Numeraire
NMR
$ 8.58
0.00011687 BTC
Marketcap
$ 60,357,319
Volume (24h)
$ 9,290,523
Circulating Supply
7,038,201 NMR
Total Supply
10,634,751 NMR

 

Numeraire (NMR) Price Chart

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Numeraire (NMR) Price History

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Historical Price for Numeraire
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Numeraire (NMR) to USD Converter

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What is Numeraire?

Numerai is an AI-run, crowd-sourced hedge fund based in San Francisco. It was created by South African technologist Richard Craib in October 2015. Numerai’s trades are determined by an AI, which is fueled by a network of thousands of anonymous data scientists. Numerai's investment group was led by Howard Morgan of Renaissance Technologies, and its investors include Naval Ravikant.

Numerai aims to change the way Wall Street operates by promoting a collaborative approach to investment and money management. Numerai harnesses the power of the collective through a monthly tournament and machine learning. Each month, data scientists submit their predictions and best trading algorithms in exchange for a form of cryptocurrency called Numeraire. Numerai raised $7.5 million in 2016 in two funding rounds.

While Numeraire offers many opportunities for investment and transactions, there are many other cryptocurrencies available that could align more closely with your specific needs. Whether you’re looking to diversify your portfolio or just getting started, we encourage you to check out our guide on the best crypto to buy now.

Additionally, to enhance your cryptocurrency management experience, consider reading our guides on the best crypto wallet and the best crypto app.

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