Difference between revisions of "Numerai"

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Numerai is essentially a crowdsourced, passively-managed hedge fund. Its model functions like a weekly competition in which data scientists compete to code the most effective model for predicting price movements in the stock market. Predictions are scored on a public leaderboard, and the participants with the best-performing models are given Numeraire (NMR), a [[cryptocurrency]] that is native to the Numerai platform. The data provided by the best-performing models of the previous week are then used to manage the hedge fund.<ref>{{cite web|url=https://docs.numer.ai/tournament/learn|name=Tournament Overview|org=Numerai|date=September 30, 2019}}</ref><ref>{{cite web|url=https://medium.com/numerai/game-theory-optimal-play-for-the-numerai-competition-1bb78a43d8d|name=Game Theory Optimal Play for the Numerai Competition|org=Numerai|date=September 30, 2019}}</ref>
 
Numerai is essentially a crowdsourced, passively-managed hedge fund. Its model functions like a weekly competition in which data scientists compete to code the most effective model for predicting price movements in the stock market. Predictions are scored on a public leaderboard, and the participants with the best-performing models are given Numeraire (NMR), a [[cryptocurrency]] that is native to the Numerai platform. The data provided by the best-performing models of the previous week are then used to manage the hedge fund.<ref>{{cite web|url=https://docs.numer.ai/tournament/learn|name=Tournament Overview|org=Numerai|date=September 30, 2019}}</ref><ref>{{cite web|url=https://medium.com/numerai/game-theory-optimal-play-for-the-numerai-competition-1bb78a43d8d|name=Game Theory Optimal Play for the Numerai Competition|org=Numerai|date=September 30, 2019}}</ref>
  
NMR is currently tradeable on [[Bittrex]], [[Upbit]], [[Poloniex]], [[HitBTC]], and [[IDEX]].<ref>{{cite web|url=https://coinranking.com/coin/numeraire-nmr/exchanges|name=Exchanges trading Numeraire|org=Coinranking.com|date=September 30, 2019}}</ref>
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NMR is currently tradeable on five [[exchanges]]: [[Bittrex]], [[Upbit]], [[Poloniex]], [[HitBTC]], and IDEX.<ref>{{cite web|url=https://coinranking.com/coin/numeraire-nmr/exchanges|name=Exchanges trading Numeraire|org=Coinranking.com|date=September 30, 2019}}</ref>
  
 
== References ==
 
== References ==

Revision as of 15:50, 30 September 2019

Numerai
Numerai-logo.jpg
Founded 2015
Headquarters San Francisco, CA
Employees 11-50
Products Hedge Fund, Machine Learning, and Artificial Intelligence
Twitter @numerai
LinkedIn Profile
Website Numer.ai
Releases Company News

Numerai is a decentralized digital platform that uses machine learning to predict the stock market. Its investors include Union Square Ventures and Brian Armstrong, founder of Coinbase.[1][2]

Overview

Numerai is essentially a crowdsourced, passively-managed hedge fund. Its model functions like a weekly competition in which data scientists compete to code the most effective model for predicting price movements in the stock market. Predictions are scored on a public leaderboard, and the participants with the best-performing models are given Numeraire (NMR), a cryptocurrency that is native to the Numerai platform. The data provided by the best-performing models of the previous week are then used to manage the hedge fund.[3][4]

NMR is currently tradeable on five exchanges: Bittrex, Upbit, Poloniex, HitBTC, and IDEX.[5]

References