Numeraire (NMR)

 Digital Assets    |      2020-09-11

Basic Information

Name of Project: Numeraire

Ticker: NMR

 

About

Numerai proposes Numeraire, a new cryptographic token that can be used in a novel auction mechanism to make overfitting economically irrational. The auction mechanism leads to equilibrium bidding behavior that reveals rational data scientists’ confidence in their models’ ability to perform well on new data. The auction mechanism also yields natural arguments for the economic value of a Numeraire token.

 

Details

Total supply: 10,979,454 NMR

Total circulation:  2,978,623 NMR

 

Other Information

Official website: https://erasure.world/

White paper: https://numer.ai/whitepaper.pdf

 

Disclaimer

This document is compiled from the official whitepaper and relevant documents provided by the project team to provide investors an overview of the cryptocurrency. The information contained in this document is collected legally. We make every effort to provide reliable, complete and accurate information. However, we do not guarantee the accuracy and completeness of the information. The information shall not be regarded as advice, legal proof or evidence, whether explicit or implied.




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