Numerai is a network of data scientists that are incentivised to forecast models to improve hedge fund returns. Numaire is the token that facilitates the reward structure that correct predictions receive. Founders described it as a social network or software company whose business model happens to be a hedge fund. USV partner Andy Weissman says, “Network effects get more valuable with every participant that uses them. What’s an example of that in a financial institution? We’ve never seen one before except for this.”Numerai has already raised $7.5 million in traditional venture capital from Union Square Ventures, Joey Krug (Augur), Juan Benet (FileCoin), Fred Ehrsam (Coinbase), and Olaf Carlson-Wee (Polychain). So the Numeraire token will not be sold in a “crowdsale” or “ICO”.In Febuary 2017 1,000,000 NMR tokens were issued to 12,000 data scientists.White paperForum
Numeraire (NMR) Statistics & Facts
What is the daily trading volume of Numeraire (NMR)?
The trading volume of Numeraire (NMR) is
$5,754,993.00 in the last 24 hours,
with stable market activity.
What is the highest and lowest price for Numeraire (NMR)?
Numeraire (NMR) reached an all-time high of
$93.15
on May 16, 2021
and an all-time low of
$2.06
on Nov 26, 2018
.
It's now trading
90.11% below that peak and
347.09% above its lowest price.
What is the market cap of Numeraire (NMR)?
Market capitalization of Numeraire (NMR) is
$64,749,905 and is ranked
#386 on CoinGecko today.
Market cap is measured by multiplying token price with the circulating supply of NMR tokens
(7,033,454 tokens are tradable on the market today).
What is the fully diluted valuation of Numeraire (NMR)?
The fully diluted valuation (FDV) of Numeraire (NMR) is
$101,310,000.
This is a statistical representation of the maximum market cap, assuming the maximum number of
11,000,000 NMR tokens are in circulation today.
Depending on how the emission schedule of NMR tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of Numeraire compare against its peers?
With a price increase of
5.50%
in the last 7 days, Numeraire (NMR) is
outperforming the global cryptocurrency market which is
up 5.1%,
while outperforming when compared to similar Smart Contract Platform cryptocurrencies which are
up 4.1%.
How to add Numeraire (NMR) to MetaMask?
Adding Numeraire (NMR) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more.
To add them, you'll need to import NMR as a token. You can copy NMR's contract address
(0x1776e1f26f98b1a5df9cd347953a26dd3cb46671) and import it manually, or add NMR to MetaMask with one click.
What is the circulating supply of Numeraire (NMR)?
The circulating supply of Numeraire (NMR) is
7,033,454 NMR tokens,
which represents
63.94% of the maximum supply of 11,000,000 tokens.
Where can I buy Numeraire (NMR)?
You can buy Numeraire (NMR) on various cryptocurrency exchanges.
The most popular exchanges for trading NMR are typically centralized exchanges (CEX) like Binance, Coinbase, and Kraken,
as well as decentralized exchanges (DEX) on the Ethereum network.
Always ensure you're using a reputable exchange and enable two-factor authentication for security.
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