API ID:
numeraire
Trade Symbol:
Coin or Token:
Max Supply:
Use Case:
Launch Date:
Coin Overview
NMR
Token
11 Million
Decentralized hedge fund staking
2017
Numeraire
Numeraire (NMR) is the utility token for Numerai — a crowd-powered hedge fund. Data scientists stake NMR on their AI-based stock market models. If their predictions perform well, they earn more NMR; if not, their stake is burned. This system rewards accurate models and aligns incentives across the community.
A Deeper Dive
Technology & Use Case
Numeraire runs on Ethereum as an ERC‑20 token. It powers Numerai’s prediction tournaments and the Erasure protocol, where contributors stake NMR on their models. Accurate predictions earn rewards; incorrect ones result in burned stakes — encouraging high-quality AI and reducing overfitting.
Origins & Team
Numerai was founded in San Francisco in 2015 by Richard Craib. In 2017, it issued 1 million NMR tokens to about 12,000 data scientists based on prior tournament performance.
Ecosystem & Tokenomics
With a fixed maximum of 11M tokens (reduced from 21M), NMR uses weekly staking and burns to manage supply. The community votes on strategies, and high-performing data scientists are financially rewarded. Numerai aggregates these models into a meta-model that drives real hedge fund trading.
A Deeper Dive
Popular Exchanges
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