Numerai Price today
Numerai, also known as NMR, has a price today of 5,61$ and a market capitalization of 61.671.688$, which is 0,02% of the total. Numerai has a total of 10.990.546 coins in circulation.
In the last 24 hours, the price of Numerai has decreased -0,13$, which is -2,26% of its valuation.
What is Numerai?
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.Visit website open_in_new
|Price in BTC||0.00065197 BTC|
|Current Supply||10.990.546 NMR|
|Total Supply||2 NMR|
|24h Volume (coin)||3.100 NMR|
|24h Volume (currency)||$17.393|
|Last updated||2019-10-09 22:15:23 +01:00 BST|
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