5884 cryptocurrencies
Total Market Cap $1,436.77B
24h Total Volume $31.60B

 

Numeraire Numeraire star

$28.60
-0.74 (-2.52%)

 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 0.02%
Proof type
24h Open $29.34
24h Low $27.05
24h High $29.99
Price in BTC 0.00058065253570 BTC
Current Supply 10,974,158 NMR
Total Supply 2 NMR
Market cap $313,860,896
24h Volume (coin) 55,472 NMR
24h Volume (currency) $1,576,502
24h Total volume (coin) 140,442 NMR
24h Total volume (currency) $4.01M
Last updated 2021-01-20 20:16:10 +00:00 GMT
ID Market Type Price Quantity Total
Date Price Volume

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