2254 cryptocurrencies
Total Market Cap $409,917,559,728
Total Volume 24h $1,453,453,370

Numerai Numerai

-0.34 (-2.07%)

 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.

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Market share 0.01%
Proof type
24h Open $16.57
24h Low $15.72
24h High $16.57
Price in BTC 0.00198899625446 BTC
Current Supply 2,286,257 NMR
Total Supply 2 NMR
Market cap $37,102,056
24h Volume (coin) 0 NMR
24h Volume (currency) $0
Last updated 2018-03-17 04:25:02 +00:00 GMT
ID Market Type Price Quantity Total
Date Price Volume