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Numeraire

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Long Description

Numerai is a platform built on Ethereum that lets developers and data scientists try out new things and make more reliable machine learning models. The main goal of the platform is to make data science less centralized and give developers a chance to compete in making good machine learning prediction models.

Founded in late 2015 in San Francisco, Numerai claims to be the first hedge fund to launch a cryptocurrency on the market. Unlike traditional hedge funds, however, Numerai relies on the data and predictions produced by tournament participants to participate in the stock market. They say they are the first hedge fund to invest so heavily in machine learning. The picture was generated on “https://coinmarketcap.com/.”

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