Institutions
Numeraire Price
$13.203
-$0.302 (-2.29%)
- 1d
- 1w
- 1m
- 3m
- 1y
Market Cap
Circulating Supply
About Numeraire (NMR)
Buy Numeraire
Numeraire is a hedge-fund that crowdsources predictive-trading algorithms with weekly competitions.
Numeraire has redefined prediction-model-building by conducting a weekly tournament that compensates data scientists for developing high-performing trading models. Data scientists submit prediction models built on top of a data set that is shared with all other participants. They are rewarded based on the accuracy of the model they submitted and the quantity of Numeraire tokens (NMR) they staked, if any, for a given tournament.
Token
NMR is the digital asset token used to pay for services on the Numeraire network. NMR is the token of the Erasure protocol, in which apps such as Numerai’s classic tournament and Numerai Signals are built. It is built on Ethereum in accordance with the ERC20 standard for tokens. NMR can be bought and sold for fiat currency or other digital currencies.
NMR can be stored in a crypto wallet and custodian like Gemini.
Learn more about Numeraire on Cryptopedia:
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The Graph
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