Vol
3 BTC
Total Coins Mined
1,349,328 NMR
1h
0.72 %
24h
-11.77 %
7d
-9.55 %

Charts



Description

Description


Numerai is a network of data scientists that are incentivised to forecast models to improve hedge fund returns. Numaire is the token that facilitates the reward structure that correct predictions receive. Founders described it as a social network or software company whose business model happens to be a hedge fund. USV partner Andy Weissman says, “Network effects get more valuable with every participant that uses them. What’s an example of that in a financial institution? We’ve never seen one before except for this.”

Numerai has already raised $7.5 million in traditional venture capital from Union Square Ventures, Joey Krug (Augur), Juan Benet (FileCoin), Fred Ehrsam (Coinbase), and Olaf Carlson-Wee (Polychain). So the Numeraire token will not be sold in a “crowdsale” or “ICO”.

In Febuary 2017 1,000,000 NMR tokens were issued to 12,000 data scientists.

White paper

Forum

Full Name Numeraire (NMR)
Start Date N/A
Algorithm ETH Token
Proof Type N/A
Website https://numer.ai/
Twitter @numerai
Facebook N/A
Reddit N/A
Block Number N/A
Block Time N/A
Block Reward N/A
Total Coins Mined 1,349,328 NMR
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer