Numeraire (NMR)

Numeraire coin

What Is Numeraire?

Numeraire (NMR) is a cryptocurrency of Numerai - a data science tournament that powers the Numerai hedge fund. Every weekend new tournament data is released thus starting a new round of the tournament. To participate, users should run the new tournament data through their model and submit their predictions back to Numerai. The task it to train a model to make predictions on the out-of-sample tournament data (it includes validation and test Gould out sets, live features of current stock market). NMR token powers a precise behavior and improves the performance of models.

What Are The Numeraire Advantages?

API that allows people around the world to submit predictions from machine learning models.

Staking: every tournament participant can stake NMR tokens on his/her predictions. If the prediction is good, the user earns money and NMRs are returned (they are destroyed if the prediction is bad).

Secrecy of data: Numerai applies a mix of data science, machine learning, AI and cryptography.

How To Store NMR Coin?

NMR is based on Ethereum so it could be stored in any ERC-20 compatible wallet.

How To Buy NMR Coin?

NMR coin is listed on HitBTC, Poloniex, Bittrex and some other exchanges. You may always check the most relevant NMR price on CoinMarketCap.

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You can always buy NMR coins on the ChangeNOWplatform, where we provide the best rates and user-friendly experience.