Numeraire (NMR) is a project working to revolutionise the investment industry through data analytics.

• NMR works by allowing their users to stake tokens to predict certain events, if they are correct they will be rewarded for their correct analysis.
• Through monetary incentivisation and reputation increasing with every correct prediction, users work hard to interpret data and predict financial movements to control the capital of the Numerai hedge fund.
• Numeraire created the world’s first weekly encrypted data science tournament where users have to interpret stock market data and make predictions based on their findings. At the time of writing, they have given away over 30 million dollars worth of NMR.

With competition constantly increasing in the financial market, NMR’s creative strategy could make them a significant contributor in the future of the industry.