Numeraire (NMR) - A Cryptographic Token for Coordinating Machine Intelligence and Preventing Overfitting
The innovation behind the Numerai platform in using all the new tech to its advantage, including Machine Learning, Artificial Intelligence, Data Science as well as the blockchain. The platform manages to get the best possible predictions of market trends by rewarding anonymous scientists for the best models, benefiting the company as well as the scientists.
About 5,700 staked models and over 800,000 (11M+) staked at their platform, Numeraire only has a market cap of 82M. With a data model unlike any other in the financial market, perhaps the coolest thing about Numerai’s infrastructure is that it is trustless. Numerai keeps their financial data masked, and users keep their data models private since only the predictions they generate are being shared with Numerai. In general, this project is one of the oldest at the intersection of AI and crypto.
And large recent purchases confirm the rumors that the project was taken for DWF promotion. The project was in the Grayscale trust.
NMR is Nvidia in cryptocurrency and capitalization of 113M and 1 trillion.
The project is a candidate for Pump because of its history and relevance to the topic of artificial intelligence. I buy NMR for 5% in my portfolio