Numeraire (NMR)

$6.8-3.26926%≈ 0.000843 BTC 24H Low/High: $6.6 - $7.2
24H Volume
$788.624K
≈ 97 BTC
0.9%
Ranking: #340Turnover Rate
Market Cap
$30.630M
≈ 3,800.7228969480993 BTC
0.0%
Ranking: #121Market Share
Current Supply
4,472,776.36291556 NMR
Total 10,987,665 NMR
40.7%
Supplied Ratio
Start Date
21/06/2017
Max Supply
10987665
Algorithm
-
Proof Type
-
Twitter
-
Website
https://numer.ai/
Difficulty Adj.
-
Block RR.
-
Block #
-
Network H/s
-
Current Supply
4472776.36291556
Block Reward
-

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

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Numeraire Market Chart

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Numeraire Exchanges

# Exchange Pair Price/Rate Volume Volume (USD) Vol. Ratio Updated
1BilaxyNMR/BTC$6.9166,515.52$459,756.9658.89%26 minutes ago
2UpbitNMR/BTC$6.7446,063.8681098$310,768.4539.80%25 minutes ago
3PoloniexNMR/BTC$7.02794.545419820821$5,584.680.72%25 minutes ago
4BittrexNMR/BTC$6.90661.789717314488$4,571.410.59%24 minutes ago