numeraire: News of Numeraire (NMR) - August 2024 Price Update - 12.26% Breakout Crypto News and Analysis

Explore the Core.

Numeraire (NMR) operates as a decentralized hedge fund leveraging machine learning and blockchain technology. It allows data scientists to create predictive models for stock market movements through a competitive tournament format. Participants stake NMR tokens on their models, with successful predictions earning rewards in NMR and Bitcoin. The network is secured on the Ethereum blockchain using smart contracts, ensuring trust and transparency.

Spot the Main Event:

On the 18th of August, Numeraire's announced an ongoing contest, this contest saw many users onboard their ecosystem and interacted with them. The contest also gave exposure to new investors.

This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.