Cryptocurrencies: 23580
Markets: 87541
Market Cap: $2,462,068,391,601     
24h Vol: $192,020,616,365
1 Numeraire (NMR) Rank 339
$14.971646
Numeraire (NMR) Rank 339
Website Twitter
7,344,950 NMR

Numeraire (NMR)

Numeraire (NMR)

NMR

Numeraire (NMR) Price
$14.97

Numeraire (NMR) 24h Vol
$5,206,496

Numeraire (NMR) Market Cap
$109,965,988

Numeraire (NMR) Circulating
7,344,950

Full Name
Numeraire (NMR)
Symbol
NMR
Algorithm
ETH Token
BTC Price
0.00020260 BTC
BTC Market
1,488 BTC
BTC 24h Vol
70 BTC
Total Coins Mined
7,344,950 NMR
1h
0.01 %
24h
9.02 %
7d
-2.04 %
Charts

Numeraire (NMR)

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 ETH Token
Proof Type N/A
Website 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 7,344,950 NMR
Previous Total Coins Mined N/A
Net Hashes Per Second N/A
Numeraire (NMR) News
What is Numeraire Coin?

What is Numeraire Coin?

Numeraire (NMR) is a cryptocurrency token that operates on the Ethereum platform. The Numerai platform can be described as a hedge fund company.The post What is Numeraire Coin? appeared first on COINTURK NEWS.

access time image 11-06-2023 14:00

What is Numeraire (NMR)?

What is Numeraire (NMR)?

Numeraire (NMR) is a token that plays a unique role in the world of machine learning and financial modeling, making it a significant leader in this field. Numerai and the NMR token combine these areas to incentivize scientists and financial modelers and reward them for making accurate predictions.The post What is Numeraire (NMR)? appeared first on COINTURK NEWS.

access time image 07-30-2023 06:24

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