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.
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.
NMR is based on Ethereum so it could be stored in any ERC-20 compatible wallet.
NMR coin is listed on HitBTC, Poloniex, Bittrex and some other exchanges. You may always check the most relevant NMR price on CoinMarketCap.
You can always buy NMR coins on the ChangeNOWplatform, where we provide the best rates and user-friendly experience.