Cryptocurrencies: 1891 / Markets: 13017 Market Cap: 24h Vol:
Numeraire (NMR) Rank 350
$6.345518
Numeraire (NMR) Rank 350
Website Twitter
1,349,328 NMR

Numeraire (NMR)
Numeraire (NMR)
NMR

Numeraire (NMR) Price
$6.35

Numeraire (NMR) 24h Vol
$37,779

Numeraire (NMR) Market Cap
$8,562,186

Numeraire (NMR) Circulating
1,349,328

Full Name
Numeraire (NMR)
Symbol
NMR
Algorithm
BTC Price
0.0009882397 BTC
BTC Market
1,333 BTC
BTC 24h Vol
6 BTC
Total Coins Mined
1,349,328 NMR
1h
0.39 %
24h
-5.91 %
7d
-15.37 %
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 N/A
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
ICO Details

ICO Details


ICO Status Finished
Token Supply N/A
Start Date N/A
End Date N/A
Fund Raised (BTC) N/A
Fund Raised (USD) N/A
Start Price (USD) N/A
Security Audit Company N/A
ICO Legal Form N/A
ICO Jurisdiction N/A
Legal Advisers N/A
Blog https://medium.com/@Numerai
White Paper N/A